RICHMOND, Va.— A South Korean chemical company has agreed to pay $2 million to settle a criminal complaint alleging attempted theft of a competitor's trade secrets. The complaint against Toray Chemical Korea Inc. was filed Wednesday in U.S. District Court in Richmond.» Read More
In a nationwide advertising campaign that includes bus shelters, billboards and a website, the FBI is targeting corporate espionage — and encouraging employees of American corporations to be wary of spies in their midst.
Hackers in China broke through the computer defenses of the U.S. Chamber of Commerce last year and were able to access information about its operations and its 3 million members, the Wall Street Journal reported on Wednesday.
CNBC's Jackie DeAngelis reports a Chinese-born scientist pleaded guilty to stealing trade secrets from Dow and Cargil; GM reports it sold 2 millions cars & trucks in China; and according to the United Nations, the world's 7th billion person will be born by month's end.