Last June, an affiliate of the Chinese e-commerce giant Alibaba made an offer to its hundreds of millions of users: Give us your cash, and we will pay more than Chinese banks wil» Read More
NEW YORK Jan 7- Chinese recycling tycoon Chen Guangbiao dialed back his ambitious plans to buy The New York Times Co just over a week after making his intentions public. Chairman Arthur Sulzberger Jr. has said recently the Times is not for sale. A New York Times spokeswoman declined to comment on Chen.
It’s time for the Lightning Round. Cramer makes the call on viewer favorites.
Jan 5- JPMorgan Chase& Co is nearing a $2 billion settlement with federal authorities to resolve suspicions that the bank ignored signs of Bernard Madoff's Ponzi scheme, the New York Times reported, citing people briefed on the case.
BEIJING, Jan 3- Chen Guangbiao has never acquired a company. But these facts have failed to puncture the preternatural bubble of confidence surrounding the controversial Chinese entrepreneur, who has his sights set on what he has deemed the world's most influential news outlet: the New York Times Co..
An eccentric Chinese recycling magnate said on Tuesday he was preparing to open negotiations to buy the New York Times.
BEIJING, Dec 31- An eccentric Chinese recycling magnate said on Tuesday he was preparing to open negotiations to buy the New York Times Co.. Chen Guangbiao, a well-known philanthropist, is something of a celebrity in China.
The White House is coming under pressure from some of its closest allies to name a CEO to run its health insurance marketplace.
A hacker secretly took over a computer server at the BBC, Britain's public broadcaster, and tried to sell access to the server on Christmas Day.
BOSTON, Dec 29- A hacker secretly took over a computer server at the BBC, Britain's public broadcaster, and then launched a Christmas Day campaign to convince other cyber criminals to pay him for access to the system. A BBC spokesman declined to discuss the incident.
WASHINGTON, Dec 29- The White House is coming under pressure from some of its closest allies on healthcare reform to name a chief executive to run its federal health insurance marketplace and allay the concerns of insurers after the rocky rollout of Obamacare.
SAN FRANCISCO, Dec 20- As a key part of a campaign to embed encryption software that it could crack into widely used computer products, the U.S. National Security Agency arranged a secret $10 million contract with RSA, one of the most influential firms in the computer security industry, Reuters has learned.
Dec 20- News Corp on Friday made its first acquisition as a stand-alone company with the $25 million purchase of social news tool Storyful.
BEIJING, Dec 19- The Chinese government has renewed the press accreditations for journalists from Bloomberg News and several New York Times reporters, a journalists' group said on Thursday.
WASHINGTON, Dec 17- President Barack Obama's top economic aide Gene Sperling is postponing his departure from the White House for a month while his replacement, Jeffrey Zients, gears up for the new job after overseeing intensive efforts to fix the website used to shop for Obamacare health insurance, the White House said on Tuesday.
"Coal is abundant and geopolitically secure, and coal-fired plants are easily integrated into existing power systems," Van der Hoeven admitted. Coal power plants are simple and cheap to build, and produce a predictable and reliable flow of electricity on demand.
Dec 16- GlaxoSmithKline Plc will stop paying doctors to promote its products, Chief Executive Andrew Witty said in an interview with the New York Times, in a move that could be a first for a major drug company. The accusations are the most serious against a multinational in China in years.
Dec 16- The fate of a $1.2 billion lawsuit accusing ABC News of damaging a beef producer's profits and reputation through its reports about a controversial product dubbed by critics as "pink slime" might be determined this week.
NEW YORK, Dec 12- JPMorgan Chase& Co is working with criminal and regulatory authorities on settlements over the bank's relationship with convicted Ponzi schemer Bernard Madoff, one that would involve $2 billion in penalties and a rare criminal action, according to sources familiar with the matter.
Dec 11- U.S. wireless operators on Wednesday fought back against an accusation from the New York State attorney general that they refused to install software that would act as a "kill switch" to discourage theft of smartphones.
Dec 11- New York State attorney general is investigating why American cellphone carriers are yet to support antitheft software on Samsung smartphones, raising questions about possible coordination among the biggest carriers, the New York Times reported.