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January, 22, 2017

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Business > Company Focus
The Washington Post, purchased three years ago by Amazon founder Jeff Bezos, will turn a profit in 2016 and expand its newsroom, defying the downward trend in the newspaper industry.
 
Airbus said Tuesday it was postponing for a year the planned delivery of 12 A380 superjumbos to Dubai's Emirates airline, without offering reasons for the delay.
 
South Korea's antitrust regulator slapped a 1.03 trillion won (US$865 million) fine on Qualcomm Inc. Wednesday for allegedly violating competition laws.
 
A plunge in the share price of Toshiba over a possible write-down and the bailout of one of Italy's top banks were the biggest ripples in otherwise placid trading Tuesday.
 
CTBC Holdings (中國信託金控) has won recognition from leading world agencies in 2016, marking the fifth consecutive year the holding company won more than 100 awards in one year.
 
Toshiba said Tuesday it may book a one-time loss of several billion dollars over a U.S. subsidiary's acquisition of a nuclear power service company.
 
German luxury carmaker BMW will recall nearly 200,000 vehicles in China because of flawed air bags, according to the country's quality regulator and the company.
 
Small drugstore chain Fred's may become national player
Fred's, a small regional drugstore chain from Memphis, Tennessee, has had a very good week.
 
A pioneering water park in Orlando is closing after nearly 40 years of splashes.
 
Advertising executive Freddie Yuan (袁學智) confirmed Friday he has been invited by Hon Hai to serve as the group's chief marketing officer (CMO).
 
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