Thursday, March 13, 2014
General Motors faced more pressure over its handling of a deadly defect in certain compact cars Tuesday as word leaked of a criminal investigation and two congressional committees opened probes into the matter.
Hong Kong carrier Cathay Pacific said Wednesday net profit more than tripled last year on a rise in Chinese travelers and fuel-cost savings, but its cargo unit saw earnings fall while analysts warned of a tough future.
The agency that oversees public transportation in Chicago is suing American Airlines for falsely claiming to buy “vast amounts of jet fuel” from a small office in a rural community to avoid paying tens of millions of dollars in taxes in the nation's third-largest city, where the actual work is done.
EBay Inc. CEO John J. Donahoe's total compensation for 2013 plunged 53 percent compared with 2012, when the e-commerce company gave its leader more than US$23 million in stock awards.
Chinese e-commerce giant Alibaba is expanding into media by acquiring control of a Hong Kong film and television company, ChinaVision, for US$804 million.
Men's Wearhouse plans to acquire Jos. A. Bank for US$1.8 billion, the companies announced Tuesday, a deal that creates a heavyweight in men's retail and likely concludes a lively takeover saga.
Indian budget airline SpiceJet has placed an order for 42 Boeing 737 MAX planes in a deal worth US$4.4 billion, the companies announced in a joint statement on Wednesday.
Wednesday, March 12, 2014
Shares of Taiwan-based smartphone vendor HTC Corp. (宏達電) moved sharply higher Tuesday morning on optimism over initial preorder sales of its newly unveiled middle-end model — the Desire 816 — in China, dealers said.
Google Inc. is planning to double the number of engineers in its Chrome operating system research center in Taiwan this year, as part of the U.S. search engine's biggest recruitment project in the country, a Google executive said Tuesday.
Chunghwa Telecom Co. (中華電信) was the top carrier among Taiwan's three largest telecom service suppliers in February in terms of earnings per share (EPS), according statistics compiled by the companies.