Business News

  • Apple Tests Larger Screens for iPhones, iPads
    Apple has asked its Asian suppliers for prototypes of screens larger than 4 inches for smartphones and under 13 inches for tablets, officials at its suppliers say.
  • Sears Would Really Like to Sell You a $33,000 Rolex
    Sears, in a counterintuitive strategy, has been working to secure designer clothes and luxury goods for a section of its website open to third-party vendors.
  • China Detains British Investigator
    Shanghai police are holding a well-known China-fraud investigator whose clients included U.K. pharmaceutical firm GlaxoSmithKline, according to people familiar with the matter.
  • TV Scrambles Ahead of Critics Press Tour
    Broadcast and cable networks put on a show for television critics and reporters to promote their new season lineups at the semiannual press tour.
  • Vivendi Nears Two Transformative Deals
    Vivendi is nearing deals for the sale of its Maroc Telecom stake and a cash payout from its Activision videogame unit, two milestones in the French conglomerate’s bid to slash debt and remake itself as a media company.
  • Qihoo 360 Seeks to Buy Sohu's Search Business
    Chinese Internet firm Qihoo 360 is in talks to acquire Sohu.com’s Sogou search business, potentially raising a challenge to Baidu in the Chinese search market.
  • In Asbestos Fight, Garlock Uses Other Claims as Defense
    When the bankruptcy hearings of Garlock Sealing Technologies begin, the maker of asbestos gaskets hopes to show that plaintiffs’ lawyers have already found someone else to blame for cancer cases.
  • Hutchison to Sell ParknShop
    Asia’s richest man is seeking to sell his hometown supermarket chain for a price that could reach $4 billion as he steps up his global expansion, taking advantage of low priced assets in weak economies in Europe.
  • HTC Reorganizes America Operations
    HTC is establishing a new unit for “emerging devices” and putting its global sales president back in charge of its key America operations.

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