Most Popular
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Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
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Wealthy parents ditch Korean passports to get kids into international school
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Man convicted after binge eating to avoid military service
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First snow to fall in Seoul on Wednesday
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Final push to forge UN treaty on plastic pollution set to begin in Busan
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Korea to hold own memorial for forced labor victims, boycotting Japan’s
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S. Korea not to attend Sado mine memorial: foreign ministry
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Nvidia CEO signals Samsung’s imminent shipment of AI chips
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Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
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Job creation lowest on record among under-30s
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Skype to buy message service GroupMe
NEW YORK (AP) ― Skype is expanding even before it gets absorbed by Microsoft Corp.The online communications service said Monday that it plans to buy GroupMe, which provides group text messaging.Skype lets users make calls, conduct video chats and send instant messages over the Web. Its basic service
Aug. 23, 2011
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Ford, Toyota to work together on hybrid trucks
Firms sign deal to jointly develop gas-electric hybrid system for pickup trucks, SUVsDEARBORN, Michigan (AP) ― A chance meeting in an airport lobby between the top executives of Ford Motor Co. and Toyota Motor Corp. has evolved into a deal between the auto giants to jointly develop a gas-electric hy
Aug. 23, 2011
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Small raises for salaried workers
NEW YORK (AP) ― A new survey says salaried U.S. workers can expect another year of modest raises in 2012.After increasing salaries by 2.6 percent this year and last year, companies are planning a 2.8 percent bump in 2012, benefits and human resources consultancy Towers Watson reported Monday.That’s
Aug. 23, 2011
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Greece expects recession to deepen
Finance Ministry expects recession-hit economy to shrink between 4.5% and 5.3% this yearATHENS, Greece (AP) ― Greece’s finance minister said Monday that the crisis-afflicted economy will shrink more than expected this year, putting further pressure on the country’s ambitious deficit-cutting effort.E
Aug. 23, 2011
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Korea to develop homegrown OS for smartphones
South Korea will seek to develop a new, open-source operating system for mobile phones that will help secure local smartphone makers’ future competitiveness against their global rivals such as Apple Inc., a government official said Monday.The move comes shortly after Google Inc. announced its purcha
Aug. 22, 2011
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New data spill shows risk of online health records
SAN FRANCISCO (AP) ― Until recently, medical files belonging to nearly 300,000 Californians sat unsecured on the Internet for the entire world to see.There were insurance forms, Social Security numbers and doctors’ notes. Among the files were summaries that spelled out, in painstaking detail, a truc
Aug. 22, 2011
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Germany again rejects eurobonds
Merkel renews position, sees no sign of recession in Europe’s biggest economyBERLIN (AP) ― German Chancellor Angela Merkel insisted Sunday that eurozone-wide government bonds wouldn’t solve the current debt crisis, and said she sees no sign of a new recession in her own country ― Europe’s biggest ec
Aug. 22, 2011
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Baby boomers will be spending billions to counter aging
NEW YORK (AP) ― Baby boomers heading into what used to be called retirement age are providing a 70 million-member strong market for legions of companies, entrepreneurs and cosmetic surgeons eager to capitalize on their “forever young” mindset, whether it’s through wrinkle creams, face-lifts or worko
Aug. 22, 2011
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Burger King retires mascot ‘The King’
PORTLAND, Oregon (AP) ― The King is dead, but the burger lives on.Burger King Corp. on Friday said it is retiring “The King” mascot, a man with an oversized plastic head and creepy smile who in recent years has been shown in ads peeping into people’s windows and popping up next to them in bed.The mo
Aug. 21, 2011
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Facebook’s spam program catches innocent users
PITTSBURGH (AP) ― Facebook has sent notes of apology and is changing automated systems that blocked environmental activists and other people from posting on like-minded Facebook pages.The activists weren’t victims of censorship, but rather an anti-spam computer algorithm that was impersonally doing
Aug. 21, 2011
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Verizon workers return to work without deal
Striking employees to keep negotiating on health care benefits, pension and work rulesNEW YORK (AP) ― Thousands of striking Verizon workers will return to work starting Monday night, though their contract dispute isn’t over yet.Both the company and the union say they have agreed to narrow the issues
Aug. 21, 2011
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Obama to Congress: Work together to aid jobless
U.S. President tells Congress to put country over politics and find ways to get people back to workVINEYARD HAVEN, Massachusetts (AP) ― President Barack Obama says members of Congress should put country before politics, set aside their differences and find ways to get people back to work.The preside
Aug. 21, 2011
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Rompuy opposes common euro bonds
European Union President Herman Van Rompuy ruled out issuing common bonds as a cure for the debt crisis, saying any joint borrowing should wait until European economies and budgets are better aligned.With three countries drawing financial aid and national debts ranging from 6.6 percent of gross dome
Aug. 21, 2011
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HP buys Autonomy as it exits mobile
PALO ALTO, Califonia (AP) ― Hewlett-Packard Co. is buying Autonomy Corp. to expand its line-up of business software products as it lowers its profile in consumer electronics.The acquisition, announced Thursday, comes amid a flurry of other dramatic moves that will reshape HP, the world’s largest tec
Aug. 19, 2011
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Google-Motorola deal highlights patent arms race
NEW YORK (AP) ― When an Internet company plunks down $12.5 billion to buy a struggling cellphone company for its collection of patents, it’s another sign that, for the high-tech industry, patents have become a mallet wielded by corporations to pummel their competitors.Google Inc. announced the deal
Aug. 18, 2011
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Gold brokers revel in precious metal revival
NEW YORK (AP) ― For what is normally a sleepy month, there are so many customers at the Gold Standard, a New York company that buys jewelry, that it feels like Christmas in August. Uncle Ben’s Pawn Shop in Cleveland has never seen a rush like this.Welcome to the new American gold rush. The price of
Aug. 18, 2011
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Core wholesale inflation up most in 6 months
Companies paid more for wholesale goods, though inflation pressures mutedWASHINGTON (AP) ― A key measure of wholesale inflation rose in July by the most in six months.The measure, called core wholesale inflation, excludes volatile food and energy prices. It surged 0.4 percent last month.But most eco
Aug. 18, 2011
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‘Greece, Ireland, Portugal should default’
European politicians should let Greece, Ireland and Portugal default while taking steps to ensure Italy and Spain won’t, according to Pacific Investment Management Co.’s Neel Kashkari.“They are delaying and denying as long as possible because the medicine to actually put out this crisis tastes so ba
Aug. 18, 2011
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French, German leaders want elected eurozone chief
Markets cool on French, German proposals to shore up euro, including ‘economic government’BRUSSELS (AP) ― The leaders of France and Germany said Wednesday that they want the heads of the eurozone countries to elect the president of a new “economic government” who would direct regular summits to resp
Aug. 18, 2011
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HTC sues Apple in new patent dispute
WILMINGTON, Delaware (AP) ― Taiwanese smartphone maker HTC Corp. is accusing Apple Inc. of violating three patents covering smartphones and other technologies, the latest round in an ongoing dispute between the two companies.HTC filed the latest lawsuit Monday in U.S. District Court in Wilmington, D
Aug. 17, 2011
