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IKEA flatpacks its way through downturn ZAVENTEM, Belgium (AP) -- It takes Mikael Ohlsson five minutes - and the help of one other person - to assemble IKEA's Ektorp sofa.... |
After immigration crackdown, farmers mull planting ATLANTA (AP) -- It's unclear whether farmers in Georgia and Alabama will face a shortage of workers due to tough new laws targeting illegal immigration, but some producers said they have begun changing their plans for planting and harvesting this year's crops.... |
Embattled Olympus to remain on Tokyo stock market TOKYO (AP) -- Olympus Corp. will not be kicked off the Tokyo Stock Exchange, but the camera and medical device maker must pay a fine for covering up massive losses with false accounting, exchange officials said Friday.... |
US Internet piracy case brings New Zealand arrests WELLINGTON, New Zealand (AP) -- With 150 million registered users, about 50 million hits daily and endorsements from music superstars, Megaupload.com was among the world's biggest file-sharing sites. Big enough, according to a U.S. indictment, that it earned founder Kim Dotcom $42 million last year alone.... |
Obama to press Congress to revisit $1.2T in cuts WASHINGTON (AP) -- In its budget submission next month, the Obama administration will urge lawmakers to revisit the failed attempt by a congressional supercommittee to cut the deficit by at least $1.2 trillion, the White House says.... |
Vodafone not liable for $4.4B India tax bill MUMBAI, India (AP) -- British telecom giant Vodafone is not liable for up to $4.4 billion in back taxes and penalties, India's top court said Friday, in a ruling that removes significant uncertainty for foreign companies investing in the country.... |
Markets cautious as Greece meets creditors again LONDON (AP) -- Financial markets were cautious Friday ahead of another round of debt-reduction talks between Greece and its private creditors that could determine whether Europe's debt crisis flares up again.... |
Debt inspectors in Athens as bond talks continue ATHENS, Greece (AP) -- International debt inspectors arrived in Athens on Friday to assess whether Greece is doing enough to get crucial bailout cash, while talks with private creditors continued on a bond swap deal needed to avoid default.... |
EU Internet czar comes out against SOPA BRUSSELS (AP) -- The European Union's Internet czar has added her voice to resistance of the Stop Online Piracy Act, in an unusually open comment on U.S. legislation.... |
Agency: Iran shuts down shops selling Barbie dolls TEHRAN, Iran (AP) -- Police have closed down dozens of toy shop for selling Barbie dolls, part of a decades-long crackdown on signs of Western culture in Iran, the semiofficial Mehr news agency reported Friday.... |