Business
Motorola Outlines Plan to Split Into Two Companies
Motorola confirmed on Thursday that it planned to reorganize into two independent companies by the first quarter of 2011, with its mobile handset unit and its television set-top box division being combined and spun off as a separate publicly trade...
Western Union to Pay $94 Million to Settle Dispute
Western Union has agreed to a $94 million settlement Thursday in disputes with Arizona prosecutors that center on the state's effort to reduce the flow of immigrant and drug smuggling money through wire transfers.
Obama Advisers Predict Unemployment of 8.2% by 2012
WASHINGTON — The Obama administration projected Thursday that the unemployment rate would fall this year by only a little, if at all, and would remain well over 6 percent until 2015.
Nigeria's New Leader Woos Oil Companies
Nigeria's new acting president, Goodluck Jonathan, is attempting to breathe life into the nation's ailing energy sector just two days after assuming the duties of President Umaru Yar'Adua, who has been out of the country since November with health...
Singapore's First Casino to Open February 14
SINGAPORE — Singapore's first casino will start operating on Sunday, in time for the Lunar New Year, the operator said Thursday.
North Korea to woo foreign investors: report
SEOUL — North Korea plans to open up 12 special zones for foreign investors in an attempt to shore up its crumbling economy, a South Korean newspaper reported Thursday.
Black leaders urge Obama to focus job creation on their communities
Amid signs that black Americans are not sharing in the nation's fledgling economic recovery, President Obama on Wednesday met at the White House with African American leaders, who urged him to adopt a new approach more tightly focused on chronical...
Greece needs psychological, political support -PM
Greece needs psychological and political support from Europe and does not envisage calling on the International Monetary Fund for help, Greek Prime Minister George Papandreou was quoted as saying on Thursday.
Putin says Baltic Sea gas pipeline will be 'safe'
HELSINKI — Russian Prime Minister Vladimir Putin on Wednesday downplayed environmental concerns about a planned gas pipeline in the Baltic Sea, saying it would be a "safe and reliable" energy link for Europe.
Zimbabwe PM rejects sale of foreign firms to locals
HARARE — Zimbabwe Prime Minister Morgan Tsvangirai on Wednesday dismissed proposed regulations forcing foreign companies to sell the majority of their shares to locals.