Business

Business Samsung faces fresh child labor claim in China Samsung faces fresh child labor claim in China
Samsung is facing a fresh accusation that one of its China suppliers hired children to meet production targets during a period of high demand from the South Korean electronics giant.
Business Theme park CEO says job is about making memories Theme park CEO says job is about making memories
Matt Ouimet has spent his first two years as chief executive of Cedar Fair Entertainment Co. making sure that the chain's 11 amusement parks across the country have plenty of attractions for all ages.
Business Want contracts? Work harder, women's organization CEO says Want contracts? Work harder, women's organization CEO says
Pamela Prince-Eason isn't letting women business owners off the hook - if they want more contracts with big corporations or the government, they have to work harder to get them than they do now.
Business Source: American Apparel to receive financing Source: American Apparel to receive financing
American Apparel Inc. has reached a preliminary deal with investment firm Standard General to receive a $25 million investment to bolster the clothing chain's finances, a person close to the negotiations said Wednesday.
Business U.S. companies post most jobs in 7 years in May U.S. companies post most jobs in 7 years in May
U.S. employers advertised more jobs in May than in any month in the past seven years, a sign that this year's strong hiring trend is likely to continue.
Business Luxury Rolls-Royce car sales soar worldwide Luxury Rolls-Royce car sales soar worldwide
Sales of luxury Rolls-Royce cars, which cost hundreds of thousands of dollars, soared all around the world during the first half of the year, even in Europe which is recovering slowly from recession.
Business Trade talks on $1 trillion in environmental goods Trade talks on $1 trillion in environmental goods
Diplomats from the United States, China and the European Union began talks Tuesday with 11 other countries toward a deal that would cut tariffs on almost $1 trillion of environmental goods.
Business Samsung earnings hit by slowing China sales Samsung earnings hit by slowing China sales
Samsung Electronics Co. said operating profit declined to a two-year low in the second quarter, hit by the strong local currency and slowing demand for smartphones in China.
Business IMF chief hints at reduction in growth forecasts IMF chief hints at reduction in growth forecasts
The chief of the International Monetary Fund predicts that the global economy will improve over the next 18 months but says that growth might not be as fast as previously expected.
Business Expedia agrees to buy Wotif for $658M
Expedia Inc. says it has agreed to pay 703 million Australian dollars ($658 million) for Wotif.com Holdings Ltd., an online travel company that covers the Asia-Pacific region.