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Business

Billionaire among 6 nabbed in inside trading case

NEW YORK (AP): One of America's wealthiest men was among six hedge fund managers and corporate executives arrested Friday in a hedge fund insider trading case that authorities say generated more than $25 million in illegal profits and was a wake-up call for Wall Street.

Business

Recession has sweeping impact on US life, marriages postponed

WASHINGTON: The recession is profoundly disrupting American life: More people are delaying marriage and home-buying, turning to carpools yet stuck in ever-worse traffic, staying put rather than moving to a new city.

Business

Measuring and managing corporate reputation

WHEN I think of Johnson Johnson, I think of smiling babies and then I get all warm and fuzzy inside.

Business

Has undergraduate education lost its way?

Tan Sri Lin See-Yan forwards the poser of howpeople educated in some of the finest andsmartest global universities are responsible forsome of the financial problems since 2000.

Business

Mexican entrepreneur wants to turn KidZania into global brand

CHILDREN's role-playing is a universal concept that has existed for thousands of years. Identifying this as a business opportunity, Mexican entrepreneur Xavier Lopez Ancona founded the KidZania theme park in 1999.

Business

US: Seattle restaurateur paid 4 workers to marry

SEATTLE: The owner of a chain of popular Seattle-area Thai restaurants has been indicted on charges alleging she paid workers tens of thousands of dollars to enter into sham marriages with her relatives, allowing them to stay in the U.S.

Business

Dr M: Govt can consider PR status for skilled foreigners to attract investments to Cuberjaya

CYBERJAYA: The Government can consider giving permanent resident status to skilled and qualified foreigners to attract them to invest in Cyberjaya, according to Tun Dr Mahathir Mohamad.

Business

US: Investors see bright future in wind energy

DES MOINES, Iowa: When President Barack Obama stood in front of wind turbine towers in a Newton, Iowa, factory last week he was not only pushing his green energy policies but promoting an industry that has been growing rapidly and gaining favor with investors.

Business

Philanthropist Leonore Annenberg dies at 91

PHILADELPHIA (AP) - Leonore Annenberg, who as the widow of billionaire publisher Walter Annenberg continued his tradition of philanthropy and patronage of the arts, died Thursday. She was 91.

Business

Antigua's lower house backs Stanford land seizure

ST. JOHN'S, Antigua (AP) - Legislators in Antigua and Barbuda gave initial approval Thursday to a measure that would let the government seize property and assets owned by embattled Texas billionaire R. Allen Stanford.