Xiong Weiping, the chief executive officer of China’s largest aluminum company, Chinalco, spent the better part of the last four months doing something no other CEO of a state-owned Chinese company had ever done.
Tag Archives: company
Sony, Nintendo unveil game offerings at E3
With the big three gaming-system makers all previewing new or upgraded motion-sensing controllers this week, a new arms race is under way in the video game industry. Joysticks and push-button controllers seem to be on their way out, replaced by simpler, more intuitive devices — similar to Nintendo’s Wii — that let gamers move their arms and legs to guide their avatars’ movements onscreen
Unpublished photos of Marilyn Monroe surface
They were taken before Marilyn Monroe became branded as the voluptuous blonde who oozed sex appeal in dozens of Hollywood films. They were taken before rumors of an affair with President John F. Kennedy swirled and her mental breakdowns became public.
Rwandan to face genocide charges in Finland
Finnish prosecutors will file genocide charges against a Rwandan man in the killings of 15 people during Rwanda’s ethnic cleansing bloodbath in 1994, authorities said Monday. GM will file a bankruptcy petition at 8 am ET (12 pm GMT), paving the way for a de facto government takeover, according to a source with direct knowledge of the bankruptcy proceedings
GM poised for bankruptcy, agrees European selloff
The future of thousands of car industry jobs in Europe remained uncertain Monday as General Motors prepared to file for bankruptcy after reaching a deal to sell off its European operations, including German automaker Opel and UK-based Vauxhall. GM will file a bankruptcy petition at 8 am ET (12 pm GMT), paving the way for a de facto government takeover, according to a source with direct knowledge of the bankruptcy proceedings.
GM expected to file for bankruptcy Monday
General Motors, the nation’s largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and a de facto government takeover on Monday. A bankruptcy petition will be filed at 8 a.m., according to a source with direct knowledge of the bankruptcy proceedings. President Barack Obama will address the nation shortly before noon on Monday to explain the rationale for the filing, and his hopes that this is the best route for a turnaround, two officials close to the situation told CNN.
10 Ways Twitter Will Change American Business
Microblogging platform Twitter has 32 million users, an increase from about 2 million a year ago, according to research mentioned in the Wall Street Journal. Some Internet measurement services show that figure increasing 50% to 100% month over month.
Red Bull’s New Cola: A Kick from Cocaine?
About a year ago, the makers of Red Bull, the famous caffeine-loaded energy drink, decided to come out with a soda, unsurprisingly named Red Bull Cola. The shared name implied the same big kick.
Microsoft’s Kumo: already a step behind?
Once again, Microsoft is finding itself beaten to the punch in the search game. While it has been readying Kumo for its first public airing–probably at next week’s D: All Things Digital event–Yahoo and Google have already shown off their latest search enhancements.
7 charged in alleged prostitution ring on Craigslist
New York authorities indicted seven people accused of running a prostitution ring on the Web site Craigslist, the state’s attorney general announced Wednesday. Attorney General Andrew Cuomo’s office said the group ran a 24-hour prostitution ring called Room Service Entertainment from Craigslist’s erotic services section from June 2007 to December 2008. The 47-count indictment unsealed Wednesday named the company’s co-owners as Scott Rosenberg, 45, and Josef Davenport, 31