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Friday, May 09, 2008 09:18:56 AM

BUSINESS

Slovakia Will Get the Euro in 2009

The European Commission has given Slovakia the green light to join the euro zone on January 1, 2009.


What's Next for Yahoo?

Jerry Yang, one of the founders of Yahoo, rejected an offer by Microsoft to buy his company for $37 a share.


The Social Network for Business People

Social networking has been the biggest trend on the Internet over the past couple of years.


Pizza.com

Chris Clark bought the Internet domain name pizza.com for $20 in 1994.


Maserati and Ferrari Sales Are Up

Higher gasoline prices and a weaker economy are forcing Americans to drive less and buy fewer cars.


Apartment Prices Are Rising in Manhattan

While housing prices are declining in the rest of the United States, they are growing in the center of New York City.


Worries About the US Economy

There have been growing concerns about the American economy in recent days.


Buffett Is the Richest

Warren Buffett has surpassed his friend Bill Gates as the world's richest person.


Making Calls on the Internet

Thanks to companies like Skype, Toktumi and Voipfone, millions of people are saving money on telephone calls.


The Energetic Entrepreneur

There is rarely a quiet or a dull moment in Sir Richard Branson's life.


The Future of Yahoo

Will Yahoo remain independent or will another company buy it? That is the big business question this week.


French Trader Is a Cyberspace Celebrity

French trader Jerome Kerviel has become an Internet star.


A French Bank Lost $7.1 Billion from Illegal Trades

There was more bad news from the banking industry today.


Panic in the Markets

Investors have had a very anxious start to their week.


The Price of Gold Is Moving Higher

Gold may be worth more than $1,000 an ounce by the end of the year.


Stock Prices Fell in Hong Kong

Wednesday was a terrible day for investors in Hong Kong.


The World's Cheapest Car

India's Tata Motors is planning to sell a car for just $2,500.


Amazon Has Bought a Rare Rowling Book

The mystery of who bought JK Rowling's "The Tales of Beedle the Bard" is over.


Nike's Founder Goes Back to School

Phil Knight, one of the founders of Nike, has been attending classes at Stanford University.


Black Friday

The Friday after the American holiday of Thanksgiving is the largest shopping day of the year in the United States.


No Newspapers in 10 Years

A leading American journalist has said there will be no newspapers a decade from now.


Amazon Introduces an E-Book Reader

Amazon.com is releasing a new device which enables a person to read a book electronically.


European Airlines Publish Inaccurate Prices

A new study has found that several European airlines provide incorrect information about prices on their websites.


The Trabant Is Back

The Trabant, a car which was produced in East Germany, turned 50 years old this week.


A Supermodel Wants Euros

Gisele Bundchen no longer wants to be paid in American dollars.


PetroChina Is the World's Largest Company

PetroChina has become the first company to be worth more than $1 trillion.


Nova Has Shut Its Doors

Nova, Japan's largest chain of language schools, has closed.


The European Blue Card

The European Commission has introduced a new plan to bring skilled foreign workers into EU countries.


The A380 Has Taken Off

The Airbus A380 completed its first flight from Singapore to Sydney, Australia on Thursday.


Hold-Ups in Italy

Italy is the European leader in bank robberies.


There Are 106 Billionaires in China

The past 12 months have been very good for some of the wealthiest people in China.


The Rich Get Richer

The gap between the rich and the poor in the United States has grown in the past year.


A New Bank for South America

Seven South American countries are planning to create a new development bank.


US Companies Are Less Expensive

A weak American dollar has made United States companies more affordable to foreigners.


Hybrid Cars Are Dangerous for Blind People

While hybrid cars are better for the environment than regular cars, they pose a danger to blind people.


Euro Gamers Get Ready for Halo 3

European fans of video games waited several hours to buy Halo 3.


A Teenage Millionaire Works from Home

Ashley Qualls is only 17, but she has earned more money than her parents.


Bush Is the Worst, An American Businessman Says

Donald Trump, one of America's most famous businessmen, did not have any nice things to say about George W. Bush yesterday.


The Billionaire Who Gives

Chuck Feeney has made billions of dollars in his life.


Canadians Are Going South to Shop

Canadians can travel to the United States with more money in their pockets.


The Iraq War Is About Oil, Greenspan Writes

The former head of the central bank in the United States has criticized President George W. Bush in his new book.


China's Tallest Building

China's tallest building, which will be located in Shanghai, is almost ready.


A Small Car

Toyota revealed the world's smallest four-seat car this week at the Frankfurt Motor Show.


Italy's Pasta Strike

Italy is known for its delicious pasta. However, Italians are being urged not to buy their famous food on Thursday.


Less Time from Paris to London

The trip by train between Paris and London just became faster.


Fires Destroy Olive Trees

The production of olive oil in Greece will decrease this year because of recent forest fires.


Is It the World's Largest Diamond?

A man claimed this week that a company in South Africa has found a massive diamond.


The Vatican Announces Its New Airline

The Vatican has introduced a new airline that will take passengers to Catholic holy places.


Problems in the American Housing Market

For the past several years the purchase of a house in the United States was a good investment.


Air-Conditioned Shirts

A Japanese company has created an innovative type of clothing for hot summer days.


Tourists Leave the Caribbean as a Hurricane Approaches

Tourism is the largest industry in the Caribbean.


Lego Is 75

On August 10, 1932, a Danish carpenter started a company that is familiar to children all over the world.


Water off a Duck's Back

Carlos Slim does not care if he is the richest person in the world or not.


Legal Action Against McDonald's in China

A lawyer is suing the world's largest fast-food restaurant chain for using mostly English, and not Chinese, on its receipts.


A Business Is Criticized Online

The boss of an American company sent over a thousand messages to Internet sites in which he criticized another company.


Murdoch Is Frustrated

Two weeks ago, we reported the possible sale of The Wall Street Journal to Rupert Murdoch.


The Dollar Is Getting Weaker

The euro reached a new high against American dollar today.


Hearst's $165 Million Home Is On Sale

William Randolph Hearst made millions of dollars as a newspaper publisher in the early part of the 20th century.


The Nikkei Climbed 121 Points On Monday

Stocks in Tokyo have closed at their highest point since May 2, 2000.


Boeing Will Unveil the 787 on Sunday

Boeing, the large American aviation company, will introduce its 787 Dreamliner airplane on July 8.


Problems with Xbox

Microsoft expects it will pay over $1 billion in repairing the Xbox 360.


Carlos Slim Is The Wealthiest Person

For the first time in 13 years Bill Gates is not the world's richest person.


The Wall Street Journal May Have A Buyer

The Wall Street Journal may have a new owner soon.


A Mystery Man Has Bought An A380

An unknown person has purchased an Airbus A380.


Jerry Yang Is The New CEO At Yahoo

Jerry Yang is taking over as the boss at Yahoo.


Icelandic Vodka

Iceland has made a drink we normally associate with countries in eastern Europe.


Space Tours for the Rich

A European company has created a model of a jet that will take people into space.


Toyota Is The World's Top Carmaker

Toyota sold more cars than any other company in 2006.


The Original Spam

Nowadays we think of spam as the annoying email we receive on our computers.


London Cabs in China

People who live in London might see something familiar if they travel to China.


Don't Sell Coke's Secrets To Pepsi

A judge has sent a woman to prison for eight years because she tried to sell Coca-Cola's secret recipes to Pepsi.


New York Taxis Will 'Go Green'

New York City will start using taxicabs that are better for the environment.


Gas Prices Are Rising; Americans Are Still Driving

The price of gasoline in the United States has increased to almost $4 a gallon.


New Professors Are 19 and 21

Two Russian sisters will teach at an American university after receiving their diplomas at ages 19 and 21.


Canada Has Introduced A 100-Kilogram Coin

Don't expect to see anyone carrying the newest Canadian coin in his or her pockets.


British Airways Edits Casino Royale

There is a part of the latest James Bond film you will not see if you fly on British Airways.


Russia Is Planning To Build The World's Longest Tunnel

Russia would like to build a tunnel to connect Siberia and Alaska.


Disney Will Sell Wedding Dresses

The Disney Corporation is offering brides the chance to have a fairy-tale wedding.


Many Would Like The President Of The World Bank To Resign

When Paul Wolfowitz became the head of the World Bank in 2005 he promised to stop corruption.


Google Has Apologized To A Chinese Company

Google has told Sohu.com, a Chinese technology firm, that it is sorry for using its dictionary without permission.


A Snake Got Loose At Google

Workers at Google's offices in New York City were involved in a different type of search this week.


Airfares May Become Cheaper

Passengers flying across the Atlantic may soon be able to purchase their tickets for a lot less money.


A Japanese Millionaire Lends Mansions To The Homeless

Some homeless people in Honolulu, Hawaii are now living in a mansion, thanks to a wealthy Japanese businessman.


The Airbus A380 Has Flown To America

A new superjumbo airplane left Europe this morning on its way to the United States.


The Billionaires List Is Growing

The number of very rich people is increasing. There are now 946 billionaires in the world.


A Chinese Company May Buy Chrysler

Chery, a Chinese automaker, may be interested in buying Chrysler Motors, an American car company.


Stock Markets Decline

Tuesday was not a good day to be an investor. Stock prices around the world fell.


Starbucks Is Coming To India

You would have to try very hard not to find a Starbucks coffee shop in the United States. They have 5,700 coffee shops there.


No Milk From Cloned Cows

The largest dairy company in the United States said yesterday that it would not sell milk from cloned cows.


Tycoon Offers Large Reward To Stop Global Warming

Businessman Richard Branson has offered $25 million to any scientist who can find a solution to stopping global warming.


How Much Longer Will There Be Newspapers?

The owner of The New York Times is not sure how much longer there will be a paper edition of his newspaper.


Monks Sell Bread and Cakes Online

The monks at the Abbey of the Genesee in the American state of New York do not watch television or listen to the radio. However, they engage in one activity that is very modern: they sell things over the Internet.


The Foreign Newspaper Reporter Is A Thing Of The Past

The number of reporters who work for American newspapers in foreign countries is continuing to fall.


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