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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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