Business Headlines

Barbie Tops Frozen in Girl's Toys for 2015

Posted: 11/27/2015 - After losing her spot to the characters from the movie Frozen last year, Barbie ices out the competition as the number one toy for girls this holiday season - according to the National Retail Federation survey.

Google Introducing Offline Maps

Updated: 11/25/2015 - Using your smart phone to look up an address or get turn by turn directions could cost you a fortune in data charges, but Google’s new app may solve that.

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Business News

  • Asian shares off to cautious start; China shares, ECB eyed

    A man looks at an electronic board showing Japan's Nikkei average and related indices at the Tokyo Stock Exchange in TokyoAsian shares were on edge on Monday after a sharp fall in Chinese markets in the previous session, while the euro hovered near seven-month low as the currency braced for the European Central Bank's monetary easing later this week. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent as South Korean stocks fell 0.9 percent. Japan's Nikkei dropped 0.3 percent.

  • U.S. online shopping rivals store trips: NRF survey

    An empty shopping cart is seen in a shopping center parking lot in Westbury, New York(Reuters) - An equal number of U.S. shoppers sought to buy items online as they did in physical stores over the Thanksgiving weekend, according to a closely watched survey by the leading retail industry lobby, highlighting the growing importance of e-commerce during the crucial holiday shopping season. In releasing its survey on Sunday, the National Retail Federation also said it was sticking by its forecast for retail sales growth of 3.7 percent in November and December, a slight deceleration from 4.1 percent growth over the holidays last year.

  • VW knew fuel usage in some cars was too high a year ago: report

    A traffic light shows red next to the Volkswagen factory in WolfsburgVolkswagen's top executives knew a year ago that some of the company's cars were markedly less fuel efficient than had been officially stated, Sunday paper Bild am Sonntag reported, without specifying its sources. VW in early November revealed that it had understated the level of carbon dioxide emissions and fuel usage in around 800,000 cars sold mainly in Europe. The scandal, which will likely cost VW billions, initially centered on software on up to 11 million diesel vehicles worldwide that VW admitted was designed to artificially suppress nitrogen oxide emissions in a test setting.

  • Baby boon: mini-vans the next big thing as China eases one-child policy

    A primary school student gets into a minivan as her mother picks her up outside her school, in BeijingAutomakers are betting that Chinese families will embrace the mini-van, hoping the larger, unsexy sibling of the bestselling SUV will become the next big thing just as Beijing relaxes the one-child policy. Mini-vans, or multi-purpose vehicles (MPVs), were front and center at the Guangzhou auto show, where Volkswagen AG presented a supersized version of its Touran and Guangzhou Automobile Group subsidiary GAC Motor showcased a prototype mini-van. Industry experts say the appetite for bigger cars is strong enough in China, where extended families often live under one roof, to potentially turn it into the largest MPV market after the United States, where automakers have sold big cars to families for years.

  • Murdoch: Tribune papers likely to be sold, LA Times split off

    File photo of Murdoch as a judge during a global start up showcase during the WSJDLive conference in Laguna BeachRupert Murdoch, co-chairman of Wall Street Journal publisher News Corp , on Friday said he had "strong word" that the Tribune Publishing Co's newspaper group will be bought by a Wall Street firm, while the Los Angeles Times will be split off and purchased by local investors including philanthropist Eli Broad. Murdoch, who is also co-chairman of 21st Century Fox , the entertainment and broadcast group, made his comments on Twitter. In September Tribune's board said the Los Angeles Times and San Diego Union-Tribune were "a cornerstone of our company's portfolio and a key component to our success in the future." Murdoch did not say on his verified Twitter account which firm would acquire the newspaper group or the timing of any deal.

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