Business

China’s Cyberattacks Cost U.S. Companies Billions, Says FBI Chief

Jed Santos   | Oct 08, 2014 01:29 AM EDT

Many big American companies are losing billions of dollars annually to counter China's cyberattacks, said Federal Bureau of Investigation director James Comey on Sunday. read more

World Bank Reduces Growth Forecast for East Asia

Lord Marin   | Oct 08, 2014 01:27 AM EDT

The World Bank, who gives loans and advice to developing countries, reduced the growth forecast this year for developing East Asian nation economies last Monday. The nations' governments were also urged to improve conditions for the exports and investments. read more

Tesla Motors Steers Toward Self-Driving Cars

Erika Villanueva   | Oct 06, 2014 08:00 AM EDT

Aside from unveiling 'the D,' Tesla Motors founder Elon Musk reportedly plans on revealing new high-tech features including a self-driving mechanism which can help drivers keep the car in the right lane. read more

China's Youku, Busan To Finance Rookie Filmmakers

Ren Benavidez   | Oct 05, 2014 09:45 PM EDT

Youko's chief executive announced that Youku Tudou, China's largest online video site is partnering with Korea's Busan International Film Festival (BIFF), to help up and coming South Korean filmmakers. read more

JPMorgan Chase's Breach May Be A Bad Sign For Other Industries

Lord Marin   | Oct 05, 2014 04:26 AM EDT

Even America's largest bank, JPMorgan Chase, isn't safe from cyber-attacks. Just recently, a breach in the bank's secure computer system was discovered, leaving 80 million customers affected. read more

U.S. Bay Area Companies Worried Over Impact of Hong Kong Protests on Business

Rhona Arcaya   | Oct 04, 2014 03:09 PM EDT

San Francisco Bay area companies that have trade and investment links with Hong Kong are anxious to see a peaceful end to the protests. read more

Yahoo is in the Verge of Buying Snapchat

Staff Reporter   | Oct 06, 2014 10:59 AM EDT

With Yahoo's investment going pretty well with Alibaba, Wall Street Journal reported that the Yahoo is looking into purchasing a trending mobile messaging startup called Snapchat on Friday, October 3. read more

FCC Fines Marriott US$600,000 For Blocking Customers’ Wi-Fi

Ren Benavidez   | Oct 03, 2014 08:50 PM EDT

The United States Federal Communications Commission has fined Marriott US$600,000 after it found out that the company jammed its guests Wi-Fi networks in 2013, during an event in Nashville. read more

September US Jobs Report Strong But With Some Worrisome Signs

Dan Weisman   | Oct 03, 2014 07:00 PM EDT

With nearly 250,000 jobs created in September following a disappointing August jobs report, the Bureau of Labor Statistics Friday said unemployment has fallen to just less than 6 percent. Wall Street responded with rising stock prices when the job news was announced. read more

Star Wars Franchise Expansion Started, Disney Debuts Star Wars Rebels

Lord Marin   | Oct 03, 2014 07:00 PM EDT

Disney is starting to expand the Star Wars franchise. A new animated series called "Star Wars Rebels" made its debut on Disney channel, the first of many planned projects that Disney is working on to further expand the franchise. read more

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