Archive for March 21st, 2008

Judge rules Starbucks owes its baristas $100 mln

Friday, March 21st, 2008

As if losing market share to McDonald's and Dunkin' Donuts weren't enough, a Superior Court judge on Thursday ordered Starbucks to pay its California baristas more than 100 million U.S. dollars in back tips that the coffee chain paid to shi ...

Tokyo stocks close sharply higher, rise for 3rd day

Friday, March 21st, 2008

Tokyo stocks rose for a third day, closing sharply higher Friday. The 225-issue Nikkei Stock Average gained 222.13 points, or 1.81 percent, to 12,482.57. The broader Topix index of all First Section issues on the Tokyo Stock ...

Asia-Pacific tourism income in 2010 to be 4.6 trillion USD

Friday, March 21st, 2008

According to Xinhua News Agency, the Pacific Ocean Asia Travel Association, whose headquarters are located in Singapore, reported on 19th that by 2010, the annual tourism income in the Asia-Pacific region will reach 4.6 trillion US dollars. ...

Money buys happiness — when spent on others

Friday, March 21st, 2008

Money can buy you happiness when you spend it on others. That's the theory put forward by researchers who found people making gifts to others or to charities reported they were happier than those who didn't share, according to a report in F ...

Report: Murdoch bids for Tribune’s Newsday

Friday, March 21st, 2008

Three of New York's biggest moguls are in discussions to buy Newsday from the debt-laden Tribune Co, according to media reports on Thursday, citing people in the sale. The three interested bidders are Rupert Murdoch, chairman of the ...

ROK central bank: economy grows 5% in 2007

Friday, March 21st, 2008

The South Korean economy grew by 5 percent in 2007 from a year earlier thanks to strong exports and solid growth of facility investments and private spending, South Korea's central bank said Friday. "The South Korean economy maintai ...

Argentina’s debt reaches $123 bln in 2007

Friday, March 21st, 2008

Argentina's total debt reached 123.197 billion U.S. dollars in 2007, according to a report released by Argentine National Institute of Statistics and Census Thursday. The debt, accounting for 67 percent of Argentina's s gross domest ...

Dollar trades at 99 yen level in Tokyo

Friday, March 21st, 2008

The U.S. dollar stood at the lower 99 yen level Friday morning in Tokyo. At noon, the dollar traded at 99.41-46 yen, against 99.45-55 yen at 5 p.m. Thursday in New York and 99.04-07 yen late Wednesday in Tokyo. The euro was ...