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US ‘Must Do Better’ after Credit Downgrade

US ‘Must Do Better’ after Credit Downgrade

According to recent news, White House says, after a deal on debt was signed into law last week, US “must do better” in tackling its pressing economic challenges. Spokesman Jay Carney said the talks on raising the US debt ceiling in order to avoid a default had taken too long and been too...
Samsung sues Osram with LED intellectual property

Samsung sues Osram with LED intellectual property

According to the recent news, Korean electronics firm Samsung has hit back in a patent dispute with Osram, a rival maker of light emitting diodes (LEDs). Samsung LED has filed a complaint with the US International Trade Commission against Osram and two of its subsidiaries. The spat began in June, when...
Can Tiger Airways roar back in the Aviation Market?

Can Tiger Airways roar back in the Aviation Market?

According to the latest news, the grounding of Tiger Airways by Australian regulators is threatening to push up fares for domestic travellers. Its entire fleet was pulled from service last week because of safety concerns, the first time such sweeping measures have been taken in Australia. While, the...
Spears Badly Wanted Another Child

Spears Badly Wanted Another Child

Britney Spears is again riding the wave, with her latest album, “Femme Fatale,” earning raving reviews and preparations for a new tour underway. Deep down inside, though, she’s very unhappy – because all she really wants right now is to have another baby. Britney Spears wants to have another...
PayPal sues Google over mobile wallet

PayPal sues Google over mobile wallet

According to the latest news that I heard, Google is being sued by PayPal which claims that the internet search giant stole its technology for turning smartphones into digital wallets. PayPal alleges that Google obtained trade secrets from Osama Bedier, a former PayPal executive who is now Google’s...
Shortage on Toyota’s Japanese output

Shortage on Toyota’s Japanese output

According to the recent business news, Toyota Motors has said that its Japanese production fell by 63% in March compared with the same month last year, as its production cuts continued. The company has been facing shortages in supplies of parts as production has been disrupted because of last month’s...
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