Articles by Joseph Boris
Kazuo Hirai

Sony To Cut 10,000 Jobs As Part Of New CEO's Overhaul

About half the cuts will come from two moves the Japanese electronics and entertainment giant already announced -- the sale of its chemical-products business and the spinoff of midsize liquid-crystal-display operations to a venture with rivals Toshiba Corp. and Hitachi Ltd.

US Stock Futures Signal Early Gains; ISM, Construction Data Eyed

Friday, the Dow gained 66.22 points, or 0.50 percent, to 13,212.04 at the close. The S&P 500 Index gained 5.19 points, or 0.37 percent, to 1,408.47, while the Nasdaq Composite dipped 3.79 points, or 0.12 percent, to 3,091.57. The uptick capped U.S. stocks' strongest quarter in more than two years.
Greenhouse Gases

US To Impose 1st Carbon Limits On Power Plants

The long-awaited rules -- subject to congressional approval -- would sharply limit the harmful emissions allowed from such plants built in the future while allowing existing coal plants to keep operating for years.
Mitt Romney addresses media next to Puerto Rico Gov. Luis Fortuño upon arrival at Isla Grande airport in San Juan March 16, 2012.

Romney's Puerto Rico Win Adds To Pressure On Santorum

The front-runner has so far amassed more delegates than his Republican rivals combined and is poised to win more Tuesday in Illinois, even if he loses the popular vote, Romney's campaign says. It's stepping up calls for Santorum to concede defeat and quit.
Sign shows address of Goldman Sachs headquarters building in New York

Goldman Sachs CEO Fires Back At Disgruntled Banker

In a resignation letter published in the New York Times, Greg Smith said he was disgusted at how the Wall Street firm valued making money from clients over trying to help them. But Goldman and its chief executive said the ex-executive's criticisms weren't reflective of the firm.



Blackstone To Buy LaSalle Hotel For $3.7 Billion

Private equity firm Blackstone Group LP said on Monday it would buy U.S. hotel owner LaSalle Hotel Properties for $3.7 billion, topping a rival bid from Pebblebrook Hotel Trust in April for $3.5 billion.
U.S. embassy in China

US Issues Health Alert In China

The employee, assigned to the American consulate in Guangzhou, China, was sent to U.S. last Friday where he was diagnosed with mild traumatic brain injury.

World Turtle Day Is Celebrated On May 23

According to International Union for Conservation of Nature, 129 of around 300 species of turtles and tortoises are either vulnerable, endangered, or critically endangered in the present day.