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Olympus Expects Net Loss, but Core Business Seen Unscathed

Olympus Corp President Shuichi Takayama bows after speaking at a news conference in Tokyo February 13, 2012. Japan's scandal-hit Olympus Corp on Monday forecast a $410 million full-year net loss due to its ailing camera business and tax asset writedo
Scandal-hit Olympus Corp on Monday forecast a $410 million full-year loss due largely to its ailing camera operations, but strength in its endoscope business suggested its core division would emerge from the debacle unscathed and its president said it might try to go it alone without seeking outside capital.

Apple Launches New Legal Attack on Samsung Phones

The company's logo is seen on the Apple store in Washington
Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google's fast growing Android software, a move which may affect other Android phone makers.
iPad 3 Rumors: ‘Leaked’ Back Panel Image Suggests Larger Battery, Better Camera and Retina Display (Report)

Apple Intensifies Global Patent Battle with Samsung

Apple Inc raised the stake in an intensifying global patent battle with Samsung Electronics by targeting the latest model using Google's fast growing Android software, a move which may affect other Android phone makers.
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iPhone or Android: What’s the Best AT&T Smartphone Deal?

Every time a new expensive smartphone debuts on AT&T, new deals pop for some devices that have been out for even just a few months. That includes Android and iPhone prices, and Samsung just debuted the Galaxy Note, a $300 5.3-inch display Android monster. New releases push prices down on older phones, even as AT&T plays up the new phones' superior features.
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Exclusive: Brazil jets deal heats up as Boeing freezes bid

Boeing has frozen the price on its bid for a multi-billion-dollar Brazilian air force jet contract, sources close to the deal told Reuters, as the global race to sell military hardware to emerging economic powers becomes more competitive.
Sony's Walkman, a portable music player, is displayed in Tokyo

CEO Hirai to Network Sony Content and Gadgets

Incoming Sony CEO Kazuo Hirai aims to re-shape the company by linking hardware and software through online networks - a model he used at the PlayStation maker's computer entertainment unit.
Ralph Lauren

Ralph Lauren sales soar, shares jump

Ralph Lauren Corp reported better-than-expected results for the holiday quarter, helped by double-digit sales growth at its own stores as well as increased sales to department stores, and the clothing maker raised its margin forecast.

Toyota Highlander Production Will Move to U.S.

Toyota Motor Corp. will add 400 jobs at its Indiana plant to produce the hybrid version of its Highlander sport-utility vehicle, shifting production of the SUV from Japan to the United States.
The White House said it will spend and extra $50 million this year, and it will seek an extra $80 million in fiscal 2013 to bolster Alzheimer's research. Obama also plans to spend an additional $26 million in programs to support people who care for A

Obama Boosts Funds for Alzheimer's Disease Research

The Obama administration plans to spend an additional $156 million over the next two years to help find an effective treatment for Alzheimer's, a fatal brain-wasting disease that affects more than 5 million Americans.
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Samsung says TV sales stronger; plans to launch low-end TVs

Samsung Electronics Co, the world's top television manufacturer, has seen TV sales firming up so far this year and plans to introduce cheaper TVs, as demand for lower-end models increase, the head of its TV business said on Wednesday.
The logo of Renesas Electronics is seen at its headquarters in Tokyo

Japan firms talk on system chip tie in reform drive: sources

Renesas Electronics and two other big Japanese chip makers are in talks to combine their struggling system chip operations in a government-backed deal, sources said, as pressure mounts for drastic reforms to confront stiff global competition.
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Iran Defaults on Rice Payments to India: Traders

Iranian buyers have defaulted on payments for about 200,000 tonnes of rice from their top supplier India, exporters and rice millers said on Tuesday, a sign of the mounting pressure on Tehran from a new wave of Western sanctions.
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Panasonic posts $2.6 billion quarterly loss

Panasonic Corp posted a quarterly net loss of 197.6 billion yen ($2.59 billion) on Tuesday and forecast a record 780 billion yen full-year net loss, hurt by weak demand for its TVs and the cost of restructuring operations.
A Facebook logo is displayed on Kodak photo kiosk during the 2012 International Consumer Electronics Show (CES) in Las Vegas

Facebook Faces Daunting Challenge in Asia

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.
Employees work in the international user operations area at the new headquarters of Facebook in Menlo Park

Analysis: Facebook's Daunting Asian Challenge

Facebook aims to connect all two billion Internet users. So far it has captured 845 million of them. Of the rest, nearly 60 percent live in Asia and hooking them is going to be a daunting challenge.

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