iPhone maker Foxconn International Holdings will no longer pay compensation to families of employees who kill themselves to discourage further suicides, China's Xinhua news agency said on Tuesday.
Stock index futures pointed to a higher open on Wall Street on Tuesday following the previous session's steep losses, with futures for the S&P 500 up 0.8 percent, Dow Jones futures up 0.8 percent and Nasdaq 100 futures up 1.1 percent at 0733 GMT.
iPhone maker Foxconn International Holdings said it will seek higher prices from its clients to help offset wage hikes at a plant in southern China that has been hit by a series of suicides.
Apple Inc unveiled a new iPhone on Monday that goes on sale in scores of countries this year, preparing its fastest-ever global roll-out to try and stay a step ahead of rivals like Google Inc in a red-hot smartphone market.
Stocks fell on Monday, taking the S&P 500 to its lowest close in seven months, as industrials and technology shares fell and investors stayed on their heels after last week's payrolls figure discouraged buyers.
Stocks fell on Monday, led by industrials and technology as investors stayed on their heels after last week's payrolls figure discouraged buyers.
Stocks fell on Monday, led by industrials and technology as investors stayed on their heels after last week's payrolls figure discouraged buyers.
Apple Inc introduced the newest version of its iPhone on Monday, hoping to stay a step ahead of a growing cast of rivals like Google Inc in the red-hot smartphone market.
Apple Inc is widely expected to introduce its latest iPhone on Monday, as the company hopes to expand its lead in the increasingly competitive smartphone market.
Apple Inc is widely expected to introduce its latest iPhone on Monday, as the company hopes to expand its lead in the increasingly competitive smartphone market.
Wall Street was set for a slightly higher open on Monday after a sharp decline Friday, as strong German factory data eased concerns about a wobbly European economy and the S&P looked for support at a key technical level.
Shares in Hon Hai Precision Industry tumbled on Monday on concerns about earnings after the electronics maker offered workers in southern China a second pay rise that could double wages from a month ago.
iPhone maker Foxconn has offered workers at its Shenzhen manufacturing hub in China a 66 percent performance-based pay rise as it tries to deal with the fallout from a spate suicides there.
Hackers have planted viruses in video games for smartphones running on Microsoft Corp's Windows operating system, according to a security firm specializing in mobile devices.
Apple Inc's next-generation iPhone, which CEO Steve Jobs is widely expected to unveil on Monday, will have to really set new standards in multimedia content and function to wow Wall Street and consumers.
Chunghwa Telecom, Taiwan's largest telecoms operator, is in talks to sell Apple's iPad and future versions of the iPhone on the island, its chairman said on Friday as it turns to data services to fuel growth.
eBay Inc Chief Executive John Donahoe said its application for Apple Inc's iPhone has been downloaded 10 million times, and the company expects $1.5 billion to $2 billion in transactions to be conducted using the mobile application this year.
Millions of consumers have downloaded a Skype Web telephony application that launched Sunday, allowing users of Apple Inc iPhone to use privately held Skype's service over the cellular network for the first time, a Skype mobile executive said on Wednesday.
Nearly 5 million consumers have downloaded a Skype Web telephony application that launched Sunday, allowing users of Apple Inc's iPhone to use privately held Skype's service over the cellular network for the first time, Skype said on Wednesday.
AT&T Inc will stop offering an unlimited pricing plan for new subscribers to its mobile data services, in a move it says will cut prices for as many as 98 percent of its customers.
Production line workers at Foxconn's southern China manufacturing hub will get a 30 percent pay rise, as top customer Apple Inc called recent suicides at the plant troubling but said the site was not a sweatshop.
Asian stocks followed Wall Street down on Wednesday as jitters over the euro zone's debt crisis prompted investors to keep cutting riskier positions, while the euro steadied after hitting a four-year low.