LOS ANGELES, March 2 (Reuters) – Wynn Resorts Ltd
(WYNN.O: Quote, Profile, Research) retracted an announcement that it had advanced a major
project in Macau, saying it had been made in error after its
shares surged on the news.
Shares in the company, which were halted after that initial
run-up, resumed trade shortly after and were still up 5.8
percent at about $129 in early afternoon trading.
LOS ANGELES/HONG KONG (Reuters) – A Chinese firm trying to stop Apple Inc from using the iPad name in China has launched an attack on the consumer electronics giant’s home turf, filing a lawsuit in California that accuses it of employing deception when it bought the trademark.
A unit of Proview International Holdings Ltd, a major computer monitor maker that fell on hard times during the global financial crisis, is already suing Apple in multiple Chinese jurisdictions and requesting that sales of iPads be suspended across the country.
LOS ANGELES (Reuters) – China’s leader-in-waiting Xi Jinping Friday swiped away fears that his country’s economic growth could stumble, and turned to courting American companies and states hungry for a slice of that growth on the final day of his U.S. visit.
Vice President Xi and his U.S. counterpart Joe Biden suggested that Xi’s five-day trip, with its mixture of diplomacy and folksy public displays, could pave the way for steadier ties between the world’s two biggest economies.
LOS ANGELES, Feb 17 (Reuters) – China’s
leader-in-waiting Xi Jinping on Friday dismissed worries of a
hard landing for his country’s economy and turned to courting
American companies and states hungry for a slice of Chinese
growth on the final day of his U.S. visit.
Vice President Xi and his U.S. counterpart Joe Biden also
suggested Xi’s five-day visit could pave the way for steadier
ties between the world’s two biggest economies, with Biden
praising Xi’s eagerness to understand America.
LOS ANGELES, Feb 17 (Reuters) – Chinese Vice President
Xi Jinping said on Friday the Chinese economy would experience
stable growth and avoid a hard landing this year, dispelling a
scenario economists fear may upset the global economy.
The Chinese leader-in-waiting, turning to courting American
companies and governors hungry for a slice of his nation’s
growth, told a business forum in Los Angeles that the world’s
No. 2 economy will continue to push domestic demand while
directing investment toward the United States.
LOS ANGELES/DES MOINES, Feb 16 (Reuters) – China’s
leader-in-waiting, Xi Jinping, gathered with U.S. agricultural
officials in America’s grainbelt on Thursday and stressed their
shared interests in fostering increased food security and trade
in farm goods.
Extending his visit to the top U.S. soybean- and
corn-growing state of Iowa, Xi and Chinese Minister of
Agriculture Han Changfu met with U.S. Agriculture Secretary Tom
Vilsack in Des Moines to kick off what was billed as the
first-ever U.S.-China Agricultural Symposium.
BEVERLY HILLS, Feb 13 (Reuters) – Fisker Automotive
Inc showed off its $100,000-plus Karma luxury electric car on
Monday, hoping to create a splash less than a month after the
start-up company ratcheted down sales projections for its maiden
The company, founded by former Aston Martin designer Henrik
Fisker in 2007, needs the car, which has come up against its
share of teething problems from a recall to software glitches,
to sell well.
, Feb 9 (Reuters) – Tesla Motors Inc
on Thursday showed off a protoype of its Model X, a
battery-powered SUV that represents the company’s bet that
consumers will buy a range of electric vehicles spun from a
The Model X, which features what the company calls
“falcon-wing” doors and faster acceleration than a Porsche
911 — it goes from 0 to 60 miles per hour in 4.4
seconds — will start production late 2013 and begin delivery in
By Gerry Shih and Himank Sharma
Looks like social media users are getting twitchy about their online privacy rights.
For many BlackBerry users and smartphone industry pundits, this Youtube video was their first close-up look at new Research in Motion CEO Thorsten Heins.