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Sony Slashes 10,000 Jobs: What CEO Hirai Can Learn From Apple

Sony doubled its annual losses projection to $6.4 billion on Tuesday, just one day after the company announced it will cut about 10,000 jobs, or about six percent of its global workforce. CEO Kazuo Hirai needs to take a big look at his board of directors
Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.
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Merchant of Death

Viktor Bout, Alleged 'Merchant Of Death,' Faces Possible Life In Prison Today

Viktor Bout, a Russian national known as the Merchant of Death for his far reaching arms deals across the world will learn how long he will be in prison on Thursday. His defense attorneys have asked the judge to set him free while United States prosecutor said he should be locked up for the rest of his life.
Teddy Bear

New Director/New Films Series At MOMA: 'Teddy Bear' Review [VIDEO]

When watching the Danish film Teddy Bear, the acting seems so natural you may suspect that you aren't watching professionals at all. That's because director Mads Matthiesen chose to cast non-performers in his debut work. The hero of the film, Dennis (who may be likened to a great big teddy bear) is played by Kim Kold,
Rising PMI indicates increased activity in U.S. manufacturing sector according to an ISM report, Monday.

US Manufacturing, Economy Grew in March: ISM Index

U.S. manufacturing grew alongside the overall economy in March, rising 1 percent over the previous month's level, according to the March purchasing managers index (PMI) of the Institute for Supply Management.
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Honda committed to Thailand as flood-hit plant restarts

AYUTTHAYA, Thailand, March 31 - Honda Motor Co <7267.T>, Japan's third-largest car maker, officially resumed production on Saturday at its plant in Ayutthaya in Thailand, which was forced to close for almost six months after severe flooding last October.
HIV 'Superinfection' Boosts Immune Response

HIV 'Superinfection' Boosts Immune Response

Women infected with two separate human immunodeficiency virus strains have a stronger immune response than women infected with a single HIV strain, a finding that could assist in producing the elusive anti-HIV vaccine, according to a new study published in the journal PLoS Pathogens.
Aung San Suu Kyi

Myanmar: A Nation At A Crossroads

Myanmar is eager to rev up its economy with the hard currency that comes with foreign tourists, but officials question just how far to open the doors.

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