The notion that the US is the world's largest car market is gone, perhaps forever. China's light vehicle sales rose 48% in June to 872,900. The world's most populous country ... Read Full Story »
George Soros, at 78, has been one of the world’s premier money managers for years. He is no longer at the head of the hedge fund performance table. Money managers ... Read Full Story »
Economists with fringe views of the tax system argue that all taxes are regressive. Tax a business and it will not hire more workers or distribute profits back to its ... Read Full Story »
Reuters: The promise of mobile TV is being destroyed by smartphone use of software applications. Reuters: More attacks on websites in the West are expected and North Korea is suspected. ... Read Full Story »
Markets in Asia were mixed. The Nikkei was down 1.3% to 9,291. The Hang Seng was off a fraction to 17,719. HSBC (HBC) fell. The Shanghai Composite was up 1.3% ... Read Full Story »