A Chinese network recently broadcast an investigative report that included Apple as one of the companies operating in China that delivered poor treatment to their customers. Apple was criticized in the report for only offering a one-year warranty on iPhones, which is less than the two years China law requires, and for making customers pay for faulty back cover repairs. Timothy D. Cook, chief executive... 

German lawmakers passed legislation that will limit search engines and online aggregators to only using a small amount of text from links and brief summaries without having to pay the publishers for the content.  Publishers are asking companies like Google to share the profits it receives from advertisements placed beside the news it links to. The Free Democratic Party changed the bill at the last... 

Activists delivered the results of an online petition to the doorstep of retail giant Amazon in Bad Hersfeld, Germany. The petition demands the retailer negotiate a union wage contract with the nonunion work force in Germany. The union, ver.di, executed the delivery by masquerading as the company’s chief executive, Jeff Bezos, while television crews watched. The protest was triggered by a documentary... 

Michel Combes, former Vodafone and France Telecom executive, will lead Alcatel-Lucent through its announced major downsizing. In addition to Mr. Combes, Alcatel-Lucent appointed Jean C. Monty, who was the former president and chief executive for Nortel Networks and vice chairman of the board for Bell Canada. Philippe Camus, the Alcatel-Lucent chairman, stated that Mr. Monty would be working closely... 

The love affair between the cricket stars and cars is a never-ending one. During the height of their careers, many of these professional athletes like to invest on some of the most expensive and luxury vehicles. Some of them love to collect and display them proudly, but many of them simply enjoy the sense of speed and power on the road. Here we profile 3 Aussie cricketers and their ever-changing love... 

Citigroup announced that it will slash 11,000 jobs worldwide and take a $1 billion charge in the fourth quarter.  Many of the cuts at Citigroup are coming from its global consumer banking business.  Citi announced that it will eliminate 6,200 positions and close 84 branches in its worldwide global consumer banking business, including in Brazil, South Korea, and Hungary with 44 closings occurring... 

An informal inquiry has begun into allegations that Wal-Mart Stores violated rules in India restricting foreign investment in the retailing industry.  The investment occurred a time when India restricted foreign investments in retailing.  In India, small, family-owned stores dominate a $500 billion retail sales market. Indian regulators are investigating a nearly $100 million investment in an Indian... 

Barclays reported that net profit dropped 76% to $752 million during the first six months of the year.  During this time period, the bank has taken an accounting charge on its debt and a charge for selling complex financial products to small businesses inappropriately.  Barclays’ chairman Marcus Agius said in a statement, “We are sorry for the issues that have emerged over recent weeks and recognize... 

Cinnabon is the first U.S. franchise to enter Libya.  The company opened a bakery-cafe in downtown Tripoli on July 2.  The company is also looking to build franchises in Algeria, Tunisia and Morocco, said Mike Shattuck, president of Focus Brands International, parent company of Cinnabon. The new 7,500-square-foot Cinnabon store is located on a busy street in Tripoli’s business district.  ... 

7-Eleven has become a trendy hangout in Indonesia, with live bands, Wi-Fi and a growing clientele chatting at tables laden with beer, iced coffee, and nachos.  Each location has the familiar green-and-orange 7-Eleven sign hanging overhead.  The company’s expansion into Indonesia was its first foray into a new country in sixteen years. Indonesian young people gathered at street-side food stalls...