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New York's transit authority cuts deal to end 2-ye...

2014-04-18 04:47:29| Railroads - Topix.net

New York's Metropolitan Transportation Authority struck a deal on Thursday to end a 2-year pay dispute with a more generous offer to workers than the years of pay freezes it had originally proposed, New York state Governor Andrew Cuomo said.

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Jeep exec says will have deal for China production by end April

2014-04-18 02:24:00| Automakers - Topix.net

"It will be ideal if I can get the timing right for the Beijing show, but I'm not at the stage to say that definitely," Manley said in a telephone interview from the New York Auto Show.

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Its the End of the World as We Know It . . . and He Feels Fine

2014-04-17 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: Late one night last August, on the chalk downlands of southern England, Paul Kingsnorth stood in a field beside an old-growth forest, two yurts and a composting toilet. Kingsnorth is 41, tall, slim and energetic, with sweeping brown hair and a sparse beard. He wears rimless glasses and a silver stud in his ear, and he talks with great ardor, often apologizing for having said too much or for having said it too strongly. On this occasion, Kingsnorth was silent. It was the final night of Uncivilization,...

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Weibo prices IPO at low end of range - report

2014-04-17 08:57:00| Telecompaper Headlines

(Telecompaper) Chinese microblogging service Weibo raised USD 285.6 million in its US initial public offering, after pricing the shares at the low end of the indicated range, people with knowledge of the matter told Bloomberg. Weibo sold 16.8 million American depositary shares for USD 17 each. The shares had been offered for USD 17-19 apiece. The company's shares will be listed on the Nasdaq market. Weibo plans to use most of the proceeds from the IPO to repay loans to its parent company Sina.

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Samsung to launch first Tizen phone at end of Q2

2014-04-16 15:10:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics' new flagship smartphone, the Galaxy S5, is selling faster than its predecessor the S4, according to Yoon Han-kil, senior vice president of Samsung's product strategy team. Samsung launched the phone in double the number of countries on 11 April, while also offering significant discounts and free gifts with the device. In an interview with Reuters, Yoon said the S5 "is selling faster than the S4 so far, though it's difficult to share specific numbers as we're still at early stages". He added that the company expects S5 sales to be "much better than the S4". Though Samsung did not offer any sales target for the S5, the company sold more than 10 million S4s in the first month of the phone's launch. Yoon said the S5 should do significantly better than this. Yoon also said Samsung was working to introduce at least two smartphones running on its own Tizen operating system. The first, a high-end model, should be available by the end of Q2, while the second would mainly target the mid-market. Yoon said that although Android "still needs to be our main business", Tizen or Windows would be used for markets that Android could not address. 

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