The Korea Herald

Apple posts video of Jobs memorial

Oct 24, 2011

SAN FRANCISCO (AP) ― Apple is allowing the general public to get a look at a star-studded memorial service it held for employees to celebrate the life of Steve Jobs at its California headquarters last week.Apple Inc. posted a link on its website late Sunday to a video of the service, which was held on Wednesday morning in an outdoor amphitheater in the center of the company’s campus. The ceremony was intensely private. It was closed to the public and media handlers shooed reporters away from App
Global ban on exports of toxic waste advances

Oct 23, 2011

CARTAGENA, Colombia (AP) ― More than 170 countries agreed Friday to accelerate adoption of a global ban on the export of hazardous wastes, including old electronics, to developing countries.The environmental group Basel Action Network called the deal, which was brokered by Switzerland and Indonesia,
Fired Olympus CEO dismisses internal probe

Oct 23, 2011

LONDON (AP) ― The ousted chief executive of Japan’s Olympus Corp. says the company isn’t doing enough to investigate a massive $687 million payment to mysterious financial advisers as part of a takeover.The camera and medical device maker says outside lawyers and accountants will be part of what it
Google mulling role in possible bid for Yahoo

Oct 23, 2011

NEW YORK (AP) ― Google is exploring the possibility of helping to finance a possible deal by others to acquire Internet search company Yahoo, according to a report published by the Wall Street Journal on Saturday.Google Inc. has talked to at least two-private equity firms about potentially assisting
Japan to take ‘decisive action’ against yen’s rise

Oct 23, 2011

TOKYO (AFP) ― Japan’s finance minister vowed to take “decisive action” against speculative moves in currency markets after the yen hit a record high against the dollar, Kyodo news agency reported.The dollar touched 75.78 yen in New York on Friday, breaking its record low of 75.95 yen on Aug. 19 as y
Eurozone crisis efforts in disarray amid divisions

Oct 21, 2011

BRUSSELS (AP) ― Europe’s efforts to solve its escalating debt crisis plunged into disarray, after Germany and France could not bridge their differences in time for a summit Sunday, forcing them to call a second meeting.Sunday’s summit was supposed to deliver a comprehensive plan to finally get a gri
Greece: Riots as austerity steps get first approval

Oct 20, 2011

A protester throws a stone at Greek riot police, during clashes on Wednesday. (AP-Yonhap News)ATHENS (AP) ― Hundreds of youths smashed and looted stores in central Athens and clashed with riot police during a massive anti-government rally against painful new austerity measures that won initial parli
Greece: Riots as austerity steps get 1st approval

Oct 20, 2011

ATHENS, Greece (AP) _ Hundreds of youths have smashed and looted stores in central Athens and clashed with riot police during a massive anti-government rally against painful new austerity measures that won initial parliamentary approval in a vote.Wednesday's rioting came on the first day of a 48-hou
Intel’s Q3 sings but global computer market out of tune

Oct 19, 2011

SAN FRANCISCO (AP) ― Intel Corp.’s third-quarter results Tuesday offered some comfort for investors jittery about the weak state of the global computer market.Net income rose 17 percent and revenue rose 29 percent, topping Wall Street targets.Intel CEO Paul Otellini credited stronger sales of proces
Oil price to rise without Mideast investment

Oct 19, 2011

IEA chief economist: $1.5 trillion a year to keep energy flowingPARIS (AP) ― A reluctance to invest in energy infrastructure in Middle Eastern and North African countries, partially because of unrest in the region, could drive up oil prices, an economist warned Tuesday.Fatih Birol, the chief ec
VW and BMW lead European car sales gains on new models

Oct 19, 2011

A pedestrian passes a Volkswagen dealership in Berlin, Germany. (Bloomberg)Volkswagen AG and Bayerische Motoren Werke AG led gains in European car sales as new models propelled demand and the German carmakers’ home market grew. Registrations climbed 1.1 percent to 1.27 million vehicles from 1.26 mil
Occupy Wall Street

Oct 19, 2011

Members of Service Employees International Union march from the encampment at City Hall, center, Tuesday, Oct. 18, 2011, in Philadelphia. The encampment at City Hall is one of many being held across the country recently in support of the ongoing Occupy Wall Street demonstration in New York. (AP-Yonh
In rare miss, Apple 4Q earnings disappoint

Oct 19, 2011

NEW YORK (AP) — Apple, the juggernaut of consumer electronics, stumbled in its latest quarter, as the later-than-usual launch of the new iPhone held back sales.On Tuesday, Apple reported earnings and revenue that came in below analyst expectations, sending its stock down 7 percent.It was a rar
RIM tries to soothe angry customers

Oct 18, 2011

TORONTO (AP) ― The maker of the struggling BlackBerry tried to soothe tens of millions of frustrated customers Monday, offering more than $100 worth of free software to each one and giving some a month of technical support as compensation for last week’s massive outage.But some BlackBerry users and
U.S. industrial output rises on demand for cars, computers

Oct 18, 2011

Industrial production in the U.S. advanced in September on growing demand for automobiles and computers after stalling the prior month, a sign manufacturers are contributing to growth. Output at factories, mines and utilities increased 0.2 percent, in line with the median estimate in a Bloomberg New