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The Galveston County Daily News : Business

April 25, 2014

Business

Top Story

Sina suspends book site after pornography reported

BEIJING (AP) — Sina.com says it has temporarily closed its literature site after the Chinese web giant was alleged to be hosting pornography.

  • icon Posted: April 25

Latest Headlines

Friday 04/25/2014
Egypt tries to save money on wheat subsidies
Posted: April 25, 2014

CAIRO (AP) — Egypt will try to save half the money it spends on wheat subsidies by issuing a new smart card system to ensure that the cheap bread goes to only the neediest.

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Honda's profit doubles on weak yen, strong sales
Posted: April 25, 2014

TOKYO (AP) — Honda's profit for the fiscal fourth quarter zoomed to more than double the previous year's as the benefits of a weak yen added to strong sales.

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S&P cuts Russia's credit rating
Updated: April 25, 2014 - 3:01 am

MOSCOW (AP) — The Standard & Poor's credit agency has cut Russia's credit rating from BBB to BBB-, citing the capital flight and risk to investment in the wake of the Ukraine crisis.

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Iran cuts portion of gasoline subsidies
Updated: April 25, 2014 - 3:01 am

TEHRAN, Iran (AP) — Iran has cut a portion of its gasoline subsidies, nearly doubling some prices at the pump as part of a second round of cuts delayed since 2012.

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Thursday 04/24/2014
Protesters occupy remote oilfield in Peru
Updated: April 25, 2014 - 2:01 am

LIMA, Peru (AP) — Indigenous protesters have occupied Peru's biggest oilfield in the Amazon jungle near Ecuador to demand the cleanup of decades of contamination from spilled crude.

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Study: US manufacturers gaining competitiveness
Updated: April 25, 2014 - 2:01 am

WASHINGTON (AP) — U.S. manufacturers have grown more competitive over the past decade compared with factories in China, Brazil and most of the world's other major economies.

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Business Highlights
Updated: April 24, 2014 - 8:05 pm

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Tesla's Musk paid $70,000 in 2013
Updated: April 24, 2014 - 7:07 pm

DETROIT (AP) — Tesla Motors CEO Elon Musk was paid just under $70,000 in 2013. But he could be eligible for much, much more.

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