Starbucks chairman returns as CEO
IN FOCUS:
Taking over from James Donald, Howard Schultz promised to address problems such as overexpansion in the US and a lack of new blockbuster products
Hounded by a plummeting stock and intense competition, Starbucks Corp said on Monday it was bringing back its top barista to help turn the company around.
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Bear Stearns CEO to resign: 'WSJ'
Bear Stearns chief executive James Cayne is resigning under pressure from shareholders upset over the firm's losses amid a slew of problems sparked by the collapse of mortgage markets, the Wall Street Journal (WSJ) reported on Monday.
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Sharp to focus on green products
Sharp's president said yesterday the Japanese electronics maker would fight global warming by making environmentally friendly TV displays and solar energy products -- its two core businesses.
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Samsung raises flat-panel sales forecast
Samsung Electronics Co, the world's largest television maker, said sales of flat-panel TVs would increase more than 40 percent to 21 million sets this year on increased demand for bigger screens and better picture quality.
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Intel bets on rapid rise in 'ultra-mobile' computing
NEXT BIG THING:
Intel plans to begin shipping processors and chipsets that demand relatively little power and are smaller than their PC counterparts
Intel Corp is betting on a big expansion of "ultra-mobile" computing, an idea that could hinge on how many gadgets people are willing to tote around.
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Sony BMG backs down on copy-protection measures
Sony BMG will start selling music downloads free of copy-protection safeguards later this month in North America in response to market trends.
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World Business Quick Take
■ PROPERTY
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