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	<title>The Latest News &#124;  sandiegonewsnet.org &#187; vhon</title>
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	<description>San Diego Busines &#38; World News</description>
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		<title>Google’s Chromebook to be offered next month</title>
		<link>http://www.sandiegonewsnet.org/googles-chromebook-to-be-offered-next-month-20113373.html</link>
		<comments>http://www.sandiegonewsnet.org/googles-chromebook-to-be-offered-next-month-20113373.html#comments</comments>
		<pubDate>Thu, 12 May 2011 03:13:17 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Chromebook]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3373</guid>
		<description><![CDATA[Google’s latest line of laptops called Chromebook, made by Acer and Samsung Electronics, will be offered in June, furthering the effort of the company into computer hardware. The latest line of laptops, which will run the Chrome operating system of Google, will be available online in June 15 in the United Kingdom, the United States, [...]]]></description>
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<p><strong>Google</strong>’s latest line of laptops called<strong> Chromebook</strong>, made by <strong>Acer</strong> and <strong>Samsung Electronics</strong>, will be offered in June, furthering the effort of the company into computer hardware.</p>
<p>The latest line of laptops, which will run the <strong>Chrome </strong>operating system of <strong>Google</strong>, will be available online in June 15 in the <strong>United Kingdom</strong>, the<strong> United States</strong>, <strong>Spain</strong>,<strong> Italy</strong>,<strong> Netherlands</strong>,<strong> Germany</strong> and <strong>France</strong>. <strong>Google</strong> posted today in its blog that the laptops will also be available to several countries in the following more months.</p>
<p>In addition, consumers in the <strong>United States</strong> can also order the said gadgets from <strong>Best Buy</strong> and <em>Amazon.com</em>. The company developed<strong> Chrome</strong> to be a more Internet focus and faster operating system, an offer to employ its Web-search leadership to dare <strong>Apple’s Mac</strong> software and <strong>Microsoft’s Windows</strong>. <strong>Google</strong>, which initially announced the Chrome operating system in 2009, proffered a trial version of laptops with the software in December.</p>
<p><strong>Sundar Pichai, Google</strong>’s senior vice president, said during a presentation at the developer conference of <strong>Google </strong>in <strong>San Francisco </strong>today that they think users are actually ready for this gadget. The <strong>Chromebooks</strong>, which will start at $349, will rely significantly on applications delivered over the net. They will also be available for businesses at a price of $28 every user and every month, including support and software.</p>
<p>For students and schools, the laptops will be available for $20 every user and every month. The gadgets rely on the Atom chip from Intel. On the other hand, the company declined $7.21 to $535.45 on the <strong>Nasdaq Stock Market</strong> at 4:00 p.m. on <strong>New York time</strong>. <strong>Shares of Google</strong>, which is based in <strong>Mountain View</strong>, <strong>California</strong>, have dropped 9.9 percent this 2011.</p>
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		<title>CME Group increases margins for crude oil in US by 25%</title>
		<link>http://www.sandiegonewsnet.org/cme-group-increases-margins-for-crude-oil-in-us-by-25-20113338.html</link>
		<comments>http://www.sandiegonewsnet.org/cme-group-increases-margins-for-crude-oil-in-us-by-25-20113338.html#comments</comments>
		<pubDate>Tue, 10 May 2011 03:34:55 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[CME Group]]></category>
		<category><![CDATA[Crude oil]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3338</guid>
		<description><![CDATA[The CME Group increased its margins for crude oil futures in the United States by 25 percent as of the close trading on May 10 to reduce oil costs following a $5 per barrel on Monday. The move comes after a raged and unstable week of oil business that saw crude costs in the U.S. [...]]]></description>
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<p>The <strong>CME Group</strong> increased its margins for <strong>crude oil</strong> futures in the <strong>United States</strong> by 25 percent as of the close trading on May 10 to reduce <strong>oil costs</strong> following a $5 per barrel on Monday.</p>
<p>The move comes after a raged and unstable week of oil business that saw <strong>crude costs </strong>in the<strong> U.S. </strong>decline from more than $114 per barrel, the highest level since 2008, to $94 per barrel. That reduction was part of a broader necessities sell-off last week, urged in part by sharp increases in margins by 84 percent in silver over the last two weeks.</p>
<p>The <strong>crude prices</strong> in the <strong>country</strong>, which recovered from the disturbance last week to pay off $5.37 at $102.55 per barrel on Monday, traded down following news of the increase in margin, off $1 per barrel at one part in late activity in New York. Moreover, <strong>CME</strong>, parent of the <strong>Chicago Board of Trade</strong>, posted on its website that it had climbed margins on the<strong> New York Mercantile Exchange</strong> for <strong>crude oil</strong> futures by $1,250 per contract.</p>
<p>With open interest in the contract peaking 1.65 million lots last week, that will sum to a more than $2 billion jump in total. <strong>Margins</strong> are deposits paid by the investors in future markets, where complete payment is made in the maturity of the contracts, to a trade or clearing house to cover the danger of default by that investor and usually are based on the biggest most-possible everyday move in the market.</p>
<p>Still, <strong>margins</strong> can also be employed as equipment to curb tentative business activity, specifically hot money, by declining the amount of positions that a party can hold by leveraging a specific amount of money.<strong> CME </strong>also raised financial futures margins of <strong>Brent</strong> by 23.8 percent, while the gasoline margins of <strong>RBOB</strong> were climbed by 21.7 percent.</p>
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		<title>Manny Pacquiao wins against Shane Mosley</title>
		<link>http://www.sandiegonewsnet.org/manny-pacquiao-wins-against-shane-mosley-20113311.html</link>
		<comments>http://www.sandiegonewsnet.org/manny-pacquiao-wins-against-shane-mosley-20113311.html#comments</comments>
		<pubDate>Mon, 09 May 2011 00:59:54 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Sports]]></category>
		<category><![CDATA[Manny Pacquiao]]></category>
		<category><![CDATA[Shane Mosley]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3311</guid>
		<description><![CDATA[Manny Pacquiao won against Shane Mosley by unanimous decision and kept his WBO Welterweight Title. Pacquiao, which is known for being the Pound-for-Pound King, conquered Mosley with a score of 119-108, 120-108 and 120-107. In addition, Pacquiao won his 14th straight fight and keeps one of the ten titles he earned. On the other hand, [...]]]></description>
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<p><strong>Manny Pacquiao</strong> won against <strong>Shane Mosley</strong> by unanimous decision and kept his <strong>WBO Welterweight Title</strong>.</p>
<p><strong>Pacquiao</strong>, which is known for being the <strong>Pound-for-Pound King</strong>, conquered<strong> Mosley</strong> with a score of 119-108, 120-108 and 120-107. In addition, <strong>Pacquiao</strong> won his 14th straight fight and keeps one of the ten titles he earned.</p>
<p>On the other hand,<strong> Mosley</strong> is a three-time world champion but lost many of his last six matches. However, <strong>Mosley</strong>, which is 39-year-old American, was an obvious a second best fighter in their bout, in part from having won only two of <strong>Mosley</strong>’s five matches.</p>
<p>Moreover, he also bears difficult defeats to <strong>Miguel Cotto</strong> and<strong> Floyd Mayweather</strong> and a draw with <strong>Sergio Mora</strong>. The main reason why <strong>Pacquiao</strong>, 32-year-old Filipino boxer, was the weighty favorite was because of his own supremacy of late.</p>
<p><strong>Pacquiao</strong> was the preliminary fighter ever to get ten world titles in eight weight divisions, from flyweight to super welterweight. The <em>Ring Magazine</em>, among other publications, position <strong>Pacquiao</strong> as the best<strong> Pound-for-Pound Boxer in the world</strong>.</p>
<p>Entering the fight on Saturday night, he had won 14 straight fights and recorded a professional record of 52 wins, two draws and three losses, with 38 of those wins come by a knockout. <strong>Pacquiao</strong>’s excellent record, clear international appeal and skill, particularly in<strong> Southeast Asia</strong>, have helped him one of the most known and admired fighter in the world.</p>
<p>Still, the Filipino boxer from <strong>General Santos City</strong>, <strong>Philippines</strong>, has proven that he not only a simple fighter, but he is also a Congressman as he was elected last year in the <strong>Philippines</strong>. He also dabbed in the politics in the <strong>United States</strong>, with<strong> Harry Reid</strong>, the Senate Majority Leader, crediting the appearance of the Filipino boxer at a last-minute rally last year.</p>
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		<title>Nissan Motor to design, provide cab for NYC in 2013</title>
		<link>http://www.sandiegonewsnet.org/nissan-motor-to-design-provide-cab-for-nyc-in-2013-20113244.html</link>
		<comments>http://www.sandiegonewsnet.org/nissan-motor-to-design-provide-cab-for-nyc-in-2013-20113244.html#comments</comments>
		<pubDate>Wed, 04 May 2011 06:41:54 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Technology]]></category>
		<category><![CDATA[Nissan Motor]]></category>
		<category><![CDATA[NYC]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3244</guid>
		<description><![CDATA[Nissan Motor was selected to design and provide a cab for New York City and Limousine Commission, the biggest cab fleet in the United States, beginning in late 2013. The Nissan taxi, a customized version of NV200 compact vehicle of the company already available in China, Europe and Japan, will be manufactured at the factory [...]]]></description>
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<p><strong>Nissan Motor</strong> was selected to design and provide a cab for <strong>New York City</strong> and L<strong>imousine Commission</strong>, the <strong>biggest cab fleet</strong> in the <strong>United States</strong>, beginning in late 2013.</p>
<p>The <strong>Nissan taxi</strong>, a customized version of <strong>NV200</strong> compact vehicle of the company already available in<strong> China</strong>, <strong>Europe</strong> and <strong>Japan</strong>, will be manufactured at the factory of <strong>Nissan</strong> in <strong>Cuernavaca</strong>, <strong>Mexico</strong>. The contract deal between two companies was worth $1 billion over one decade.</p>
<p>In addition, the base model, with a sticker cost of $29,000 beat out the finalists from <strong>Karsan</strong> of <strong>Turkey</strong> and<strong> Ford Motor</strong>. However, the latter stated on Tuesday that it will continue to operate with the city to put more taxis from <strong>Ford </strong>on the streets right away.</p>
<p>On the other hand,<strong> Nissan</strong> will also work with <strong>New York City</strong> on a direct program to analyze electric and zero emission automobiles as taxis. <strong>Carlos Tavares</strong>, the top executive of <strong>Nissan</strong> in<strong> North America</strong>, stated that the carmaker is proud to give the next generation of taxis in <strong>New York City</strong>. <strong>Michael Bloomberg</strong>, mayor of <strong>New York City</strong>, said in news meeting with <strong>Tavares</strong> on Tuesday in <strong>City Hall</strong> that it is going to be the most convenient and safest cab that the city will ever had.</p>
<p>Still, not everyone was happy with the selection. <strong>Bill De Blasio</strong>, public advocate of the city censured the mayor for giving the deal to <strong>Nissan</strong> that is based abroad without looking for any assurances for investment on their local and nationwide economies. The 13,200 vehicles cab fleet of <strong>New York ships</strong> 600,000 commuters every day. From 2013,<strong> Nissan</strong> will be the official provider of cabs in the city. The average of cab in<strong> New York City </strong>travels 70,000 miles per annum.</p>
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		<title>Senior officials identify Osama’s body using DNA of family members</title>
		<link>http://www.sandiegonewsnet.org/senior-officials-identify-osamas-body-using-dna-of-family-members-20113214.html</link>
		<comments>http://www.sandiegonewsnet.org/senior-officials-identify-osamas-body-using-dna-of-family-members-20113214.html#comments</comments>
		<pubDate>Tue, 03 May 2011 06:44:58 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[Osama]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3214</guid>
		<description><![CDATA[According to senior officials, they distinguished the verified the body of Osama bin Laden using the family members’ DNA of the most terrible leader of al-Qaeda. Officials compared the DNA of the person they killed at the compound of Abbottabad with the DNA of bin Laden’s family to find out that the mastermind on the [...]]]></description>
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<p>According to senior officials, they distinguished the verified the body of<strong> Osama bin Laden</strong> using the family members’ <strong>DNA</strong> of the most terrible leader of <strong>al-Qaeda</strong>.</p>
<p>Officials compared the <strong>DNA</strong> of the person they killed at the compound of<strong> Abbottabad</strong> with the <strong>DNA </strong>of <strong>bin Laden</strong>’s family to find out that the mastermind on the 9/11 terrorist attack had been really killed. However, it was not clear how many samples of different family members were compared or whose <strong>DNA</strong> was used.</p>
<p>In addition, during the press meeting on Monday afternoon, <strong>John Brennan</strong>, the adviser of <strong>President Barack Obama</strong> on homeland security and counterterrorism stated that they had preliminary <strong>DNA </strong>brains ahead of the attack. The officials added that among the five people killed in the compound, one of them was the adult son of<strong> Osama</strong>.</p>
<p>Moreover, to distinguish more if the body was <strong>bin Laden</strong>, a visual ID was created. There were comparisons of photo and other facial identification used to recognize him. The second official added with regard to the<strong> DNA test</strong>, there was complete biometric study of body and facial features.</p>
<p><strong>Dr. Victor Weedn</strong>, a forensic pathologist who assisted establish the <strong>DNA identification program</strong> of the military, claimed that it is possible that the military will have samples of high-status terrorists like <strong>Osama</strong>. The doctor also said that the government of the <strong>United States</strong> will have an interest in seeking for samples of <strong>DNA </strong>anywhere they may search for it, whether from the members of the family or even places he may have been, and keep those samples.</p>
<p>Basically, scientists take<strong> DNA</strong> from the body of a person, and compare it to another source, such as gathered from the person at a previous period, or the <strong>DNA</strong> of a close member of <strong>Osama</strong>’s family.</p>
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		<title>Ayman Zawahiri to be Osama’s successor for al-Qaeda</title>
		<link>http://www.sandiegonewsnet.org/ayman-zawahiri-to-be-osamas-successor-for-al-qaeda-20113199.html</link>
		<comments>http://www.sandiegonewsnet.org/ayman-zawahiri-to-be-osamas-successor-for-al-qaeda-20113199.html#comments</comments>
		<pubDate>Mon, 02 May 2011 09:26:54 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Breaking News]]></category>
		<category><![CDATA[al-Qaeda]]></category>
		<category><![CDATA[Ayman Zawahri]]></category>
		<category><![CDATA[Osama bin Laden]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3199</guid>
		<description><![CDATA[After Osama bin Laden’s death, Ayman al-Zawahiri, an Egyptian-born surgeon and doctor, is expected to be Osama’s successor for al-Qaeda. Zawahiri has been the brain behind the al-Qaeda network and most of the times, his public face frequently reproving the United States and its supporters in video messages. In the newest monitored by the SITE [...]]]></description>
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<p>After <strong>Osama bin Laden</strong>’s death, <strong>Ayman al-Zawahiri</strong>, an <strong>Egyptian-born</strong> surgeon and doctor, is expected to be <strong>Osama</strong>’s successor for <strong>al-Qaeda</strong>.</p>
<p><strong>Zawahiri</strong> has been the brain behind the<strong> al-Qaeda network</strong> and most of the times, his public face frequently reproving the <strong>United States </strong>and its supporters in video messages. In the newest monitored by the <strong>SITE Intelligence Group </strong>in April,<strong> Zawahiri</strong> advocated <strong>Muslims</strong> to fight the forces of the<strong> United States</strong> and<strong> North Atlantic Treaty Organization </strong>(NATO) in <strong>Libya</strong>.</p>
<p>He stated that he wants to draw the attention of their<strong> Muslims </strong>brother sin <strong>Algeria</strong>, <strong>Tunisia</strong>,<strong> Libya </strong>and the rest of the <strong>Muslim nations</strong>, that if the forces of <strong>America </strong>and<strong> NATO </strong>enter <strong>Libya</strong> and its neighbors in <strong>Algeria</strong>,<strong> Tunisia</strong> and<strong> Egypt </strong>and the rest of the <strong>Muslim </strong>nations must emerge and fight both the rest of<strong> NATO</strong> and mercenaries of <strong>Gaddafi</strong>.</p>
<p>In addition, born into an upper class family of doctors and scholars in uptown neighborhood of<strong> Cairo</strong>, the intellectual <strong>Egyptian</strong> in his late 50s is number two in position after <strong>Osama</strong> on the list of the most wanted terrorists of th<strong>e Federal Bureau of Investigation</strong> (FBI).</p>
<p>Both <strong>Zawahiri</strong> and<strong> Osam</strong>a escaped arrest when the forces of the <strong>U.S. </strong>ousted the <strong>Taliban government</strong> in <strong>Afghanistan</strong> way back in 2001 after the 09/11 attack of<strong> al-Qaeda</strong> on <strong>U.S. </strong>cities. However, <strong>bin Laden</strong> was killed on Sunday in a firefight with the forces of the<strong> U.S.</strong> and his body was recovered,<strong> President Barack Obama</strong> stated. There was no statement on <strong>Zawahiri</strong>’s part.</p>
<p>Adorned with grey beard and hair, <strong>Zawahiri</strong> won fame last November 2008, when he assaulted then  the new elect <strong>President Obama</strong> as a house <strong>Negro</strong>, a culturally-charged term used by <strong>Malcolm X</strong>, the leader of black<strong> American Muslim</strong> in 1960, to illustrate black slaves loyal to white masters. In a following video, <strong>Zawahiri</strong> came back in September 2009, to the assault on <strong>President Obama</strong>, saying he was no different from his antecedent <strong>ex-President George W. Bush</strong>.</p>
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		<title>Yearly report says cities in California rank as most polluted places in US</title>
		<link>http://www.sandiegonewsnet.org/yearly-report-says-cities-in-california-rank-as-most-polluted-places-in-us-20113186.html</link>
		<comments>http://www.sandiegonewsnet.org/yearly-report-says-cities-in-california-rank-as-most-polluted-places-in-us-20113186.html#comments</comments>
		<pubDate>Mon, 02 May 2011 05:07:36 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Health]]></category>
		<category><![CDATA[cities in California]]></category>
		<category><![CDATA[polluted places in US]]></category>

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		<description><![CDATA[According to a yearly report of American Lung Association on air quality, cities in California ranked the most air polluted areas in the United States. Almost 154 million in the U.S., or over half of the population of the country, live in places where the air is extremely polluted that it is frequently unsafe to [...]]]></description>
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<p>According to a yearly report of <strong>American Lung Association</strong> on<strong> air quality</strong>, cities in <strong>California </strong>ranked the most air polluted areas in the <strong>United States</strong>.</p>
<p>Almost 154 million in the<strong> U.S.</strong>, or over half of the population of the country, live in places where the air is extremely polluted that it is frequently unsafe to breathe. On the other hand, resident s of S<strong>anta Fe-Espanola</strong>, <strong>New Mexico</strong> and <strong>Honolulu, Hawaii</strong> are among the nation’s <strong>cleanest air</strong>.</p>
<p>In addition, <strong>Santa Fe </strong>and <strong>Honolulu </strong>were the only two in the <strong>U.S. </strong>that had no days in which the levels of soot and smog reached harmful ranges. On the contrary, residents in <strong>California</strong>, which is known for its healthy lifestyle, are breathing some of the worst and unclean air.</p>
<p>This report was issued in <strong>State of the Air 2011</strong>, which was published on April 27. Moreover, approximately 17 million people in the U.S. live in places troubled by all three air pollution risks. This concerns scientists since study recommends that air pollution threatens the health of people, and not simply the lungs.</p>
<p><strong>Michael Jerrett</strong>,<strong> University of California</strong>, <strong>Berkeley’s School of Public Health</strong>’s professor of<strong> environmental health sciences</strong>, said that on days in which the levels of smog spike, there is an increase admission in the hospital for <strong>stroke</strong>, <strong>heart attacks</strong> and <strong>respiratory diseases</strong> in the two or three days following the smog.</p>
<p><strong>Jerette </strong>cautioned that aside from posing short-term and long-term risks, air pollution can also contribute to stroke, heart attack, heart illness, diabetes, low birth weights and eventually, shorter life spans. This is because, in part, of dangerous changes caused by severe exposure to air pollution.</p>
<p><strong>Dr. Norman Edelman</strong>, <strong>American Lung Association</strong>’s chief medical officer, said that small debris of air pollution can lodge deep in the lungs, causing an inflammatory process that, eventually, can spread somewhere else in the human body and harm the heart and blood vessels.</p>
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		<title>Deutsche Bank’s Q1 income increases 17%</title>
		<link>http://www.sandiegonewsnet.org/deutsche-banks-q1-income-increases-17-20113133.html</link>
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		<pubDate>Thu, 28 Apr 2011 11:11:16 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Deutsche Bank]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3133</guid>
		<description><![CDATA[Deutsche Bank reported on Thursday that its first quarter income increased 17 percent from the same quarter last 2010 with regard on investment banking performance. The earnings of the bank hit €2.1 billion, while the shares jumped €1.68, or four percent, to €43.48 in midmorning trading in Frankfurt. On the contrary, Banco Santander reported on [...]]]></description>
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<p><strong>Deutsche Bank </strong>reported on Thursday that its first quarter income increased 17 percent from the same quarter last 2010 with regard on investment banking performance.</p>
<p>The earnings of the bank hit €2.1 billion, while the shares jumped €1.68, or four percent, to €43.48 in midmorning trading in <strong>Frankfurt</strong>. On the contrary, <strong>Banco Santander</strong> reported on Thursday earnings of €2.1 billion, equivalent to the profit of <strong>Deutsche Bank</strong>, but down five percent from the same quarter in 2010.</p>
<p>The reduction stems typically from continental <strong>Europe</strong>, where the bank saw a 14 percent drop in income to €1.1 billion. According to <strong>Josef Ackermann</strong>, <strong>Deutsche Bank</strong>’s head, the biggest bank in <strong>Germany</strong>, called it a thriving beginning for this year and repeated his aim of €10 billion in pre-tax profits for this year, of which €3 billion were posted for its first quarter, normally the strongest of the year.</p>
<p>Of that €3 billion, the investment banking division of the lender alone reported €2.6 billion in pre-tax profits. <strong>Deutsche Bank</strong>, which generated large bets against the <strong>American mortgage market </strong>before it fell down, appeared as one of the winners of the crisis financially, and is employed its strengthened place to increase, a move that is now obviously paying off.</p>
<p><strong>Ackermann </strong>noted that the firm planned to keep on investing on their franchise. <strong>Net income</strong> for the bank stood at €10.5 billion, increased 16 percent for the year before. Its outcomes stand in severe contrast to the poorer presentation being posted nu some of its peers this season of revenue, with lenders from<strong> Goldman Sachs</strong> to<strong> UBS reporting drops </strong>in income.</p>
<p>Santander, for its portion, said that income art its <strong>British unit </strong>had also declined by £9 million, or two percent, to £419 million for the first quarter, having been extremely impacted by authoritarian changes.</p>
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		<title>Toyota’s car manufacture in Japan drops 62.7%</title>
		<link>http://www.sandiegonewsnet.org/toyota%e2%80%99s-car-manufacture-in-japan-drops-62-7-20113061.html</link>
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		<pubDate>Mon, 25 Apr 2011 06:56:47 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Toyota]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3061</guid>
		<description><![CDATA[The car manufacture of Toyota Motor in Japan dropped a shocking 62.7 percent last month because of crisis in parts supply following the double disaster that hit the country. Toyota Motor, the last year’s top-selling automaker in the world, stated on Monday that its local manufacture last month was 129,491 vehicles. The global production of [...]]]></description>
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<p>The car manufacture of <strong>Toyota Motor</strong> in <strong>Japan</strong> dropped a shocking 62.7 percent last month because of crisis in parts supply following the double disaster that hit the country.</p>
<p><strong>Toyota Motor</strong>, the last year’s top-selling <strong>automaker </strong>in the world, stated on Monday that its local manufacture last month was 129,491 vehicles. The <strong>global production</strong> of the company fell 29.9 percent year-on-year to 542,465 vehicles on March.</p>
<p>The dual <strong>catastrophes </strong>wrecked several plants in northeastern part of<strong> Japan</strong>, causing serious parts deficiencies for the company and other manufacturers of vehicles. The crisis on parts supply forced<strong> Toyota</strong> to delay manufacture in the country that results in manufacture loss of 260,000 cars up to date.</p>
<p>In addition, the sales of the company fell 45 percent. According to the <strong>auto giant</strong>, its <strong>car manufacture </strong>will not go back to normal until November or December, endangering its rank as the top-selling <strong>automaker </strong>all over the world.</p>
<p>Last year, the company sold 8.42 million cars, hardly maintaining its lead over a renascent<strong> General, Motors </strong>(GM), which sold 8.39 million, thanks to successful sales in <strong>China</strong>. Given that the<strong> production of Toyota</strong> woes after the quake and<strong> tsunami</strong>, <strong>GM</strong> can regain the title as the biggest<strong> automaker</strong> in the world that it lost in 2008.</p>
<p>On the other hand, while the company has resumed its manufacture in<strong> Japan</strong>, its plants have been working at a lessened production. The company stated that they have more slashes in manufacture at its plants in other parts of <strong>Asia</strong>.</p>
<p><strong>Toyota</strong> also stated that its factories in eight nations in<strong> Asia</strong>, such as<strong> India</strong> and <strong>Thailand</strong>, will resume working with 50 percent capacity from April 25 to June 4. Moreover, the company added that the plants in these countries will resume working for three days every week during the specified period.</p>
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		<title>The New York Company’s Q1 net profits drop 57.6%</title>
		<link>http://www.sandiegonewsnet.org/the-new-york-company%e2%80%99s-q1-net-profits-drop-57-6-20113089.html</link>
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		<pubDate>Fri, 22 Apr 2011 10:03:27 +0000</pubDate>
		<dc:creator>vhon</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[New York Times Company]]></category>
		<category><![CDATA[The New York Company]]></category>

		<guid isPermaLink="false">http://www.sandiegonewsnet.org/?p=3089</guid>
		<description><![CDATA[The New York Times Company said that its net profits for the first quarter dropped 57.6 percent to $5.4 million compared with $12.8 million of the same period last year. The weak spot in print marketing, joined with an unpredicted fall in profits at About.com, led to income of four cents per share before particular [...]]]></description>
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<p><strong>The New York Times Company</strong> said that its net profits for the first quarter dropped 57.6 percent to $5.4 million compared with $12.8 million of the same period last year.</p>
<p>The weak spot in print marketing, joined with an unpredicted fall in profits at <em>About.com</em>, led to income of four cents per share before particular items were barred, compared with eight cents per share in the same period last year.</p>
<p>The company did report development in one significant area. In the first glance at how its plan for digital subscription is charging, <strong>The New York Times </strong>stated that it had signed up over 100,000 subscribers since March 28, when it started limiting the amount of articles that viewers can read free from <em>NYTimes.com</em>.</p>
<p>The company also stated that the program was still young to be affirmed a success; early indications showed that the readers were responding well. According to<strong> Janet Robinson</strong>,<strong> Times Company</strong>’s<strong> Chief Executive Officer</strong>, while the promotion marketplace stays challenging, they are certain that the path they have been chasing to change their community is the appropriate one.</p>
<p>The<strong> CEO</strong> also said that the complete cost of digital subscriptions start at $15 and it was renew every month, but most of their subscribers have paid an economical introductory rate of 99 cents for one month access. The amount of subscribers who have renewed at complete cost has been strong so far.</p>
<p>She added that <strong>The Times </strong>had also seen a rise in subscriptions to the print edition of the paper, which <strong>Robinson</strong> claimed that it was an outcome of <strong>print subscribers</strong> that received free digital access. On the other hand, traffic to<em> NYTimes.com</em>, which the company had projected can fall by almost 15 percent once it begun charging for the access, has been on average with anticipations.</p>
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