January 27, 2012 |
This post has been corrected. See the note at the bottom for details. Ford Motor Co. reported a giant annual profit, but much of the gain came from a special tax allowance, and the company said its operating earnings were hurt by losses in Europe and Asia and rising commodity prices. The automaker reported an annual operating profit of $8.8 billion, almost 6% above the prior year. Full-year net income reached $20.2 billion, a gain of more than 200%. That included a special one-time, non-cash accounting change from the reversal of Ford's deferred tax assets.
April 22, 2014 |
WASHINGTON -- President Obama, on his way to a weeklong trip to Asia, is headed to Washington state Tuesday to survey damage from the landslide and meet with survivors, first responders and local officials one month after the tragedy. More than 40 people died in the disaster, which claimed more than two dozen homes on the outskirts of Oso, a small town an hour's drive from Seattle. The medical examiner's office is still working to identify victims of the devastation. The visit will be Obama's only domestic stop on his way to Asia, where he plans to talk about trade opportunities with foreign leaders and discuss the U.S. role in regional security.
June 27, 2012 |
Apple expanded its iTunes Store to Hong Kong, Singapore, Taiwan and nine other countries Wednesday, but the tech giant did not include India or China in its latest expansion into Asia. The Cupertino, Calif., company announced the expansion of the digital store Wednesday, saying it will hit the new areas with more than 20 million songs, including local and international music. The other countries included in Apple's expansion are Brunei, Cambodia, Laos, Macao, Malaysia, the Philippines, Thailand, Sri Lanka and Vietnam.
April 21, 2014 |
WASHINGTON — Two and a half years after President Obama vowed to shift America's diplomatic, economic and military focus to Asia, he will head back to the region this week to try to convince allies and adversaries alike that he really meant it. Since the much-touted decision to "pivot" to Asia, the Obama administration has found itself repeatedly pulled away by crises in the Middle East, political battles in Washington and, more recently, turmoil...
November 9, 2009 |
With unemployment topping 10% and his healthcare plan still facing Senate action, President Obama has plenty to keep him busy at home. But on Thursday, he will head to Asia for more than a week, a trip that underscores the White House's conviction that a close partnership with China and other Pacific Rim nations is crucial to American interests. Obama is scheduled to stop in Japan, Singapore, China and South Korea, bringing to 20 the number of nations he has visited since taking office in January.
June 23, 2008
Re "Who'll lead in Asia?" Opinion, June 18 Kim Holmes and Walter Lohman convincingly argue that Asia demands greater strategic attention from Washington. But they overstate the inevitability of incompatible American and Chinese roles. U.S. policy needs to work with China to lift Asia up rather than work with Asia to hold China down. There is no doubt that the U.S. and its Asian partners should insist that China meet higher standards on military restraint, free trade and the environment.