Originally published on Thu October 11, 2012 6:22 am
Mo Yan was one of three writers favored to win. He is perhaps best known in the West as the author of Red Sorghum, which was made into a film. He is only the second Chinese writer to win the Nobel — the other is poet Gao Xingjian, who won in 2000.
There are business effects to some of the more than 170 statewide ballot measures to be decided in next month's elections. In California, voters will determine if labels should be required on genetically-modified food. People in Arkansas will vote whether to increase taxes for highways and bridges. And one measure in Michigan is capturing attention - whether the state constitution should be amended to change how utilities get their electricity.
Wal-Mart is thriving despite the shaky economy, protests from union supporters and allegations of bribery at its Mexican unit. The company's stock price hit an all-time high Wednesday, and holiday layaway sales are off to a sizzling start. It's also introducing a low-cost, pre-paid debit card.
Originally published on Thu October 11, 2012 5:59 am
Lenovo shipped 13.8 million units in the third quarter, according to the research firm Gartner. That robs a struggling Hewlett-Packard from a title they'd long enjoyed: the world's No. 1 PC vendor. The firm's data also suggests a worldwide dip in PC sales of about 8 percent over the past year.
Originally published on Thu October 11, 2012 5:54 am
In a Census Bureau report released Wednesday, it tallied up the median earnings for different bachelor degree holders. Engineers make an average of $92,000 a year. Some other majors at the low-end of the list: education, fine and visual arts and communications. Those all earn an average of $50,000 to $60,000.