6 Stories

As Violence Erupts, Panasonic, Canon Shut China Plants

Plants attacked by Chinese furious over islands

(Newser) - Increasingly violent protests triggered by a China-Japan island territorial dispute have convinced Panasonic and Canon to suspend operations at Chinese plants. The decision follows attacks on Panasonic factories by masses of protesters, reports the BBC . Canon plants and a Toyota dealership have also been targeted, according to local media. The... More »

Sony Profits Plunge 72% on Strong Yen, Slow Exports

Japanese Electronics maker sees profits tumble 72% for quarter

(Newser) - A strengthening yen and declining demand—especially from the US—for consumer electronics provided a one-two punch that knocked Sony profits down 72% for the third quarter, reports the New York Times. Sony shares slid to a 16-year low on Monday, and are down 67% for the year. More »

Anne of Green Gables, at 100, Goes Legit

Scribe cheers as Modern Library adds heroine to canon

(Newser) - Impetuous redheaded orphan Anne of Green Gables got the biggest gift of all on her 100th birthday: Official introduction into the literary canon. The Modern Library will issue a centennial edition of the first book in the series of eight. Some scholars bristle at the decision to place Anne alongside... More »

After Pope Meets Victims, Vatican Considers Change

Canon law, particularly on statute of limitations, evolving with sex scandal

(Newser) - Just a day after a Washington meeting where Pope Benedict XVI talked with victims sexually abused by Catholic priests, a Vatican official said the church would consider changes to canon law dictating how the church deals with such offenses, the New York Times reports. Cardinal William Levada holds Benedict’s... More »

Electronics Giants Join Forces

Panasonic, Hitachi, and Canon announce tie-up

(Newser) - Hitachi, Canon, and Panasonic have announced plans to work to together in moving flat-panel display technology forward, PC World reports. Competition is heating up in the industry, and the companies hope the alliance will accelerate development time. The firms will work together on LCD displays and organic light emitting diode... More »

Asian Traders Sweat New Dive

Fourth day of losses hits markets

(Newser) - Despite a late Wall Street rally yesterday, Asian stocks plummeted for the fourth day in a row—driven as much by panic as by any other factor. Toyota, Canon and Mitsubishi all slipped badly, along with the Morgan Stanley Capital International Asia-Pacific Index, which was off 1.8 percent, and... More »

6 Stories