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Toyota annual net profit drops by a quarter

Profits at Japanese car giant Toyota hit the skids despite record sales, the company admitted Wednesday, although it said it expected to accelerate out of trouble in the year ahead.

Amazon to pull plug on China retail operations: report

Amazon plans to close down its online retail operations that cater to consumers in China in an apparent admission of defeat to local e-commerce rivals such as Alibaba and JD.com, a report said on Thursday.

Foxconn head stepping back, mulling presidential run

The head of Foxconn Technology Group is planning to step away from day-to-day operations at the world's largest electronics provider and said Tuesday that he is mulling a run for president of Taiwan.

A better way to make acrylics

Acrylics are an incredibly diverse and useful family of chemicals used in all kinds of products, from diapers to nail polish. Now, a team of researchers from UConn and ExxonMobil describe a new process for making them. The ...

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