The gap between promises to Japan’s future pensioners and actual assets is so wide that the government will need to perform like Warren Buffett to make it up, says Breakingviews' Peter Thal Larsen.
As more Chinese consumers shop online and prioritize quality and safety over price, Wal-Mart's fortunes in China have waned. Jane Lanhee Lee reports on how it's is shifting strategies in response.
"Wolf," "Hustle" lead MTV Movie Awards; Lambert, Queen to tour
The day's top showbiz news and headlines including "American Hustle" and "The Wolf of Wall Street" lead the MTV Movie Awards nominations, Adam Lambert is set to tour with Queen, and Courteney Cox will make her directorial debut at the Tribeca Film Festival. Bob Mezan reports.
Quite possibly the coolest traffic stop anywhere on earth. While waiting to cross the street in this Germany city, you can actually play pong against someone waiting on the other side of the road!