WBRZ - Baton Rouge

Tagged News

• America is America's biggest creditor

  April 29, 2013 7:28 PM

  WASHINGTON- Despite what you've heard, China isn't the country's biggest creditor, America is. The national debt is soon to be a staggering $17 trillion and the bulk of that is held by the Federal Reserve, Social Security system, various pension plans for civil service workers and the military, mutual funds,... more »

• Stocks open lower as China reins in housing

  March 4, 2013 9:07 AM

  NEW YORK- Stocks are opening lower on Wall Street following a downturn in China after that country announced new steps to cool down its booming housing market. The Dow Jones industrial average lost 44 points to 14,045 shortly after the opening bell. The Standard & Poor's 500 index fell two... more »

• Jeep to be built in China

  January 15, 2013 7:32 PM

  Jeeps will now be built in China as automakers Fiat, Chrysler and a Chinese car company made a deal in Detroit. Currently, Fiat, Chrysler and Guangzhou have a joint venture to build the Fiat Viaggio and markets the Fiat 500, Freemont and Bravo in China. Guangzhou discussed its plans for... more »

• Fiscal talks under way, Obama heads to SE Asia

  November 16, 2012 2:52 PM

  WASHINGTON - President Barack Obama is about to head off to Southeast Asia to showcase a foreign policy achievement in Myanmar and reinforce the U.S. role as a counterweight to China. The four-day trip beginning Saturday will provide a brief break from dicey fiscal negotiations and a national security sex... more »

• Google's services unable to reach much of China

  November 9, 2012 3:43 PM

  MOUNTAIN VIEW, Calif. - Google says its search engine and other Internet services have been cut off from much of China just as the country's ruling party picks new leaders. Data posted on Google's website shows its services in China became largely inaccessible beginning around 1 a.m. PST Friday. That... more »

• Obama blasts Romney ad on auto industry in Ohio

  November 2, 2012 10:22 AM

  HILLIARD, Ohio - President Barack Obama is accusing Republican rival Mitt Romney of running dishonest ads on the auto industry to scare voters in Ohio, saying: "This isn't a game. These are people's jobs." The Romney ads, which have been airing in Toledo, the home of a Jeep plant, suggest... more »

• Biden calls Romney auto ad an 'outrageous lie'

  October 31, 2012 12:29 PM

  SARASOTA, Fla. - Vice President Joe Biden is calling advertising released by Republican Mitt Romney "an outrageous lie" for asserting that automakers General Motors and Chrysler are adding jobs in China at the expense of workers in Ohio. Biden says in Florida that Romney is "trying to scare the living... more »

• Obama launches new criticism of Romney and China

  October 1, 2012 3:27 PM

  HENDERSON, Nev. - President Barack Obama's campaign is stepping up criticism of rival Mitt Romney's past investments in China. In a new television ad, the campaign accuses the Republican nominee of investing in a company that maximized profits by paying Chinese workers "next to nothing" to manufacture appliances. The ad... more »

• Obama orders new sanctions on Iran

  July 31, 2012 1:55 PM

  WASHINGTON - President Barack Obama is leveling new sanctions on banks in China and Iraq that the White House says have helped Iran evade international sanctions. The new penalties target China's Bank of Kunlun and Iraq's Elaf Islamic Bank. In a statement, Obama says the sanctions make clear that the... more »

• IOC defends China's teenage swim sensation

  July 31, 2012 10:29 AM

  LONDON - The International Olympic Committee has sprung to the defense of China's teenage swim sensation Ye Shiwen, saying she passed a drug test after her world record win in the 400 medley. IOC spokesman Mark Adams urged people to "get real" and said it is "very sad" if great... more »

• US stocks drop sharply as Europe woes deepen

  May 14, 2012 8:09 AM

  NEW YORK - U.S. stocks opened sharply lower as Europe wrestles with what to do next about the financial crises in Greece. Minutes after the opening bell Monday, the Dow Jones industrial average is down 107 points to 12,712. The Standard & Poor's 500 index dropped 13 points to 1,340.... more »

• China to re-investigate human flesh capsule claims

  May 8, 2012 12:36 PM

  BEIJING - Chinese state media say health officials will launch a new probe into allegations that China manufactures drug capsules filled with powdered flesh from dead babies. The official Xinhua News Agency quoted a Ministry of Health spokesman as saying an investigation launched in August found no such capsules in... more »

• US confirms blind activist wants to leave China

  May 3, 2012 6:57 AM

  BEIJING - A U.S. spokeswoman has confirmed that blind activist Chen Guangcheng now wants to leave China with his family. State Department spokeswoman Victoria Nuland told reporters Thursday that U.S. officials had spoken twice Thursday with Chen and also with his wife and "they as a family have had a... more »

• Vatican: Some China bishops 'usurp' church power

  April 26, 2012 8:35 AM

  VATICAN CITY - The Vatican is complaining that some bishops in China have "usurped" the Catholic Church's authority and are confusing the faithful. The Vatican warned Thursday that bishops who were consecrated without the pope's blessing yet work among the faithful as if they were legitimate are only making their... more »

• Price of oil drops

  March 22, 2012 10:55 AM

  NEW YORK - The price of oil is at its lowest level in a week, after reports of a slowdown in Chinese manufacturing. The price dropped $2.61 to $104.66 per barrel. The Chinese slowdown could cut demand for crude because China's factories big users of oil. But retail gasoline prices... more »

• China faces conflict of law, business in iPad dispute

  February 17, 2012 6:57 AM

  BEIJING - Chinese officials face a choice in Apple's dispute with a local company over the iPad trademark - side with a struggling entity that a court says owns the name or with a global brand that has created thousands of jobs in China. Experts say that means Beijing's political... more »

• 6 die in latest school bus accident in China

  December 25, 2011 11:52 AM

  BEIJING (AP) - At least six people have been killed in the latest crash involving students in China when their overloaded van plunged off a mountain road in Yunnan province. The official Xinhua News Agency says that an overloaded van taking students home crashed into a 195-foot deep valley in... more »

• Canada says Pipeline Delay means Sales to China not the U.S.

  November 11, 2011 7:41 PM

  Canada says the Obama administration's decision to delay approval of an oil pipeline to the U.S. Gulf Coast is viewed as a signal it must diversity its oil exports toward Asia and not the United States. The delay about TransCanada's proposed Keystone XL pipeline is alarming to Canadian officials. Federal... more »

• Easter celebrated by Chinese, Homeless

  April 24, 2011 7:02 PM

  BATON ROUGE- Easter festivities across the Capital area brought hundreds out to enjoy the holiday. At the Living Faith Christian Center, a group of Chinese tourists experienced the Easter celebration for the first time, taking in some soulful gospel music. "I'm very excited to hear the music," said... more »

• Man convicted of selling Dow secrets to China

  February 7, 2011 4:18 PM

  BATON ROUGE - A former research scientist has been convicted of charges he stole trade secrets from Dow Chemical Company and sold them to companies in China. A federal jury in Baton Rouge on Monday convicted 74-year-old Wen Chyu Liu, also known as David Liou, of conspiracy to commit trade... more »

• Feds: Ex-Dow Chemical worker paid for selling info to China

  January 19, 2011 4:56 PM

  BATON ROUGE- A former Dow Chemical employee accused of selling trade secrets to China was under investigation by the feds for nearly a decade before he was indicted. David Liou is accused of selling highly confidential information surrounding Dow's CPE, also known as Chlorinated Polyethylene. CPE is found in... more »

• First espionage case underway in Louisiana's Middle District

  January 18, 2011 5:12 PM

  BATON ROUGE- The U.S. Attorney's Office says it's one of the first espionage cases ever tried in the Middle District of Louisiana. At least 80 potential jurors were subpoenaed for jury selection in the trial involving Wen Shyu Liu also known as David Liou. According to a federal... more »

• Chinese envoy in Seoul to discuss North Korea

  November 27, 2010 1:14 PM

  YEONPYEONG ISLAND, South Korea - China has reportedly sent a senior official to Seoul, amid growing tension between North and South Korea. A South Korean news agency says the Chinese official met with South Korea's foreign minister about North Korea's artillery bombardment that killed four South Koreans. The report says... more »

• US: China needs to help restrain North Korea

  November 24, 2010 11:45 AM

  WASHINGTON - The Obama administration is pressuring China to restrain North Korea from further provocative acts against the South following what the U.S. called a "premeditated" violation of the truce that ended the Korean War. State Department spokesman P.J. Crowley on Wednesday called China "pivotal" to changing North Korea's behavior... more »

• China Blackouts

  September 8, 2010 7:40 PM

  Because of pollution, areas of China are hit by intentional daylong power blackouts but one factory knows how to get around the orders to clean the air. The blackouts happen because power plants are ordered to shut down as a way of tackling pollution and the reliance on imports of... more »

• Warning about China Cyber Attacks

  August 19, 2010 8:17 PM

  The U.S. warned about the Chinese military's use of civilian computer experts to launch clandestine cyber attacks at American companies and government agencies. The Pentagon says China is using "information warefare units" to invent viruses to attack computer systems and networks. The warning was contained in a report issued this... more »

• Oil prices jump above $78 a barrel

  June 21, 2010 7:15 AM

  Oil prices have jumped above $78 a barrel in Asia as China's move to end its two-year peg to the dollar over the weekend boosted investor confidence. Benchmark crude for July delivery was up $1.09 to $78.27 a barrel at midday Singapore time Monday in electronic trading on New... more »

• Shreveport Brass Works shuts down after 93 years

  June 4, 2010 9:47 AM

  After 93 years, a Shreveport foundry has been sold and shut down. Shreveport Brass Works opened in 1917 as an iron, brass and bronze foundry serving oilfields and manufacturing. The company's owner said the foundry is a victim of a dying industry, and the U.S. industry cannot compete with China. more »

• World stock markets mostly lower after decline on Wall Street

  June 2, 2010 7:55 AM

  World stock markets were mostly lower after Tuesday's decline on Wall Street. Weighing on the markets are concerns about the Gulf of Mexico oil spill, mounting tensions in the Middle East following Israel's raid on a Gaza-bound aid ship and worries over an economic showdown in China. more »

• Feds expand scrutiny of kids' jewlery

  May 10, 2010 1:05 PM

  Federal regulators are announcing another recall of children's jewelry with high levels of the toxic metal cadmium, and say they're expanding their investigation in an effort to keep dangerous items off store shelves in the first place. The U.S. Consumer Product Safety Commission tells The Associated Press its inspectors... more »

• 2 survivors pulled out 5 days after China quake

  April 19, 2010 5:29 AM

  Rescuers in China pulled a 4-year-old girl and a Tibetan woman alive from the rubble of a collapsed mud hut where they were trapped under a bed. Relatives kept the two alive by sending them food and water through gaps in the rubble with the help of bamboo poles. The... more »

• Earthquake in western China kills 400

  April 14, 2010 5:15 AM

  At least 400 people are dead, thousands injured and others buried under rubble after a series of strong earthquakes in western China. Homes collasped and people poured into the streets for safety and to look for relatives. The U.S. Geological Survey says the main quake was a magnitude 6.9 temblor... more »

• Race on to rescue 153 trapped Chinese coal miners

  March 29, 2010 8:15 AM

  Rescuers in China are racing to free 153 coal miners who've been trapped deep underground by a flood since Sunday. Some 261 workers were inside the mine when it flooded more than 24 hours ago, and 108 either escaped or were rescued. So far, there's been no contact with those... more »

• Oil prices hover above $74 a barrel

  February 16, 2010 9:08 AM

  Oil prices hovered above $74 a barrel Tuesday in Asia as investors looked for signs of improving global crude demand. Trading volume was light in Asia, as many markets were closed in China, South Korea and Singapore for the Lunar New Year holiday. Oil has traded between $69... more »

• GM's plan to sell Hummer to Chinese company delayed

  February 1, 2010 11:52 AM

  General Motors' plan to sell the Hummer brand to a Chinese heavy equipment maker has been delayed by a month. General Motors Co. and Sichuan Tengzhong Heavy Industrial Machinery Corp. said Monday they are extending the deadline to complete the transaction until Feb. 28 pending final approval by the Chinese... more »

• Police force first Mr. Gay China pageant to close

  January 15, 2010 6:14 AM

  Organizers of China first gay pageant say police forced them to cancel the event just one hour before it was to start. The event organizer says he was told by police that the event could not take place because he had not applied to stage the event "according to procedures."... more »

• Chinese companies visit Baton Rouge

  January 13, 2010 10:29 AM

  Two Chinese companies are eyeing Baton Rouge as a possible location for establishing their North American offices. Baton Rouge Mayor-President Kip Holden is hosting Pepnice Corp. and Liantronics Co. Ltd. today. Pepnice Corp. is the largest LED lighting manufacturer in the world, and Liantronics Co. Ltd. is the largest LED... more »

• Oil prices rise above $78 a barrel

  December 1, 2009 7:30 AM

  Oil prices rose above $78 a barrel Tuesday, driven by positive economic data from China, the dollar's weakness against the euro and options on world stock markets. By early afternoon in Europe, benchmark crude for January delivery was up 85 cents to $78.13 in electronic trading on the New... more »

• Mississippi wood products company closes

  October 9, 2009 11:03 AM

  Pascagoula, Mississippi-based Pavco Industries Inc. survived Hurricane Katrina and a major fire in 1953, but is closing because of a poor housing market and competition from China. Pavco president David Boland said the last orders will be accepted on Oct.15, and the closure will cost 63 employeess their jobs.... more »