Doris Phua, chief executive of Da Vinci, answers questions during a press conference in Beijing in July, after CCTV accused it of selling fake furniture at high prices. Later, the company said it paid the CCTV reporter more than $150,000 through a public relations company to halt further stories.
In July 2011, Chinese state-run TV accused the luxury furniture retailer Da Vinci of passing off made-in-China goods as expensive Italian designer items. Now, a new report in a respected Chinese business magazine, Caixin, says the TV report was full of errors, and Da Vinci says it was blackmailed by the TV journalist.
The Da Vinci furniture company showroom in Shanghai looks like a salon in Versailles. The price tag on a gilt-covered, Italian-made grandfather clock: more than $40,000.
So it was big news last summer when China Central Television — the government's flagship network known as CCTV — reported that some of Da Vinci's ornate furniture didn't come from Italy, but from a common factory in South China.
Robert Carter, who was a key member of the legal team that convinced the U.S. Supreme Court to outlaw segregated public schools in 1954's landmark Brown v. the Board of Education decision, died Tuesday. He was 94.
According to The New York Times, "the cause was complications of a stroke, said his son John W. Carter, a justice of the New York Supreme Court in the Bronx."
Indonesia has one of the world's fastest growing economies, and it's already the largest in Southeast Asia. This growth and stability recently earned it a major credit upgrade at a time when Western countries are fearful of downgrades.
Yet this vibrant economy has an Achilles' heel: its crumbling, overwhelmed infrastructure.
The problem becomes painfully apparent this time every year, when the rainy season fills commuters with dread in the capital, Jakarta, and many other cities.
"This order for the mass evacuation of all persons of Japanese descent denies them the right to live," Seattle native Gordon Hirabayashi wrote in 1942. "I consider it my duty to maintain the democratic standards for which this nation lives. Therefore, I must refuse this order of evacuation."
America's big three automakers all experienced double-digit sales growth in 2011, helping the U.S. market continue its rebound from a dismal 2009. With annual reports out today, Chrysler says its sales were up 26 percent, while General Motors and Ford Motor Co. reporting gains of 13 and 11 percent, respectively.
Saying he's there "to make sure we make Mitt Romney the next president of the United States of America," 2008 Republican presidential nominee Sen. John McCain just returned to New Hampshire to endorse the White House bid of his one-time rival, former Massachusetts Gov. Mitt Romney.
McCain and Romney fought a hard battle for the GOP nomination n 2008, after which Romney endorsed the Arizona senator.