SAP AG aims to make China “a second home” as local companies seeking management tools and real-time business intelligence will provide “limitless growth” for the software maker, co-Chief Executive Officer Bill McDermott said.

Foxconn Technology Group Chairman Terry Gou cut his long-term growth target for the world’s largest contract manufacturer of electronics by half as demand for Apple Inc. iPhones and iPads fails to offset slowing computer sales.

Combined operating revenue at China’s 500 largest enterprises rose 6.3 percent last year, with the three top contributors coming from the energy industry, the People’s Daily said, citing an industrial rankings report.

Newcrest Mining Ltd. , set to buy smaller rival Lihir Gold Ltd. for $9.6 billion, said it’s eyeing further merger and acquisition opportunities in the Asia-Pacific region and West Africa.

LG Electronics Inc. , the world’s second-biggest maker of liquid-crystal-display televisions, plans to increase LCD TV sales by about 40 percent next year, as lower prices boost demand.

European Central Bank President Jean-Claude Trichet urged European Union countries to find a unified position over threats to the bloc’s influence at the International Monetary Fund.

Home sales, showing new signs of life two years after the credit crunch drove down home prices, must gain more ground before policy makers can “declare victory,” Housing and Urban Development Secretary Shaun Donovan said.

Tom Doyle and James Carl Haggerty weren’t hobnobbing in Manhattan, Miami or London in early 2007 as the art market was peaking.

The European Union Climate Commissioner said higher carbon prices are needed to drive innovations as nations establish a framework to cut emissions.

An experimental Novartis AG medicine that killed drug-resistant malaria in laboratory studies may become the first new class of treatment against the disease in 30 years, researchers said.

If any American deserves to be killed by his own government when far away from a traditional battlefield, it is the U.S.-born radical cleric Anwar al-Awlaki, assuming certain allegations are true.

Meeting at Hotchkiss , Henry Luce and Briton Hadden formed an unlikely friendship. A poor scholarship boy, Luce had been raised in China by his Christian missionary parents, while Hadden grew up a rebellious son of privilege in Brooklyn Heights. Competitive and ambitious, the two stuck together and launched the magazine that would transform the news business.

Tiger Woods trails leaders Brandt Snedeker and Jason Day by seven shots entering the third round of the U.S. PGA Tour’s Deutsche Bank Championship.

Tiger Woods is three shots out of last place as he begins the second round at the U.S. PGA Tour’s Deutsche Bank Championship near Boston, nine shots behind leaders Jason Day and Zach Johnson .