China Now World’s No. 2 Economy, Shares Surge

Investors piled into Chinese stocks after news broke that China’s GDP surpassed Japan’s for 2010, making the People’s Republic the world’s second largest economy after the U.S. The Shanghai Composite climbed 2.5% and in Hong Ko…

What Nokia Needs to Make Its Risky Bet Pay Off

From a strategy standpoint, there’s some sound reasoning behind CEO Stephen Elop’s thinking: Most likely there’s room for a third player at Apple and Google’s poker table. But Nokia’s new deal with Microsoft will be all about h…

Peering Into the Peer-to-Peer Lending Boom

For those who can’t get bank loans, the new business of peer-to-peer lending can be a lifesaver. Internet companies connect people who need cash with folks willing to lend — for a fair profit, of course. Here’s how it works, r…