Briefcase: Japan’s exports, Nike Inc., Cisco Systems, more

•Japan’s exports expanded for a sixth straight month in May as brisk global demand for cars and high-tech products helped shore up a recovery in the world’s second-largest economy. Exports rose 32.1 percent from a year earlier.

•Nike Inc. earned $522 million, or $1.06 per share, for the quarter as revenue and margins improved. That’s up 53 percent from $341.4 million, or 70 cents per share, in the same quarter a year earlier.

•Cisco Systems Inc. said it will invest $1 billion to help foster high-tech innovation in Russia. Russian President Dmitry Medvedev was visiting the computer networking equipment manufacturer as part of a tour of Silicon Valley.

•Verizon Wireless said Wednesday that it will begin selling the Droid X, the follow-up to Motorola Inc.’s popular Droid smart phone, on July 15.

•Independent music licensing company Rumblefish Inc. is giving YouTube uploaders a way to add songs to their videos without infringing on copyrights. The company will sell songs from its catalog of artists for $1.99. The cost includes a license allowing the video creator to use the music legally. The video can’t be used to make money.

Click here to comment on this story »

Learn to become a super shredder

sponsored Any victim of identity theft, fire, or flood will be glad for the time taken in advance to file and store critical records.



Contact the Spokesman

Main switchboard:
(509) 459-5000
Customer service:
(800) 338-8801
(509) 459-5400
(800) 789-0029
Back to Spokesman Mobile