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Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >> Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >> Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >> Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.More >> "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's...More >> "Star Trek: Into Darkness" has warped its way to a $70.6 million domestic launch from Friday to Sunday, though it's not setting any light-speed records with a debut that's lower than the studio's expectations.More >> Just weeks after a tense border standoff, China's new premier headed to India on Sunday for his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and...More >> Just weeks after a tense border standoff, China's new premier visited India on Sunday on his first foreign trip as the neighboring giants look to speed up efforts to settle a decades-old boundary dispute and boost...More >> Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after...More >> Mexicans often feel that billionaire Carlos Slim owns everything in their country, from telephone and Internet companies to banks and chain stores, but his latest acquisitive foray is meeting resistance after touching a...More >> Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in...More >> Despite Democratic fears, predictions of the demise of President Barack Obama's agenda appear exaggerated after a week of cascading controversies, political triage by the administration and party leaders in Congress and...More >> A senior White House adviser insists President Barack Obama learned the Internal Revenue Service had been targeting tea party groups "when it came out in the news."More >> A top White House adviser insisted Sunday that President Barack Obama learned the Internal Revenue Service had targeted tea party groups only "when it came out in the news" while Republicans continued to press the...More >> A British lawmaker widely viewed as a rising star in the Labour Party says the United Kingdom should more aggressively forge ties with West Africa's growing economies.More >> A rising star in Britain's Labour Party, described by some as the "British Barack Obama," Chuka Umunna urged the United Kingdom to more aggressively forge ties with West Africa's fast-growing economies.More >> German Chancellor Angela Merkel, mindful of the weight of Christian voters in September elections, has discussed with Pope Francis how Europe's economy should better serve people.More >> Pope Francis lamented that investment losses by banks trigger more alarm in the economic crisis than the struggle of people to feed their families, as he led a huge rally Saturday to invigorate the church's moral...More >> A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job creation.More >> A union of Italian metal workers has led thousands of people in a march through the heart of Rome to press the new government for measures to spur job creation.More >>
COPENHAGEN, Denmark (AP) -
Danish toy maker Lego says sales soared 25 percent last year thanks partly to the new Lego Friends series of building blocks designed for girls.
The privately owned company says that on revenue of 23.4 billion kroner ($4.2 billion) it made net profits of 5.6 billion kroner ($1 billion), up 38 percent.
The company, based in western Denmark, said Thursday that series like Lego Star Wars and Lego Ninjago were among the more popular. But it was the novel rollout for girls, Lego Friends, that sold much better than expected -- to the extent that the company was unable to keep up with demand.
CEO Joergen Vig Knudstorp says Lego had shown it can develop toys that children across world "put at the top of their wish lists in 2012."