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Wahaha is the name of China's third largest beverage company — it sells soda, juice and other bottled drinks. The name means laughing children. Zong Qing Hou is now the richest man in China, according to Bloomberg's billionaire's index. He founded Wahaha 25 years ago, with a $22,000 loan.

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The storm threw some people onto unemployment rolls and shut down some state offices the previous week — meaning some laid-off workers couldn't file their claims until last week.

They've been another indicator of modest, at best, improvement in the labor market.

The payment is to prefund retiree benefits, so it won't have any effect on operations in the short run.

The footage shows kids in pj's bouncing on giant beds, and an array of dancers in lavish costumes. The most mystifying - and gripping - image is a mass of helmeted cyclists wearing giant silvery-blue flapping wings, pedaling around in two huge circles.

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