Madewell, the edgier little of J.Crew, has announced Solange Knowles, the edgier little sister of Beyonce, as its new face. She replaces Alexa Chung, who designed two annual fall-winter collections for the brand — see her last collection below, along with the brand she's the new face of: Maje.Continue reading...

Acura makes the Sundance Festival a stage.

Airbus fixes cracked A380 wings as fault found.

Facebook marketer Buddy Media finds business is booming.

GE finds in study that shared content ranks higher with consumers than paid placement.

GM CEO offers resolute defense of Volt before Congress.

Illumina adopts poison pill against Roche.

J.C. Penney "reinvents" department-store retailing.

Netflix looks ahead as it returns to subscriber growth.Continue reading...

Apple's blockbuster earnings report includes surprises, such as popularity of iPads over Mac sales to education market.

Baidu launches browser in China.

Bank of America posts record quarterly loss.

Coca-Cola gains market share despite soft market.

Dupont sued over herbicide as brand supports sustainable aquaculture.

Facebook and NBC partner for GOP presidential debate, as Facebook ads increase 1,900% in year, 104% in one quarter.

Goldman Sachs prepares to trim workforce in wake of disappointing quarter.Continue reading...

In sad news for the Village People, the YMCA follows KFC, NPR and AARP in formally adopting its acronym and shedding three letters to become just the Y. Individual branches will still be known as "The YMCA of ____." (Update: Village People respond, more details here.)

BP shares rise on news it's making progress on oil spill containment but not making promises — and that it's rumored to be in talks to sell assets to Apache, and facing a possible ExxonMobil takeover bid. Louisiana is pitching BP on a scheme to get unemployed commercial fishermen back on the job.

Spain's octopus-predicted triumph over the Netherlands in the World Cup final drew Nelson Mandela to the closing ceremony while Uruguay's Diego Forlan won the Adidas Golden Ball (not the unpopular Jabulani) for individual achievement. A likely terrorist attack in Uganda killing at least 60 World Cup fans marred yesterday's celebrations.Continue reading...