Oprah Winfrey and Discovery's OWN TV channel sets ad premium Lance Armstrong TV confession while his personal brand redemption bid is seen as falling short.

AT&T takes $10 billion pension charge against earnings.

Amazon launches music store for Apple devices.

Ameriprise Financial taps Tommy Lee Jones for encore.

Aston-Martin seeks development partner to build high-end engines.

Boeing grounding of Dreamliner forces airlines to scramble.

Chrysler nears deal to restart in-house financing.Continue reading...

Marks & Spencer, Britain's largest retailer, says sales figures beat expectations, signal returning consumer confidence. [Guardian]

Online ad spending outstrips television in Britain, claiming nearly one quarter of the market. [Times of London]

Love those hyphens, but ouch! Kraft told by British Takeover Panel to "put-up or shut-up" in bid for Cadbury. [Times of London]

Kmart and Wal-Mart announce toy promotions to drive holiday sales. [WaPo]

Warner Music Group and YouTube reach revenue sharing deal over music videos. [NY Times]

Go, green! Nike, Johnson & Johnson join companies quitting US Chamber of Commerce over its resistance to climate change legislation. [Guardian]

(More headlines: Twilight's brands, GM quits eBay, Gannett newspapers profit.)Continue reading...