Posted by Dale Buss on December 12, 2013 09:20 AM
Hilton raises more than $2.3 billion in biggest-ever hotel IPO.
Green Mountain introduces college-branded K-Cup brewers.
A&E rebrands Bio as Lifestyle Network FYI.
American Airlines signs big jet deals with Bombardier and Embraer.
Aramark prices IPO at high end.
Avon halts rollout of new order-management system.
Barnes & Noble sees chairman book $40 million loss on company stock sale.
Boeing gets new offer from machinists in Washington on 777X factory.
ExxonMobil presses to be able to export US oil.
Ford board is said to want answers from CEO Alan Mulally about his future.Continue reading...
ready for takeoff
Posted by Mark J. Miller on December 10, 2013 10:03 AM
For years, Airbus and Boeing have had the commercial airline business locked up, but that hasn't stopped Canada's Bombardier from attempting a risky entry into the air space.
Bombardier's CSeries is supposed to finally take flight in September 2014, but air carriers haven't been quick to buy in. So far, the company has 182 orders, including five from Iraqi Airways, and is planning to have 300 by launch date, according to Bloomberg Businessweek.
As the Wall Street Journal points out, those are some pretty low numbers. “Boeing and Airbus … have more than 4,000 combined firm orders for upgraded versions of equivalent and slightly larger single-aisle jets,” the paper notes. As it is now, the Bombardier has invested nine years and $3.9 billion in development of the CSeries, the CBC reports.
The slow sales was likely one reason for the ouster of sales chief Chet Fuller, formerly of GE Aviation, whose responsibilites now fall into the hands of Raymond Jones, a certified commercial pilot and Royal Air Force veteran, according to the Globe and Mail. Continue reading...
Posted by Dale Buss on June 18, 2013 09:27 AM
7-Eleven franchisees are accused by feds in immigrant exploitation scheme.
Starbucks to start displaying calorie counts on menus later this month.
Susan G. Komen Foundation names new CEO.
3M adds new products to its healthcare line.
AOL nears profitability in Patch bet on local news.
AT&T introduces solar-powered charging stations.
Boeing signs customers for stretch 787, Airbus also gets order for A380 and Embraer gets big launch order for jets from SkyWest.
Cheesecake Factory returns to growth mode.
Chrysler sees key deadline near in Jeep-recall dispute with US government.Continue reading...
Posted by Dale Buss on January 9, 2013 09:03 AM
Apple reportedly working on a lower-end iPhone.
H&M reveals launch plans for & Other Stories store brand.
Lance Armstrong to discuss doping in exclusive live-streamed Oprah Winfrey interview as new allegations arise.
Amazon CEO Jeff Bezos doesn't care about profit margins.
American Airlines upgrades international travel.
Asus looks to share in Google Nexus glory.
Audi A7 self-driving autopilot car goes for a spin at CES.
Beauty brands including Philosophy try oxygenating products.
Best Buy's former CMO lands at LivingSocial.
Boeing sees formal probe of Dreamliner.Continue reading...
Posted by Abe Sauer on February 16, 2012 05:17 PM
In addition to tweeting at commuters in London, Dove did Valentine's Day, China style.
Following Apple's lost iPad trademark lawsuit, iPads are being removed from stores in China. Is it just muscle-flexing by authorities? And will all imports be halted? Apple already told Amazon China to halt sales of iPads.
Meanwhile, is the Fair Labor Association the solution to Apple's Foxconn woes? And putting things in perspective: Apple racked up over $13 billion in sales in China last year.Continue reading...
Posted by Dale Buss on February 15, 2012 09:04 AM
Apple slashes iAd pricing again as mobile ad share declines as its stock price and size cloud analysts' view of the rest of the economy.
Avon names new CFO to steer it through scandal and layoffs as it woos HSN CEO Mindy Grossman to take over.
Boeing locks in biggest order with Lion Air.
Carnival Cruise social-media strategy examined in wake of Italy disaster.
Embraer shows off Jackie Chan jet in China.
Heineken to cut costs, invest in emerging markets.Continue reading...