Green Mountain beats out Peet's Coffee with a $290M bid for Diedrich Coffee. [Daily Finance]

The first Tiger Woods brand fallout? Pepsi's Gatorade "Focus." [24/7 Wall Street]

Insult to injury: Retailers cut prices on Tiger Woods products. [Daily Beast]

Philadelphia debuts a new logo. It's the Philadelphia of city logos. [Brand New]

"DVR" is becoming a verb. [BrandFreak]

Facebook takes steps toward going public, creating dual-class stock. [NY Times]

GM will decide if it will shutter Saab next week. [NY Times]

Sprint finalizes purchase of Virgin Mobile USA. [WaPo]

McDonald's to "green" its operations in Germany. [NPR, Warc]

Eager to raise capital, Heinz sells its UK private-label frozen dessert units. [Times of London]

Choosing to report from Washington D.C., Washington Post closes its bureaus in other US cities. [NY Times]

"Cheap and cheerful" dominates holiday advertising. [NY Times]

(More headlines: Lindsay Lohan, Audi boosts US ops.)Continue reading...

Berkshire acquires remaining stake of Burlington Northern. [WSJ]

Sony Ericcson unveils first Android smartphone, on sale early next year. [NY Times]

Starbucks dumps "Gold" loyalty program in favor of "My Starbucks Rewards." [Business Insider]

Lloyd's and RBS agree to sell assets for further federal aid. [NY Times]

UBS expects further client hemorrhaging. [NY Times]

Year-for-year sales at Toyota decline. [WSJ]

Carmakers grapple with pronounciation of "2010." [NY Times]

Embattled Liz Claiborne CEO renews contract for three years. [WSJ]

(More headlines: Peets, Illy, Starbucks, Vegemite iSnack rises).Continue reading...