Posted by Dale Buss on September 2, 2010 09:00 AM
* Apple's plan to offer 99-cent TV-show rentals is "getting limited support from media companies," reports the Wall Street Journal. Amazon cut the price of some TV show downloads to 99 cents in response, while Apple's partnership with Netflix is seen as a sign the DVD rental company may weather a shift to Web video that is challenging others. Sony is also launching a digital-music service to compete with iTunes.
* Allergan settles Botox allegations with the federal government for $600 million.
* Burger King may need a new brand strategy rather than just another new owner, as suitors start to circle.
* Chrysler posts August sales gain, but every other major automaker sees sales slide in comparison with last year’s robust “cash-for-clunkers” campaign.
* Discovery Channel gunman James Lee told NBC mid-hostage-taking that he picked up pointers from Mythbusters.
* General Motors, which is making the Chevrolet Volt, is trying to trademark the expression "range anxiety."Continue reading...
Posted by Dale Buss on August 23, 2010 09:00 AM
* SABMiller and Asahi are eyeing Fosters (sending shares higher), but no formal bids have been placed.
* Morgan Stanley is the first Wall Street firm to offer research-on-the-go via Apple's app store.
* PepsiCo tries to rekindle demand for its Pepsi Max low-calorie brand.
* Tesco tests UK's first drive-through supermarket.
* UBS features astronaut Neil Armstrong, starchitect Zaha Hadid and fast cars in new advertising campaign.
* HP is hoping to outbid Dell for 3Par with today's $1.3 billion bid.
* HSBC is in talks for a $6.8 billion majority stake in South Africa's Nedbank.Continue reading...