You've got to hand it to Dov Charney. The mustachioed founder/CEO of American Apparel doesn't give a damn (or a tee) that his once-hip hipster fashion line has been given less than 18 months to live.

A video posted on the brand's YouTube channel shows the struggling brand's CEO chatting with a reporter from his homeland — Canada — to prove that the rumors of his brand's death are greatly exaggerated. Other videos feature the marketing team, the creative team, the production team, the chief manufacturing officer, the showroom — even shipping & receiving and the masseuse.

Yes, 24/7 Wall Street feels you'd better enjoy that bowl of Kellogg’s Corn Pops while wearing some American Apparel clothing and reading your Soap Opera Digest right now. Get a call in on your Nokia phone while you’re at it and grab a bite at an A&W restaurant.Continue reading...

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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...