Posted by Shirley Brady on September 29, 2010 09:00 AM
AIG faces break-up with US Treasury.
AOL shifts emphasis with three acquisitions yesterday: TechCruch, 5min and Brizzly app-maker Thing Labs.
Borders will open 25 temporary stores for the holidays.
BP's incoming CEO Bob Dudley shakes up top management, creates new safety division.
British Airways, American Airlines and Iberia sign $7 billion pact.
Dell is launching a 7-inch tablet.Continue reading...
Posted by Dale Buss on September 27, 2010 09:00 AM
Comcast and GE name Comcast COO Steve Burke as new CEO of NBC Universal, replacing Jeff Zucker after the NBCU sale to Comcast closes.
Alberto Culver has been sold to Unilever for $3.7 billion in cash.
AIG will lose the US Treasury as a part-owner.
Apple's Ping music-based social network incorporates users' iTunes libraries.
Barnes & Noble ownership battle nears its climax.
BP pressured to restore reputation and stock price as new CEO Robert Dudley takes the reins on Friday.Continue reading...
Posted by Shirley Brady on September 21, 2010 06:30 PM
Twitter fixed a security bug that disabled its website version today, and plans to step up promoted tweets (as only one-fifth of its 160 million registered users follow brands or companies).
Adobe misses earnings forecast on sluggish sales.
AIG nears sale of two units to Prudential.
BlackBerry-maker RIM could unveil its tablet (nickname: the BlackPad) as early as next week.
Clorox unloads its STP and Armor-All brands.
DC Entertainment's non-publishing business is moving to Los Angeles as part of Time Warner shake-up.
Disney former executive assistant pleads guilty to insider trading charges.
GlaxoSmithKline sues Roche, Genentech over cancer drug patent.Continue reading...
Posted by Dale Buss on September 14, 2010 09:00 AM
* AIG talks with the U.S. government about ending taxpayer aid.
* AT&T connects local search to emotions in new marketing campaign.
* Bank of America relies more on cross-selling and less on acquisitions under new CEO Brian Moynihan.
* Dell shifts focus back to big business.
* Gatorade plunges into social media to help revive flagging brand.
* Google Instant challenges brands with more than one name.Continue reading...
Posted by Dale Buss on September 7, 2010 09:00 AM
* AIG sets a date for its AIA unit IPO.
* Amazon poached Microsoft's head of game platform strategy, Andre Vrignaud.
* Barclays promoted Bob Diamond, an American turned high-profile British banker, as its next CEO.
* BlackBerry-maker RIM acquired mobile startup DataViz for $50 million.
* Christian Dior's "Shanghai Dreams" ad campaign in China deemed racist by some critics.
* Coors Light launches aluminum bottles in time for NFL season.Continue reading...
Posted by Shirley Brady on August 25, 2010 09:00 AM
* Apple is close to a deal with Disney to rent ABC TV shows via iTunes, the Wall Street Journal reports. It's also looking to trademark several of its mobile app icons.
* Burger King reported slumping sales.
* AARP research finds brand-name drug prices increased 8% last year.
* Barnes & Noble reported a tough quarter and increased legal costs due to proxy fight with investor.
* Best Buy named Aura Oslapas its new chief design officer.Continue reading...
Posted by Shirley Brady on August 23, 2010 05:00 PM
* AIG pays back $4 billion of its US loan.
* BlackBerry and India may resolve their differences as early as next week.
* Barneys finally hired a CEO, after two years without one.
* BP, continuing work on its broken pipe, is slammed by Brad Pitt in Spike Lee's HBO documentary debuting tonight.
* Boeing expects more than $2 billion in U.S. military satellite sales.
* Fujitsu is "very actively" seeking acquisitions, according to its president.
* J&J recalls contact lenses in Asia and Europe.Continue reading...
Posted by Dale Buss on August 6, 2010 09:15 AM
BlackBerry services has been shut down in Saudi Arabia after all, as Research in Motion continues to negotiate with Saudi and other governments.
General Motors plans to return to Super Bowl TV advertising in the next telecast, new CMO Joel Ewanick tells Ad Age, and will proclaim Cadillac as "the new standard of the world" in an upcoming campaign. CEO Ed Whitacre says that 1,000 U.S. dealerships will get a makeover this year and that an IPO is down the road.
News from AIG and more after the jump.Continue reading...