Posted by Dale Buss on September 7, 2011 08:48 AM
Post Carol Bartz ouster, Yahoo may look for next leader in advertising as site retains financial advisers and mulls sale.
President Obama is expected to seek a $300-billion jobs package in his address to Congress tomorrow night.
AT&T could cut price of buying T-Mobile if regulator demands become too onerous.
BP casts about for new growth strategy.
Bank of America executes major shakeup of leadership.
Benetton unveils sexy image overhaul.
Borders is sued over layoffs.Continue reading...
Posted by Shirley Brady on September 6, 2011 08:55 AM
Amazon.com tests "more airy" website redesign, as delivery locker test with 7-Eleven looms.
Apple designer Jonathan Ive enters a new era, as iPhone 5 speculation mounts and brand announces first store in Hong Kong.
Baidu taps Dell for mobile push.
Bank of America shares decline (despite Warren Buffett's $5 billion injection) in tandem with global banks.
BMW tests 1,000 times brighter laser headlights.
Cantor Fitzgerald's post-9/11 recovery is in the spotlight this week.
Carlyle Group files for IPO.
Coca-Cola will invest $4 billion with Chinese bottling partners to spur China sales.Continue reading...
Posted by Shirley Brady on September 2, 2011 06:13 PM
The Federal Housing Finance Agency is suing 17 US and European banks and more than 130 individuals on charges of selling bonds backed by mortgages that should have never been packaged into securities. Institutions named including Bank of America, its Merrill Lynch unit, Barclays, Citigroup and Nomura.
Halliburton is suing BP for defamation and misrepresentation, while a key court ruling in the Gulf of Mexico litigation could encourage more lawsuits. Oil and gas production is curtailed in the Gulf, meanwhile, as New Orleans declares state of emergency ahead of storm.
Facebook tests comment translation button.
GM rehires Bob Lutz as an adviser.
Google acquires Zave Networks, a digital coupons platform, as it expands local deals offering.
Hugo Boss releases campaign featuring Orlando Bloom and Sienna Miller in support of African schools.Continue reading...
Posted by Dale Buss on September 2, 2011 08:44 AM
Bank of America is pushed by regulators on contingency plans, as more than a dozen suits against big US banks are expected to be filed in the coming days over bad mortgages.
AstraZeneca fails to beat Pfizer in match of anti-cholesterol drugs Crestor and Lipitor.
BP raid in Russia is suspended.
Baidu, China Mobile and ICBC rank among top brands in China, survey says.
Campbell's profit takes a hit on declining US soup sales.
China Telecom plans UK mobile service before London 2012 Olympics.Continue reading...
Posted by Peter Feld on August 29, 2011 06:00 PM
Dow surges 254 points, pulling nearly even for the year.
Forrester predicts Amazon could sell 3 to 5 million tablets in the fourth quarter of 2011.
American Airlines and others faulted for failing to respond to tweets of customers stranded by Hurricane Irene.
Patent dispute with Apple delays Samsung's Australian tablet launch.
Needing cash, Bank of America cuts investment in Chinese bank.
Facebook settles trademark suit with satiric site Lamebook.
Isis, $100 million joint venture by Verizon, AT&T and T-Mobile for mobile phone payments, takes direct aim at Google.
New York's Gov. Cuomo launches "Open For Business" rebranding of the Empire State as business friendly; seeks proposals.
& Obama picks labor expert, Princeton's Alan B. Kreuger, as economics advisor.
Posted by Dale Buss on August 26, 2011 09:00 AM
New York City and mid-Atlantic brace for Irene's violent strike.
ABN Amro to cut 2,000-plus jobs.
AIG wants analysts to value it more highly.
Bloomberg accelerates in legal-research market with acquisition.
Delta sorts out Boeing orders.
Facebook makes major changes to location-based product.
Ford champions Google+.
General Motors and LG to team up on electric cars.
Groupon has "never been stronger," CEO insists.Continue reading...
Posted by Dale Buss on August 25, 2011 06:02 PM
Hurricane Irene seems to be aiming for the Northeastern U.S. megalopolis.
ABC refuses to air ad for Our Idiot Brother flick.
Apple prepares for life after Steve Jobs' leadership as new chief e-mails the troops.
Berkshire Hathaway and Warren Buffett invest $5 billion in Bank of America, shoring up the stock, as the financier prepares to host a fund-raiser for Presidnet Obama, and Charles Schwab sues the bank and others over a financial-markets intricacy.
Burger King finds the King listed at one of Time magazine's "creepiest" brand mascots.Continue reading...
Posted by Peter Feld on August 24, 2011 06:00 PM
Analysts stick up for beleaguered Bank of America.
Lawsuit accuses ComScore of violating the privacy of consumers it tracks.
Facebook concedes to Foursquare in the location wars, phases out Facebook Places.
Google pays $500 million to settle Justice Department charges it advertised illegal pharmacies. Continue reading...