Posted by Dale Buss on July 11, 2013 09:15 AM
Walmart scraps D.C. store plans after "living wage" passes.
BlackBerry loses two more executives.
Panera suspends "pay-as-you-can" item.
Chevron foresees lower output.
Dodge borrows Pitbull to pitch Dart to Gen Y.
GE makes short films in tiny towns about big data.
GM continues to battle labor unrest in South Korea.
GlaxoSmithKline bribed doctors and hospitals, Chinese officials say.Continue reading...
brands under fire
Posted by Ben Berkon on July 10, 2013 12:46 PM
It's been quite a while since US phone users considered purchasing a BlackBerry device in favor of Apple’s iPhone or Google’s Android.
In April 2012, when CEO Thorsten Heins took over Research in Motion Ltd. (RIM), the Canada-based BlackBerry manufacturer, he hoped the supposedly state-of-the-art BlackBerry 10 software (and re-invented touch screen and keyboard phones) would put RIM back on the map. He even enlisted Alicia Keys as Creative Director, following in the footsteps of other high-profile brand/celebrity collaborations. But the heavy investment in the company's future doesn't have much to show for itself yet. After a reported $84 million loss in June, the stock endured a 28 percent drop. New phone sales, in general, lagged.
At the company's annual shareholders meeting on Tuesday, Heins tried to downplay the elephant in the room.Continue reading...
Posted by Dale Buss on July 10, 2013 09:31 AM
Tribune plans to spin off newspaper unit.
Yelp adds food-delivery services to site through partnerships.
same old problems after name change as CEO admits
US debut of new phones was flawed.
Abbott cuts baby-formula prices in China.
Apple colluded with major publishers to drive up e-book prices, judge rules.
Asiana Airlines pilots in first pairing struggled to line up plane that crashed, investigation reveals.
Budweiser signs Rihanna and Jay-Z for 85-country tour.
Dollar Shave Club will try out 'beardvertising' trend.
Elizabeth Arden launches third Taylor Swift fragrance.
GM sells more cars in China than in US in first half.Continue reading...
Posted by Dale Buss on July 9, 2013 09:16 AM
Barnes & Noble CEO resigns amid digital setbacks.
BlackBerry faces leadership questions at annual meeting today.
Shell picks refining chief to become its new CEO.
Alibaba sets sights on mobile.
Apple's App Store celebrates five-year anniversary with free apps.
Esurance expands US Open tennis sponsorship.
Ford finds that F-250 pickup is new favorite of auto thieves.
Hasbro buys 70 percent stake in mobile gaming company Backflip for $112 million.
Hostess Twinkies return aiming for more ubiquity.
Hulu attracts at least three takeover bids.
Infiniti nudges launch date of new Q50 sedan.Continue reading...
Posted by Alicia Ciccone on June 28, 2013 09:31 AM
Google is reportedly developing an Android game console, as it sues IRS over missing tax refund.
Square poaches Facebook advertising executive.
Blackberry shares plunge 25 percent on disappointing earnings.
Firefox debuts new logo and updates for Android beta.
Men's Wearhouse owes ousted founder George Zimmer $1 million for TV ads.
QVC says it will "pause" its relationship with Paula Deen.Continue reading...
Posted by Dale Buss on May 17, 2013 09:16 AM
Dell reports 79 percent drop in profit as takeover battle continues.
Dow Chemical is ordered to pay $1.2 billion in price-fixing case.
Google Glass expands apps and integrates Facebook and Twitter.
Apple fights back in antitrust case over e-book pricing as it loses luster in global poll.
Audi shifts to high-performance models to propel sales.
BlackBerry regains lost market share in Canada.
Citigroup bans traders from using Bloomberg terminal chat groups.Continue reading...
Posted by Sheila Shayon on May 14, 2013 03:52 PM
BlackBerry is not giving up. At Tuesday's kick-off to its annual developers conference, Canada's embattled mobile brand unveiled the BlackBerry Q5, a lower-priced, more youthful smartphone to broaden its appeal to the mobile market.
The new device, which will be available in select markets in Europe, the Middle East, Asia, Africa and Latin America starting in July, actually brings back old technology with its QWERTY keyboard, a feature that may very well attract users who are averse to touchscreens as well as heavy texters.
"The BlackBerry Q5 gives you the best of everything with its cutting-edge BlackBerry 10 functionality and a physical QWERTY keyboard. It is for youthful fans that are passionate, confident and bold, and it makes it easy for them to have fun, create, share and stay connected," according to a press release.
The brand is hoping to capture young, emerging markets in order to shore up losses from Apple's iPhone and Android devices.Continue reading...
Posted by Dale Buss on April 30, 2013 09:15 AM
ESPN apologizes for comments by commentator after NBA player announces he's gay.
Honda recalls almost 46,000 Fits in North America.
Chrysler sees profit tumble on poorly executed product launches.
Alibaba and Sina form alliance of China online businesses.
Apple files for new technology that tells whether to text or call friends.
Asos prepares marketing drive to grow global brand.
BP reviews safety after oil leak in North Sea.
Best Buy sells Europe unit back to Carphone Warehouse.
BlackBerry CEO questions future of tablets (which brand doesn't have).Continue reading...