Posted by Dale Buss on December 23, 2013 09:08 AM
Apple strikes deal with China Mobile, opening door to world's biggest market.
Land Rover faces big to-do list for new US head.
Target offers 10 percent apology discount this weekend but says there are few reports of fraud from massive consumer-data breach, though its store traffic fell.
Bangladesh garment-factory owners are charged in Tazreen fire that killed 112.
Bitcoin runs into avoidance by banks.
Boeing gives union another chance to vote on new concessionary contract.
Cracker Barrel reverses field and decides to sell Duck Dynasty merchandise again.
Daimler considers building another plant in North America.
Darden faces pressure from another activist shareholder.
Fiat resumes talks with UAW about Chrysler stake.Continue reading...
Posted by Dale Buss on December 19, 2013 09:18 AM
Target hit by credit card breach of as many as 40 million customers that started on Black Friday.
Whole Foods stops selling Chobani in favor of non-GMO yogurts.
Chipotle joins fast-casual pizza race.
A&E suspends patriarch Phil Robertson from Duck Dynasty over anti-gay remarks.
Allstate launches new online game to help avoid holiday mayhem.
AstraZeneca buys out Bristol-Myers Squibb in diabetes joint-venture.
Bayer buys cancer-drug partner Algeta for $2.9 billion.
Boeing loses out to Saab in providing fighter jets for Brazil and taps likely CEO successor.
Chevrolet sees a top US marketer leave.
Christie's finalizes appraisal of Detroit Institute of Arts collection.
Daimler gets stake in Aston Martin with engine supply deal.
Darden spins out Red Lobster amid shareholder pressure.Continue reading...
Posted by Dale Buss on December 18, 2013 09:27 AM
American Airlines will pay Cantor Fitzgerald $135 million in a settlement based on loss and damages from the Sept. 11 attacks.
General Mills sees quarterly results miss on lower US sales, rising costs.
Apple draws praise for holiday ad about loner teen and still talks with China Mobile about iPhone deal as it makes new Mac Pro available tomorrow.
20th Century Fox uses part of Walter Mitty budget to help Philippines typhoon victims.
ABC tilts toward female viewers as it remains light on sports.
Academy of Motion Picture Arts and Sciences unveils new logo.
AMC is sued by The Walking Dead creator over payouts.
BASF steps up investment in US.
Boeing names chief of defense, space and security unit as new COO.
BP writes off $1 billion on Brazilian well but makes major find in Gulf of Mexico.Continue reading...
Posted by Dale Buss on December 17, 2013 09:26 AM
P&G will give Pantene ad a global push after Facebook CEO leans in.
GlaxoSmithKline stops paying doctors to promote drugs.
Samsung files EV patents.
Anchorman 2 tie-in with Dodge carries right up to the red carpet.
Boeing authorizes stock actions amid "confidence in the future."
Burt's Bees uses flower art for new lip campaign.
Facebook starts selling video ads and launches 'donate' button for non-profits.Continue reading...
Posted by Dale Buss on December 13, 2013 09:19 AM
Boeing sees collapse of its renewed talks with machinists for 777X work.
Coca-Cola shakes up Americas management.
Ford plans to add 5,000 US jobs in 2014, hatches three new plants globally, and announces driverless-car initiative.
Bolthouse Farms leverages innovative Instagram tech.
DaVinci Wines debuts Facebook promo.
DirecTV explores online-video service and counts on addressable ads for future growth.
Google mulls designing its own server chips in threat to Intel.
Hilton explores creating new hotel brand aimed at affluent Millennials.
Hyundai plans to tout Genesis, Elantra in Super Bowl.Continue reading...
Posted by Dale Buss on December 12, 2013 09:20 AM
Hilton raises more than $2.3 billion in biggest-ever hotel IPO.
Green Mountain introduces college-branded K-Cup brewers.
A&E rebrands Bio as Lifestyle Network FYI.
American Airlines signs big jet deals with Bombardier and Embraer.
Aramark prices IPO at high end.
Avon halts rollout of new order-management system.
Barnes & Noble sees chairman book $40 million loss on company stock sale.
Boeing gets new offer from machinists in Washington on 777X factory.
ExxonMobil presses to be able to export US oil.
Ford board is said to want answers from CEO Alan Mulally about his future.Continue reading...
ready for takeoff
Posted by Mark J. Miller on December 10, 2013 10:03 AM
For years, Airbus and Boeing have had the commercial airline business locked up, but that hasn't stopped Canada's Bombardier from attempting a risky entry into the air space.
Bombardier's CSeries is supposed to finally take flight in September 2014, but air carriers haven't been quick to buy in. So far, the company has 182 orders, including five from Iraqi Airways, and is planning to have 300 by launch date, according to Bloomberg Businessweek.
As the Wall Street Journal points out, those are some pretty low numbers. “Boeing and Airbus … have more than 4,000 combined firm orders for upgraded versions of equivalent and slightly larger single-aisle jets,” the paper notes. As it is now, the Bombardier has invested nine years and $3.9 billion in development of the CSeries, the CBC reports.
The slow sales was likely one reason for the ouster of sales chief Chet Fuller, formerly of GE Aviation, whose responsibilites now fall into the hands of Raymond Jones, a certified commercial pilot and Royal Air Force veteran, according to the Globe and Mail. Continue reading...
Posted by Dale Buss on December 10, 2013 09:15 AM
Abercrombie & Fitch renews contract with CEO.
Boeing holds tax-breaks "bake-off" between states.
Chobani enters Super Bowl for first time.
Dr Pepper Snapple smells trouble with sewage in Houston.
GM names Mary Barra, industry's first female CEO, to succeed Dan Akerson, report says, while US loses $10.5 in bailout, which a study calls a financial success; meanwhile, company vacillates over ending Australia operations.
Jeep partners with NBCUniversal for Cherokee.
Kawasaki plants marketing seeds for '14.
Kia launches new Red Zone sub-brand for tuners.
Lululemon names new CEO as founder steps down as chairman. Continue reading...