Best Buy faces investor skepticism of its big-box strategy amid stiffening online competition.

BP may avoid gross negligence conviction in Gulf Oil spill.

CBS drops What's Trending web TV series after Steve Jobs flub.

Cisco sets more conservative growth target.

ConocoPhillips tries to fuel more natural-gas use.

Dell sets $5-billion share buyback.

Dreamworks masters YouTube and Zynga marketing.

Facebook chases Google+ with "smart lists" feature.Continue reading...

BMW, Audi, Mercedes-Benz and Porsche hit Frankfurt Auto Show with luxury cars retooled for younger generation, while Maserati brings Jeep-based SUV to Frankfurt.

ConAgra sets deadline for Ralcorp.

Cracker Barrel's new CEO outlines her plan amidst shareholder battle.

Dr. Oz shakes apple juice industry to the core.

eBay hit by criminal probe over use of Craigslist information.

Heineken-sponsored private concert in Brooklyn by Kanye West released by Vevo.

Ikea dispels death of Billy (bookcase) rumors.

KFC Australia pulls campaign claiming free range chickens.

Lady Gaga releases second in series of "fashion films" on YouTube.Continue reading...

When the Frankfurt Auto Show officially opens to the international press on Tuesday before it opens to the general public later in the week, there will be lots of buzz about the huge variety of new production models and concept cars that all are meant to demonstrate essentially one thing: driving fuel-efficiently doesn't have to be boring.

New offerings especially from the home teams of Volkswagen, BMW and Mercedes-Benz are aimed at capturing the imagination of the industry and of future car buyers in a way that the most recent Frankfurt show — two years ago, in the teeth of the Great Recession — couldn't.Continue reading...

Green Bay Packers defend title to win NFL kickoff game, while Bud Light kicks in as NFL sponsor, and Coors Light debuts new campaign.

President Obama presents $447 billion jobs stimulus plan to tough audience.

American Apparel search for plus-size models backfires.

Aquascutum among brands finding new life in China.

Bank of America could shed up to 40,000 jobs.

Facebook complaints can't get an employee fired, judge rules while site adds five languages.

John Galliano  found guilty in anti-racism case.

Glenn Beck launches web TV network.

Google details electricity usage.Continue reading...

Porsche has been the symbol of cool luxury for most of the brand's 48 years, particularly in the ‘80s. So it’s made plenty of appearances on TV and in the movies: Scarface, Cannonball Run, Beverly Hills Cop, and Pretty Woman as well as Miami Vice and The A-Team (“Pity da fool that don’t have a Porsche!”). If you’re lucky (and have so much cash that you don’t know what to do with it), you may even have one in your garage.

The brand icon 911 Carrera has undergone a redesign and will be seen by consumers for the first time ever at the Frankfurt Motor Show in mid-September, according to GizMag.com.Continue reading...

Earthquake shakes East Coast and causes little damage --  but is the Washington Monument now tilting?

Apple suppliers are building a cheaper, 8GB iPhone, Reuters says.

BP paid out $5 billion in Gulf spill claims in first year.

Bank of America has plenty of capital, analyst says.

General Motors launches global review of media-buying operatoins.

Hooters names new CEO.

Porsche unveils new lighter, greener 911.

Saab warns workers about August wages. Continue reading...

Global stock markets rise this morning in last day of trading in wild week.

American Airlines plans to spin off its Eagle commuter unit.

Angry Birds parent Rovio seeks $1.2 billion valuation.

Anheuser-Busch InBev counts on NFL to lift Bud Light in a big way.

Apple holds sway in tablet wars.

Brinker’s increases focus on value at its restaurant brands such as Chili’s Grill & Bar.

Coca-Cola stumbles on Facebook post in Portuguese.Continue reading...

Markets rally as Sunday night's U.S. debt limit deal goes before Congress for a vote today as Twitter explodes over deal.

Airbnb investor suggests ransacked woman is lying.

Al Jazeera English launches in New York.

Ambassador Coffee brand changes hands.

Apple wins dispute over iPods.com domain.

Bank of America hit with new Countrywide lawsuit.

Bloomberg Businessweek to hike paid circulation.Continue reading...