In face of health care legislation, drug companies raise prices on brand-name drugs. [NPR]
Saab will cut one-third of its US dealer network after dismal sales. [Detroit Free Press]
Time Warner will spin off AOL on December 9. [WaPo]
Canon will offer €730 million for Oce, Europe's largest maker of printers. [NY Times]
In price dispute, Costco stops carrying Coke. [Bloomberg]
To continue growth, Coke looks towards the urban middle class. [WaPo]
Cost-cutting and increase in demand for accesories boosts Burberry's profits. [NY Times]
Microsoft will launch the Zune in international markets next year. [DigitalMediaWire]
(More headlines: Gucci and Christie's, Playboy, luxury.)
To enhance heritage and fight counterfeiting, Gucci announces partnership with Christie's. [NY Times]
Ruby Tuesday signs overseas franchise agreements in the Middle East and Europe. [WaPo]
Organic chocolate maker Green & Black's looks to become a luxury brand. [NY Times]
National Geographic Channel goes live with new global brand, "Live Curious." [MediaWeek]
Smart Balance announces deal with Oprah trainer Bob Greene, global rights to Best Life [TM] products. [CNNMoney]
To appeal in Asia, luxury brands have to adjust. [NY Times]
Golden Gate Capital denies intent to purchase Playboy. [LA Times]
Social media becomes an integral tool for fashion brands. [NY Times]