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In the News: Amazon, Facebook, P&G and more

Posted by Dale Buss on February 1, 2012 09:02 AM

In the News

Amazon sees its big spending hurting its profits as Barnes & Noble escalates rift by blocking titles.

Chrysler kicks off monthly auto-sales reports with huge January and posts first annual profit since emerging from bankruptcy.

Darden is sued by restaurant workers' group.

Denny's targets fast-growing Hispanic clientele.

Deutsche Borse and NYSE can't merge, European Commission rules.

Disney takes controlling interest in large media conglomerate in India.

Exxon plans to push on with gas exploration through expected lower prices.

Facebook picks Morgan Stanley to lead IPO

Honda slashes estimate of fiscal-year profits.

L'Oreal's Rachel Weisz ad banned in the UK for airbrushing.

Steve Jobs kept a letter from Bill Gates by his bed as he was dying.

P&G announces 1,600 layoffs including marketers.

Sony taps PlayStation veteran as president.

Starwood perks up loyalty program

Subway goes into 14th year with weight-loss positioning.

Volkswagen plans to hike Passat output and add 200 jobs in Tennessee while GM plans to add 180 jobs with a new stamping plant in Texas.

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