In the News: LVMH, Nokia, GM and more

LVMH acquires storied French luxury brand Arnys.

Nokia to cut 10,000 jobs, sells Vertu luxury brand.

GM plans to close Opel factory in Germany.

Amazon and Google rush to wrap up new gTLD domain-name suffixes with ICANN.

Applebees sees franchisee's new marketing campaign diverge controversially from corporate brand.

Aung San Suu Kyi warns investors off Myanmar's state oil and gas firm on historic visit to Europe.

Coca-Cola renews sponsorship of BET's 106 & Park.

Facebook launches real-time bidding for "Marketplace" ads.

GE promotes new refrigerator in online-only video.

HGTV deals with accusations that House Hunters is faked.

Kia returns for Vans Warped Tour.

McDonald's downgraded by Goldman Sachs on disappointing European sales.

Nissan spreads its wings at 24 Hours of Le Mans.

Ohio tourism officials red-faced over #Sandusky hashtag promotion.

Pepsi sponsors street soccer competition in key U.S. Hispanic markets.

Rovio teams up for Angry Birds promotion with Philadelphia Eagles of the NFL.

Starbucks faring worse than expected in Europe.

Time sells magazines on Apple Newsstand.

WPP is hit by shareholder unrest.