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Published Date: July 10, 2009
AUTOS
Turning around consumers' perception of the automaker as it emerges from bankruptcy protection poses a huge challenge.
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FINANCIAL CRISIS
Bank of America and other big institutions plan to enforce a cutoff, making it harder to cash vouchers. To protect IOU holders from third-party speculators, the SEC defines the vouchers as securities.If McDonald's espresso-based beverages become popular with customers, the payoff will be huge for Distant Lands Coffee, the fast-food chain's main supplier.COMPANY TOWN
The International Olympic Committee scolds U.S. organizers for moving forward with the venture.RETAIL
Hardly any sector is exempt as discounters, department stores and apparel chains report steep declines and fail to meet Wall Street expectations.Q & A
Those who put photos on Facebook, send messages via Gmail or play Club Penguin are accessing programs and software files stored far away in cavernous rooms containing thousands of computers.ADVERTISING
Two new commercials he filmed before his June 28 death will debut soon, and some older ads will continue airing.BUSINESS BRIEFING
REAL ESTATEENERGY
California could see $2.75 a gallon -- and the nation $2.50 a gallon or less -- before July is over. Supplies are growing as people stay off the road even with the summer driving season underway.Telecommuters who do administrative tasks, usually on a contractual basis, bring specialized skills and don't receive benefits -- or even desks.COMPANY TOWN
Mark Rachesky, a former associate of activist investor Carl Icahn, holds 19.8% of the movie and TV studio's common stock and is a strong supporter of management. Icahn has threatened a proxy war.COMPANY TOWN
CEO Eric Schmidt and co-founder Larry Page talk about Apple's Steve Jobs, shrug off YouTube's lack of profits and tease Microsoft's Bill Gates at the Allen & Co. conference.The Irvine chip maker cancels its $912-million offer for the Costa Mesa firm but may try again later.The eateries must comply with a California law that takes effect Jan. 1, 2011.Firm's loss is less than expected. The broader market also gains, but so-called defensive stocks lose ground.INTERNET
New York's attorney general said Thursday that social networking website Tagged stole the identities of more than 60 million Internet users worldwide by sending e-mails that raided their private accounts.The payments would be much smaller than those that angered Americans in March, but AIG and Obama officials still see them as a minefield.Despite strong figures from discount chains, apparel sellers particularly suffer as consumer spending lags.Researchers say the membership fees charged by Costco or Sam's Club make consumers think they're getting better deals, even when regular stores offer many of the same goods at the same prices. |
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