BP is giving Florida $25 million to salvage tourism ahead of Memorial Day and released new footage (above) of clean up efforts in the Gulf. US Interior Secretary Ken Salazar, facing Congress today over the spill, said weaknesses at his agency contributed to the disaster.
Yahoo is buying news aggregator Associated Content for (reportedly) “slightly more” than $100 million.
Cisco purchased Moto, a small design shop, to shore up its product development.
BestBuy launches digital movie service using CinemaNow brand.
Pfizer is cutting 6,000 jobs.
Aflac and Pixar cook up integrated campaign to promote on Toy Story 3.
McDonald’s hopes smoothies & iced frappes will goose summer sales.
Warren Buffett trimmed his stakes in Kraft Foods, J&J and P&G.
Amazon is launching Kindle for Android phones.
Jim Beam tests interactive TV advertising.