In the News: BP Planning More Ads


BP shares jump on news it’s capping 10,000+ barrels/day, though its (now $1.25B) cleanup may continue into 4th quarter and claims mount. Despite last week’s ad with CEO Tony Hayward flopping, the company will release new ads as soon as this week. The White House, meanwhile, released its own spill update on Saturday.

Apple is expected to unveil the new iPhone at its developers conference today.

AT&T implements tiered pricing today; app makers worry usage will drop.

Yahoo integrates, introduces Facebook features.[more]

American, Continental and other airlines step up digital processes.

Baskin-Robbins launches premium ice-cream line in the UK.

GM allocates $100M for venture capital fund.

Kellogg’s knuckles rapped by FTC for Rice Krispies health claims.

Reliance is looking to sell a significant stake.

Rolls-Royce sales are up 146%, fueled by Ghost popularity.

Warner Brothers released the logo for the 2011 Green Lantern movie.

Eight officials from Union Carbide were convicted in deadly 1984 Bhopal gas leak.