In the News: Android, GE, GM, McDonald’s and more


In the News

Android is booming thanks to Asia.

Boeing boosts jet prices, drops short-range carrier.
Boston Scientific abandons sale of pain-management unit.  

Brett Favre sits out Vikings vs. Giants game, ends streak at 297 NFL games. 

Comcast tests combo web/TV service.

Costco rebuffed by U.S. Supreme Court in challenge against Swatch‘s Omega watch brand.[more]

Disney releases first official trailer for Pirates of the Caribbean 4.

Facebook shares rise 77% in three months.

Fandango among marketers testing ads on e-books.

Forbes to launch European spinoff.

Gatorade is recovering after focusing brand, according to PepsiCo CEO.

GE to buy Wellstream for $1.3 billion.

Genoptix said to seek buyers, retains Barclays to conduct auction.  

GM is offering $60,000 buyouts to 2,000 workers at 14 plants.[more]

Goodyear makes good on promise to shed farm-tire businesses.

Hooters sues over challenge to brand’s proposed sale.  

Huffington Post turns first annual profit.

Ikea offers $100,000 “Life Improvement” prize.

Kate Middleton‘s engagement photo dress sparks web frenzy.

Lehman creditors weigh competing payout plan.  

McDonald’s says customer database was hacked.

Microsoft aims to outpace; will likely announce new tablets at CES in January.

Morrisons, the UK grocer chain, challenges FIFA over England’s failed 2018 World Cup bid.

MTV music meter scans social media websites for up-and-coming rock stars.

NFL faces hazy future in Minnesota following stadium roof collapse, still embroiled in labor dispute with players.

Nielsen stops measuring U.S. radio.

Nokia delays debut of iPhone rival E7 to improve user experience.

Pfizer boosts shareholder dividend 11%, names new chairman.    

Republican Committee Chief Michael Steele will seek a second term.  

T.J. Maxx absorbs A.J. Wright retail sibling.

Tencent trumps Apple in tech growth ranking.

Thomson Reuters unveils Reuters America, its first aggregated news service, with content partners including

TI bets on analog chips.

Time Inc. hires its first chief digital officer: the IAB‘s Randall Rothenberg.

Toyota remains most-considered auto brand.

Wal-Mart bows out of Russia in wake of X5/Kopeika deal.

Yahoo prepares to cut 5% of its staff as heat turns up on CEO Carol Bartz.

Wall Street continues austerity drive as 70% of Americans favor banning big bonuses.

India rocked by telecom scandal.

& Microsoft co-founder Paul Allen sees lawsuits against Google, eBay, Apple and Facebook dismissed.