Grammys surprises include Esperanza Spalding (whose Wikipedia page was attacked by Justin Bieber fans) and Arcade Fire upsets, Eminem win, Lady Gaga’s stage eggsit and sweep for country group Lady Antebellum. More here.
Apple is developing cheaper iPhones.
Boeing passenger jet may benefit from freighter tests.
Chili’s ramps up global growth plans, including Russia.
Chipotle holds down prices despite soaring food costs.
Chrysler dealers aim to cash in on the Eminem Super Bowl commercial.[more]
EchoStar to buy Hughes Communications for $1.3 billion.
Groupon rises unevenly in Japan.
JC Penney succeeds at “dirty little secrets of search,” NYT says.
JPMorgan starts social media investment fund.
Kraft relies on big brands to drive sales and boost retailer relationships.
Merck alum calls for changes to drug advertising.
Motorola buys 3LM, a software startup.
Pandora sets sights on IPO.
Wild Oats Market CEO resigns following child prostitution arrest.
Zynga valuation rises to more than $7 billion.