In the News: Walmart, ING Direct, Playboy & more


In the News

Airbus may develop longer-range plane to rival Boeing.

Apple tucks Newsstand into WWDC announcements.

AT&T‘s bid for T-Mobile is supported by Microsoft and Facebook.

Barack Obama‘s chief economist, Austan Goolsbee, resigns.

Bayer prostate-cancer drug shows promise.

BHP Billiton starts first US Gulf well since BP disaster.

BP tries to salvage Rosneft deal.[more]

Disney employees brace for layoffs.

Eliot Spitzer commiserates with Anthony Weiner as Dems back away.

EU splits over proposal for “Made in” country labeling.

Facebook becomes tool to serve legal papers.

Ford gets in sync with trend toward small cars and sets high targets for expansion in Asia.

GE and Capital One reportedly compete to acquire ING Direct.

Glamour magazine experiences a bumpy year.

Glenn Beck to charge subscription for his online show.

GM failure to match Ford troubles investors.

Groupon moves into direct competition with supermarket loyalty cards, while financial losses may spook IPO investors.

Gucci taps British singer Florence Welch as new face of brand.

HSBC agrees to pay $62.5 million to settle Madoff-related suit.

HTC reports a blowout May.

IBM offers cash-strapped mayors smarter city-in-a-box, while Panasonic develops smart town in Japan.

Ikea UK plans furniture line catering to British taste.

Lady Gaga experiences wardrobe malfunction at CFDA Awards.

Odwalla expands plant-a-tree program.

Paris Hilton launches motorobike racing team.

PepsiCo adapts in India.

Playboy Club‘s London opening faces angry bunny protesters.

Prada eyes $3 billion IPO in Hong Kong.

Quiznos debuts new menu and expansion plans.

Rite Aid promotes skin-cancer awareness.

Scotland faces independence referendum.

Siemens launches sustainability contest in Vietnam.

Six Flags introduces “skip the line” mobile marketing.

Sony unveils Vita, its next PSP device, at E3; and may take years to fix its digital security.

Starbucks stock heats up.

TIME raves about J.J. Abrams and Steve Spielberg’s Super 8.

Twitter links are clicked on more than Facebook links.

Volvo begins overhaul under Chinese ownership.

Walmart boosts employee engagement through private social network, and sees sustainability as revenue driver, as control of the company shifts back to the Walton family.

Zynga launches new mobile game.