Albertsons scales back retail operation with store closures.
Ben & Jerry’s sues over x-rated Ben & Cherry’s.
Bentley moves US management team to VW HQ.
Bill Clinton helps seal Barack Obama nomination at DNC convention.
Billabong attracts $700 million bid from Bain Capital.
BP unveils new technology to boost oil production.[more]
Coca-Cola becomes first brand to pass 50M Facebook followers.
DC Comics launches Islamic Green Lantern.
Derrick Rose buys slice of Chicago pizza chain Giordano’s.
HootSuite acquires Seesmic “for the users, not the tech.”
ITC, India’s cigarette giant, looks to diversify.
Katie Holmes named new face of Bobbi Brown cosmetics.
Kim Kardashian says social fans convinced her to forge cosmetics partnership.
Liz Lange brands sold to Cherokee.
MTV will test multiplatform ads for PepsiCo, Kraft and Verizon during Video Music Awards.
Net-a-porter founder adds British Fashion Council chair role.
News Corp. cuts Murdoch bonus, citing scandal.
Pinterest sues Chinese cybersquatter.
Qantas bumps British Airways to form alliance with Emirates.
Qatar to launch luxury Qela brand by year-end.
Salesforce.com drops bid to trademark “social enterprise.”
Shell places “not so green” bet on natural gas.
Unilever launches “Locker Room” broadband channel for men on MSN Malaysia.
Yahoo commits to ad technology.