In the News: BBC, Facebook, GM and more


Happy Thanksgiving to our American readers! Businesses prepare for Black Friday rush as record number of US retailers (including strike-threatened Walmart, Kmart, Target and Toys R Us opening on Thanksgiving) and consumer sentiment remains “shaky.” Google notes American Thanksgiving with homepage logo nod to Macy’s parade (above) and a round-up of holiday links.

Apple must disclose HTC deal to Samsung.

BBC praised for appointing outsider — Royal Opera House CEO Tony Hall — as director general.

BlackBerry 10 prep revs up RIM outlook.

Coca-Cola enters F1 with Burn energy drink brand sponsoring the Lotus racing team.

Facebook proposes to ends voting that gives users a collective ability to nix privacy policy decisions.

GE retired CEO Jack Welch “unretirement” makes cover of Bloomberg Businessweek.[more]

GM buys Ally’s international auto-finance businesses for $4.2 billion.

HP‘s CEO Whitman raises doubts about turnaround ability.

Orange launches free app for free calls and texts.

P&G targets innovation output 60:40 between large, established sectors and new categories.

SABMiller reports higher profits on emerging markets.

Sony and Panasonic credit ratings cut to junk status for the first time. 

Sun-Maid Raisins brand is turning 100 in December.