Posted by Dale Buss on March 28, 2011 10:00 AM
When is a sports car not a sports car? When it’s a minivan – sort of.
In a new advertising campaign for its slow-selling 911, Porsche Cars North America is repositioning the $78,000-to-$143,000 sports car as an “everyday” vehicle.
Think the 911 is only good for its fantasy-fulfillment chops? Think again.Continue reading...
Posted by Dale Buss on March 21, 2011 09:00 AM
AT&T explained why it's shelling out $39 billion for T-Mobile to create America's biggest wireless carrier in a conference call this morning (WSJ.com has more) while Sprint is "left scrambling" and JPMorgan trumps Goldman Sachs with deal.
Japan food brands face consumer fears of contamination as Tepco nuclear plant situation continues. Sony and Nissan are also resuming operations, while YouTube promotes a video people-finder to aid search and rescue efforts. Swiss Re estimates Japan claims at $1.2 billion.
Berkshire Hathaway seeks more big acquisitions — but not technology.
Boeing launches newest 747 on its maiden flight.
Diageo is reportedly weighing a $2 billion bid for Jose Cuervo.Continue reading...
Posted by Shirley Brady on February 1, 2011 06:00 PM
American Apparel gets credit waiver from lenders.
Borders may file for bankruptcy as soon as next week.
BP is underpaying claims, Mississippi charges, as court halts Rosneft talks; new CEO Bob Dudley still seen as bold risk-taker.
Citi seizes control of EMI, paving way for sale.
Comcast and Time Warner Cable sign streaming content pact.
Dow and S&P 500 close at highest level since June 2008.Continue reading...