In the News: Occupy Wall Street, Credit Suisse, Olympus & more


In the News

Occupy Wall Street should be happy with news that Wall Street bonuses will be way down this year and some success for Bank Transfer Day, while protesters in New York will be serenaded by Crosby & Nash in free concert today.

American and Alaska airlines complete world’s first commercial biofuel flights.

American Express lures digital commerce startups with $100M funds.

Australia passes carbon tax.

Best Buy refocuses global expansion plans in new strategy.

Carlos Slim draws protests in Mexico by offering free TV on the web.[more]

Credit Suisse will hand over U.S. client data to IRS.

Dish Network weighs internet TV.

Facebook‘s Mark Zuckerberg goes back to Harvard for recruitment drive.

FTC revises online advertising guidelines in US.

GM finally releases dealers to sell demo Volt models as it cuts off parts supply to Saab and pushes to beat Ford on profit margin.

Kellogg foundation refreshes logo and visual identity.

Kraft launches locally made Oreos in India.

LinkedIn‘s Reid Hoffman hailed as VC rainmaker.

Los Angeles Dodgers and Major League Baseball set auction plan for team.

Olympus admits to hiding investment losses as scandal widens.

PepsiCo extends ongoing business review.

Repsol finds major shale-oil deposit, portending big things for Argentina.

Sainsbury launches surname-based promotion in U.K.

Sony Music plans to dominate the industry.

Tavern on the Green in NYC’s Central Park to become casual restaurant.

Walmart financial business gains from high bank fees.