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12 Jun 2009 10:54

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Biz, U.S.: We’re in a better mood about the economy than we’ve been lately

  • 69 The current level of consumer sentiment, the highest in nine months source
Posted by Ernie Smith • 0 Comments • Permalink

11 Jun 2009 22:34

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Biz: KFC looking for new spokesman; must like whatever the “C” stands for

  • Is the Colonel is getting klinked? Perhaps as recovery from the spectacular failure of their last marketing campaign, KFC is trying to find the new face of their company. To do so, they’re going to MySpace (uhhhh, isn’t everyone who isn’t in a band on Facebook?) and asking for videos until July 7. The winner gets a free lifetime supply of chicken and a free heart attack 15 years from now. source
Posted by Ernie Smith • 0 Comments • Permalink

11 Jun 2009 20:48

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Biz, U.S.: Up in smoke: The tobacco industry is gonna get FDA-regulated

  • The vote In a historic Senate vote, with just 17 votes against it, Big Tobacco will see its cancer-causing product get treated just like a drug. The house already passed a bill We’re sure a bunch of cigarette industry lawyers are freaking out right now. source
  • The vote In a historic Senate vote, with just 17 votes against it, Big Tobacco will see its cancer-causing product get treated just like a drug. The house already passed a bill We’re sure a bunch of cigarette industry lawyers are freaking out right now.
  • The details On top of the longtime TV and radio advertising ban, flavored cigarettes (besides menthol) will be banned entirely, along with print ads in youth-oriented publications and cigarette vending machines in non-adult-oriented places. source
  • The vote In a historic Senate vote, with just 17 votes against it, Big Tobacco will see its cancer-causing product get treated just like a drug. The house already passed a bill We’re sure a bunch of cigarette industry lawyers are freaking out right now.
  • The details On top of the longtime TV and radio advertising ban, flavored cigarettes (besides menthol) will be banned entirely, along with print ads in youth-oriented publications and cigarette vending machines in non-adult-oriented places.
  • Public opinion Is this a good thing? Depends on who you ask. The tobacco companies of course hate it, and wellness groups love it. But some say the FDA isn’t up to the task, considering how nuts their last six months have been. source
Posted by Ernie Smith • 0 Comments • Permalink

11 Jun 2009 20:23

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Biz, U.S.: Big Health mounts a full-on assault against Obama’s plan

  • $6.4 million in 1Q ’09 to change the cycle to hardcore spin source
Posted by Ernie Smith • 0 Comments • Permalink

11 Jun 2009 10:43

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Biz: Was Bank of America strong-armed into taking on Merrill Lynch?

  • A buncha e-mails say yes. Remember the fun times of about eight months ago, when the economy was going in the basement and all these unlikely mergers of huge financial firms happened? Well, Bank of America’s takeover of Merrill Lynch was one. And according to e-mails between the feds and the firm, they may have been pressured into it by Federal Reserve Chairman Ben Bernanke. After the deal went through, BofA’s shares took a nosedive and the government had to bail them out big time. source
Posted by Ernie Smith • 1 Comment • Permalink

11 Jun 2009 10:23

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Biz, U.S.: Is the worst of the job-cutting bloodshed over?

  • -24,000 fewer jobless claims this week source
Posted by Ernie Smith • 0 Comments • Permalink

11 Jun 2009 10:18

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Biz, U.S.: Good: Retail spending went up. Bad: It went up ’cause of gas prices

  • +0.5% the increase in retail sales during the month of May source
Posted by Ernie Smith • 0 Comments • Permalink
 

10 Jun 2009 20:42

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Biz, Tech: The guy behind the iPod and Pre is now Palm’s CEO

  • Jon Rubinstein has a pretty golden touch. Hired at Apple during the company’s dark ages, he devised some of their best products as their hardware chief, including masterminding the iPod, which was a massive success. He retired in 2005 only to get courted by Palm two years later. The fruit of his labor? The Pre, which is off to a decent start. Now he’s the CEO. Go figure. source
Posted by Ernie Smith • 0 Comments • Permalink

10 Jun 2009 20:28

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Biz, Politics: This Boston Globe editorial toon is 23% off, just like their wages

Boston Globe editorial cartoonist Dan Wasserman, per usual, found an entertaining way to express his opinion. source
Posted by Ernie Smith • 0 Comments • Permalink

10 Jun 2009 18:37

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Biz, Tech: CHARGE! Bankrupt GM spends a ton of money on batteries

GM is so focused on trying to reinvent itself that it built this giant frickin’ $25 million lab to make giant batteries for electric cars source
Posted by Ernie Smith • 0 Comments • Permalink
 
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