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10 Jun 2010 11:08

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Biz: “Chevy” goodbye: General Motors wants Chevrolet to break from past

  • Back in the day, Chevy and Chevrolet were one in the same. But that’s going to change soon. General Motors has started asking staffers to refer to Chevrolet by its full name. Why? They want to keep a consistent message. “Why is this consistency so important?,” a memo, released Tuesday, asks. “The more consistent a brand becomes, the more prominent and recognizable it is with the consumer.” But, uh, Chevy is already one of the most recognizable brands in the world. source
Posted by Ernie Smith • 0 Comments • Permalink

10 Jun 2010 10:18

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Biz: Between searches and Twitter, BP’s PR defense mechanism is in full force

BP’s spending a bunch of money to have the top Google result on “Oil Spill.” Also @BPGlobalPR changed its description to note it’s a parody. source
Posted by Ernie Smith • 0 Comments • Permalink

10 Jun 2010 10:10

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Biz, U.S.: Sucks to be BP, reason No. 39,197: Their stock plummets

  • 15% the amount BP shares fell in the U.S. yesterday
  • 11% the amount BP shares fell in the U.K. today
  • 1997 the last time BP’s stock was this low source
  • » Why the freefall? Well, besides the general “Did you see the oil spill?” response to that question, BP was told to pay workers it laid off as a result of the government’s moratorium on offshore drilling. Which means they’re on the hook for millions of dollars they weren’t before.
Posted by Ernie Smith • 0 Comments • Permalink

09 Jun 2010 10:17

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Biz: BPA: It lines your cans of Campbell’s Soup, and may cause cancer

Like soup, do ya? You’ll like it even more – along with Diet Coke and any other canned food – when you realize it contains BPA, a possible carcinogen. source
Posted by Ernie Smith • 0 Comments • Permalink

08 Jun 2010 11:23

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Biz: Another day, another massive recall, this time from GM

  • 1.5 million vehicles recalled over fiery windshield wiper fluid source
Posted by Ernie Smith • 0 Comments • Permalink

08 Jun 2010 10:47

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Biz: Investors must be scared: Gold hits a record high value

  • $1,251 per ounce of pure, golden gold source
Posted by Ernie Smith • 0 Comments • Permalink

07 Jun 2010 11:15

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Biz: Chrysler blames faulty brakes, wiring for Jeep and minivan recalls

  • 575,000vehicles recalled by Chrysler source
Posted by Ernie Smith • 0 Comments • Permalink
 

06 Jun 2010 22:05

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Biz, U.S.: Real reason we should fear 2012: Our growing national debt

  • $13 trillion in total debt; it could outpace GDP by 2012 source
Posted by Ernie Smith • 0 Comments • Permalink

06 Jun 2010 21:40

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Biz: Bernie’s in the slammah, swagga like a ROCK STAR

  • Their impression almost unanimously was that he landed like a rock star. He was a celebrity, he had groupies, he had people clamoring for his advice, and his autograph.
  • New York magazine reporter Steve Fishman • Talking about his profile piece on Bernie Madoff, which seems to portray him like a Jay-Z like super-celeb for bilking all those rich people out of their money. Madoff reveled in his newfound infamy, and one inmate puts like so: “If I’d lived that well for 70 years, I wouldn’t care that I ended up in prison.” Let’s face it. Is he wrong? source
Posted by Ernie Smith • 0 Comments • Permalink

06 Jun 2010 11:18

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Biz: No way, Jose: BP’s Tony Hayward has no desire to quit over spill

Sure, Tony Hayward knows a thing or three about gaffes, but the BP executive says he’s staying put no matter how much he wants his life back. source
Posted by Ernie Smith • 0 Comments • Permalink
 
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