In a stunning reversal of fortune, the likes of which has never been seen in advertising, mega-retailer Wal-Mart yesterday rescinded its recently awarded $580 … Read the whole story

[Legal] MasterCard International retained sponsorship rights to World Cup soccer after a judge in a scathing 125-page ruling ordered FIFA to drop a $195 … Read the whole story

[Food] New York has a new chocolate district as the 25,000-square-foot M&M; World opened yesterday in Times Square right across the street from a … Read the whole story

[Automotive] Audi posted its best November ever while parent Volkswagen faces a challenge rebuilding its domestic brand, analysts say. Read the whole story

[Beverages] Coca-Cola yesterday named its international chief Muhtar Kent president/COO, filling a slot vacant since 2004. Industry insiders speculated on how marketing and innovation … Read the whole story

[Automotive] Mark LaNeve, GM's chief of North American sales, service and marketing, said three new mid-sized models should make the company a better competitor … Read the whole story