Samsung North America has named Marc Mathieu, former SVP of global marketing at Unilever, as its new U.S. CMO, and former CAA Marketing co-CCO Jesse Coulter as U.S. chief creative officer, a newly created position. Their appointments mark the opening of the brand's new New York-based Global Marketing Center of Excellence.

After an ignominious crack up of the Karma plug-in car, and subsequent multi-billion-dollar failure, Fisker Automotive is back and Chinese-owned. Called Fisker Automotive and Technology Group, it will make another go at production of the plug-in hybrid Karma at a new facility in Southern California. Also known as FATG, the company expects to employ about 150 people at the plant it is setting up in Moreno Valley, not far from its U.S. corporate offices in Costa Mesa.

7-Eleven Inc. is teaming with sports book operator William Hill and electronic cash payment system provider PayNearMe. The program gives William Hill Mobile Sports app customers the ability to deposit to their accounts at 7-Eleven stores throughout Nevada. To make a cash deposit on-site at any of the more than 200 7-Eleven stores statewide, customers can generate a payment barcode on their tablet or smartphone screen by selecting the "Deposit Funds" button inside the menu of the Mobile Sports app.

Watchdog group Parents Television Council (PTC) wants McDonald's to stop advertising on Fox's "Family Guy," a cartoon centering on a fictional family, and which airs on Sunday nights. It's not that there's something amiss with McD's ads, it's the show that PTC objects to. Carrying a TV-14 rating, it includes suggestive dialogue about sexual issues.

Richie Rich is worried. One in five respondents with investable assets of $100,000 to $1 million, and 1 in 10 with investable assets of $1 million up to $10 million believe they have too much debt and are living paycheck to paycheck, according to a poll taken by MaritzCX. The survey done last fall found that 45% of mega-affluent people are worried they won't have enough income to last through retirement. And 30% believe they will have to work during that period of their lives.

Got audited for not declaring your kids' lemonade stand? Turns out Wal-Mart Stores Inc. owns more than $76 billion of assets through a web of its own "lemonade stands" all in offshore tax havens around the world. Those are not exactly highlighted in its annual report. But a study published by Americans for Tax Fairness finds the company has at least 78 offshore subsidiaries and branches, more than 30 created since 2009, and none mentioned in U.S. securities filings. Tally: $3.5 billion not declared.

Since returning to the U.S. market last year with its 4C sports car, Alfa Romeo has been a blip in the U.S. sales radar. The goal, though, is more than 100,000 vehicles a year. To help, the Italian maker will bring in an all-new midsize sedan. Meant to replace the aging Giulia, the new four-door is targeting the world's largest luxury car segment. It will be the real test of whether Alfa can meet the lofty expectations set by the long-struggling brand's parent, Fiat Chrysler Automobiles.

Abercrombie and Fitch, Aeropostale, American Apparel and American Eagle are struggling because, according to Neil Saunders, retail analyst at consultancy Conlumino, young adults had trouble finding part-time work during the economic downturn, and because of competition from low-priced fast-fashion stores drew customers away, and teens who used to save their pennies for fashion are now spending on consumer electronics. American Eagle, for one, has started to turn a corner.

As The Gap falls into a crevice, closing 175 stores in North America. Overall there will be 500 stores and 300 outlets left. The company is also cutting 250. A big problem is the store no longer appeals to young adults. "Historically, Gap has had a very distinct look. It was very much about creating uniforms," said Kelly Tackett, research director and retail analyst at Planet Retail.

Activist investor, billionaire casino mogul, and thorn in the side of Chrysler and GM has passed away at age 98. Kerkorian tried to take over Chrysler twice and nine years ago tried to form a deal between General Motors and Nissan-Renault. In 2008 he spent more than $1 billion buying a 6.5% stake in Ford. That made him its largest outside shareholder.