by Thom Forbes on Jan 11, 7:52 AM
The headlines tells us just how precarious the situation was -- and, in reality, still is -- for Nokia before CEO Stephen Elop got on the honker with a bunch of analysts yesterday and told them their projections for the fourth quarter would turn out to be all wrong when results are formally announced in a couple of weeks.
by Thom Forbes on Jan 10, 7:52 AM
A string of glitches to various systems in Boeing's new 787 Dreamliner seems to be adding up to a nettling public relations problem for the manufacturer. But its executives -- hampered by what they can say publicly because of ongoing investigations -- are assuring both the public and its customers that there's nothing to worry about and, so far, appear to be mounting a successful campaign.
by Thom Forbes on Jan 9, 7:45 AM
Fred Turner had a flash of insight during an elevator conversation with a test-kitchen chef at McDonald's in the 1980s. The result was the Chicken McNugget, which has gone on to rival beef in popularity at the fast-food chain, Stephen Miller and Julie Jargon inform us in the "Wall Street Journal." Turner, 80, died Monday of complications from pneumonia.
by Thom Forbes on Jan 8, 7:49 AM
Edward S. Lampert, the chairman of Sears Holdings and founder and head of its majority shareholder, ESL Investments, took on the additional role of CEO of the retailer yesterday.
by Thom Forbes on Jan 7, 7:51 AM
Vittorio Missoni, 58, an owner of the family-run Missoni fashion business who is generally credited with expanding the Italian company into a global brand, was aboard a small plane that has been missing off the coast of Venezuela since Friday morning. He was traveling with his wife, Maurizia Castiglioni, two friends and two crew members from the resort area of Los Roques to the Simon Bolivar International Airport in Caracas, normally about a 40-minute journey.
by Thom Forbes on Jan 4, 7:52 AM
An AP photo that moved "over the wire," as we used to say, on New Year's Eve showed workers removing the Borders signage from the site in downtown Ann Arbor, Mich., where the defunct bookseller began in 1971. The building's owners are donating the letters to the Book Industry Charitable Foundation for use in raising funds, the caption tells us.
by Thom Forbes on Jan 3, 7:54 AM
Avis Budget Group is buying Zipcar, the 13-year-old company that controls about three-quarters of the $400 million car-sharing industry in the U.S., for about $500 million, causing some dismay among urban hipsters, environmentalists and proponents of "dis-ownership" across the country. But others see the corporate resources of Avis as a good thing, able to propel the borrow-rather-than-buy movement from the economic back roads to the Interstate.
by Thom Forbes on Jan 2, 7:55 AM
Mark 2013 as the year that Robbie Burns, the hallowed Bard of Ayrshire for more than two centuries and muse of Guy Lombardo and the Royal Canadians and a multitude of tipsy warblers, lost his mojo to Psy, the suddenly ubiquitous South Korean whose "Gangnam Style" video has racked up more than 1.1 billion views on YouTube since its debut on July 15.
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