• After Charter Spurns Sprint, Parent SoftBank May Bid For Charter
    One thing seems to be clear in the array of purported offers Sprint and Softbank honcho Masayoshi Son has been making, or intends to make. He wants a big piece of the U.S. cable pie.
  • Coca-Cola Adds Coca-Cola Zero Sugar in U.S., Erases Coke Zero
    Coke Zero is zeroing out in the U.S., to be replaced by Coca-Cola Zero Sugar, which contains the exact same artificial sweeteners - aspartame and acesulfame K - but is said to taste more like regular Coca-Cola which, actually, might be called Coca-Cola Zero Real Sugar since it is sweetened with high fructose corn syrup. But that's another story.
  • Taco Bell And Lyft Want You To Crave Them
    Taco Bell has a solution for Millennials with the munchies after a night on the town: Ask your Lyft driver to drive through one of its locations on the way home so you can pick up that Double Chalupa Box you're craving. Dubbed "Taco Mode" within the Lyft app, a market test over the next two weekend starts tomorrow between 9 p.m and 2 a.m. in Newport Beach, Calif., with expectations that the program will roll nationally by next year.
  • Michael Kors Slips On Some Billion-Plus Jimmy Choos
    Michael Kors has decided that the Jimmy Choo shoes fit, announcing this morning that it is acquiring the luxury brand for roughly $1.35 billion, the latter becoming a wholly owned subsidiary. The boards of both companies have approved the deal, which is expected to close in the fourth quarter. A conference call discussing the transaction begins at 8:00 a.m. ET; a live webcast is available here.
  • Collusion Charges Rattle German Auto Industry
    BMW has denied charges published Friday that it colluded with other German automakers for years on technology including a system to control diesel emissions.
  • Who's Aboard Musk's Hyperloop, 29 Minutes From NYC To DC?
    It was one of those "say what?" Elon Musk moments when, amid the barrage of Trump-related tweets in our feed came this from @elonmusk yesterday morning: "Just received verbal govt approval for The Boring Company to build an underground NY-Phil-Balt-DC Hyperloop. NY-DC in 29 mins."
  • T-Mobile Attracts Customers, Rings Some Bells On Wall Street
    For all of T-Mobile USA CEO John Legere's bluster, he's delivering. The No. 3 wireless carrier yesterday blew away analysts' estimates when it said it had gained 1.3 million total net additions in Q2, including 786,000 phone customers on a post-paid plan, with a record-low churn rate of 1.1%. Its $7.4 billion in service revenues, up 8%, is a record-high for the Bellevue, Wash.-based carrier, according to its release.
  • United's Profits Fly Way Above The Public Relations Turbulence
    Despite all the negative publicity United Airlines received after its forcible ejection of a passenger from an overbooked flight became a social media meme as it bungled the immediate follow-up, the Chicago-based carrier yesterday posted strong sales and profits for its second quarter.
  • Subway Wants Its 40,000 Shops To Freshen Up And Plug In
    In an effort to bolster laggard sales, brighten up its image and provide relief to consumers whose devices need a boost, Subway yesterday took the wraps off a "Fresh Forward" redesign that it hopes will eventually rejuvenate its more than 40,000 outlets dotting the globe.
  • Disney Unveils New Rides, Experiential Plans For Theme Parks
    Somewhat soon in an entertainment galaxy very familiar to legions of fans and day trippers from around the known world, Walt Disney Co. is planning a major upgrade to its Epcot theme park, including a "Guardians of the Galaxy" ride and a "Ratatouille"-inspired attraction in the France Pavilion. Both will be operating by 2021 - the 50th anniversary of the Walt Disney World Resort in Orlando, the complex that hosts it.
« Previous Entries