• FDA Approves Kymriah, A Breakthrough, $475,000 Gene Therapy
    In what it calls an "historic action," the Food and Drug Administration yesterday approved the use of Kymriah (tisagenlecleucel), a cell-based gene therapy for the treatment of patients up to 25 years of age who have an aggressive type of B-cell acute lymphoblastic leukemia (ALL).
  • Toyota Invests In Grab, S.E. Asia's Dominant Ride-Sharing Service
    Toyota has zoomed into the riding-hailing fray by installing technology, and taking a financial position, in Grab, the Singapore-based company that offers nearly three million daily rides through private cars, motorcycles, taxis and carpooling services across seven countries in Southeast Asia.
  • Fitbit Joins The Smartwatch Race With Well-Reviewed Ionic
    ith time running out, Fitbit has unveiled its long-in-development smartwatch, the Ionic. Available for wrists everywhere in October, it may be to its chief competitors what a fitness blog is to an online newspaper's health section - a highly targeted device for the wellness zealot.
  • Expedia's Khosrowshahi Emerges As Surprise Pick For Uber CEO
    After a not-surprisingly contentious weekend, Uber's board has offered its CEO position to Expedia CEO Dara Khosrowshahi after General Electric CEO Jeffrey Immelt, the candidate backed by co-founder and deposed CEO Travis Kalanick, purportedly backed out for lack of support, and Hewlett Packard Enterprise CEO Meg Whitman, the candidate favored by investor Benchmark Capital, reportedly asked for too much control.
  • Amazon Cutting Whole Foods Prices; Competitors Brace For Impact
    Amazon's Jeff Bezos is wasting no time in bringing his Unique Underselling Proposition to Whole Foods. A joint press release yesterday proclaimed "the two companies will together pursue the vision of making Whole Foods Market's high-quality, natural and organic food affordable for everyone."
  • In 'Star Wars' Augmented Universe, All Paths Lead To The Mall
    Just a few short months from the opening of "Star Wars: The Last Jedi," it's time to get that venerable Disney Lucasfilm merchandising machine cranking again. Early this morning, it revealed a force to be reckoned with.
  • Walmart, Google Speak With One Voice In Battle With Amazon
    Walmart and Google are putting their best features forward to take on Amazon together in the voice-activated shopping area.
  • Macy's Names eBay Exec As Prexy, Unifies 3 Units Under Kantor
    Macy's has named eBay SVP Hal Lawton as its president and is combining its merchandising, planning and private brands functions into one division that will organize around five "families-of-business" - Ready-to-Wear, Center Core, Beauty, Men's and Kid's, and Home.
  • Soderbergh's Marketing Experiment Opens To Unfortunate Results
    The conventional wisdom seems to be that Stephen Soderbergh threw the baby out with the marketing budget. Despite a 93% Rotten Tomatoes rating, his $29-million action-comedy "Logan Lucky" finished a disappointing No. 3 at the box office over the weekend - pulling in a measly $8.1 million - after he made a point of doing the promotional thing HIS way.
  • Under Armour Looking To Put Unforced Errors Behind It
    Forget about winning or losing, Under Armour seems to be struggling to figure out how to play the games.
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