October 9, 2011 |
Ketchup does not need to be kept in the fridge, apples sold in supermarkets may have been picked a year ago and there is no proof that hand gel can protect us from swine flu. If we act as if the reverse is true, it is because big consumer brands have bombarded our subconscious — and won. That is the argument of Martin Lindstrom in his latest book, "Brandwashed: Tricks Companies Use to Manipulate Our Minds and Persuade Us to Buy," published by...
September 30, 2011
Did you ever notice that Andy Rooney was the TV equivalent of the cracker-barrel philosopher? The longtime "60 Minutes" essayist, who is stepping down at the age of 92, was a sophisticated former war correspondent, but in his brief commentaries he increasingly played the role of the curmudgeon whose crankiness concealed homespun wisdom. That put him in the company of Will Rogers and Mark Twain, but there also was a little Jerry Seinfeld in him. Or the other way around: Seinfeld's observational humor was part of the Rooney repertoire first.
December 9, 2009
GM may hand over $6.7 billion General Motors Co., which was set to begin making payments next month on $6.7 billion in government loans, is considering paying off that entire sum, Edward E. Whitacre, the company's chairman and chief executive said. U.S. taxpayers would still be owed an additional $45.3 billion in bailout funds. The company hopes to repay at least part of that when it sells stock to the public sometime next year. GM reported last month that it had $42.6 billion in cash at the end of the third quarter.
December 8, 2009 |
A safety scare involving the holiday season's hottest toy cooled off Monday after federal safety regulators quickly put to rest claims that one model of the bestselling Zhu Zhu Pets contained toxic levels of the element antimony. "The Consumer Product Safety Commission confirmed today that the popular Zhu Zhu toy is not out of compliance with the antimony or other heavy-metal limits of the new U.S. mandatory toy standard," agency spokesman Scott Wolfson said. "We will still do our own independent testing at CPSC.
November 3, 2009 |
AUTOMOBILES GM gets OK to buy some Delphi assets General Motors Co. said it has received permission to use $2.8 billion of its government aid to help buy part of troubled auto parts supplier Delphi Corp., the automaker's former parts division. The automaker said in a Securities and Exchange Commission filing that the Treasury Department granted the release of $1.7 billion to acquire "a membership interest" in the new Delphi that emerged from bankruptcy protection.
May 29, 2009 |
Procter & Gamble Co. expects another tough year for sales of consumer products but says it has aggressive plans to build up its market share. The maker of Tide detergent offered a cautious outlook, projecting earnings of $3.65 to $3.80 a share for the fiscal year that begins July 1 -- a growth rate of roughly zero to 4% compared with its estimates for the current fiscal year. Analysts surveyed by Thomson Reuters had projected earnings of $3.91 a share. But analysts said P&G's conservative forecast eased uncertainty after the firm had delayed issuing projections.