DALLAS — Blockbuster said Monday it signed a $290 million deal to be brought out of bankruptcy by a group of investors. The offer from Cobalt Video Holdco LLC is a “stalking horse” bid, which Blockbuster hopes will attract other bidders who will offer more. The Cobalt group all hold …
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Kraft Foods wants you to think of Stove Top Stuffing for more than just Thanksgiving. In a new ad campaign that launches Monday, the company will use humor to market the holiday favorite as a yearlong staple.
MILWAUKEE — Wisconsin added 9,500 jobs last month, in part because of a renewed focus on drawing tourists to the state, Gov. Scott Walker said last week. The state added 12,900 jobs in the private sector but lost 3,400 government jobs in June, according to seasonally...
Three members o f Scientific American ‘s editorial staff are joining the conversation this week at the Compass Summit , a conference created to help leaders focus on global challenges and economic opportunities facing their organizations and society. The conference is designed to build on...
Filter out the noise from the current onslaught of corporate earnings reports and you are left with something not terribly encouraging, like the sound of one hand clapping. Just when investors could use a little clarity about the strength of profits this year and how...
Democracy continues to interfere with the European Union's best laid plans.
SAN FRANCISCO — Twitter has redesigned its short messaging service to make it simpler, faster and more personal. The changes were released Thursday in updates to Twitter’s applications for smartphones and tablet computers. Visitors to Twitter’s website should start...
American Airlines is raising U.S. base fares $10 per round trip. If the increase sticks, it would be the seventh broad price hike this year by U.S. airlines, which say they need more revenue to offset rising fuel prices. American Airlines spokesman...
Just days ahead of an official reveal in Geneva, Volvo has gone public with photos, video, and a smattering of details regarding its new V40 hatchback. It’s still not slated for sale in the U.S., which we think is a shame; with Saab’s recent faceplant, Scandinavian options for American buyers are...
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Eager eaters know that gulping a Slurpee or inhaling a sundae can cause that brief seizing sensation known in the not-so-technical literature as “brain freeze” or “ ice cream headache .”
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Sir Mervyn King had to write yet another letter to the Chancellor yesterday as the inflation rate once again overshot the Bank of England's official 2pc target.