Coverage: Takata recall largest in history
Months after coverage began on faulty airbags, Takata is recalling nearly 34 million vehicles, the largest recall of a consumer product. The company is finally admitting its parts are faulty, something that many have seen as a foregone conclusion. The Detroit News had these details about the firm’s decision in a story by David Shepardson: […]
Coverage: Lane Bryant parent to buy Ann Taylor
These brands might not be on the cutting edge of fashion or in areas of growth, but the combination could be one that helps both companies. Lane Bryant is paying $2 billion for Ann Taylor and Loft. And much of the media seems to find the deal a combination of boring and unexciting. The Wall […]
Coverage: Apple boosts maps capabilities
Most iPhone users aren’t fans of the Apple map function. Now, Apple is trying to fix that. On Sunday it purchased Coherent Navigation to boost its offering. TechCrunch had these details in a story by Sarah Buhr: Apple’s Maps navigation technology still lags behind Google Maps. Nearly twice as many iPhone owners prefer to get […]
Coverage: Avon shares climb on fake filing
A fake offer for Avon, which sent the shares soaring, is calling into question the Securities and Exchange Commission’s filing system. The New York Times had this story by Matthew Goldstein and David Gelles with the details: The federal government’s system for filing securities documents may not be as secure as many on Wall Street […]
Coverage: Publishers post directly to Facebook
Facebook is testing a new way for publishers to post their content directly to the social network. The theory is that it will take less time on mobile devices to load and users will see more robust content. The New York Times had these details about the plan in a story by Vindu Goel and […]
Coverage: AOL worth $4.4 Billion
Verizon is making a huge bet on mobile ads – a $4.4 billion one with a brand that is nearly synonymous with big mergers gone wrong. AOL is being purchased for its video and mobile ad ability, and Verizon has big expansion plans. The Wall Street Journal story by Thomas Gryta and Jack Marshall said […]
Coverage: RBS and Nomura misled Fannie and Freddie
Fannie Mae and Freddie Mac won a victory in court Monday after a judge ruled that Nomura and Royal Bank of Scotland misled them about what was in mortgage securities. Bob Van Voris had these details in his story for Bloomberg: Nomura Holdings Inc. and Royal Bank of Scotland Group Plc may face $500 million […]
Coverage: Greece faces deadlines
It’s another critical week for Greece. While the issues with default have been looming for many months, creditors seem to be becoming impatient with their lack of repayment. The Bloomberg story James G. Neuger, Eleni Chrepa and Ian Wishart outlined what needs to happen this week in order to satisfy creditors: Warnings of an […]
Coverage: Fitbit files for IPO
You see them on nearly every wrist (particularly in New York). Now Fitbit is looking to overcome its fad status by filing for an initial public offering. Wearables are hot and the company is looking to capitalize on its name recognition. Yoree Koh had this story for The Wall Street Journal: Fitbit Inc., a pioneer […]
Coverage: E-Commerce giants under scrutiny
European regulators are putting some online U.S. retailers under the microscope as they look into whether some large companies are thwarting online competition. The New York Times had these details in a story by Mark Scott: European officials on Wednesday opened an antitrust investigation into whether large technology companies were impeding competition in online shopping, […]
