Dollar-wise
Another retailer specializing in low-end product is going gangbusters. Family Dollar enjoyed a 14% boost in quarterly profits (its quarter ended 11/29/08), as low...
Gupta gets the nod
Dr. Sanjay Gupta is not only a practicing brain surgeon, he is also frequently seen on CBS and CNN discussing medical issues. He is...
Clear Channel escapes dry SF toilets
This time we can say that some Clear Channel business already on the books is not going to be flushed down the toilet. It...
Court upholds L.A. ban on billboards
A federal appellate court issued a ruling Tuesday upholding Los Angeles' citywide billboard ban, handing a rare victory to the city in its uphill battle to regulate outdoor signs, reports The LA Times
New deal with Dickey family
With members of the Dickey family, primarily Lew Dickey Sr., buying up hundreds of thousands of shares of Cumulus Media, the family has agreed...
Obama economic plans include aid for business
President-elect Barack Obama appears ready to invest nearly $1T in projects designed to keep Americans working. Another aspect of his plan, however, calls for...
The cons have it
When it comes to consumer confidence, you don’t have to go very far to find bad news. Rasmussen Reports is the latest to discover...
Sirius XM swaps more stock for bonds
In the latest swap, Sirius XM traded 45.2 million shares of its common stock for $6 million face value of its 2.5% convertible notes...
Griffin latest to goof near open mic
Comedian Kathy Griffin thought a commercial was running when she unleashed an objectionable word on a nearby heckler during CNN’s New Years telecast, which...
CBS buys first NY Times front page display ad
The New York Times has begun offering ad placements on its front page below the fold. CBS was the first to appear with a color strip ad yesterday
Reassessing prospects for CBS
Barclays Capital analyst Anthony DiClemente has been reworking his numbers for CBS Corporation. Citing the company’s exposure to “deteriorating TV advertising trends,” he’s cut his outlook for 2009 and
ESPN gets 2010 Pro Bowl
ESPN announced it will air the 2010 Pro Bowl, returning the game to cable for the first time since 2006. In 2008, it was...
77% of Americans blame media for making economic crisis worse
Seventy-seven percent of Americans believe that the U.S. media is making the economic situation worse by projecting fear into people's minds.The majority of those...
Consumers take sourness to new low
Somehow consumer confidence enjoyed a slight uptick in November, but it went away in December, according to the latest thermometer reading by economy watchdog...
USA adds 2.75M
According to the Census Bureau, the United States will enter the new year with 305,529,237 citizens, an increase of 2,743,429 over 2008’s entry tally....