COMPANIES

GM vs. Toyota: Head to Head for No. 1

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While General Motors Corp. and Toyota Motor Co. both say that being profitable and providing the cars that people want to buy is their priority, the question of who will be number one in vehicle sales has nevertheless attracted a great deal of attention.

Bill Gates, Saudi Prince to Buy Four Seasons for $3.7 Billion

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Luxury Hotel chain Four Seasons Hotel Inc. (NYSE: FS), said Monday it had agreed to be bought for $3.37 billion by a group of private investors which include Microsoft Chairman Bill Gates, and Saudi Prince Alawaleed Bin Talal Bin Abdulaziz Alsaud.
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Honda to Make Jets in North Carolina

Honda Aircraft Co. said Friday it will build a new manufacturing plant for its first-ever commercial jets and an adjoining headquarters facility in North Carolina.
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Apple Inc. Settles with Beatles' Apple

The Beatles and Apple Inc. (NASDAQ: AAPL) ended their long standing trademark dispute, possibly paving the way for the band's music to appear on the Apple iTunes online music store.
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GM: Strategy OK Despite Low Sales

General Motors Corp. won't budge from its strategy of reducing rebates and other incentives just because it saw a steep sales drop in January, a top executive said Saturday.GM's sales were off 16.6 percent compared with January 2006.
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Viacom Demands YouTube Pull Videos

Viacom (NYSE: VIA) informed YouTube on Friday that over 100,000 unauthorized clips on its web site – representing 1.2 billion video streams – must be removed immediately from its site.
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'Harry Potter' Mania: Advance Sales Hit Record

Just one day after the announcement that the seventh and last book in the Harry Potter series would be released July 21, Pottermania is raging once again, with e-retailer Amazon.com reporting record advance sales of the heavily discounted book.
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New York, Tokyo Exchanges Shake Hands on New Alliance

The chief executives leading the world's two largest stock markets - the New York Stock Exchange and Tokyo Stock Exchange - shook hands high above the NYSE trading floor before the opening bell on Wednesday, after announcing that the groups will create an alliance that sets the stage for a possible merger or acquisition.
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‘Google' Named Top Global Brand

'Google' was the brand with the greatest impact around the world in 2006 for the second consecutive year, according to the results of a new survey.
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Myspace Sues the 'Spam King'

News Corp.'s (NYSE: NWS) social networking site MySpace filed a lawsuit against the Spam King today, who the firm alleges flooded millions of its members with unsolicited messages.
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Burger King Cranks Up Breakfast Battle

Burger King is introducing one dollar items to its breakfast lineup, looking to compete in the morning market, which is quickly becoming a lucrative and crowded battle ground for fast-food restaurants.
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Mercedes Debuts New C-Class Car

German car manufacturer Mercedes Benz presented the latest version of its entry level compact-car luxury car on Thursday, touting new styling and safety features.
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The Onion to Goes to Washington

Parody publication The Onion Inc. announced that it is expanding its offline publications by opening a new bureau in the nation's capital today.
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Rail Company Tests Low Pollution Technology

Rail transport company Union Pacific (NYSE: UNP) has announced that it has begun testing an experimental technology that can reduce the amount of pollution from a train's diesel engine through a special chemical process.
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NYSE, Others Buy Stake in India's NSE Bourse

The parent company of the New York Stock exchange and three other financial institutions have agreed to purchase a combined stake of 20 percent in the National Stock Exchange of India, a move which contributes to a global trend of financial markets consolidation.
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Delphi to Get $1M Grant from NASA, State

Delphi Corp. (OTC: DPHIQ) announced on Wednesday that NASA and the Michigan Research Institute (MRI) are expected to give a $1 million grant to the firm to promote the development of an advanced welding process that would be beneficial for making vehicles and spacecraft.
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Food Store Marketing Confronts Big Waistlines

With the New Year sure to bring many weight loss resolutions, fast-casual restaurant Boston Market is launching a web marketing promotion to present its food offerings as healthy and affordable solutions for reducing excess belly fat.
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Major Labels Sue AllofMP3.com

ajor record labesl sued Russian music web site AllofMp3.com on Wednesday claiming that the site was profiting illegally from their music.
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Lowe's Names New COO

Lowe's Companies Inc. (NYSE: LOW) on Friday announced the promotion of Larry D. Stone to be the next president and chief operating officer of the firm, effective immediately.
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Black & Decker Slashes Earnings Outlook

Black & Decker Co. (NYSE: BDK) on Friday announced that it had reduced its earnings outlook for the fourth quarter for fiscal 2006, attributing the change to weaker demand by key retailers.
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CBS Launches Record Label With TV, Digital Focus

CBS Corporation (NYSE:CBS) on Friday said it is reintroducing CBS Records in an attempt to give its television producers lower production costs and to gain a share of the growing digital music market.
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Burger King to Open in Japan

Burger King Holdings, Inc. (NYSE: BKC) on Friday announced that it had signed an exclusive agreement with Burger King Japan Co. Ltd paving the way for the first store to be open in the first half of 2007.

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