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Ad group opposes Yahoo-Google partnership

September 8, 2008

A group representing big-spending national advertisers said Sunday it sent a letter to the Justice Department asserting an online ad partnership between Yahoo Inc. and Google Inc. will stifle competition and likely raise prices.

Government takes control of Fannie, Freddie

September 8, 2008

Treasury Secretary Henry Paulson said during a morning press conference if Fannie Mae and Freddie Mac fail it “would affect the ability of Americans to get home loans, auto loans and other consumer credit and business finance."The Bush administration announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.


OPEC to entertain idea of cutting production

September 8, 2008

With oil prices off nearly 30 percent from their highs of almost $150 a barrel, OPEC oil ministers are considering what was unthinkable just a few weeks ago — cutting back output to prop up the price of crude.

Food makers still have appetite for advertising

September 8, 2008

"DiGiornonomics" helps make the case that Kraft's industry-leading brand is a cheaper eat than delivery.Foodmakers may be worried about higher costs for key ingredients, pushing through price increases and still maintaining their profits. But for big names like Sara Lee, Kraft and others, these slim times don't mean doing away with their advertising budgets.


Wall Street hopes for best, readies for worst

September 8, 2008

The stock market has lurched back near its July lows — but Wall Street’s woes are a bit different now than they were then.

Automakers greet Congress with hands out

September 8, 2008

Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and build more fuel-efficient vehicles.

Phelps’ marketing plan going the distance

September 8, 2008

In late September, Kellogg's will be putting Olympian Michael Phelps’ face on 10 million boxes of Corn Flakes and Frosted Flakes. But his agent is looking further in to the future.Olympian Michael Phelps' record-setting performance in Beijing has led to multimillion-dollar endorsement deals, but his road to marketing gold was paved years before he swam a lap in China.


WWE tries for headlock on Japanese market

September 8, 2008

WWE wrestler Maria, left, and Victoria joke around with with Japanese comedian Tamuken during WWE SummerSlam Public Viewing event in Tokyo.  Posing for a snapshot with a glittery championship belt in a packed theater, Seigi Nishiyama was among some 600 fans who can't get enough of World Wrestling Entertainment.


Mortgage giants were blind to bubble

September 8, 2008

Mortgage giants Fannie Mae and Freddie Mac — despite their robust cadre of economists and mortgage experts — failed to heed warnings that the housing bubble would burst.

Would you hire Sarah Palin?

September 8, 2008

Sarah Palin has been dogged by reports of alleged ethics violations, potential inexperience, — and questions of whether she was fully vetted.Since being named to the GOP ticket, Sarah Palin has been dogged by  questions of whether she was fully vetted. Our experts weighs in on what makes for an effective hiring process.








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