Advertising, Entertainment & Media
The drop in U.S. demand for high-end jewelry in a slumping economy is having ripple effects around the globe as stores close, workers are laid off in mass in the diamond-polishing factories of Gujarat, and countries like Botswana experience a dramatic drop in diamond revenue.
Wal-Mart Stores, facing a raft of state legislation that would require it to increase spending on employee health insurance, will lift several of its long-standing - and most-criticized - restrictions on eligibility over the next year, the giant retailer said this morning.
The CEOs of three-quarters of the world's 100 largest companies have just completed an uncomfortable weekend at the tiny Swiss ski resort of Davos, while their companies' share prices nosedived on global stock markets, amid concern that the U.S. economy is staggering towards recession.
The world's largest energy company is still spending hundreds of thousands of dollars to fund European organisations that seek to cast doubt on the scientific consensus on global warming and undermine support for legislation to curb emission of greenhouse gases.
Science Applications International Corporation has a contract with the Pentagon to run the Iraqi Media Network's Al Iraqiya radio and television station. But Iraqis aren't tuning in.
Network, advertising and production executives say that this season, more and more brands will venture outside the confines of 30-second ads. They may have no choice: As technology and clutter blunt the effectiveness and reach of the commercial spots that have underpinned the television business for nearly 50 years, the various players are scrambling to adapt.
Americans are taking sleeping pills like never before, fueled by frenetic workdays that do not go gently into a great night's sleep, and lulled by a surge of consumer advertising that promises safe slumber with minimal side effects.
Here is a copy of the lawsuit filed by Marc Kasky against Nike, Inc. alleging labor abuses in its overseas manufacturing operations and seeking compensation to California consumers under state laws against false advertising and unfair business practices.