BNET Industries
About BNET Industries
BNET Industries gives managers and executives comprehensive daily news and insights for the advertising, automotive, energy, financial services, food, health care, media, pharmaceutical, retail, technology, and travel industries. We bring you critical analysis on new products, executive and board management changes, lawsuits and legal settlements, mergers and acquisitions, deal flow and new investment, and dozens of other crucial business issues.
Industry Articles
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Pharma
Why Levaquin Mass Tort Ruling May Favor J&J
New Jersey Supreme Court's consolidation of cases regarding the antibiotic Levaquin into a mass tort in Atlantic County Superior Court at first looks like bad news for Johnson & Johnson. ...
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Advertising
Citi Cuts WPP to "Sell"; Sorrell Defends "Suicide Pact" on Pay; Attacks Obama on Taxes
As WPP stock fell 7 percent Friday as Citigroup rated it a "sell," on the basis that 2009 may not be the bottom of the recession in advertising. The news ...
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Advertising
Subway Will Use Phelps in Ads Despite Bong Photo
Sandwich chain Subway will feature swimmer Michael Phelps in TV advertising from MMB, Ad Age reported. The news is significant because it answers a question raised by BNET in February ...
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Pharma
In Elan-J&J Deal, Many Unanswered Questions (Wyeth Being One)
Johnson & Johnson's investment of $1 billion for an 18.34 percent stake in Elan raises more questions than answers. It promises to bring Elan's Alzheimer's candidate, bapineuzumab, to market but ...
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Pharma
Source: Sanofi to Ax 60 Jobs at Great Valley, Pa., Site
A source tells BNET that Sanofi-Aventis is to lay off 60-plus staff at its Great Valley, Pa., site. The move came after the company's restructuring statement said the ax would ...
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Advertising
Nestle Exec Had "Tirade" Over News America's Pricing; Mixson Says He Always Does That
News America Marketing president Chris Mixson testified in a Michigan state court that Nestle director of promotional services Glenn Barry flew into a "tirade" over the agency's alleged "punitive" pricing. ...
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Media
FTC to Probe Bloggers Who Take Money to Hawk Stuff
The Federal Trade Commission (FTC) is drawing up guidelines that will allow it to investigate bloggers who promote products, as well as the companies that pay them to do so, ...
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Healthcare
Healthcare Roundup: Wal-Mart Steps Forward, Ryan to Step Down, Novant Expands to Virginia, and More
Wal-Mart Steps Forward – Wal-Mart Stores, the nation’s largest retailer, has endorsed the idea of an employer mandate to cover workers, with three caveats: it must be part of larger ...
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Auto
Diesel Now Costs the Same as Regular Gasoline
German automakers have high hopes that diesel passenger cars will catch on in the United States like they have in Europe. It helps that U.S. diesel prices are down since ...
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Technology
Social Network User Loyalty Erratic
I've mentioned before how social networks are in a fad business. Recent data from Nielsen Online suggests that even more strongly. The rapid change in the fortunes of social media ...
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Retail
Despite Ugly Numbers, Unemployment May Be Poised to Improve
June unemployment numbers from the Bureau of Labor Statistics paint an ugly picture as to recovery hopes, but employment in both the general economy and in retail may be poised to ...
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Travel
Boeing Set to Buy Vought?
The always-reliable FlightBlogger is reporting that Boeing has decided to buy the 787 operations of one of its suppliers, Vought. This would appear to again highlight the difficulty that Boeing ...
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Technology
Yahoo's CEO Carol Bartz Selling More Than $1M in Shares
Every new CEO of a troubled company comes in with rolling thunder and promise that things will be better, telling employees to have faith. So what kind of signal does ...
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Energy
Energy Roundup: Exelon Raises NRG Bid, BP Closes Renewables HQ and More
Exelon bumps up hostile bid for NRG -- Recognizing that NRG has done a good job of blocking its takeover bid, Exelon has raised the offer about 12 percent, to ...
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Travel
Vegas for $20 a Night
If no one believed my previous posts about Las Vegas being clobbered by the recession, they can now see it at one of Sin City's hotels offering rooms for less than $20 ...
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Technology
Tech Companies Whine About State Mandates
There's been talk for years of state governments pushing for taxes on Internet product sales by out-of-state companies. And now you can add pressure for electronics companies to pay for ...
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Media
Gannett Lays off 1,400; Time for a G.I. Bill for Journalists?
Gannett Co. is axing 1,400 newspaper jobs. Fitz & Jen published an internal memo that explains, "Unfortunately, we must take these steps because the advertising environment remains challenged. There have ...
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Energy
China's CNPC Eyes Repsol YPF's Argentine Arm
In yet another sign of China's interest in locking up oil and gas resources for its energy-hungry economy, China National Petroleum Company is reportedly reviving its $17 billion bid for ...
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Technology
New Salesforce Strategy: 'Amplify And Extend'
Salesforce.com doesn't think that large enterprises should have to replace software and infrastructure in which they've already invested huge amounts. Peter Coffee, director of platform research at Salesforce, told me ...
IndustryTop Rated
- Was N.Y. Post's Carlucci the Reason for News America Marketing's Settlement With Floorgraphics?60 votes
- News America Marketing Whistleblower: Clients Were Charged for Ads That Never Appeared47 votes
- News America Marketing's Alleged Plans to Seize Safeway Account Outlined in Suit44 votes
- Compete: Twitter Passes New York Times40 votes
- News America Marketing Group Buys Floorgraphics Just Hours After Settling Spying Lawsuit29 votes
