COMPANIES

Borders Closer to Liquidation; Deadline Passes Without Bidder

America's second-largest bookstore chain moved closer to liquidation as the company has not found a bidder that wants to keep its stores open. There's still hope, as some talks continue, but there's little time left remaining before Borders enters liquidation.
Latest Pictures of Casey Anthony Released from Orange County Jail.

Casey Anthony Headed to Ohio?

America's Most Hated murder suspect Casey Anthony walked out of the Orange County Jail at 12:10 a.m. with attorney Jose Baez, wearing pink T-shirt, jeans and tennis shoes. Anthony acquitted unanimously of the murder of her 2-year-old daughter Caylee, was not particularly emotional while walking out of the prison. She didn't carry anything with her.
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Coronado home of CEO Jonah Shacknai

Medicis Corp. CEO Girlfriend Found Dead, Shares Drop

Rebecca Nalepa, 32, girlfriend of Medicis Pharmaceutical Corp., a pharmaceutical company based in Scottsdale, Ariz., founder and chief executive Jonah Shacknai, was found dead at his California home, one of many in a wealthy neighborhood, Wednesday in what officials are calling suspicious circumstances.
Carmageddon

Will 'Carmageddon' Trigger the 'Traffic Jam of the Century'?

'Carmageddon,' -- the weekend closure of a part of Interstate 405 in Los Angeles for construction and expansion, starts Friday at 7 p.m. PDT and ends Monday at 6 a.m. PDT. Advice from public officials is succinct: don't drive if you don't have to; also: shop and entertain close to home.

Blockbuster Courts Netflix Defectors

The video-rental store Blockbuster is attempting to benefit from the backlash that has engulfed its digital competitor, Netflix, after the latter raised prices this week.
Netflix CEO

Dear Netflix Fans: Get Over It

Netflix's price increase for DVD and streaming rentals was greeted with a massive disapproval from members who were outraged with the 60 percent increase.
McDonald's Beverages

McDonald's Not On Board With Healthier Options Initiative : We listen to our customers...

McDonald's has undergone major changes since it has been pressured over the years for its super unhealthier but cheap options. Its Happy Meal already meets guidelines for the NRA's initiative as it is only 390 calories (4 piece chicken McNuggets, Apple Dippers with low-fat carmel, and low-fat milk.) Here are some of McDonald's healthier options for children and adults.
Netflix Raising Prices

Netflix: Price Increase Just 'a Latte or Two'

Responding to apparent customer backlash over yesterday's price increases, an indifferent Netflix brushed off concerns, comparing the increases to the prices of day-to-day items.
Borders Bookstore

Borders Liquidation is Long Overdue

Borders is nearing liquidation after its takeover bid has been rejected, but that's no surprise to those in traditional publishing circles. For them, Borders has been long gone.
Netflix

Netflix Deflects Rage Over Price Increase, Street Rejoices

Netflix provoked an unprecedented outpouring of backlash across the Internet as the company unveiled plans to raise prices on its movie-rental services, but many across the Street believe the move will bode well for the company in the long-term.
Burger King

Fast Food Sells Healthy Options, But Should We Buy it?

Burger King, IHOP, Chili's, and some 15,000 other restaurants have joined forces to offer more nutritional options on its menus. The measure is in part directed at fighting childhood obesity by offering more healthy options on menus, but the main question is will it make a difference?

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