Confirming that endorsement deals still have cachet in a recession, "Transformers" star Megan Fox is pulling down a seven-figure payday to model Armani underwear and jeans.
Read more »Megan Fox to earn 7 figures for Armani ads
http://www.msnbc.msn.com –
Citigroup takes $8 billion in credit losses
http://news.yahoo.com –
Citigroup Inc posted a quarterly per-share loss as it suffered $8 billion of credit losses, raising questions about when the bank can return to sustained profitability.
Read more »Levinson quits Google's board
http://news.cnet.com –
Another executive with ties to both Apple and Google is leaving one company's board of directors. Arthur Levinson, former chairman of Genentech, has resigned from Google's board of directors, effective immediately, Google said Monday. A member of Google's board since 2004, Levinson has also served on Apple's board since 2000.
Read more »SeaWorld has new owner
http://www.mysanantonio.com –
Shamu, the sleek performing killer whale that's synonymous with SeaWorld theme parks, has a new owner.
Read more »U.S. Stocks Rise to Extend Global Rally as Gold Jumps to Record
http://www.bloomberg.com –
U.S. stocks rose, extending a global rally, as investors speculated third-quarter earnings will top estimates and Australia's central bank raised interest rates on signs of economic strength. The dollar weakened, boosting oil prices and sending gold to a record.
Read more »Internet advertising declines in first half of year
http://www.marketwatch.com –
U.S. Internet-advertising revenue fell 5.3% in the first half of 2009 compared with the same period last year, as marketers continued to rein in spending thanks to the downturn, according to a study published Monday.
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