From Mashable | After a harried day in the office, meal planning may be the last thing on your mind. It might be evident on your face, though.
That’s the premise behind an interactive technology Kraft and Intel recently introduced called the “Meal Planning Solution.” The kiosk-like display, which is likely to show up in at least one retail location this year, is meant to help weary shoppers find new recipes during last-minute grocery trips. Get the full story>>
Signs in a Verizon store promoting iPhone sales. (Reuters)
Verizon Wireless ended online sales of Apple Inc.’s iPhone Thursday evening after what it said was “the most successful first day sales in the history of the company.”
The No. 1 U.S. mobile operator said it ceased pre-orders at 7:10 p.m. after opening limited pre-orders for the device to its existing customers at 3 a.m. Thursday morning. Get the full story »
AT&T Inc. is cozying up to Motorola Mobility Holdings Inc. as the carrier seeks to bulk up its smartphone portfolio running on Google Inc.’s Android operating system in the wake of losing its exclusive hold on Apple Inc.’s iPhone.
AT&T Mobility CEO Ralph de la Vega said the coming Motorola Atrix 4G will be the carrier’s leading device in its portfolio. Mr. de la Vega wouldn’t say how much money the carrier will spend on marketing the device, but he said it would receive amounts similar to campaigns for the iPhone. Get the full story »
The Internet finally has run out of addresses — sort of.
The organization that oversees Internet protocol addresses — numbers that help direct online traffic — doled out the last remaining batches of numbers under the current addressing system on Thursday. Internet experts hailed the event as a milestone in the evolution of the Web, one that will eventually require changes on the part of some companies and users. But it didn’t come as a surprise. Get the full story »
Interest rates are now hovering near record highs, at an average rate of 14.72 percent. And if your credit is bad enough, you could even end up with a rate as high as 59.9 percent APR. Get the full story »
Designer Kenneth Cole. (Reuters)
Fashion house Kenneth Cole Productions became the target of the Internet’s collective wrath after the company’s namesake chairman tweeted a promotion that joked about this week’s escalating protests in Egypt.
The controversy began after the official Kenneth Cole company twitter account posted the tweet at around 10:30 a.m. ET, Thursday: “Millions are in uproar in #Cairo. Rumor is they heard our new spring collection is now available online… -KC.“ The post included a link to the company’s online store. Get the full story »
Reports: Monthly jobs report for January, 7:30 a.m.
Local earnings: Aon Corp., CNA Surety, Female Health Corp., Fortune Brands
Major earnings: Aetna Inc., Clorox Corp., PulteGroup Inc., Tyson Foods Inc.
Mitsubishi Motors Corp. is poised to announce the production of a new vehicle at its Normal plant today in a deal backed by $30 million in government incentives. The deal is expected to breathe new life into a facility that, for years, has operated with an uncertain future.
The plant produces the Galant, Endeavor, Eclipse and Eclipse Spyder, among the oldest and least popular of the Mitsubishi line. The Japanese auto manufacturer has announced plans to phase out their production by 2014, a move that would have eventually meant layoffs in Normal and an end to Mitsubishi production in the U.S. Get the full story »
Kraft Foods Inc. said an appeals court agreed to hear arguments over whether Starbucks Corp. can proceed with taking over distribution of its bagged coffee as planned on March 1.
The U.S. Court of Appeals for the Second Circuit on Thursday said it would hold an expedited appeal, according to Kraft, which must file its argument by Feb. 9. A final ruling on the appeal could come by the end of the month.
Kraft planned to appeal last Friday’s ruling, where the U.S. District Court for the Southern District of New York denied a preliminary injunction that would block Starbucks from taking over the distribution from Kraft in just a couple of weeks. Get the full story »
Boeing Co. and EADS launched dueling advertising campaigns on Thursday as the companies’ bitter battle to capture U.S. refueling aircraft orders valued at up to $50 billion neared another pivotal point.
Boeing and Airbus parent EADS must submit their final proposal revisions, also known as “best and final offers” for 179 new aerial tankers by Feb. 11 after separate meetings with U.S. Air Force officials on Monday, Feb. 7. Get the full story »
Telephone and Data Systems Inc., a provider of wireless products and wired telecommunications services, said Thursday that promotions it offered in response to competition cut into revenues and profits during the quarter that ended in December at its largest subsidiary, U.S. Cellular.
From TechCrunch | SharesPost, a marketplace for private stock sales, released a report Thursday stating that Chicago-based daily deal site Groupon is worth about $6 billion (between $5.95 billion and $6.07 billion, to be exact).
The Verizon version of the Apple iPhone is displayed on Jan. 11, 2011. (Don Emmert/AFP/Getty Images)
On the day the iPhone went on sale for Verizon Wireless customers, the carrier delivered a warning to its heaviest data users: Verizon reserves the right to slow down your access speed.
For the subscribers that fall within the top 5 percent of the network’s data users, Verizon said it may reduce their download speeds for the current and subsequent billing cycles, according to a memo on the carrier’s website. The company said the slow-down would most likely be periodic and during peak hours.
“Our proactive management of the Verizon Wireless network is designed to ensure that the remaining 95% of data customers aren’t negatively affected by the inordinate data consumption of just a few users,“ the memo said. Get the full story »
A rebounding dollar Thursday was a speed bump for a commodities rally that earlier sent copper to a record high and lifted some agricultural and energy prices to their highest since the 2008 financial crisis, keeping inflation fears on the front burner. Get the full story »
Stericycle Inc. said its fourth-quarter earnings increased 12 percent, as sales at the medical-waste disposal company jumped 25 percent.
Net income in the period was $50 million, or 57 cents a share, up from $44.6 million, or 52 cents a share, a year ago. Revenues rose to $393.5 million, from $313.5 million. Acquisitions in the past 12 months contributed about $32.5 million in revenues. Get the full story »
