Last-minute retail shoppers outspend the rest of us at Christmas, but that can't save our stocks.» Read More
Chinese Internet company Baidu.com on Thursday posted a sharp rise in quarterly profit on sales fueled by exploding demand for online advertising in the world's second largest Internet market.
Right before his big Game 1 performance last night, I sat down with the most marketable player on the Red Sox--David Ortiz. With the big bat and the great smile, he's the guy everyone wants to hug. This 31-year-old from the Dominican Republic has the most to gain if the team wins its second title in four years.
Minutes after my critique of Fox was published, Fox spokesman Lou D'Ermilio responded to the message I left for him. He told me that Chevy did tape that crowd show with Red Sox fans days before and that Chevy gave them the tape to run.
First let me say that I rarely cover other media since it gets a little tricky, but I'm going to make an exception here. I like Joe Buck and Tim McCarver. I think that for the most part they do a great job. But the Fox sales team is getting a little too aggressive for my World Series taste.
Haven't had much time to blog as I'm out here covering the California wildfires. Wish I could tell you all I've seen but here's at least one slice. For all the problems people sometimes have with their insurance companies, here in Southern California, right now those agents are heroes.
We've heard the Google, Microsoft, Facebook 'story' before, but today's rendition comes with a new sense of urgency: The New York Post, then moments later the Wall Street Journal, report a deal between someone and Facebook is imminent: 24 or 48 hours away.
After much negotiation, and a tussle with Google, Microsoft snagged a new deal with Facebook. MSFT already handles Facebook's ad sales in the U.S., for the next few years at least. This extends the contract to Facebook's international business--already over half its ad business is overseas, and this is the area that has the biggest growth potential.
This is the LIVE BLOG for today's Google analyst meeting at the company's headquarters in Mountain View, California. Get up to the minute posts as the action happens.
The Colorado Rockies take on the Boston Red Sox in Game 1 of the World Series tonight. And we're doing everything we can here at CNBC to take you behind the business of it all like no one else can.
How much pull does Bob Dylan still have with baby boomers? Cadillac is banking on quite a bit. The rock and folk singing legend begins a partnership with Cadillac that kicks off tomorrow with Dylan playing and discussing songs about Cadillac during his Theme Time Radio Hour on XM satellite radio.
With the advent of TiVo, satellite radio and more distractions than ever - it's hard for advertisers to grab consumers' attention, which is why they're venturing into new territory: The mall.Stores, it turns out, are one of the best places to find a captive audience that is ready to shop.
Want to make a lot of money? Be the James Andrews of Wii injuries. With 9.3 million Wiis already sold and projected 22.3 million to be sold worldwide by March, the first doctors to advertise as Wii specialists will make a mint. Trust me, I have the worst Wii injury of my life right now and I'm ready to see a Wii doctor.
Fox knows how to produce content--and now its interactive division is producing a special kind of content for the web. But, these aren't just ordinary 'mobisodes:' this is a show created solely for MySpace TV, which is of course owned by News Corp.
The major European indexes closed in the red Friday as fresh record highs in the price of oil and a soaring euro versus the dollar gave rise to economic concerns. Banking stocks were among the worst performers, with the Dow Jones STOXX banking index down 1 percent.
Wal-Mart announced today that it is rolling out a second round of pre-holiday price cuts this time on an additional 15,000 items. The cuts are 20% more than last year, according to Wal-Mart public relations.
"Mad Men," a TV show from Lions Gate about Madison Avenue AdMen in 1960, has been a hit among a very small audience. It airs on a division of Cablevision, Rainbow Media's AMC, which has only 90 million subscribers.
Earlier today, I spoke with Scott Boras about his client Alex Rodriguez. Here's what he had to say. Darren: Obviously you spent the last three days with your client Alex Rodriguez. Do you have a decision as to whether a-rod will opt out of his Yankees contract and test the free market?
With the Cleveland Cavaliers playing the Orlando Magic in China, I decided it would be good to run our story on the marketing of LeBron James on CNBC today. I sat down with him last week to discuss his endorsement roster and other things, including his relationship with Warren Buffett.
Check a chart of eBay these last three months and you'll see a company in rally mode; a rally that is continuing in a big way today and today's momentum comes from an ironic source. Earlier this quarter, eBay wrote down its Skype investment by about 50%...
Gatorade, which is owned by Pepsi, confirmed today that it signed a licensing deal with Tiger Woods. Last month, Golfweek Magazine reported that it was a five-year deal and that it could be worth up to $100 mill