Marketing

My Fox Spokane Biz

Nike 1st quarter net income falls

Nike 1st quarter net income falls
By MAE ANDERSON NEW YORK (AP) - Nike said Thursday its fiscal first-quarter net income fell 12 percent as the boost from higher sales was offset by increased costs and ad spending. At the same time, the company is facing a slowdown of future orders of its products, particularly in China. The

News Summary: Tempur-Pedic to buy Sealy

News Summary: Tempur-Pedic to buy Sealy
By The Associated Press MATTRESS BEDFELLOWS: Tempur-Pedic International Inc., the 20-year-old leader in foam mattresses, is buying more-than-a century-old rival Sealy Corp. for about $228.6 million in cash. THE DETAILS: Tempur-Pedic will pay $2.20 per Sealy share, which is a 3 percent premium

Public Citizen: State drug fraud cases on the rise

Public Citizen: State drug fraud cases on the rise
By MATTHEW PERRONEAP Health Writer WASHINGTON (AP) - Federal and state prosecutors have collected more than $30 billion from drug companies for alleged fraud and illegal marketing over the last 20 years, according to a new report by consumer advocacy group Public Citizen. The report shows that

Tempur-Pedic buying Sealy for about $228.6M

Tempur-Pedic buying Sealy for about $228.6M
By ANNE D'INNOCENZIO and MICHELLE CHAPMANAP Business Writers NEW YORK (AP) - Mattress rivals Tempur-Pedic and Sealy are becoming bedfellows. Tempur-Pedic, the 20-year-old leader in foam mattresses, is buying more-than-a century-old rival Sealy for about $228.6 million in cash. The

Want some taste with that ice cream?

Want some taste with that ice cream?
By MAE ANDERSONAP Business Writer NEW YORK (AP) - Nonfat cheese that tastes like plastic. Low-calorie soda that leaves a bitter aftertaste. Sugar-free brownies that crumble like Styrofoam. Dieters have learned an important lesson: When you take the fat and calories out of your favorite treats,

Want some taste with that ice cream?

Want some taste with that ice cream?
By MAE ANDERSONAP Business Writer NEW YORK (AP) - Nonfat cheese that tastes like plastic. Low-calorie soda that leaves a bitter aftertaste. Sugar-free brownies that crumble like Styrofoam. Dieters have learned an important lesson: When you take the fat and calories out of your favorite treats,

VW sales chief: European markets remain "tense"

VW sales chief: European markets remain "tense"
PARIS (AP) - Volkswagen's marketing chief says car companies are going to have to live with tough markets, especially in crisis-hit southern Europe. VW's sales and marketing boss, Christian Klingler, told reporters at the Paris Auto Show that Spain's overall market has fallen by half

European carmakers braced for grim future

European carmakers braced for grim future
By LORI HINNANTAssociated Press PARIS (AP) - European carmakers were preparing for a future of labor strife, lower sales and more financial uncertainty as they set out their latest models at the Paris Auto Show on Thursday. France's Peugeot, Citroen and Renault see the event as a chance to

What's missing from pro-gay marriage TV ads? Gays

What's missing from pro-gay marriage TV ads? Gays
By PATRICK CONDONAssociated Press MINNEAPOLIS (AP) - In one TV ad, a husband and wife talk fondly of a lesbian couple who moved into their neighborhood. In another, a married couple speaks of wanting fair treatment for their lesbian daughter. A third features a pastor talking supportively about

Column: Recession unleashes pain on Spanish sport

Column: Recession unleashes pain on Spanish sport
By JOHN LEICESTERAP Sports Columnist PARIS (AP) - With its array of courses and short-sleeves climate, Spain made a natural home for professional golf. In 2011, the land of Seve Ballesteros hosted seven European Tour tournaments, more than any other country. Next year, that could plummet to