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The Journal Report: Business Insight

Midsize Businesses run SAP

YouTube Ad Push Hits Snags

Google faces challenges in wringing ad revenue from YouTube. Although users of the video-sharing site view clips more than one billion times on most days, the site hasn't been as popular with big corporate advertisers.

• Video: A Napkin Business Model [Video]

Questions For Marka Hansen

Gap

Marka Hansen, president of Gap North America, discusses how the clothing retailer is marketing its brand and how it's returning to its roots.

• Life After the Gap: Must Fold Clothes

Charming Shoppes CEO Resigns

Dorrit J. Bern has resigned as president and CEO of Charming Shoppes, bringing to an end a tumultuous 13-year reign that was questioned of late by some shareholders.

TNS Rejects WPP Offer

Taylor Nelson Sofres rejected a hostile bid by WPP and said it had terminated merger plans with German peer GfK, which is now mulling a counterbid.

Clinton, Bush Advisers Join Forces

Associated Press

Karen Hughes

Former Clinton strategist Mark Penn and former Bush adviser Karen Hughes are teaming up to create a bipartisan consulting organization that will offer a one-stop crisis-communication and public-affairs shop to corporations -- as the political operatives work to burnish their own reputations as well.

Stewart to Sell New Lines at Wal-Mart

Martha Stewart Living Omnimedia will expand its retail partnerships with two new craft lines at Wal-Mart. The new lines will include scrapbook and wedding items.

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Magna Cuts Ad Growth Forecast to 2%

A closely watched forecaster slashed his prediction for 2008 ad-spending growth almost in half to 2%.

Retailers Recalibrate Pitch to Strapped Consumers

Rather than pinching pennies as consumers rein in spending, some retailers are plowing money into standing out from the crowd.

Actors Union Approves Pact With Producers

Members of Hollywood actors' unions approved a new three-year contract in a vote that was closely watched as an indication of whether the larger Screen Actors Guild will be able to continue pressing for a better deal.

Sharp Focuses on Manufacturing

Sharp is building a $9 billion factory complex to make LCD panels and solar panels, and in doing so, the company is betting that keeping manufacturing in-house will give it a big competitive advantage.

Anheuser-Busch Sues InBev

Anheuser-Busch filed suit against Belgian brewer InBev, alleging its $65-a-share offer for the U.S. company is illegal and criticizing the offer as a "bargain price."

• Deal Journal: Show Us the Financing

PAGE ONE
Steelers Shopped to Potential Buyers

Reuters

The storied Pittsburgh Steelers football franchise has been secretly shopped to potential buyers amid continuing divisions among the five sons of the team's founder, Art Rooney Sr. The divisions are a classic example of the challenge facing second- and third-generation owners of a family business. (Team's statement)

• Slideshow: A look back at high points for the Steelers

Brauchli Is Named Post Editor

Marcus Brauchli

The Washington Post named Marcus Brauchli, the former top editor of The Wall Street Journal, as its new executive editor, succeeding Leonard Downie Jr. One of Brauchli's first orders of business is expected to be merging the online and print staffs, which have grown up in different buildings.

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Targeted Ads Raise Privacy Concerns

Cable and phone companies say their growth increasingly depends on being able to deliver targeted advertising, but criticism from privacy advocates is threatening that strategy.

Buzzwatch Blog

Jul 8, 3:57 pm

Daily Diversion: Reality TV Stars Say: ‘I'm Not Here to Make Friends'

Were you under the impression that people who agree to participate in reality-TV shows do so in order to make friends? This splendid compendium on YouTube should clear things up. (Spotted by Buzzwatch on Viral Video Chart.)

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Jul 8, 1:06 pm

Buzz Links: What Reviews of Beck's New ‘Modern Guilt' Album Say

Released on his 38th birthday, “Modern Guilt” marks alt-rocker Beck's eighth and final major studio album for current label Interscope. Co-produced by Brian “Danger Mouse” Burton (half of the musical duo Gnarls Barkley), “Guilt” clocks in at a concise 33 minutes and features Cat Power (stage name of the ethereal Chan Marshall) harmonizing on two [...]

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Jul 8, 12:39 pm

Buzz Links: Implode-O-Meter Explodes; Hollywood Courts Betancourt

IMPLODE-O-METER A HIT ONLINE The economy may be sinking, but business is good for Aaron Krowne, creator of the online Mortgage Lender Implode-O-Meter, reports the New York Times. Launched last year, the site has seen traffic surge as the mortgage industry worsens. Updating it has become a full-time job for Mr. Krowne. HOLLYWOOD ALREADY AFTER HOSTAGE STORY [...]

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Jul 8, 11:05 am

T. Boone Pickens, Facebook Guy? ‘Pickens Plan' Taps Social Networking

T. Boone Pickens: Oilman, financier–and Facebook guy? This morning, Mr. Pickens launched a publicity offensive for his “Pickens Plan,” a call for energy independence that includes greater reliance on wind power. So far, the publicity has included traditional elements, such as a lengthy story in USA Today and an appearance on CNBC's “Squawk Box” this morning. [...]

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Jul 7, 6:20 pm

Ad Watch: ‘Hellboy' Gets Corporate-Synergy Help from NBC, Bravo

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Jul 7, 4:11 pm

Daily Diversion: Can You Understand What Joe Cocker Is Singing?

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Jul 7, 2:28 pm

Buzz Tools: Google Tracks Searches on Obama, McCain at Election Site

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Jul 7, 2:00 pm

Mondegreens and Fanboys: A Guide To Merriam-Webster's New Words