Li Ning will invest $10 million and increase its marketing in the U.S. this year as the Chinese sports-apparel maker attempts to become a global brand.
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Global handset sales surged last year, led by smartphones based on Google's Android platform, research firm Gartner said.
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Sokenbicha, a bitter bottled tea popular in Japan, is one of Coca-Cola's global best sellers. Now, the company is hoping it catches on in the U.S.
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In the wake of AOL's deal to buy the Huffington Post, some Madison Ave. executives say that the site's liberal political bent could turn off some AOL advertisers. Others say it's clicks and audience that matter.
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Magic Johnson Enterprises and Ron Burkle's Yucaipa have agreed to invest in Vibe Holdings, the parent company of Vibe magazine and the music-and-dance TV show "Soul Train."
The Bay Area's independent video rental stores are still trying to make a go of it, a daunting challenge in an area where early technology adopters are increasingly gravitating toward streaming movie services.
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