BC-Business News Digest
â¿¿ GEORGIA-PACIFIC-BUCKEYE TECHNOLOGIES â¿¿ Georgia-Pacific is buying Buckeye Technologies Inc., boosting its product lineup, for about $1.46 billion.
â¿¿ JONES GROUP-CLOSURES â¿¿ Jones Group, a clothing, shoes and accessories maker that owns chains including Nine West and Easy Spirit, says it's closing 170 U.S. stores and slashing jobs as part of a plan to improve profitability.
â¿¿ BRITAIN-LLOYDS â¿¿ Lloyds Banking Banking Group says a mulitmillion pound deal to sell hundreds of branches to Co-operative Group has unraveled. The bank, which is 40 percent owned by taxpayers, said it will now pursue a stock market flotation for the branches.
â¿¿ SWITZERLAND-BASELWORLD â¿¿ The world's biggest trade fair for watches opens this week, a spectacle of luxury items and highly-crafted gadgetry competing in a time of austerity and smartphones.TECHNOLOGY & MEDIA: DIGITAL LIFE-TECH TEST-SAMSUNG GALAXY S4 PHONE NEW YORK â¿¿ I've seen Android phones get better and more powerful over the years, as Google and phone manufacturers pack devices with more and more features. There comes a time, though, when less is more. I'm afraid we've reached that time. By Technology Writer Anick Jesdanun. AP photos. With: DIGITAL-LIFE-TECH-TEST-BLACKBERRY-Q10-PHONE NEW YORK â¿¿ The BlackBerry has finally caught up to the world of touch-screen smartphones. It took time â¿¿ six years, from the launch of the first iPhone â¿¿ and it may be too late to save the company that makes it. But the BlackBerry deserves to be taken seriously again. By Technology Writer Peter Svensson. AP photos. Also: â¿¿ SAMSUNG GALAXY S4 DELAYS â¿¿ Sprint is delaying shipments of Samsung's latest flagship phone, citing "unexpected inventory challenges." â¿¿ EARNS-SPRINT â¿¿ The flow of new customers to Sprint stopped in the latest quarter, even as the company weighs the offers of two corporate suitors. SANDBERG-LEAN-IN CIRCLES NEW YORK â¿¿ "If you lean back, you are denying the universe your greatness. So lean in, shout out, and get comfortable with who you are! Tonight is about teamwork," business coach Franne McNeal told some 100 women crowded into a downtown Manhattan office lounge one evening last week. Sheryl Sandberg, the Facebook chief operating officer whose best-selling book, "Lean In," inspired the meeting, would surely have been happy with the turnout. By Jocelyn Noveck.
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