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Apple has taken China by storm. A Starbucks can be found on practically every major street corner in coastal cities and beyond. From Nike to Buick to Siemens, Chinese consumers actively prefer Western brands over their domestic competitors. The rise of microbloggers, the popularity of rock bands with names like Hutong Fist and Catcher in the Rye, and even the newfound popularity of Christmas all seem to point toward a growing Westernization. Photos: Chinese Consumer Culture Bloomberg Brands like Starbucks, Prada and Porsche have made deep in roads Consumers in China aren't becoming "Western." They are increasingly modern and international, but they remain distinctly Chinese. But don't be deceived by appearances. Consumers in China aren't becoming "Western." They are increasingly modern and international, but they ... Continue reading →

VON SHARON TERLEP, SUZANNE VRANICA UND SHAYNDI RAICE General Motors will auf Facebook keine Werbung mehr schalten. Die Marketingverantwortlichen des Autobauers hätten festgestellt, dass die bezahlten Anzeigen nur wenig Einfluss auf die Konsumenten hätten, sagten mit der Angelegenheit vertraute Personen. Für Facebook kommt die Ankündigung zur Unzeit – am Freitag will das Social Media Netzwerk an die Börse gehen. Der größte US-Autobauer werde seine Präsenz auf Facebook weiter ausbauen – jedoch über die normale Facebookseite des Unternehmens, über die es Inhalte ohne zusätzliche Kosten verbreiten könne, sagten die mit den Vorgängen vertrauten Personen. Auf das Vorhaben ...VON SHARON TERLEP, SUZANNE VRANICA UND SHAYNDI RAICE General Motors will auf Facebook keine Werbung mehr schalten. Die Marketingverantwortlichen des Autobauers hätten festgestellt, dass die bezahlten Anzeigen nur wenig ... Continue reading →

BY JEAN EAGLESHAM It is a question that has been asked time and again since the financial crisis: How many executives have been convicted of criminal wrongdoing related to the tumultuous events of 2008-2009? The Justice Department doesn't know the answer. That is because the department doesn't keep count of the numbers of board-level prosecutions. In a response earlier this month to a March request from Sen. Charles Grassley (R.,Iowa), the Justice Department said it doesn't hold information on defendants' business titles. "Consequently, we are unable to generate the [requested] comprehensive list" of Wall Street convictions stemming from the 2008 meltdown, the letter ...BY JEAN EAGLESHAM It is a question that has been asked time and again since the financial crisis: How many executives have ... Continue reading →

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