Gee Smith walked out of his front door this morning to watch the first round of the U.S. Open at Merion Golf Club. By the end of the day, he might be in his basement with a few hundred other fans.
General Motors Co.’s Cadillac said it selected a new Interpublic Group of Cos. unit to take over the luxury brand’s advertising.
William L. Clayton, an E.F. Hutton & Co. executive and board member who oversaw the brokerage’s advertising campaigns, including “When E.F. Hutton talks, people listen,” has died. He was 83.
Holy prophylactics, Batman!
Japanese shares declined, with the Topix index deepening its correction, after Prime Minister Shinzo Abe’s speech on the country’s growth strategy disappointed investors and the yen strengthened.
Facebook Inc. plans to bolster efforts to keep hate speech off its pages amid complaints the site allowed content that encouraged violence against women, prompting companies to suspend advertisements.
CBS Corp., relying on a prime-time schedule that already outdraws all competitors, will introduce four new comedies and one drama for the new television season.
Jennifer Prentice, a medical- equipment saleswoman in Minneapolis, once had no qualms about dropping $600 or more for Gucci purses. Now she spends $300 for Coach Inc. bags and is filling in her Burberry wardrobe with pieces from J. Crew.
Walter J. O’Brien III, head of equity sales and trading at BB&T Corp. and a mentor to finance-minded graduates of his alma mater, the University of Richmond in Virginia, has died. He was 46.
A billboard is extracting enough drinking water out of humid air to help supply a Peruvian village near Lima with about 96 liters (25 gallons) a day, Clear Channel Outdoor Holdings Inc. said.