California’s $20 billion wine industry needs to work harder to entice young consumers who resist conventional marketing, said William Price, a co-founder of buyout firm TPG Capital and chairman of Vincraft Group.
On a warm October afternoon, a steel- framed concrete warehouse north of San Francisco is inundated with grapes. Forklifts bearing fruit from the nearby Russian River Valley deliver their loads to a slow-moving conveyor belt. Flanking both sides, winemaking interns pick out stems and sunburned grapes as they groove to hip-hop music thumping from loudspeakers.
Samsung Electronics Co.’s request to stay a court order barring sales of its Galaxy Nexus smartphone in the U.S. will be ruled on “shortly,” a federal judge said today at a court hearing in San Jose, California.
Rambus Inc. memory chips failed in the marketplace because computer makers found them technically inferior and too expensive, not because of a conspiracy among rival companies, Hynix Semiconductor Inc. and Micron Technology Inc. said at a trial of Rambus’s antitrust lawsuit.
Steve Jobs, Apple Inc.’s late co- founder, confronted Samsung Electronics Co. executives in 2010 after the South Korean company introduced its Galaxy smartphone, Apple’s patent licensing director testified.
Unilever’s forced sale of the Sanex deodorant business is drawing bids and interest from rivals including Procter & Gamble Co., Henkel AG and Colgate-Palmolive Co., people briefed on the discussions said.
Synthes Inc. said it’s in talks about a possible takeover by Johnson & Johnson , potentially the biggest deal in J&J’s 125-year history as it seeks to recover from pulling more than 50 products off the market since the start of 2010.