Business Diary: 01/05/2010
Saturday 01 May 2010
Warren Buffett gets his own cartoon show
He has already made a cameo appearance in The Simpsons, but now the world's best-known investor, Warren Buffett, is to get a cartoon series all of his own.
A Squared Entertainment will today premiere its Secret Millionaire's Club, "inspired by the teachings of Warren Buffett". The great man apparently has to mentor a bunch of children who want to learn about the business world. "Together they explore concepts such as supply and demand," the producers tell us. Maybe we'll just stick to The Simpsons.
Kirkham came in from the cold to sell DFS
So what did it take in the end to persuade Lord Kirkham to sell his furniture group DFS to Advent, just weeks after insisting that he'd be keeping it as he didn't need the cash on offer? Well, £300m no doubt helped, but maybe the clincher was the promise of a warm welcome home – the DFS founder completed the deal via satellite phone as trekked to the North Pole with his mate Malcolm Walker, the former boss of food store Iceland.
Has the Co-op deal come a cropper?
In the run up to the takeover of Somerfield by Co-operative last year, more cynical retail analysts wondered about the clash of culture between a business built up by hardened private equity folk and the cosy world of mutuality. Now Retail Week reveals all is not going entirely well with the deal – Somerfield sales are down around 13 per cent. Co-op insists that simply reflects its decision to cut the grocer's high prices.
Bye-bye Crozier, hello better PR, says Royal Mail
Looks like Royal Mail wants to cleanse itself now boss Adam Crozier has quitto run the show at ITV. Despite employing the services of five separate public relations agencies, it's fair to say Royal Mail hasn't always had the best publicity under Crozier. Now he's off, it is putting the contracts out to tender.
Sales of the tablet are set to fall again, say analysts
Met Police confirm there was a 'minor disturbance' and that no-one was arrested
George Lucas criticises the major Hollywood film studios
Does Chris Grayling realise what a vague concept he is dealing with?
Trend which requires crisps, a fork and a strong stomach is sweeping Mexico's streets
Parties threaten resort's image as a family destination
I Am Bread could actually be a challenging and nuanced title
- 1 Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
- 2 Banksy arrest hoax: Internet duped by fake report claiming that the street artist's identity has been revealed
- 3 Are you ready for Crazy Doritos, the red-hot snack food craze sweeping Mexico’s streets?
- 4 Drink alcohol and eat meat to improve male fertility - but cut down on coffee, studies suggest
- 5 Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
Isis in Kobani: US loses patience with Turkey and resupplies Kurdish fighters by plane - then Ankara allows reinforcements through
Jack the Ripper: Scientist who claims to have identified notorious killer has 'made serious DNA error'
Banksy arrest hoax: Internet duped by fake report claiming that the street artist's identity has been revealed
Super-sized ships: How big can they get?
Brian Harvey turns up at Downing Street and 'demands to speak to Prime Minister'
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Residents should throw a street party and mix with immigrant neighbours, councils told
London bus driver allegedly kicks gay couple off for kissing
Russell Brand threatened with arrest after filming outside Fox News headquarters
Amal Alamuddin calls for the return of the Elgin Marbles from Britain: 'Injustice has persisted for too long'
Lord Freud: Tory welfare minister apologises after saying disabled people are 'not worth’ the minimum wage
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