Macy’s to open at 8 p.m. on Thanksgiving
Even Macy’s can’t escape the holiday creep. For the first time in the retailer’s 155-year history, stores will throw open their doors at 8 p.m. on Thanksgiving, according to a company spokeswoman. The extended hours will apply to all stores except where local labor laws would prevent them from opening, a spokeswoman said. In 2011, Macy’s began to open stores at 12:01 a.m. on Black Friday. Macy’s is the latest major retailer to push up its Black Friday hours into Thursday night over the past few years in a bid to generate more shopping. Last year, many retailers, including Best Buy, Target, Wal-Mart and Toys R Us, opened Thanksgiving evening.
500M euro bailout of Alitalia likely to get OK
Shareholders of Alitalia are expected to approve a 500 million euro bailout of the Italian carrier Monday, but it remains unclear how much support the plan might ultimately receive from its largest investor, Air France-KLM. The French-Dutch airline, which owns 25 percent of Alitalia, said Friday that it had consented to an emergency plan hammered out late last week to keep Alitalia flying. But it stopped short of declaring how much of its own cash it was prepared to contribute to an overhaul of the debt-laden Italian carrier, which has been unprofitable for a decade.
BlackBerry seeks to reassure with letter
In an effort to tamp down the concerns of customers and investors over the uncertainty of its future, Canadian smartphone firm BlackBerry is mounting a major media campaign to tell the world that it’s not going anywhere. In an unusual public move, BlackBerry is taking its plea to customers in an open letter set to publish in major media outlets — including the Washington Post and the Wall Street Journal — to “set the record straight” about the firm’s viability for the future, said Frank Boulben, BlackBerry’s chief marketing officer. It is set to appear in Tuesday morning papers around the world.
Microsoft promotes ‘phablets’ software
Microsoft unveiled Windows Phone software for smartphone-tablet hybrids as well as more powerful chips as the company plays catch-up to Google and Apple in mobile devices. A bigger start menu with higher-resolution displays will enable the software to run on phones with five- and six-inch screens for the first time, Microsoft said Monday in a blog post. The update to Windows Phone 8 will roll out to developers Tuesday and customers in the coming months.
Netflix reportedly in talks with cable firms
Netflix is in talks to add its application to the set-top boxes of U.S. cable-television operators, letting customers search for Web-based movies and television shows alongside traditional programs, according to people familiar with the matter. The largest subscription-streaming service has had discussions with providers including Comcast and Time Warner Cable, the sources say.