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Business for Wednesday, January 10, 2007

Apple unveils long-awaited iPhone

SAN FRANCISCO — Apple Computer CEO Steve Jobs on Tuesday made the company’s long-awaited jump into the mobile phone business and renamed the company to just “Apple Inc.,” reflecting its increasing focus on consumer electronics.

Judge lifts ban on YouTube in Brazil

SAO PAULO, Brazil — A judge reversed course Tuesday and lifted an order that led to a ban of YouTube in Brazil because a sexy video of supermodel Daniela Cicarelli had circulated widely on the video-sharing site.

Investors to get exec pay info — in plain English

Investors will soon have a new scorecard designed to lay out in plain English just how much pay and perks are being lavished on top executives at public companies. If the goals of federal regulators are met, you won’t need an MBA to decipher the numbers.

Napa Valley briefly

Long Meadow Ranch buys in Tomales

Sirius gives bonus to radio shock jock Stern

NEW YORK  — Sirius Satellite Radio Inc. paid Howard Stern an $82.9 million stock bonus Tuesday after the company beat a subscriber target set two years ago when it lured the star shock jock away from terrestrial radio.

Talbots lowers fourth quarter expectations

BOSTON — Women’s apparel retailer Talbots Inc. said Tuesday it expects to break even in the fourth quarter rather than post a profit because of recent slow sales at its Talbots stores and the J. Jill brand it acquired last year for $517 million.

10 Questions for Jim Asbury

 Each Wednesday the Napa Valley Register’s Business Focus features “10 Questions” for a local entrepreneur. Readers are welcome to suggest businesspeople to be profiled.

Gannett, Tribune, McClatchy in talks about national network for online advertising

10:40 a.m. NEW YORK -- The three largest newspaper publishers in the country are in talks to create a national network to sell online advertising, hoping to claw back some of the ad dollars that have been migrating to the Internet.

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