BATTLE CREEK, MI – America’s leading cereal manufacturer, Kellogg’s is suing a Californian non-profit organization, the Maya Archeology Initiative, claiming the nonprofit’s use of a toucan in its logo (left) too closely resembles Kellogg’s famous Fruit Loops cereal icon, Toucan Sam. Apparently Kellogg’s is trying to corner the market on both high-fructose breakfast cereals and cartoon toucan characters. Read the full story

DAYTON, Ohio (Glossy News) –The Chinese, often characterized as “the yellow race,” have found a new friend in a man whose face color reminds them of their grandfathers when angered — orange. There is an old saying in China that goes something like “when my yellow grandfather gets a red face, he is an orange ogre.”

Businessmen from all over China have begun telling this ancient tale again after meeting and speaking with John Boehner, who, for all intents and purposes, has become the number one link between China and the United States Chamber of Commerce. Read the full story

Jackson Hole, WY (GlossyNews): Mired with increasing signals of an unexpected economic slowdown and the possibility of a double dip recession, the Federal Reserve announced a series of “unconventional” programs it is prepared to undertake in order to stabilize the economy. Standing prominently among various initiatives including further quantitative easing, maintaining record law interest rates, and increased buying of sovereign dept, the Federal Reserve plans to begin selling a full line of vitamin supplements are part of a multi-level marketing campaign. Read the full story

New York, NY (BNSE) — Expectations for significant economic growth are foreseen in the second half of 2010, according to a blue ribbon panel of financial, economic, and business leaders. Despite uncertain global economic conditions plagued by mounting international sovereign debt, the panel concludes “substantial upside potential in nontraditional markets which could lay the groundwork for future economic improvements into the first and second quarters of 2011.”

In the panel’s report, several non-traditional and emerging markets were showcased as a guide to savvy investors looking to diversify their portfolios into a higher growth potential orientation while maintaining a more conservative risk exposure. Read the full story

Toyota USA – Irvine, CA (GlossyNews) —  In response to ever-expanding recalls, carmaker Toyota will revamp its marketing and advertising programs to emphasize the “fun and excitement” of sudden acceleration, SUV rollovers and other unique attributes its vehicles have become known for.

“We’re missing the fun factor in all this,” Read the full story

Chicago, IL (GlossyNews) — Complex merger talks now underway between United Airlines, Continental Airlines and US Airways include a landmark cost-cutting measure that will require passengers to clean the aircraft cabin and lavatories before leaving the plane.

“These discussions are all about finding efficiencies,” said an airline source close to the ongoing negotiations. “The fact is passengers are already onboard the plane. Read the full story

HOLLISTER, CA — A group of British executives representing 11 Hollister Co. stores in the United Kingdom suffered through a horrific 48-hour ordeal when they accidentally traveled to Hollister, California, mistaking it for the origin of the eponymous clothing brand. Read the full story