7 products Steve Jobs got wrong

(AP) -- Steve Jobs pushed the envelope many times when it came to product design, and the results weren't always pretty. Here are seven products created under his direction that failed commercially or functionally:

Social media pays off for businesses, study shows

(Phys.org)—Customers who connect with a business through social media will go to the business more frequently and contribute more to its bottom line, according to a new study from the University at Buffalo School of Management.

Business culture steers flow of ideas, study says

The business culture that companies emphasize has an effect on new product ideas that bubble back up from the workforce, a University of Illinois marketing study found.

Russian firm to produce cheap electric cars

A Russian auto company, Yarovit-Motors, said Thursday it was preparing to launch a project to produce low-cost electric cars with funding from one of the country's biggest tycoons.

Moody's downgrades LG's outlook to negative

Credit ratings agency Moody's on Thursday downgraded its outlook on South Korea's LG Electronics to negative, saying its position in the mobile phone business has weakened considerably.

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