philips

What Does a $25 Light Bulb Get You?

If all goes as planned, the phase out of incandescent light bulbs will begin next year and continue through 2014, when light bulb makers hope we'll have adopted LED bulbs as our new favorite light source. But manufactures have to overcome a few obstacles before consumers will be ready to make the switch.

Total Recall: GM, Phillips and Miss Bonnie's

General Motors has called back thousands of Impala and LaCrosse sedans for potential fire hazards and stability-control systems. Meanwhile, Philips calls back a compact fluorescent light that can cut. And Miss Bonnie's Gourmet warns that its cheese spread could be contaminated with salmonella.

As TV Sales Lag, Philips Tunes Into Healthcare

Earlier this week, Royal Philips Electronics warned that its television business would post a first-quarter loss. While TV sales have declined, the company says it sees a growing opportunity in healthcare. Greg Sebasky, CEO of Philips's North American operations, discusses the trends driving the growth -- and the challenges ahead.