Headline Roundup: Olympic Flame Out

GM to present restructuring plan to Opel unions. [NY Times]

German Chancellor Merkel declares GM has repaid its bridge loan. [WSJ]

London's 2012 Olympic logo fails at appealing to youth, incites controversy. [FT]

Wal-Mart's online price war with Amazon heats up, as the box store refuses to cede sales. [NY Times]

Shop Direct may bring UK Woolworths back to the high street with a 200-store chain. [Times of London]

Heinz profits fall 16%. [WSJ]

Stork Craft recalls 2.1 million cribs in the largest crib recall in US history. [NY Times]

(More headlines: Playboy, BBC, paid Twitter, TAG Heuer cellphones).Continue reading...