Walmart posts mixed results, expects "challenging" quarter; earnings report also discloses $73M expenses related to foreign bribery probes.

Microsoft to Google: We need APIs to fix YouTube app.

Abercrombie & Fitch signs Bangladesh safety agreement as deadline passes for Gap deal.

Apple defends brand (but not Steve Jobs) in US book price-fixing suit.

Boeing and GE hunt for engine defect in 777s.

Campbell Soup uses digital marketing to target Millennials.

Capri-Sun targeted by German ad watchdog for misleading marketing.

Cisco profit is boosted by services.Continue reading...

Google turns in soft quarter as PR fail pummels stock.

HSBC hit by worldwide cyberattack.

McDonald's profit falls as U.S. growth slows.

Abbott study of kidney drug is halted.

Apple's iPad Mini poised to cannibalize sales.

Lance Armstrong endorsement implosion toll reaches $30 million.

BBC director general to testify on Jimmy Savile scandal, as new head of BBC Worldwide named.Continue reading...

We are living at an pivotal moment in history as the dominance of words shifts from print to digital in the biggest change since Gutenberg’s press first made the word accessible to the masses in 1440. Newsweek is the latest victim and after 80 years in print, it's changing its name to Newsweek Global and its format to digital-only.

“Newsweek will transition to an all-digital format in early 2013. As part of this transition, the last print edition in the United States will be our Dec. 31 issue,” stated the official announcement from verteran magazine editor Tina Brown. The veteran magazine editor became editor-in-chief of Newsweek and sister digital news site the Daily Beast in Nov. 2010. The Washington Post had sold the title three months earlier to audio pioneer Sidney Harman for $1.00 and assumption of liabilities, with Brown coming on board as a result of Barry Diller's IAC taking an ownership stake.

Now, it's a new era for the brand, which has been undergoing restructuring since 2008. "We are transitioning Newsweek, not saying goodbye to it," said Brown in a memo to staff. "We remain committed to Newsweek and to the journalism that it represents. This decision is not about the quality of the brand or the journalism, that is as powerful as ever. It is about the challenging economics of print publishing and distribution."Continue reading...

Daily Beast triumphs as Newsweek announces end of print magazine.

Apple loses tablet copyright appeal against Samsung, makes 14 pt. UK apology, reportedly eyes Color Labs, will never resume US manufacturing.

Amazon pushes Kindle to US kindergarten classes.

AOL aims to make email more social with Alto.

Centrum rises on landmark medical study.

China slowdown appears to bottom out.

Facebook rallies on mobile advertising outlook.

In-N-Out Burger opens London pop-up.Continue reading...

Apple shares reach $700 as iPhone 5 shatters sales record.

Belvedere owes Bruce Willis for years of representing Sobieski vodka.

Burberry says strategy won't change as brand brings capes to London Fashion Week.

Chrysler and GM will get a chance at deal similar to new labor accord between Ford and Canadian Auto Workers.

Conde Nast plans French Vanity Fair.

Dole Food to sell businesses to Itochu.

Dos Equis finds some fans unimpressed with Obama endorsement by its "most interesting man" actor.Continue reading...

AT&T plans to open Chicago flagship store today that nods to Apple.

Al Jezeera bets on soccer to win U.S. viewers.

Apple rejects app that tracks U.S. drone strikes.

Barilla makes pasta push in U.S.

Beachbody sees PX90 orders rise thanks to Paul Ryan's abs.

Facebook plans to roll out e-mail and phone-number targeting.

Ford is accused of infringing on fuel-injection patent in F-150.

Hyundai seals wage deal with unions. Continue reading...

KFC degrees now an educational option in the UK.

NBC Universal says Olympics ad sales reach $1 billion.

Roku raises $45M from News Corp. and others.

Alcatel-Lucent to slash jobs after loss.

Amazon and Apple heat up their war on multiple fronts.

Boeing improves forecast.Continue reading...

AT&T posts $4-billion quarterly profit and sells 3.7 million iPhones (click here for highlights).

Amazon pursues careful state-sales-tax strategy.

Apple and Samsung gear up for "patent trial of the century" as Samsung's Galaxy Tab 7.7 is banned in EU.

Apple is expected to beat estimates in today's earnings conference call, if not a blowout.

BMW invests in EV-charging network.

Billabong gets lower takeover offer.

Capital One deceptive-marketing fine "unlikely" to change its strategy.Continue reading...