ABC challenges Leno and Letterman with shift of Jimmy Kimmel Live to 11:35 p.m. ET.

Abercrombie & Fitch sales slide as half-naked models begin to underwhelm.

BMW revs motorcycle line as Audi ups threat via Ducati purchase.

Barnes & Noble sees results boosted by Fifty Shades of Grey popularity.

Boston Market pulls salt shakers off tables.

Caribou Coffee inks on-site deal with Jewel grocery chain.

Conde Nast booms overseas.

Dell reports gloomy outlook.

Dos Equis hits streets with fleet of food trucks.

EPrize acquired by private-equity firm.

Fazoli's pivots toward more premium positioning. 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...

The Federal Housing Finance Agency is suing 17 US and European banks and more than 130 individuals on charges of selling bonds backed by mortgages that should have never been packaged into securities. Institutions named including Bank of America, its Merrill Lynch unit, Barclays, Citigroup and Nomura.

Halliburton is suing BP for defamation and misrepresentation, while a key court ruling in the Gulf of Mexico litigation could encourage more lawsuits. Oil and gas production is curtailed in the Gulf, meanwhile, as New Orleans declares state of emergency ahead of storm.

Facebook tests comment translation button.

GM rehires Bob Lutz as an adviser.

Google acquires Zave Networks, a digital coupons platform, as it expands local deals offering.

Hugo Boss releases campaign featuring Orlando Bloom and Sienna Miller in support of African schools.Continue reading...

Apple bows to Israeli pressure on controversial app; iPad dominates tablets.

Facebook passes 750 million users.

Google faces US subpoenas.

Netherlands becomes second country to put net neutrality into effect after Chile.

Nokia reveals first Windows phone.

Nomura (inspired by Wolff Olins?) expands into beekeeping.

Radio Shack leaves S&P 500 Index.

Twitter considers promoted tweets in user timelines.

& America's most wanted criminal, Whitey Bulger (who inspired The Departed), is captured by FBI use of social and traditional media.

Aon plans to spend much of its big cash hoard to buy back shares.

Audi takes aim at toppling BMW.

Bank of America says home-loan business is recovering.

Barbie hits $3 billion in global annual sales as brand shutters China flagship.

Boeing gets a boost from China orders.

Cap’n Crunch gains guerrilla-fueled “success” in social media.

CBS, Warner Bros. and Charlie Sheen are at war, as Sheen apparently plans to sue post-firing.Continue reading...

AOL rolls out homepage redesign amid declines in traffic and ad revenue.

BP and Halliburton challenged by report saying they knew about problem cement before well explosion.

Brett Favre's personal brand is being battered by sexting allegations.

Coca-Cola is on the look-out for another billion-dollar brand.

Conde Nast announces major reorganization and strategy shift.

Credit Suisse deemed tops for consumer M&A advice.

Domino’s Pizza uses radical authenticity in brand makeover.Continue reading...

* Burger King introduces The King in the UK.

* Ford plans to get Lincoln dealers fired up about the brand.

* GE and PepsiCo are among firms recognized for global sustainability efforts by the U.S. government.

* Google and Adobe applaud Apple’s relaxation of restrictions on apps development.

* Honda's CR-Z is coming to a 3D billboard in Times Square.

* Kimberly-Clark UK releases slimline Kleenex Pockets for men.Continue reading...

Japanese bank Nomura raises $5.6 billion to expand into the United States. [Daily Finance]

Microsoft tests web-based platform, LookingGlass, to monitor consumer sentiment about brands across social media in real time. [paidContent]

Squidoo launches Brands in Public service to compile social media feedback about brands, who pay $400 monthly to control content. [Econsultancy]

CBS exec Quincy Smith thinks Hulu is killing TV. [Business Insider]

Burger King announces a partnership with Summit Entertainment for The Twilight Saga: New Moon. [BrandWeek]