Walmart philanthropic director Sylvia Mathews Burwell expected to be nominated Monday as Obama's budget chief.

India develops a taste for premium beer while officials approve $2 billion Diageo deal.

HSBC set for $23 billion profit as turnaround gains traction.

AB InBev takes to Twitter and newspaper ads to fight watered-down-beer charges.

AIDS drug breakthrough sees infant evidently cured through early use of virus-blocking drugs.

Alfa Romeo reboot marks tough road for Fiat.

American Airlines drops below 60,000 employees for the first time since 1987.

AOL's new Brand Group CEO Susan Lyne lays out her goals.

Asos joins brands using Twitter's Vine for short form social video marketing.Continue reading...

CNBC joins with Yahoo to bolster web reach via content, programming and distribution alliance.

Comcast and fellow U.S. cable operators face DOJ inquiry over treatment of Netflix and Hulu.

New York's proposed big soda ban goes to public comment as former Coca-Cola exec switches sides.

American Express sponsors Kenny Chesney concert for live-streaming on YouTube.

Apple is likely killing Ping.

Burger King's summer BBQ menu rolls out with sweet potato fries and bacon sundae.

Citi partners with USAID to foster mobile commerce in developing nations.Continue reading...

Toys'R'Us, Kmart and Amazon are touting hot toys (while Walmart is promoting layaway options) to kick-start holiday sales this year.

As the traditional "hard eight" weeks of pre-Christmas retail selling expands its tentacles into September, the holiday marketing is revving up earlier than ever, aimed at parents looking to secure the hot toys this holiday season.

First, to Amazon, which has expanded on the sub-brands represented by its Quidsi division (Diapers.com, Soap.com, and the pet-centric Wag.com) with the beta launch this week of YoYo.com.Continue reading...