AB InBev reached a tentative agreement with the U.S. Department of Justice over its disputed $20.1 billion acquisition of Mexican brewer Grupo Modelo, which faces inquiry over Mexico worker deaths.

GE to buy Lufkin for $3 billion in oil-and-gas-industry play.

PepsiCo seeks to patent novel high-protein nutrition beverages.

Adidas stops controversial sale of t-shirts around injured Louisville player Kevin Ware.

AOL CEO Tim Armstrong to be honored for pro-women Makers series.

Apple's former advisor to Steve Jobs admits brand screwed up iPhone naming system.Continue reading...

Apple iPhone 5 sets pre-sale record, inspires queues outside stores.

Express Scripts members now can go back to Walgreens.

Ford becomes focus of talks with Canadian Auto Workers ahead of strike deadline at midnight.

Fox says Nicki Minaj and Keith Urban will join American Idol as judges.

GM is getting resistance from U.S. government over proposal for taxpayer exit from ownership.

HP emphasizes design in turnaround hopes.

Heineken makes over its bottle and enlists James Bond for global campaign.Continue reading...

The New Yorker opened its archives in memory of J.D. Salinger. [Business Insider]

Post-iPad reveal, consumers wait patiently for a reaction from Amazon. [CNN Money]

Wal-Mart consolidates into three regions and reorganizes its operations. [NY Times]

Internet users in China have access to faux Google and YouTube sites. [Boston Herald]

NBC and Comcast collaborate to receive approval for merger. [Washington Post]

Ronald Burkle looking to spend some of his billions on Barneys New York. [WSJ]Continue reading...

With cosmetics companies extolling the benefits of mineral makeup, it makes sense that Shiseido would purchase Bare Escentuals. In an attempt to revamp its global presence and enter emerging markets, the larger Japanese brand will spend $1.7 billion to buy the line that has championed the mineral movement. That should buy a lot of powder.

"Bare had good opportunities for growth internationally, but the size that they are, they needed greater resources. Shiseido provided them so many greater resources... into Europe and into Asia," said Jason Gere, an analyst at RBC Capital Markets.Continue reading...