Conde Nast shutters Gourmet, Cookie, Modern Bride and Elegant Bride. [NY Times]
Murdoch's News International tests paid web model with Times+ site, free to Times print subscribers. [Telegraph]
WPP's Sorrell urges International Olympic Committee to reach younger audiences by going online. [NY Times]
Brands recognize importance of iPhone apps, but not necessarily their purpose. [NY Times]
Wal-Mart reaps profits through bodega chains in Mexico. [Bloomberg]
Japan's Fast Retailing Co. experiences 6-year sales high as demand surges at Uniqlo. [Bloomberg]
Merrill Lynch brings the bull back to Wall Street with the "help2" campaign. [BrandWeek]
(More headlines: HSBC, France Telecom, Chrysler, Imus, tatler.)
HSBC broadens horizons, moving CEO to China office. [FT]
France Telecom chief executive resigns after 24 employee suicides. [WSJ]
Chrysler Group appoints new chief executives for Chrysler, Dodge brands. [WSJ]
Radio host Don Imus returns to mainstream air waves two years after controversy. [WaPo]
To retain highly skilled employees, Volkswagen expands to produce thermal power stations. [FT]
Tatler celebrates 300 years of publishing. [NY Times]
David Cameron "decontaminates" Tory Party brand. [FT]
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