In the News: AOL, Chipotle, ConAgra and more

AOL struggles in first quarter, while display advertising business grew.

Chipotle hiring probe expands.

ConAgra (maker of Chef Boyardee, Slim Jim) increases bid for Post cereal owner Ralcorp.

American Airlines offers in-flight streaming to personal devices.

Apple's iPhone 5 faces delay as app revenue projected to hit $3 billion.

Applied Materials to buy Varian Semiconductor.

AT&T, Verizon and T-Mobile scrap "Isis" payment platform for mobile wallet.

CBS turns profit despite tough advertising deals.

GM may report its most profitable first quarter in 11 years.

Glencore values its IPO at $60 billion.

Google exec says 79% of large advertisers don't have a mobile-optimized site.

Hertz uses mascot to make car rental cool.

HP exec spills company's cloud computing plans on his LinkedIn profile.

Intel gets ready to reveals innovative tech.

Marie Claire partners with Vivienne Westwood for sustainability campaign.

Marks & Spencer, Next and other British retailers benefit from weather.

Mastercard profit jumps as consumers spend more.

News Corp. eyes Formula 1 racing; bullish about iPad.

Pandora expands into comedy.

RenRen IPO reports overblown.

Reuters launches live-streaming video service.

Sony taps high-tech sleuths to investigate data breach.

Time Warner profit slides 10%.

TomTom limits police use of location data.

Truvia rises to No. 2 sugar substitute.

US DVD sales plummet as TV ownership drops.

Valvoline and Telemundo partner to promote recycled-oil product.

& President Obama, who's heading to New York's Ground Zero today, drew his biggest TV audience as president with Sunday’s announcement of bin Laden’s death as he also enjoyed a bump in the polls.