Sources told Reuters that Nestle had plans to exit from its unprofitable businesses like Jenny Craig.
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Next-generation iPads are trimmer, thinner- report
A TechCrunch report stated that the next generation iPad slated set to be launched in October would be trimmer and thinner.
John Lewis predicts Apple's iPad Mini a bestseller for the Christmas holidays
Retailer John Lewis said Apple's iPad Mini would be the bestselling tablet for Christmas. UK-based retailer John Lewis told The Telegraph that Apple's iPad Mini would be the bestselling tablet this Christmas season.
Apple to launch new iPad on October 22
Apple would be holding an event on October 22 to launch the next-generation iPad, according to technology website All Things D.
Flipkart, India's Amazon, raises additional USD160 million in funding
Flipkart, the largest e-commerce marketplace in India, had raised USD360 million total in investments from its recent funding round.
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Bloomberg reported that Walt Disney Co had planned to stop the issuance of stock certificates in its physical form and issue them in digital form instead.
US Senator John McCain angrily stated that US lawmakers should resolve differences to end the US partial shutdown that caused a halt in military death benefits, according to a Reuters report.
AT&T Inc. would reach a near agreement to sell its wireless towers to Crown Castle International Corp, said sources familiar with the matter.
Manila Electric Company (Meralco) said that its wholly owned arm would acquire a stake from GT Capital Holdings' power generation unit, according to a report from Reuters.
Tweeter Home Entertainment Group was assigned a new trading symbol to avoid investor confusion when Twitter Inc. would start its public offering debut.
On Semiconductor Corp said it would cut 870 jobs at its Sanyo Semiconductor unit as the company seeks to reduce its spending costs, said a Reuters report.
On Tuesday, Finance Minister Luis Videgaray said that Mexico had urged the United States to reach an agreement to raise the nation's debt limits to avoid a possible default that could ruin the international reputation of the country.
US President Barack Obama would nominate the Vice Chairwoman of the Federal Reserve to replace outgoing chairman Ben Bernanke whose term ends in January next year.
Jos. A. Bank had approached Men's Wearhouse for a possible merger although the type of tie-up was not clearly stated, reported the Wall Street Journal.
