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Motorola sues Huawei for trade secret theft (Reuters)

Reuters - U.S. mobile phone maker Motorola Inc has sued China’s Huawei Technologies Co for alleged theft of trade secrets, highlighting the fast-growing Chinese firm’s difficulty in shaking the nation’s reputation for piracy.

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Motorola sues Huawei for trade secret theft
(Reuters)

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BP engineers prepare for next bid to stop oil flow (AP)

AP - Robot submarines are carrying equipment and cutting small pipes at the bottom of the Gulf of Mexico, preparing to place a cap-like containment valve over the blown-out oil well.

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BP engineers prepare for next bid to stop oil flow
(AP)

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Spain’s Inditex opens first Zara store in India (AFP)

AFP - Spain’s Inditex, Europe’s largest clothing retailer, said Monday that it had opened the first store of its flagship Zara brand in India as part of its push into the fast-growing Asian market.

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Spain’s Inditex opens first Zara store in India
(AFP)

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Coffee, McNuggets fuel McDonald’s April increases (AP)

AP - McDonald’s Corp.’s customers spent more money to buy everything from icy coffee drinks to chicken nuggets in April, boosting a key performance measure, the fast food chain said Monday.

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Coffee, McNuggets fuel McDonald’s April increases
(AP)

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Wendy’s/Arby’s 4Q loss narrows (AP)

AP - Wendy’s/Arby’s Group Inc., the fast-food chain that owns Wendy’s and Arby’s, said Thursday that its fourth-quarter loss narrowed, even though one-time costs continued to dragged down results.

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Wendy’s/Arby’s 4Q loss narrows
(AP)

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Toyota chief visits China amid recall woes (AP)

AP - Toyota President Akio Toyoda’s visit to China to talk about his company’s quality problems reflects the fast-growing Chinese market’s importance to automakers as they struggle with weak global sales.

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Toyota chief visits China amid recall woes
(AP)

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PCs are best for e-reading, Microsoft’s Ballmer says (Reuters)

Reuters - Microsoft has no plans to develop a digital book reader to compete with the fast-growing popularity of Amazon’s Kindle or a device that rival Apple is reportedly developing.

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PCs are best for e-reading, Microsoft’s Ballmer says
(Reuters)

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Xerox to buy ACS to expand back office services (Reuters)

Reuters - Xerox Corp plans to buy Affiliated Computer Services Inc for $5.4 billion following Hewlett-Packard Co into the fast-growing outsourcing and data center management businesses.

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Xerox to buy ACS to expand back office services
(Reuters)

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Facebook buys social media start-up FriendFeed (Reuters)

Reuters - Facebook, the world’s largest social networking site, said it will buy FriendFeed, netting a group of prized ex-Google engineers in the fast-growing Internet business.

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Facebook buys social media start-up FriendFeed
(Reuters)