IBM may sell part of its server unit to Lenovo, misses estimates for first time since 2005 and struggles to deal with mobile computing shift.

AB InBev reportedly strikes deal with US on Modelo acquisition, as Busch heir resigns from NRA in wake of gun control bill's defeat in US Senate.

Dell sees Blackstone end its pursuit.

Adidas brings out "Boston Stands As One" t-shirt as CVS Caremark pledges to raise money for bombing victims, along with JetBlue and other companies.

Al Jazeera pushes back U.S. launch date.

Amazon may be unveiling mobile payments solution according to patent filing. 

The Atlantic magazine plans to launch paid digital content.

Avis taps celebrities to target "professionals" in new ad campaign.

BBC America and Twitter announce content-sharing partnership.

Boeing may see FAA clearance for Dreamliner as early as today.Continue reading...

Apple joins Google in $500M+ bid for Kodak patents; smacked by USPTO as 'Steve Jobs Patent' for iPhones and iPads deemed invalid and Siri secrets revealed.

Diageo seen as unlikely to bid for Beam following UK report that drinks giant talked to Suntory about joint bid.

Barnes & Noble cuts Nook price from $99 to $79.

Michael Bloomberg weighs making bid for The Financial Times, which includes the paper and a half-interest in The Economist. 

Caribou Coffee celebrates 20th anniversary.

Carlos Slim brings Telcel brand to U.S. for Mexico calls.

CVS Caremark reportedly aims to acquire drug-store chain in Brazil.

Chili's begins soft rollout of new menu items.

Darden Restaurants looks to retool value proposition for its Olive Garden and Red Lobster restaurants.Continue reading...

Here's to the many brands that have been stepping up in the wake of Hurricane Sandy's devastation on the U.S., providing everything from money to food to power and their employees, products and services to help disaster relief efforts. A partial list of charitable first-responders follows (and if we miss any, please let us know in the comments):

AT&T will extend late-payment windows for wireless and wireline customers, waive late payment fees and not disconnect services because of non-payment, and in an unprecedented open-network arrangement with T-Mobile, will enable roaming to customers of both companies in the impacted areas. AT&T wireless customers can make a $10 donation (up to $50) for Hurricane Sandy relief by texting to relief organizations. AT&T and T-Mobile also joined forces on a wireless roaming agreement, while Verizon Wireless is offering free charging for all cellphones.Continue reading...

Walmart has backed off its goal of becoming the supercenter of health care in America. But the retailing behemoth is still finding ways to expand its footprint in health services as it searches for new areas of growth and tries to take advantage of the shifting landscape in the provision of health care in the United States.

On Monday, Walmart will start offering vaccinations for infectious diseases beyond influenza and pneumonia at 2,700 U.S. stores on Monday: HPV, meningitis and eight other diseases and conditions recommended by the federal government via pop-up kiosks at the front of the stores and a contracted network of registered nurses.

"The goal is to take advantage of the fact that these individuals are in our stores shopping for groceries every day," said Dr. John Agwunobi, Walmart's president of health and wellness, according to the Wall Street Journal. "We want our customers to begin to see us as a destination not just for nutriton but for preventive health care."

But while Walmart may be unique, its health care vision isn't. A number of other retailers, including drugstore chains Walgreen's and CVX Caremark, also have been ramping up the number of injections they provide as well as other health care services. And with American parents mindful of vaccination requirements and wary of the return of their children to school, this is the time of year when brands typically ramp up their health care offerings. Continue reading...

Apple suspends iPhone 4S sales in China after riot breaks out at Beijing launch.

Delta eyes bid for American Airlines, AFP says, and so do others.

MetLife cuts 4,300 jobs as company exits mortgage business.

BMW and Daimler plan to raise U.S. output.

Bank of America ponders retreat from some regions of U.S.

Best Buy sees fallout from holiday delivery foul-up.

CBS talks with David Letterman about a new contract.

CVS Caremark settles deceptive-pricing charges.

Chipotle plans to open second ShopHouse Asian restaurant.

Coca-Cola expands social marketing to Tumblr.Continue reading...

Abbott Laboratories pulls diet drug Meridia over concerns about heart risks.

Beverly Hills expands brand into the perfume and beauty business.

Cnooc, the oil giant based in China, invests in Texas.

CVS Caremark is bullish about business prospects from U.S. health-care reform.

Disney faces marketing and ethics scrutiny over disappointing opening-weekend box-office for Secretariat.

Focus Brands acquires soft-pretzel chain Auntie Anne’s.

Gawker Media chief Nick Denton is profiled in the New Yorker.

Glee beats Beatles singles record.Continue reading...

BP given 72 hours to come up with contingency plans as its claims process was criticized by U.S. Coast Guard, which today toughened its oversight. [Today's BP Watch]

Apple bans competing ads from the iPhone.

British Airways may see more strikes this summer.

Chips Ahoy among snack foods permitted into Gaza by Israeli troops.

CVS Caremark will stop reimbursing Walgreen prescriptions in the U.S.Continue reading...