In the News: BP's Nightmare Continues

The good news: BP's latest maneuver in the Gulf got off to a good start. The bad news: its shares are in freefall as takeover speculation increases, the Guardian calls its "future in doubt" and criticizes "clumsy response," and scientists fear spill's long-term effect on food chain and underwater ecosystem. Meanwhile, US late-night comedian Jon Stewart chided President Obama for breaking spill promises.

Steve Jobs said Apple has sold an iPad "every three seconds," envisions a post-PC era and defended his Taiwanese iPhone-maker, among other D8 remarks.

Facebook advertisers have quadrupled since 2009.

P&G's rumored interest in Rubbermaid sends Newell shares soaring.

Toyota rolls out first Lexus campaign in wake of recalls.

World Cup fever is taking over the Web, especially in the UK.Continue reading...