Having been lambasted by critics at its annual general meeting last week, BP is acknowledging today's one-year anniversary of the Deepwater Horizon rig explosion, a tragedy that killed 11 workers and spilled five million barrels of oil into the Gulf of Mexico, with a number of public communication efforts.Continue reading...

Apple's 47% gain in profits is even better than expected. [NYT]

Coca-Cola earnings fell short. [Reuters]

Pfizer's growth boosted by cost-cutting. [NYT]

First-ever Iranian big box, originally slated to be branded as Carrefour, is now under Carrefour's Hyperstar sub-brand. [FT]

Barnes & Noble introduces the Nook e-reader, with $259 price matching Amazon's Kindle. [NYT]

Regulators veto BBC plan to link iPlayer to ITV and Channel 4 shows. [Times of London]

Toys 'R' Us introduces layaway program to boost holiday sales. [LA Times]

(More headlines: GM's Korea struggles, NYT cutbacks.)Continue reading...