In the News: Martha Stewart, Michael Vick, Drew Brees and more

Airbus designs new way to build planes and scraps sales target for A380.

Amazon tests a smartphone.

American Airlines opens door to merger with U.S. Airways.

Apple pulls game with Japanese Ninjas invading island chain.

Barclays former CEO Bob Diamon hits back at U.K. lawmakers over interest-rate scandal.

Drew Brees nears becoming highest-paid player in NFL history.

Expedia features real travelers' experiences in new campaign.

John Varvatos taps British musician Paul Weller as new face.

JPMorgan Chase CEO Jamie Dimon to meet with analysts this week.

Martha Stewart Living Omnimedia extends eponymous founder's contract.

NBC and Facebook to announced Olympics partnership.

Oracle expands social-networking platform with purchase of Involver.

Twitter may be taking teen preference from Facebook.

Univision topped English-language networks in key demographics last week.

Michael Vick launches clothing label.