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P&G's ex-CEO Lafley to replace McDonald

Rupee completes third weekly drop on Fed stimulus outlook

Lenovo Q4 profit gains 90%

Net income climbed to $126.9 mn in the three months ended March, from $66.8 mn a year earlier

HP jumps after forecast beats estimates on Whitman's cuts

Earnings excluding some items will be 84 cents to 87 cents a share in the period through July

Sugar imports could jump

Google joins Apple in avoiding taxes with stateless income

AirAsia first-quarter profit declines

'Microsoft to add several thousand workers in China'

Apollo scrip beats KKR, Carlyle in risk-less return ranking

Wheat exports to dip as farmers hoard harvest

Shipments might fall to about 1.5 mn tonnes in the year that began on April 1

Rajat Gupta challenges insider conviction, US use of wiretaps

Gupta has already been handed one victory from the 2nd Circuit Court of Appeals, which will hear today's arguments

Vodafone will retain Verizon payout amid European declines

Verizon will use the cash to pay for wireless spectrum and fund its business

Tumblr's founder David Karp celebrates the $1.1-billion deal

JPMorgan holders to vote on Dimon

Seven of JPMorgan's 10 largest owners are run by CEOs who are also chairmen

Hedge funds shift to bearish bets on treasury 10-year notes

When your $450,000 Aston Martin has to arrive overnight

Texas sues BP, Transocean over Gulf oil spill

Accuses those involved in the oil spill of violating Texas environmental laws; seeks damages for economic loss

Yahoo! in talk to acquire Tumblr

Yahoo!'s board will meet on Saturday to consider a $1.1-bn all-cash deal to acquire Tumblr

Gates reclaims world's richest person title

Takes the top slot after 6 years, pips Carlos Slim

Merkel pushes bank-regulation votes before September 22 polls