Global Cellphone Shipments Rise Global shipments of mobile phones continued to grow in the second quarter, but vendors' profit margins could be threatened by high-end price pressure. Source: Wall Street Journal
Microsoft Pursues iPad Rivals CEO Steve Ballmer said Microsoft needs to do better in the market for tablet computers that Apple has found success in with the iPad. Source: Wall Street Journal
Renault Posts First-Half Profit Renault swung to a larger-than-expected net profit in the first half, as sales surged despite the phasing out of government incentives to spur demand. Source: Wall Street Journal
Alcatel-Lucent Sticks to Forecast Telecommunications-equipment maker Alcatel-Lucent reported a second-quarter net loss on Friday, but confirmed its full-year forecast. Source: Wall Street Journal
British Airways' Net Loss Widens British Airways said its fiscal first-quarter net loss widened, hurt by the impact of disruptions including volcanic ash clouds and strikes. Source: Wall Street Journal
Asian Markets Slip on U.S. Sentiment Asian stocks were mostly lower Friday on Wall Street's weakness. The Nikkei fell 1.9% despite strong earnings from Sony and Nissan Motor. Source: Wall Street Journal
Disney to Sell Miramax Walt Disney Company said it will sell Miramax Films to Filmyard Holdings for more than $660 million. Source: Wall Street Journal
Strategy: Fight hard but be a good guest Winning hearts and minds in Afghanistan is slow work. It's also hot, dirty, frustrating and dangerous. Source: USA Today
