COMPANIES

Much has been made over the new Lamborghini SUV Urus concept revealed the other day at the 2012 Beijing Motor Show, and it certainly is a striking concept that has fairly successfully merged two seemingly diametrically opposed design aesthetics, that of Lamborghini's low-slung, aggressive supercars and the beloved-by-footballers-and-rap-stars luxury SUV. And the merger makes good business as well as style sense.

A former BP Plc engineer was arrested and charged on Tuesday with trying to destroy evidence related to how much oil was spilling from the company's broken well in the Gulf of Mexico in April of 2010, the U.S. Justice Department said.

A former BP Engineer is the first to be charged in the Deepwater Horizon disaster of 2010. Kurt Mix, of Katy, TX, has been arrested and accused of deleting text messages detailing how much oil was gushing into the Gulf of Mexico.

Watson Pharmaceuticals Inc. (NYSE: WPI) will announce on Wednesday the purchase of major Swiss competitor Actavis Group, according to media reports citing persons familiar with the negotiations.

LANDesk Software, the venerable desktop management systems developer, said it had acquired private Managed Planet to bolster its play into ‘’Big Data” and analytics.

Britain's Cove Energy PLC, which owns part of a massive natural gas field off the coast of Mozambique, said Tuesday it accepted a sweetened takeover offer of £1.12 billion ($1.8 billion) from a unit of Anglo-Dutch energy giant Royal Dutch Shell PLC.

Apple is ready to announce its second quarter results today, April 24, 2012, at approximately 5 p.m. ET. Bolstered mostly by the release of the company's third-generation iPad, Apple is expected to announce a great quarter, although not quite as record-breaking as its last one.

Thomson Reuters Corp. (NYSE: TRI) announced Monday it has entered into an agreement to sell its Ann Arbor, Mich.-based health care unit to private equity firm Veritas Capital Management LLC for $1.25 billion. The sale is expected to close in the coming months pending regulatory approval.

The all new Google Drive is out now. Watch the video. The recent newsbreak comes by the French translation of new cloud storage announcement to its French blog (which is now deleted) has confirmed details on the new Google Drive.

The latest rumors indicate that Apple's MacBook Pro series laptop will receive liquidmetal chassis, improved battery and 4G Lter support. Ivy chips and Thunderbolt features are confirmed to be coming in the next Mac device and at the same time reports say that the 17-inch model can be dropped this time to keep Apple's production streamlined.

George Rathmann, who helped build Amgen Inc from a start-up into the world's biggest biotechnology company as its founding CEO, died on Sunday, the firm said in a statement. He was 84.

International Business Machines Corp. (NYSE: IBM), the No. 2 computer company, announced a 13 percent boost in its dividend as well as a $7 billion share buyback.

Delphi Automotive Plc (DLPH) reported earnings per share of $1.04 for the first quarter of 2012 on Tuesday, up 247 percent since last year, and beating analyst predictions as revenue and income rose for the automotive electronics supplier.

AT&T Inc. (NYSE:T), the No. 1 telecommunications carrier, reported first-quarter earnings and revenue rose solidly, ahead of estimates, as smartphone customers spent more time on the network.

Adobe unveiled Creative Suite 6 along with Adobe Creative Cloud on Monday at an event in San Francisco. The new Suite includes improved Photoshop and Photoshop Extended, Illustrator, Muse, Acrobat X Pro, Dreamweaver, Flash Professional, Edge Preview.

Microsoft and Facebook announced a definitive agreement on Monday, under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL Inc.Facebook has agreed to purchase this portion for $550 million in cash.

According to a latest report, Chinese parts vendor TVC-Mall has begun selling iPhone 5 home buttons in both black and white on its Web site, which contradicts earlier rumors regarding an oval shaped home button or the lack of a home button at all in the next iPhone.

the biggest competitor to Google in the web browser market share is planning to come to come with a smartphone now, to throw a new challenge for the software multinational in the category of operating system for mobile devices. Yes, here we are talking about Mozilla.

What are the features that we want included in the new device?

The Auto China 2012 event held in the Beijing capital Monday rolled out an extraordinary line-up of new vehicles from across the world, with global automakers brandishing an impressive combination of luxury and sports in their respective car segments.Among the hoard of exhibits, 120 new models, 74 concept vehicles and 88 new-energy vehicles made their way to the auto show battleground. A total of 1,125 automobiles, including vehicles from Volkswagen, Audi, Nissan, Bentley, Bugatti, SEAT, Sko...

If the ongoing predictions by analysts are to be believed, Apple is planning some interesting surprises for its customers this year. After foretelling that the sixth generation iPhone would get a significant redesign this time, analysts are now betting on an iPhone Nano to accompany the next iPhone model.

Lamborghini officially unveiled their first sports utility vehicle (SUV) in almost 20 years at the Beijing Auto Show this monday. The impressive new model, which appeared on the trade show floor with a Chinese Red paint job impressively wed Lamborghini's carefully cultivated style with the trappings of an SUV. The car is expected to be available for consumers in three to four years. Check out video and photos of the new Lamborghini SUV here.

It was definitely out of the ordinary: Real news from Samsung, on a Sunday morning? But there it was on Twitter, in black and white: Destination: tgeltaayehxnx. The word tgeltaayehxnx is actually a clever anagram that, when rearranged, spells out The Next Galaxy. For a time, we all assumed the Samsung Galaxy S3 would be unveiled on Monday, April 23. It wasn't, but we learned about some interesting features in the process.

Swiss food group Nestle SA may sell 10 to 15 percent of the $11.9 billion baby food business it is buying from Pfizer Inc to address antitrust concerns, Bloomberg News reported Monday.

Microsoft infringed Motorola Mobility's patents in making its popular Xbox gaming consoles, a judge for the International Trade Commission ruled on Monday.

The city commissioners of Sanford, Fla., voted Monday evening to reject the resignation of Police Chief Bill Lee Jr. because of criticism about his department's handling of the Trayvon Martin shooting case.

Texas Instruments (Nasdaq: TXN), the No. 1 maker of communications chips, reported first-quarter net income dipped a worse-than-expected 60 percent but said revenue was better than predicted.

Mexico’s specialty retailer and financial services provider Grupo Elektra SA (BMV: ELEKTRA) announced Monday it has completed the $780-million acquisition of Spartanburg, S.C.-based payday lender Advance America, Cash Advance Centers, Inc. (NYSE: AEA).

Facebook, the No. 1 social network, said it will pay Microsoft (Nasdaq: MSFT), the world's biggest software company as well as Facebook investor, $550 million for part of a 990-patent trove acquired from AOL (NYSE: AOL).