From LEX 7:16pm

Modelo deal loses its fizz

DoJ’s challenge to its acquisition of Mexican brewer leaves AB InBev with tough choices

From FINANCIALS 7:04pm

Wasendorf jailed for 50 years for fraud

Head of collapsed futures broker Peregrine also fined $100m

From MEDIA 6:47pm

House of Cards helps Netflix cut the cord

Video services hope original content can grab consumers

Michael Kiefer, of DeFuniak Springs, Fla., checks out a display of rifles at the Rock River Arms booth ©AP From INDUSTRIALS 5:53pm

Gun makers’ margins caught in crosshairs

US gun control would ban most profitable products

From INDUSTRIALS 5:49pm

Slower holiday season dents UPS growth

Superstorm Sandy also takes toll on package delivery service

From MARKETS 5:19pm

Nasdaq OMX boosted by stronger earnings

Non-transaction businesses help bourse operator in fourth quarter

From RETAIL & CONSUMER 5:07pm

US challenges AB InBev’s Modelo deal

Justice department moves to block $20bn beer merger

From INDUSTRIALS 5:04pm

Pulte profits quadruple but shares fall

Company’s outlook suffers despite housing sector boom

Children watching television ©Corbis From MANAGEMENT 4:20pm

A TV that knows who you are

Plans to tailor advertising to individual viewers could change the economics of the industry

Robert "Bob" McDonald, chairman, president and chief executive officer of Procter & Gamble Co ©Bloomberg From RETAIL & CONSUMER 4:13pm

P&G chief reassesses his priorities

Bob McDonald has exchanged purpose for process

From INDUSTRIALS 12:56pm

Dow Chemical hit by global slowdown

Earnings down 25% on weaker western Europe and China

From TELECOMS 11:50am

SoftBank profits double on Apple contract

Japanese mobile carrier sales up 7% on iPhone demand

From WORLD 9:51am

NYT computers targeted by Chinese hackers

Paper says attacks coincided with report on wealth of Wen family

From ENERGY 8:02am

ConocoPhillips hit by falling prices

US group says underlying net income fell 16 per cent

From FINANCIALS 11:45pm

Tri Pointe opens the door to investors

First US homebuilder to go public in nearly a decade

From LEX 11:42pm

Facebook: still much to like

After its recent run, the company’s valuation sets overwhelming expectations

From TECHNOLOGY 9:54pm

Facebook mobile ad growth drives sales

Shares volatile in after-market trading as investors temper profit hopes

From TECHNOLOGY 9:45pm

Qualcomm profit up 35% on smartphone wave

Chipmaker’s revenues hit record of $6.02bn for quarter

From FINANCIALS 9:38pm

Knight Capital explores asset sale

Trading firm looks to dispose of underperforming assets

From ENERGY 9:27pm

Chevron loses environment case appeal

Argentina court rules to freeze assets of the oil company

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