| Stocks fall on concern about US credit rating
(AP)
AP - Concerns about China's economy and a warning about the U.S. credit rating hit stocks.
| Boston Scientific suspends defibrillator sales
(AP)
AP - Medical device maker Boston Scientific said Monday it is suspending sales of its heart-shocking defibrillator implants after failing to alert regulators to changes in manufacturing of the top-selling devices.
| Calvin Klein parent to buy Tommy Hilfiger for $3B
(AP)
AP - Two iconic American clothing labels — preppy Tommy Hilfiger and classic Calvin Klein — are coming together under one roof after Phillips-Van Heusen said it will purchase Tommy Hilfiger for about $3 billion in cash and stock.
| FCC unveiling sweeping national broadband plan
(AP)
AP - Communications regulators are unveiling a sweeping proposal to overhaul U.S. broadband policy. Their aim: to bring affordable, high-speed Internet connections to all Americans and make access much faster for people who already have broadband.
| UBS: Offshore probes in Britain, Canada, Australia
(AP)
AP - UBS AG of Switzerland said Monday that authorities in Britain, Canada and Australia are investigating the bank's offshore business in the wake of revelations that it helped U.S. customers evade their taxes for years. |