The world’s largest retailer, Wal-Mart Stores Inc. is revealed to update its present stores in Ohio introducing new looks and layouts by the end of 2010.

Officials have said that Apple Inc. is racing to secure media content for its new iPad with hundreds of thousands of units pre-sold and soon to be released.

Caterpillar Inc., the heavy-equipment manufacturer, sent in a last moment salvo against the revamped health-care plan presented by the Democrats, stressing that the Medicare adjustments in the legislation, in addition to the insurance mandates, would end up increasing the firm's costs by a whopping $100 Million in its first year of becoming being approved.

Google's loss is Baidu's gain is in the news nowadays due to the recent fall in Google's shares, after it was reported of its intentions to move out of the China market. Google is planning to exit from China as it has failed to negotiate with the Chinese Government on the censoring of search results in China.

On Friday, the Chairman of Senate Banking Committee demanded the task force to investigate thoroughly the violations of the law at Lehman Brothers and other firms. Later, Senator Christopher Dodd wrote to Attorney General Eric Holder saying that, he was truly concerned with the accounting manipulation of Lehman Brothers.

Details regarding Hewlett-Packard's tablet PC Slate have seeped in more concretely into the market as the latest rumors suggest that the Slate will first hit the US markets in June with _400 price which makes it $546.

The growing demand for the social networking sites has also engulfed Apple, as the company is all set to enter the battleground with its "Group Formation Using Anonymous Broadcast Information", for which it has filed a patent. This will place Apple in the row of all major market players who are uniting the users by social networking sites with location based applications.

In what is being viewed as another interesting twist to the currently ongoing tale to replace the Air Force's rapidly aging fleet of aerial refueling tankers, reports are that Russia's United Aircraft Corp. is looking to place a bid on the contract worth a whopping $40 Billion.

On Thursday, Amazon launched a version of its digital book reading software for the Apple Mac.

The application is offered for free on Amazon, and allows people to buy, read and arrange electronic books bought from Amazon through the dealer's Kindle Store. Amazon provides over 450,000 books, plus most of the New York Times bestsellers.

There are have been rumors that Sprint Mobile Service, which is No. 3 in the United States, for the first time is all set to launch a fourth generation wireless phone, very soon this year, however the dates haven’t been specified.