CHINESE AUTHORITIES SAY SHANGHAI HUSI FOOD VIOLATIONS COMPANY-LED 

Chinese food safety officials accused a U.S.-owned Chinese meat supplier for signing off on sales of expired meat in rules violations that have affected the operations of fast food chains such as McDonald's Corp. and Burger King Worldwide. (published 0216 GMT)

 
 
BET ON FAILED BANK INDYMAC CREATES WINDFALL -- UPDATE 

An investment group backed by John Paulson, George Soros, Michael Dell and Christopher Flowers stands to gain more than $3 billion from a bet made on a failed lender during the depths of the financial crisis. (published 0057 GMT)

 
 
WSJ TAKES SOME COMPUTER SYSTEMS OFFLINE AFTER CYBER INTRUSION 

Computer systems housing The Wall Street Journal's news graphics were hacked by outside parties, according to Journal publisher Dow Jones & Co. (published 0120 GMT)

 
 
APPLE REPORTS STRONG IPHONE SALES -- 4TH UPDATE 

Ahead of a refresh of the iPhone, Apple Inc. reported 12% profit growth and strong sales of its current handset, especially in markets far afield from its traditional customer base in the U.S. (published 2355 GMT Tuesday)

 
 
BHP OUTPUT TRUMPS FORECASTS FOR FISCAL YEAR 

BHP Billiton Ltd. exported more iron ore than expected from mines in Australia's northwest last fiscal year even after lifting guidance twice, as the world's largest mining company aimed to squeeze more from its operations. (published 2313 GMT Tuesday)

 
 
BROADCOM SAYS IT WILL CUT 2,500 JOBS -- UPDATE 

Broadcom Corp. said about 2,500 employees will lose their jobs as it moves to wind down rather than sell an operation that had been making baseband chips for mobile devices. (published 0052 GMT)

 
 
PLDT SUFFERS BLOW FROM ABORTED BASKETBALL GAME FEATURING NBA STARS 

A pair of charity games featuring stars from the U.S. National Basketball Association didn't go as planned, leaving a big hole in the pocket of Philippine Long Distance Telephone Co. as well as a black mark on its image. (published 0257 GMT)