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UPDATE 4-Microsoft unveils Xbox One with Spielberg, Activision tie-up

REDMOND, Wash., May 21 - Microsoft Corp unveiled the "Xbox One" on Tuesday, its first new gaming console in eight years, and its strongest push so far to dominate consumers' living rooms with an array of exclusive media content.

Mexican tycoon Slim seeks funding details of U.S. protest group

MEXICO CITY, May 21 - A U.S. cellphone company owned by Carlos Slim has asked Californian authorities to investigate the funding behind protests against the Mexican tycoon by lobby group Two Countries, One Voice.

Australia's Myer Q3 sales edge up, still cautious on outlook

SYDNEY, May 22 - Myer Holdings Ltd, Australia's largest department store chain, posted a small rise in third-quarter sales on Wednesday and said it remained cautious about the outlook for retail trading.

7:07pm EDT

UPDATE 1-Is Sony un-Japanese enough to entertain change?

TOKYO, May 22 - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business partners and workers rather than shareholders seeking value.

PayPal fires up new data center to support growth

SAN FRANCISCO, May 21 - PayPal has opened a new data center to help the online payment division of eBay Inc handle its rapid growth, President David Marcus said on Tuesday.

Cyclical Consumer Goods & Services
Wal-Mart Stores Inc $77.39 -0.01%
Walt Disney Co $65.83 -0.44%
Home Depot Inc $78.71 +2.54%

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