The WSJ also writes that Apple’s (AAPL) new iPhone will launch on June 29.
The New York Times reports that software maker Cadence Systems (CDNS) may be sold to private equity interests.
The New York Times writes that phone equipment company Avaya (AV) may be sold to private equity or a strategic buyer.
FT reports that India car company Tata Motors is launching a car that will cost less than $3,000.
Douglas A. McIntyre