Blackstone Group L.P. (NYSE: BX) will halt its bid for Dell Inc. (NASDAQ: DELL). (Reuters)

Microsoft Corp. (NASDAQ: MSFT) announces CFO departure as it posts strong earnings. (Reuters)

Google Inc. (NASDAQ: GOOG) has better-than-expected earnings, but results from its Motorola division are poor. (Reuters)

Lenovo may buy International Business Machine Corp.’s (NYSE: IBM) server business. (Reuters)

The FAA likely will clear the Boeing Co. (NYSE: BA) 787 Dreamliner to resume commercial flights. (WSJ)

The use of natural gas to create electricity reduces the output of carbon dioxide emissions. (WSJ)

Nokia Corp.’s (NYSE: NOK) earnings show that its turnaround has faltered. (WSJ)

Average home prices continue to rise in China, and concern increases about the market overheating. (WSJ)

J.C. Penney Co. Inc. (NYSE: JCP) may work with Wells Fargo & Co. (NYSE: WFC) to increase the retailer’s access to cash. (WSJ)

Sprint Nextel Corp. (NYSE: S) sets a special committee of its board to evaluate a buyout offer by Dish Network Corp. (NASDAQ: DISH). (WSJ)

Toyota Motor Corp. (NYSE: TM) will build a Lexus plant in Kentucky. (NYT)

IBM’s CEO says the company is at work to renew growth. (FT)

A new Twitter app allows users to track music. (FT)

Volkswagen’s big recall in China is a warning to car companies that have tried to grow very rapidly there. (Bloomberg)

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