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A federal court has approved a settlement agreement between the Department of Justice and Anheuser-Busch InBev that will allow the mammoth beer company to complete its purchase of Grupo Modelo, a Mexico-based brewer that produces Corona, Pacifico and other beers.

The deal, which requires AB InBev to sell all of Modelo's U.S. business, clears the way for the $20.1 billion acquisition of the remaining portion of Modelo that AB InBev did not yet own. Terms of the deal were announced Friday.

Israel's top military intelligence official said Tuesday that the Syrian government has used chemical weapons repeatedly, and he criticized the international community for not taking tougher action against the Syrian leadership.

Israel and the Syrian opposition have on multiple occasions accused President Bashar Assad's government of using chemical weapons in the country's civil war, but have not offered much in the way of evidence.

Israeli Brig. Gen. Itai Brun, speaking at a security conference in Israel, gave the most definitive statement so far by an Israeli official.

Sen. Max Baucus of Montana, an influential red-state Democrat who helped craft Obamacare but bucked his party last week in voting against expanded background checks for gun sales, will retire in 2014, he announced Tuesday.

The chairman of the influential Senate Finance Committee, Baucus was expected to face a potentially tough race for a seventh term after four decades on Capitol Hill. He becomes the sixth Senate Democrat to announce his retirement, as Republicans look for an opportunity to retake Senate control in the midterm elections.

FIFA's efforts to rehabilitate its tarnished public image were dealt twin setbacks Monday when the international soccer federation's Twitter account was hacked and used to send messages joking about corruption. And a member of its reform committee quit, saying they were making no progress.

Update at 3:20 p.m. ET. FIFA Executive Resigns:

Paraguay's Nicolas Leoz resigned from FIFA's executive committee Tuesday, the same week an extensive report on bribery from the group's ethics investigator is to be released.

Update at 5 p.m. ET:

Reuters reports that Apple has posted better-than-expected second-quarter earnings of $43.6 billion, "reflecting strong sales of the iPad and iPhone." Wall Street had forecast revenue of $42.3 billion, the wire service says.

We pick up our original post here:

Investors are waiting, many not so eagerly, for a look at how Apple for the second quarter.