The following video is from Wednesday's MarketFoolery podcast, in which host Chris Hill, as well as analysts Tim Hanson and Joe Magyer, discusses the top business and investing stories.

In today's episode, Apple (NASDAQ:AAPL) may release a lower-cost iPhone, potentially to the brand's detriment; DISH Network (NASDAQ:DISH) has offered to pay more for Clearwire (UNKNOWN:UNKNOWN) than Sprint (NYSE:S) which further complicates the acquisition drama and has shares of Clearwire up; and two hedge fund managers and activist investors compete in the battle over Herbalife (NYSE:HLF), and one may come away severely financially damaged.

Chris Hill has no position in any stocks mentioned. Joe Magyer has no position in any stocks mentioned. Tim Hanson has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and has the following options: long Jan 2014 $50 Calls on Herbalife Ltd.. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.