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NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Wednesday, October 23.

Apple unveils lighter iPad Air
Thinner. Lighter. Faster. That's what Apple promises in its newest iPad, which also has a new name: the iPad Air. The company rolled out the fifth generation of its market-leading tablet Tuesday. Among its new features, the iPad will weigh 1 pound, down from 1.4 pounds. It's 20% thinner and 28% lighter than the current fourth-generation iPad. The iPad Air will have the same 9.7-inch screen as previous iPads and pack the same A7 processing chip that's in the iPhone 5S.

Amazon raises the minimum order value for non-Prime free shipping
Amazon.com Inc. customers who are not members of the retailer's Prime program will have to buy more to get free shipping on orders. The e-retailer, No. 1 in the Internet Retailer Top 500 Guide, says that shoppers who want free shipping through its Free Super Saving Shipping Program will have to spend $35 per order, up 40% from $25.

Video: Alliance Rubber's eraselet pitches Wal-Mart in 'Get on the Shelf'
Wal-Mart's "Get on the Shelf" competition rolls on, this time with an Arkansas connection. Starting about the 4:55 mark in the video above, meet Kimberly McCain, the creator of the Eraselet, a wearable bracelet for kids that doubles as a pencil eraser. McCain, a mom who invented the product, is from Tennessee. But the Eraselet is made by Alliance Rubber Co. of Hot Springs

Google doodle celebrates 216th anniversary of the first parachute jump by Andre-Jacques Garnerin
Users can relive the magic of this historic feat with today's doodle, as they can control Garnerin's balloon by using the left and right arrow keys or by tilting to the right or left on a smartphone.
Google on Tuesday dedicated an interactive doodle on its homepage to celebrate the 216th anniversary of the world's first parachute jump by Frenchman André-Jacques Garnerin. The doodle is based on Garnerin's feat on October 22, 1797, at Parc Monceau in Paris. The then 28-year-old rode a basket below a balloon and jumped from a height of 32,00 feet, using a frameless, seven-metre silk parachute. The parachute was Garnerin's own invention.