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news aggregatorAugust 31, 201020:39
Recent court rulings could pave the way for hundreds of lawsuits -- and potentially massive awards -- against major companies over expired patents.
Source: Business News
Categories: Business
20:08
Japan's government, grasping for ways to rev up a deflating economy on the cheap, is extending a subsidy plan for consumers who trade in their old appliances and television sets for more energy-efficient models.
Source: Business News
Categories: Business
19:57
Pennsylvania's capital of Harrisburg will skip a $3.29 million payment on its general-obligation debt, raising concerns it could be the first of a wave of municipal defaults.
Source: Business News
Categories: Business
19:39
The bank is selling its mortgage on the Viceroy Anguilla to Starwood Capital Group at a hefty discount, the latest example of capitulation by a bank that has nursed a troubled real-estate project for years.
Source: Business News
Categories: Business
19:31
The Commerce Department found that the Chinese government unfairly subsidized $514 million of aluminum exports to the U.S. last year. But the U.S. said it wouldn't investigate allegations that China's currency policies function as export subsidies for Chinese manufacturers of aluminum and coated paper.
Source: Business News
Categories: Business
18:43
Four insiders at Exelixis Inc. bought more than $1 million in company stock in August in the first insider purchases in almost two years.
Source: Business News
Categories: Business
18:38
Studies of two experimental drugs provided fuel for a race to develop medicines to replace blood thinner warfarin, a global market that could eventually exceed $20 billion a year in revenue.
Source: Business News
Categories: Business
18:24
Currency trading volume around the world has hit $4 trillion a day, fueled by investors in the wealthiest nations looking to diversify beyond their home markets in a time of economic turmoil.
Source: Business News
Categories: Business
18:03
In H-P's and Dell's bidding war for storage maker 3PAR, some of the key decisions are being made by two executives named Dave seeking to make their marks at the companies.
Source: Business News
Categories: Business
17:59
Sprint's board is debating whether to let rival cellphone operator T-Mobile USA invest in Clearwire, as the carrier decides how to fund its 4G network expansion.
Source: Business News
Categories: Business
17:47
Hedge-fund manager Elliott Management dropped its court case against trade publication Absolute Return + Alpha, bringing to a close a battle over public disclosure of a hedge fund's investments.
Source: Business News
Categories: Business
17:20
The SEC said it wouldn't sue Moody's Investors Service despite allegations that it had broken securities laws.
Source: Business News
Categories: Business
17:20
Exelon is expected to hire waste-disposal contractor EnergySolutions to demolish an Illinois nuclear-power plant under a contract expected to provide a template for dismantling aging plants.
Source: Business News
Categories: Business
17:03
H-P and Hynix Semiconductor agreed to commercialize a novel building block for computer memory chips and the products that use them.
Source: Business News
Categories: Business
16:52
Amazon.com is trying to create a service that gives paying subscribers unlimited access over the Internet to some television shows and movies, as it tries to take on Netflix and Apple.
Source: Business News
Categories: Business
16:03
Ray Irani, the long-serving and highly compensated chief executive of Occidental Petroleum, is expected to set a date to step down from the company's top job amid an investor backlash over his pay.
Source: Business News
Categories: Business
15:28
J.P. Morgan Chase is winding down its proprietary-trading operations and has given notice to its roughly 20 proprietary-commodities traders about the elimination of their jobs.
Source: Business News
Categories: Business
14:25
Samsung has had some success with the global launch of its Android-powered Galaxy S smartphone, but the company doesn't have another flagship phone planned for the crucial holiday season.
Source: Business News
Categories: Business
14:03
Visteon won confirmation of its Chapter 11 reorganization plan Tuesday after a bankruptcy turnaround that inspired bondholders to inject more than $1.25 billion into the auto-parts maker.
Source: Business News
Categories: Business
14:03
The price tag of KT's new seven-inch device will be about half that of its competitors, raising speculation that the device will try to compete with Samsung's planned Galaxy Tab.
Source: Business News
Categories: Business
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