U.S. trade judge clears Fitbit of stealing Jawbone’s trade secrets
NEW YORK (Reuters) – Fitbit Inc did not steal rival Jawbone’s trade secrets, a U.S. International Trade Commission judge ruled on Tuesday, dashing Jawbone’s hopes of securing an import ban against Fitbit’s wearable fitness tracking devices.
Tesla touts speed and driving range with new upgraded battery
SAN FRANCISCO/WASHINGTON (Reuters) – Tesla Motors Inc crowned itself the maker of the world’s fastest production car on Tuesday, saying a new version of its Model S all-electric sedan can accelerate from 0-60 miles per hour in just 2-1/2 seconds.
Judge denies GM’s mid-trial bid to toss Texas ignition switch case
NEW YORK (Reuters) – General Motors Co said Tuesday a Texas judge had denied its bid to throw out a lawsuit over a fatal 2011 crash blamed on a faulty ignition switch, after the company accused a car driver and his lawyers of fabricating evidence about the vehicle’s key.
Caesars argues fresh lawsuit shield will help bankruptcy deal
CHICAGO (Reuters) – The bankrupt operating unit of Caesars Entertainment Corp asked a judge on Tuesday to extend a lawsuit shield for its parent company, which a financial advisor said is critical to making progress toward a settlement with holdout cr…
VW, suppliers settle dispute after marathon talks
BERLIN (Reuters) – Volkswagen and two of its parts suppliers on Tuesday resolved a contract dispute that had hit output at more than half of the carmaker’s German plants and threatened to undermine its recovery from a diesel emissions scandal.
Clinton details plans to boost small businesses
LOS ANGELES (Reuters) – Democrat Hillary Clinton on Tuesday vowed to make starting a small business in the United States as easy as opening a lemonade stand if elected president, targeting a large economic sector and a significant voting bloc.
Wall St. edges higher on tech, housing boost
(Reuters) – U.S. stocks rose modestly on Tuesday, as gains in the tech sector helped buoy the Nasdaq to a record intraday high and solid housing market data provided more evidence the economy may be picking up momentum.
Oil up on Iran talk; stockpile build cited by API surprises
NEW YORK (Reuters) – Oil prices rose on Tuesday after Reuters reported Iran was sending positive signals that it may support joint OPEC action to prop up the market, before the market pared gains on trade data showing a surprise build in U.S. crude sto…
State insurance regulators say U.S. government ignored them in MetLife case
WASHINGTON (Reuters) – State insurance regulators in a court brief on Monday said a powerful U.S. council made up of the heads of all the federal financial regulatory agencies disregarded their work when it designated of MetLife Inc. as “too big to fa…
Gillette sues Schick maker over claims for Mach3 rival
NEW YORK (Reuters) – Procter & Gamble Co’s Gillette unit on Tuesday sued the maker of Schick razors, claiming it falsely marketed a line of private label three-blade razors and cartridges as being equal to or better than its popular Mach3.
