Apple, Google settle smartphone patent litigation
SAN FRANCISCO (Reuters) – Apple Inc and Google Inc’s Motorola Mobility unit have agreed to settle all patent litigation between them over smartphones, ending one of the highest-profile lawsuits in technology.
Beats music service sued by former executive amid possible sale to Apple
(Reuters) – Beats Electronics, which is close to being sold to Apple Inc for $3.2 billion, has been sued by the founder of a music service Beats bought two years ago claiming he has been cheated out of his share of the company.
Don’t leave small-cap stocks for dead
NEW YORK (Reuters) – There are many reasons for the sharp underperformance of small- cap stocks in the past six weeks, but the recent correction may be winding down, which means investors worried about a broader selloff might be able to breathe more ea…
Wall St. rebounds with small-caps; Dow, S&P 500 dip for week
NEW YORK (Reuters) – U.S. stocks ended higher on Friday in a late-day rebound as small-cap names edged up after recent weakness and consumer discretionary shares advanced.
Apple, Google settle smartphone patent litigation
SAN FRANCISCO (Reuters) – Apple Inc and Google Inc’s Motorola Mobility unit have agreed to settle all patent litigation between them over smartphone technology, ending one of the highest profile lawsuits in technology.
At big-ticket dinners, a blunt Bernanke sounds theme of low rates
NEW YORK/BOSTON (Reuters) – In a series of quarter-million-dollar dinners with wealthy private investors, Ben Bernanke has been clearer than he ever was as chairman of the Federal Reserve on his expectations that easy-money policies and below-normal in…
U.S. prosecutors drop two more charges against Rajaratnam’s brother
NEW YORK (Reuters) – U.S. prosecutors have dropped two insider trading-related charges against former Galleon Group hedge fund portfolio manager Rengan Rajaratnam, the second time in two weeks the government has whittled down its case against him.
GM to pay $35 million U.S. fine for delayed response to faulty ignitions
WASHINGTON (Reuters) – General Motors Co was slapped on Friday with a $35 million U.S. fine for its delayed response to an ignition switch defect in millions of vehicles, as federal regulators accused a long line of company officials of concealing a pr…
Boeing vows to fight unfair U.S. labor practices ruling
SEATTLE (Reuters) – Boeing Co vowed on Friday to contest a ruling that found the plane maker committed unfair labor practices against its unionized engineers near Seattle and in Portland, Oregon, when it photographed and videotaped workplace marches in…
Fed’s Bullard says inflation, job goals ‘within sight’
LITTLE ROCK (Reuters) – The U.S. economy is within sight of the Federal Reserve’s inflation and employment goals, and is expected to grow at a “robust” pace for the rest of the year, St. Louis Federal Reserve Bank President James Bullard said on Friday…
