Samsung Argues over Inflated Patent Damages
In patent law, to calculate the damages, companies are asked to recreate a “hypothetical” license negotiation; Samsung Electronics Co. says…
Legal News
Former Deutsche Bank Salesman Admitted to Bribery
A former Deutsche Bank salesman, Shigeru Echigo, has admitted to bribery charges in Tokyo, but Shigeru Echigo, 37, stated that…
Big Pharma Buy Incites U.S. Stocks to Rise
U.S. stocks rose, with the Standard & Poor’s 500 Index poised for a sixth day of gains. Bloomberg has reported…
Valeant Pharmaceuticals International Inc. Offers to Buy Botox Giant Allergan Inc.
In a cash-and-stock deal valued at $45.7 billion, Valeant Pharmaceuticals Inc. would give Allergan investors $48.30 in cash and 0.83…
U.S. High Court Upholds Michigan Affirmative Action Ban
The U.S. Supreme Court up-held a voter-approved ban on racial preference in admissions at Michigan's state-run universities. The decision will provide…
Supreme Court Rules Michigan Affirmative Ban is Constitutional
The Supreme Court ruled on Tuesday that a voter-approved change to the Constitution in Michigan that forbids the public colleges…
U.S. Stocks Advance
The Director of research at Fenimore Asset Management in Cobleskill, New York, John Fox, said in a phone interview, "All…
Hedge Funds Lowered Bullish Bets on Gold
For a fourth week, Bloomberg News has reported that hedge funds have lowered bullish bets on gold in the longest…
General Mills Changes Course on Requiring Arbitration for Consumers
One of the largest food companies in the country, General Mills, has announced that it will withdrawal its plans to…
General Motors Co.’s Ignition Switch Lawsuit
General Motors Co.’s GM has asked for federal judges in California and in Texas to delay litigation over faulty ignition…
Brokerages and Traders Sued by the City of Providence
According to a report by Bloomberg News, Bank of America Corp. and the New York Stock Exchange were among dozens…
Wal-Mart to Allow Store-to-store Money Transfers
The country’s largest retailer, Wal-Mart Stores Inc., has announced that it will allow its customers to now make store-to-store money…