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Ed Damiano (right) delivers insulin to his son David, at the family's home in Acton, Mass. Damiano is working on a bionic pancreas that will automatically control blood glucose in people with type 1 diabetes.

Global Pharma Giants Feed On Smaller Biotech Makers

Bristol-Myers Squibbs' takeover of Amylin follows the trend of pharma companies that are acquiring biotech companies to benefit from growing medical needs, offset patent losses and boost their internal pipeline productivity.
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Apple Finally Settles iPad Trademark Dispute in China; Proview Accepts $60 Million

Apple Finally Settles iPad Trademark Dispute in China; Proview Accepts $60 Million

Apple's two-year-long trademark battle with Proview Technology over the use of the name iPad has finally come to a close. The Cupertino, Calif.-based computer giant has reportedly agreed to pay the Chinese electronics maker $60 million to settle the dispute of ownership, which will removes any further obstacles to selling its popular line of tablets in China.
An A380 aircraft is seen through a window with an Airbus logo during the EADS / Airbus 'New Year Press Conference' in Hamburg

Alabama Governor Welcomes Airbus To Mobile

Alabama Gov. Robert Bentley will be welcoming Airbus S.A.S. to the port city of Mobile Monday morning to formally announce the opening of the European aircraft manufacturer's first assembly plant in the U.S.
Galaxy Nexus

It's Apple 2, Samsung 0 In US Patent Contests This Week

Apple Inc. (Nasdaq: AAPL) scored its second major win of the week over Samsung Electronics Co. Ltd. (Korea: 005930) in intellectual-property litigation on Friday, as Apple was granted a court order blocking U.S. sales of Samsung's Galaxy Nexus smartphone.
Sami Elias

Tough Luck: Crime Fighter Bumps Into Retail Theft Suspect In Casino

Unbeknownst to the 54-year-old Kentucky resident, gambler and accused grand theft shoplifter, just a short walk away from the New Orleans casino he was sitting in recently was a veritable who's who of anti-theft officials for some of the largest retail chains in the country.
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Nomura To Slash Executive Pay In Wake of Insider Trading Scandal

Top Japanese securities firm Nomura Holdings, which has been caught in an insider trading scandal, will slash the compensation of its CEO, Kenichi Watanabe, and other top executives by as much as 50 percent for six months and lay off those involved in insider trading, the company said Friday.
A 2010 Lexus RX 450 H parked. Over 150,000 model-year 2010 Lexus RX vehicles are under an unintended acceleration recall.

Toyota May Face Govt Investigation For New Floor Mat Recall

Toyota just can't seem to get the floor mats right on its cars. Toyota Motor Corporation (NYSE: TM) is recalling approximately 154,000 model-year 2010 Lexus RX 350 and RX 450 H cars for potential floor mat interference with accelerator pedal, the same problem which afflicted millions of the company's cars in 2009 and 2010. The National Highway Traffic Safety Administration (NHTSA) is considering launching an investigation of Toyota regarding delays in notifying the agency about the...
 Ford to invest $400 mln in Kansas plant, create 3,750 jobs

Losses in Europe, Growth in US - Time For Ford To Leave Europe?

Ford Motor Company (NYSE: F) must be asking itself when the European automotive market becomes too toxic as sales in the region slump, the euro zone teeters on the brink of disaster and carmaker predicts European losses of close to $600 million in the second quarter.
Who Is Dan Riccio? Apple Transitions Hardware Leadership Role From Bob Mansfield

Who Is Dan Riccio? Apple Transitions Hardware Leadership Role From Bob Mansfield

Apple will begin transitioning the leadership role within its hardware engineering department, now that Bob Mansfield has announced his retirement. Apple was quick to name Dan Riccio as Mansfield's successor, mentioning that Riccio will learn the new role over several months. During that time, the hardware engineering team will continue to report to Mansfield.
A Delta Airlines A320

Airbus Picks Alabama For First US Factory: Report

European airplane manufacturer Airbus SAS will build its first U.S. factory in Mobile, Ala., as it intensifies its competition with main rival, U.S.-based Boeing Co. (NYSE: BA), The Associated Press reported Thursday.
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Google Chrome Coming To Apple iPhone, iPad; Drive Also Gets iOS Treatment

After announcing a slew of new Android-optimized hardware and software products on Wednesday, Google announced on Thursday it will finally port Google Chrome, the second most popular Web browser in the world, to the iPhone and iPad operating system (iOS). In addition, Google will also release an iOS-optimized version of Google Drive, which is the company's cloud service for syncing and sharing information from your Google accounts to all your devices. Google Chrome Coming To Apple iPhone, iPa...
Barclays

British, US Banks Fall Hard On News of Barclays Fraud

Investors in Barclays PLC (NYSE: BCS) (London: BARC) lost over £4 billion Thursday as the British bank lost one-sixth of its market capitalization a day after international regulators announced the bank would have to pay hundreds of millions as a fine for an audacious price-fixing fraud some of its traders were found to have engaged in.
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Apple Could Integrate iTunes Closer To iCloud

Apple (Nasdaq: AAPL), the world's most valuable technology company, may change the way iTunes works so that it?s more closely integrated with the iCloud file-storage service, news services said.
Nexus Q Vs. Apple TV: Is Google's Cloud-Based Entertainment Hub Worth The Price? [VIDEO]

Nexus Q Vs. Apple TV: Is Google's Cloud-Based Entertainment Hub Worth The Price? [VIDEO]

At its I/O Conference for developers in San Francisco, Google unveiled a new Android operating system called Jelly Bean, a brand-new tablet from Google called the Nexus 7, and even gave a demonstration and pre-order information for its highly-anticipated, high-tech headgear, also known as Project Glass. But one of the strange unveilings at I/O was the orb-shaped hub known as the Nexus Q, which was Google's response to the Apple TV.
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Barclays Settles Claims For $453M In Interest Rate Scandal

Barclays Plc (NYSE: BCS) agreed Wednesday to pay $453 million in fines to settle claims made by U.S. and UK. bank regulators and law enforcement agencies for the bank's alleged involvement in a scheme to manipulate two global benchmark interest rates.
Raindrops are seen in front of an Apple logo outside an Apple store in Shanghai

Apple Facing Justice Dept. Discrimination Accusations

Applesauce might be on the menu if Apple Inc. (Nasdaq: AAPL) doesn't take swift actions to ameliorate members of a coalition representing Iranian-Americans and speakers of Farsi who were allegedly denied sale of iPads and other merchandise by Apple store employees in recent weeks.

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