COMPANIES

The California-based Apple is involved with numerous patent disputes world over with smartphone makers that run Android. Recently Samsung filed new claims against Apple over patent infringements in Germany.

India could be the latest country to join a growing solar power trade dispute between the United States and China. However, the country does not look to favor either of the two sides.

The upstart wireless company that is being bankrolled by Philip Falcone's $5 billion Harbinger Capital Partners hedge fund could run out of money during the second quarter of 2012, according to the company's financial statement.

Steven Rattner, the former head of the United States auto task force, attempted to clarify remarks about the salary of United Auto Workers members that he made last Thursday in speaking before the Detroit Economic Club.

Bank of America CEO Brian Moynihan ate his words as the Charlotte, N.C.-based bank once again resorted to non-investor-friendly measures to raise capital, despite saying the bank would not take such actions.

The Dallas-based company announced Monday that after a thorough review of its options it was backing out of the $39 billion deal, thus avoiding a costly and potentially lengthy legal battle.

Nissan Motor Co. said Monday it will begin conducting a voluntary recall of more than 50,000 Sentra vehicles, fearing that a faulty positive battery terminal could stall the vehicles while in motion.

Roughly 2,600 gallons of oil have leaked off the Brazilian coast since Sunday. The spill, reported Agence France Presse, threatens an area of the country's coast line that Carlos Minc, Environment Secretary in Rio de Janiero state, called an ecological treasure.

AT&T said on Monday that it would drop its $39 billion bid to buy Deutsche Telekom's T-Mobile USA in the face of regulatory pressure.

Ex-Citigroup chairman Sanford Weill has sold his penthouse at 15 Central Park West in Manhattan for $88 million, a new record for a single residential sale in the city.

For procrastinators, last-minute holiday shopping can be a pain, but Toys R Us is on your side. The toy giant has extended its store hours before Christmas so that shoppers can grab deals on toys with stores open 24-7 until late Christmas Eve.

This is the fifth in TheWrap's series of Studio Report Cards.

As sales of tablets surge, the fortunes of newspaper publishers may soon begin to turn.

Caterpillar Inc said its machine sales rose 30 percent in November compared with a year earlier as growth continued at the pace seen in September and October.

A San Jose judge has said that Facebook, the largest social-networking site, can be sued by those claiming that its showing advertisements that users' friends like is a violation of California law as it pertains to commercial endorsements.

Zynga shares fell as much as 13 percent below their IPO price, in their second trading session, as investors worried about the online game publisher's growth prospects.

General Motors announced Monday that it will unveil a new 2013 Chevrolet Sonic RS next month, hoping to attract a new, younger generation of drivers to what the company calls a youthful style and driving experience.

Canadian fertilizer giant Potash Corp. of Saskatchewan is seeking approval from the Israeli government to increase its stake in rival Israel Chemicals Ltd. to 25 percent, according to media reports.

Apple's new TV spot features Old St. Nick himself using Siri on the iPhone 4S to help him deliver presents on Christmas Eve.

Here are some items to watch when Oracle reports: earnings, Europe outlook, cash, deferred revenue, third-quarter earnings forecast

Wells Fargo & Co. (WFC) announced Monday the firm is expanding its international commercial finance capabilities through acquiring Burdale Financial Holdings Ltd and the portfolio of Burdale Capital Finance Inc. from Bank of Ireland Plc (BKIR). The portfolio represents approximately $1 billion in loans outstanding from U.S. and U.K. customers. Bank of Ireland, the nation’s largest bank, will receive about 690 million euros ($899 million) from the sale.

The Dallas-based company's plan to sell off some of its assets in order to gain regulatory approval for its $39 billion merger are falling flat, which could spell trouble for the merging parties as they try to convince regulators that a merger wouldn't concentrate too much power in the wireless industry.

Sailors had roughly 30 minutes before freezing to death in the icy cold waters of the Sea of Okhotsk where the floating platform listed in heavy seas and sank.

Siri is a fun and useful tool on the iPhone 4S, but Apple has plans for it to become a centerpiece in all its devices, including the iPhone, iPad and Apple TV.

Dell, the No. 2 U.S. PC maker, plans to restart its venture capital unit as Dell Corporate Ventures. To head it, it designated Norwest Venture Partners executive Jim Lussier.

Lloyds Banking Group Plc (LLOY), Britain's biggest mortgage lender, is making a new move to appease political and shareholder anger over executive pay. The bank's 1,000 most senior managers will see their salary frozen in 2012, including Chief Executive Officer António Horta-Osório, who just returned from medical leave last week.

The much-awaited Android 4.0 Ice Cream Sandwich smartphone, the Samsung Galaxy Nexus, is finally in Verizon Wireless stores and available online for $299.99 with a two-year contract. The smartphone battle can only get more intense, with the LG Nitro HD and the Galaxy Nexus squaring off against each other.

The airline, the first operator of Boeing's 787 Dreamliner, said in a statement on its Web site last week that a productivity reason is being given for the delay in delivery. All Nippon said it will delay Dreamliner service between Tokyo and Beijing and between Tokyo and Frankfurt as a result.

Robert W. Baird downgraded its rating on shares of RSC Holdings Inc. (NYSE: RRR) to neutral from outperform following United Rentals Inc.'s (NYSE: URI) intention to buy RSC Holdings for $18 per share.