IBT Staff Reporter

61411-61440 (out of 154942)

Apple vs. Samsung: The Legal Battle

In one of the world's biggest lawsuits, Apple Inc has sued Samsung Electronics for slavishly copying the 'look and feel' and 'design' of its products iPad tablet and iPhone smartphone. Both Samsung and Apple entered into a legal battle over patent infringement in the month of April 2011. Samsung counter sued Apple in 4 countries in 3 different continents.

Japan signals readiness to intervene again; market jittery

Japan's finance minister said he was closely watching yen moves on Friday, signaling a readiness to continue selling the currency after intervention on Thursday that likely totaled a record amount around 4.5 trillion yen ($56 billion).

Timeline: United States Budget Allocation for NASA

NASA's achievements are commendable considering its results between 1960 and 1970, especially for putting men on the moon. However, NASA's recent performance and its discoveries are considered to be of no practical value for mankind. There are various other causes that require funds in the United States rather than allocating more funds for NASA.

China, Japan urge global talks on economic crisis

China and Japan called for global cooperation on Friday after a financial market rout signaled fear that Europe's debt crisis could spin out of control and the U.S. economy may slide into another recession.

Greece and Ireland push RBS to $1.1 billion loss

Royal Bank of Scotland slid to a pretax loss of 678 million pounds ($1.1 billion) in the second quarter, bruised by writedowns on Greek government bonds and Irish customers struggling to repay loans.

Disapproval of U.S. Congress Hits Record High: Poll

A record 82 percent of Americans say that they disapprove of the way Congress is doing its job, compared with 14 percent who approve, according to a New York Times/CBS News public opinion poll published on Thursday.

Online jobs index dips in July, gains from year ago

A gauge of online labor demand in the United States grew in July compared to a year earlier, but dipped on a monthly basis as the need for employees slowed in the summer months, a private research group said on Friday.

China should let yuan float: former central bank adviser

China should let the yuan float as soon as possible to halt a further build-up of China's foreign exchange reserves and avoid destructive losses in its dollar investments, a former central bank adviser said in comments published on Friday.

Payrolls awaited as markets fear recession

Jobs data on Friday could prove a make-or-break moment for global financial markets increasingly alarmed that the world's largest economy could skid into a fresh recession.

Hitachi-Mitsubishi merger talks crumbling: sources

Hitachi Ltd <6501.T> and Mitsubishi Heavy Industries <7011.T> are ready to walk away from merger talks, sources with knowledge of the matter said on Friday, dashing hopes for a groundbreaking marriage of two of Japan's oldest conglomerates.

Ex-Goldman director Gupta, SEC to drop litigation

Former Goldman Sachs Group Inc director Rajat Gupta and the U.S. Securities and Exchange Commission are dropping litigation against each other stemming from the sprawling federal insider trading probe.

Pentagon cyber program to fund hacker innovation

A hacker-turned-defense official, decrying the government's slowness to change, rolled out a new program on Thursday that would enable the Pentagon to more quickly fund hackers to tackle its tough cybersecurity challenges.

NY seeks to intervene in BoA $8.5 billion pact

New York's attorney general will oppose Bank of America Corp's $8.5 billion settlement over repurchasing toxic mortgage loans, joining a growing number of unhappy mortgage bond buyers now fighting the pact reached with some of the largest institutional investors in the country.

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