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Goldman wins dismissal of Timberwolf CDO lawsuit

Goldman Sachs Group Inc won the dismissal of a lawsuit accusing it of causing an investor to become insolvent by fraudulently misleading it about risky debt it expected would tumble in value.
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Who is 'Arab Slayer' Mark Stroman?

Texas White supremacist Mark Anthony Stroman, who got into a shooting rampage aimed at people of Middle Eastern origin a week after the 9/11 attack on the US in 2001, has been executed. The following are some details about the life, beliefs and crime of Stroman:
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iPhone 5 Concept

Will iPhone 5 and Patent Lawsuit Wins Empower Apple to Kill HTC and Samsung?

The year 2011 has been 'the year of Android' so far with exciting new smartphones powered by the Android operating system hitting the market. However, considering the prospect of a feature-loaded iPhone 5 and Apple's key patent victories, questions have been raised on whether the year 2011 will remain 'the year of Android', or iPhone will steal the show at the end.
A man walks past a HTC advertisement in Taipei

ITC Ruling Says Key Android Codes Infringe Apple Patents: Will Google’s Mega-hit OS See Past 2011?

Google's Android Operating System is in serious trouble with the ITC ruling which says Android-run HTC devices infringe two of ten Apple patents in an initial determination by an administrative law judge (ALJ). These determinations will undergo review by the six-member Commission, the highest decision-making body at the ITC, to reach the final decision, with the target date of the final Commission decision set for December 6, 2011.
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Casey Anthony to be Released in Hours: What is in Store for Her?

Hated murder suspect Casey Anthony, who a court found not guilty last week, will walk out a free person from Florida's Orange County jail in hours. But her future is uncertain, riddled with death threats and a high prospect of social rejection. She spent three years and one day in prison after being arrested in connection with the disappearance and death of her two-year-old daughter Caylee Anthony.
Casey Anthony

Casey Anthony scheduled to leave jail on Sunday

Casey Anthony is scheduled to exit a Florida jail on Sunday and resume the life on the outside interrupted three years ago when she was charged with the murder of her 2-year-old daughter Caylee.
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Ambac $1 billion subprime lawsuit vs JPMorgan revived

A New York state appeals court revived Ambac Financial Group Inc's $1 billion lawsuit against JPMorgan Chase & Co over an investment vehicle that in 2007 and 2008 suffered heavy losses from toxic subprime debt.
Reports: Hybrid MacBook Air/Pro Set be Unleashed for the Holidays

Apple vs Samsung: Judge Hints at Serious Credibility Problem of Apple; Favors Samsung

Apple has enough reasons to worry as the latest order in the ongoing Apple-Samsung patent dispute is a pointer towards which way the wind is blowing. Judge Lucy Koh of the U.S. District Court for the Northern District of California denied Apple's motion to speed up the federal lawsuit against market rival Samsung. On July 1st, along with motion for Preliminary Injunction to halt the sale of four Samsung devices, Infuse 4G, Galaxy S 4G, Droid Charge, and Galaxy Tab 10.1, Apple also filed two m...

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