Australia, China ink $41 billion natural gas deal
SYDNEY — A 50 billion Australian dollar ($41 billion) deal for China to buy Australian natural gas shows current diplomatic tensions between the two countries will not trump their commercial interests, officials said Wednesday.
Microsoft asks court to hold off on Word ban
SEATTLE — Microsoft Corp. is asking the U.S. Court of Appeals for the Federal Circuit to allow it to keep selling Word software as it fights an unfavorable patent ruling.
Australia says China canceled minister’s visit
CANBERRA, Australia — China canceled a senior minister’s trip in anger at Australia’s granting of a visa to an exiled Uighur activist in the latest sign that ties between the two countries are strained.
Ex-Wall St. broker convicted in $1B subprime fraud
NEW YORK — A former Wall Street broker has been convicted of conspiracy and securities fraud after investors lost nearly $1 billion in a subprime mortgage fraud.
InterDigital 3Q guidance to narrowly miss Street
KING OF PRUSSIA, Pa. — Wireless technology developer InterDigital Inc. said Monday it expects third-quarter sales of $73.5 million to $75.5 million, just below Wall Street forecasts of $76.8 million.
Ahead of the Bell: InterDigital shares plunge
NEW YORK — InterDigital Inc. shares dove in premarket trading Monday after a U.S. International Trade Commission judge offered an initial ruling in favor of handset maker Nokia Corp. in a patent dispute.
ITC judge rules in favor of Nokia
HOUSTON — A U.S. International Trade Commission judge has issued an initial determination in favor of cell-phone maker Nokia Corp. in a patent infringement case brought by wireless technology developer InterDigital Inc.
Merck sued over patent on allergy drug Singulair
NEW YORK — The battle over the patent on Merck and Co.’s allergy and asthma drug Singulair, the best-selling drug of one of the world’s largest drug makers, continued Friday as a group of drug distributors and health insurers sued Merck.
Bank of America drops arbitration requirement
Bank of America Corp. said that as of Thursday it will stop requiring that disputes with its credit card holders and banking and lending customers be settled by binding arbitration, opening the door for class-action and other lawsuits to push up the bank’s legal costs.
Okla. attorney general takes on poultry industry
TAHLEQUAH, Okla. — It’s hard to picture the crystal-clear Illinois River that Oklahoma Attorney General Drew Edmondson remembers from his youth, how he could look to the bottom and spot a dime, no matter how deep the water.
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