Lifting a 40-year-old U.S. ban on crude exports would create a wide range of jobs in the oil drilling supply chain and broader economy even in states that produce little or no oil, according to a report released on Tuesday.
Legal & Regulatory
U.S. jury says Motorola infringed one Intellectual Ventures patent
Patent holding company Intellectual Ventures' second crack at holding Motorola Mobility liable for using its technology without permission partially succeeded on Wednesday after a U.S. jury in Delaware found Motorola infringed a patent on multimedia text messaging.
Italy prosecutors wrap up tax probe into Apple
Italian prosecutors have wrapped up an investigation into allegations U.S. tech giant Apple (AAPL.O) failed to pay corporate taxes to the tune of 879 million euros ($964 million), two sources said on Monday.
SEC to allow shareholder vote on Wal-Mart independent chairman
Wal-Mart Stores Inc (WMT.N) shareholders will vote in June at the company's annual meeting on electing an independent board chairman, after U.S. regulators rejected a request by the retailer to block the proposal.
U.S. regulators give Amazon go-ahead for drone tests
Amazon.com Inc has won approval from U.S. federal regulators to test a delivery drone outdoors, as the e-commerce company pursues its goal of sending packages to customers by air, even as it faces public concern about safety and privacy.
Latest News
The United Steelworkers union and oil companies have reached a tentative deal to end the largest U.S. refinery strike in 35 years, the labor group and people familiar with the negotiations said on Thursday.
A federal judge said Facebook Inc must face a nationwide class-action lawsuit seeking to force the social media company to provide refunds when children spend their parents' money on its website without permission.
Apple Inc asked a U.S. court on Tuesday to dismiss a civil lawsuit filed by battery maker A123 systems over engineers hired by Apple, saying A123's claims were too speculative to proceed, according to a court filing.
A federal judge in California on Tuesday invalidated four Hewlett-Packard Co patents for being too abstract, marking a setback in the company's patent infringement lawsuit against competitor ServiceNow Inc.
The Australian government has sided with farmers who say official data vastly underestimates foreign ownership of the nation's farmland, as it moves to clamp down on overseas purchases of agricultural land.
Iran said oil prices would not rise above $60 a barrel until 2016 and that it would increase crude exports if Western sanctions over its nuclear program were lifted, the semi-official Mehr news agency reported on Friday.
Apple Inc (AAPL.O) is discussing a settlement in a lawsuit brought by electric car battery maker A123 Systems, which accused the iPhone maker of poaching top engineers to build a large-scale battery division.
The U.S. Securities and Exchange Commission's top enforcement chief warned on Tuesday that too many pharmaceutical companies are failing to accurately portray their dealings with federal drug regulators - a problem that could get them in trouble.
The Obama administration is battling Wall Street to win the support of dozens of Democrat lawmakers over rules that could rein in brokers who handle trillions of dollars in retirement accounts.
