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Bits Blog: Microsoft Sues Samsung Over Android Royalty Payments

NYT > Business - 1 hour 48 min ago
The lawsuit claimed that Samsung failed to follow the terms of a 2011 patent licensing deal between the two companies.

Mobileye Soars in Debut

WSJ.com What's News US - 1 hour 58 min ago
Mobileye rallied in its trading debut, bucking an otherwise soft week for initial public offerings.

Hiring Settles Into Steady Gains

WSJ.com What's News US - 2 hours 6 min ago
Hiring by U.S. employers remained robust in July, if a bit slower than previous months, with a broad-based rise in payrolls extending a half-year streak of strong employment gains. The jobless rate ticked up to 6.2%.

Business Briefing: Berkshire Hathaway’s Profit Surges on Stock Swap

NYT > Business - 2 hours 23 min ago
The billionaire Warren E. Buffett’s company said its second-quarter profit soared 41 percent on a significant investment gain from a stock-swap deal completed earlier this year.

A Coveted Internship, but Its Holder Sues Anyway

NYT > Business - 4 hours 31 min ago
Kimberly Behzadi claims the talent agency ICM Partners, the talent and literary agency, violated minimum wage laws by not paying her.

FCC Mulls Banning Joint Bids at Spectrum Auction

WSJ.com What's News US - 4 hours 31 min ago
The Federal Communications Commission has proposed banning wireless companies from teaming up to bid at next year's spectrum auction, a move that appears aimed at discouraging a Sprint bid for T-Mobile US.

More Online Publishers Let Readers Fill the Space

NYT > Business - 4 hours 33 min ago
Media companies are adding technology that allows readers to upload digital material like links, text or video with varying levels of oversight.

Microsoft Says It Is Suing Samsung

WSJ.com What's News US - 4 hours 49 min ago
Microsoft Corp. said it has sued Samsung Electronics Co., claiming its rival violated a patent-licensing contract. The dispute involves technology included in Android, Google Inc.'s operating system for mobile phones and tablets.

Berkshire Profit Rises

WSJ.com What's News US - 4 hours 57 min ago
Warren Buffett's Berkshire Hathaway posted a 10.5% increase in operating profit, helped by an increase at the conglomerate's non-insurance businesses.

Evercore Near Deal to Buy ISI

WSJ.com What's News US - 4 hours 59 min ago
Boutique Wall Street firm Evercore Partners is nearing a deal to buy equity research and trading firm International Strategy & Investment Group, according to people familiar with the matter.

Moody's Upgrades Greece's Bond Rating

WSJ.com What's News US - 4 hours 59 min ago
Moody's Investors Service upgraded Greece's government bond rating two notches to Caa1, citing the country's significant fiscal improvement over the past year. The rating outlook is stable.

Congress and Hospitals Team Up For Veterans' Medical Care

The creation of a Veteran's Choice Fund to pay for veteran care at non-VA facilities could significantly decrease veteran wait-times for appointments.

SunPower Stock Crashes, but the Future Looks Bright

There's more than meets the eye to the latest numbers from SunPower.

Spirit AeroSystems Swings to Profit

WSJ.com What's News US - 5 hours 58 min ago
Spirit AeroSystems swung to a quarterly profit and raised its full-year sales and earnings' guidance, riding a wave of higher production at Boeing and significant cost cutting under new management.

Ex-Evercore Director Hixon Sentenced

WSJ.com What's News US - 6 hours 12 min ago
A former senior deal maker at Wall Street fixture Evercore Partners Inc. was sentenced Friday to 30 months in prison for his role in an insider-trading scheme. Frank Perkins "Perk" Hixon Jr. was with Evercore's mining and metals group.

Biotechnology Turns to the Furred and Four-Legged

NYT > Business - 6 hours 43 min ago
Entrepreneurs hope to develop innovative drugs for dogs and cats like those that have revolutionized the treatment of diseases like cancer in people.

Iliad Founder Sees Huge Potential in the U.S. Telecom Market

WSJ.com What's News US - 7 hours 54 min ago
Telecom company Iliad has thrived on its pledge to cut French household's mobile phone bills in half. Founder Xavier Niel, now pursuing T-Mobile US, sees the same opportunity across the Atlantic.

ISDA Rules Argentina Default Is 'Credit Event'

WSJ.com What's News US - 8 hours 6 min ago
The ISDA ruled Friday that sellers of credit default swaps tied to Argentine sovereign debt must pay buyers, judging the nation's failure to pay bondholders Wednesday a "credit event."

S&P 500: Investing Essentials

One of the oldest stock market indexes in the country, the S&P 500 serves as the backbone of American equity markets.

DealBook: Argentina Default Is Ruled a Credit Event for Swaps

NYT > Business - 8 hours 12 min ago
The International Swaps and Derivatives Association says Argentina’s failure to make a payment on its bonds earlier this week will activate credit default swaps on the country’s debt.


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