Microsoft Corp. won’t be able to seek another import ban against some handsets made by Google Inc.’s Motorola Mobility, though it can get damages under a ruling issued by a U.S. appeals court yesterday.
Analysts predict Goldman Sachs Group Inc. will pay $1 billion or more to settle a Securities and Exchange Commission fraud suit that triggered a 26 percent drop in the firm’s stock, Bloomberg News’s Jesse Westbrook and David Scheer report. Extracting such a record-setting penalty may be easier said than done.
Thomas Welch knows there’s a better chance he will be fired than retire. So he spent his vacation interning at Merrill Lynch Wealth Management to prepare for a second career to sustain him for the next 40 years.
Microsoft Corp. accused U.S. Customs officials of refusing to follow a trade agency’s order to block imports of phones made by Google Inc.’s Motorola Mobility unit in a lawsuit that seeks to alter how such cases are handled.