A federal judge denied the U.S. government’s request to delay an order that allows deepwater oil drilling to resume while the U.S. notified an appeals court it would challenge the decision lifting the six-month moratorium.
The U.S. Supreme Court agreed to take up a multibillion-dollar fight between the drug industry and federal antitrust enforcers, a case that may determine how quickly low-price generic medicines reach the market.
International Business Machines Corp., the largest computer-services provider, drew fire from a worker organization for a change to its 401(k) retirement plan that cuts the frequency of company contributions to once a year.
International Business Machines Corp. received a request from the Securities and Exchange Commission to describe its interactions with Iran, following reports that ZTE Corp. resold some IBM products in the country.
Fusion-io Inc., the maker of flash- memory technology that counts Facebook Inc. as its biggest customer and Steve Wozniak as chief scientist, is also offering potential buyers three times the average growth of its rivals.
International Business Machines Corp. said in March 2011 it had settled with U.S. regulators over allegations it bribed Chinese and South Korean officials to win at least $54 million in government contracts.