Yahoo Inc. said it will take space at Hearst Corp.’s San Francisco Chronicle building in the city’s South of Market neighborhood, putting it closer to an area of rapid growth that’s home to technology companies.
A man fired from his job near the Empire State Building returned to his former workplace today and shot a co-worker, triggering a firefight with police near one of Manhattan’s most recognizable landmarks. The shooter and a 41- year-old man were dead after the violence, and as many as nine people were injured.
Novell Inc. and Microsoft Corp. made closing arguments today in Novell’s case claiming the world’s largest software maker unfairly used its monopoly on personal computer operating systems to suppress WordPerfect, a rival word-processing program.
Morgan Stanley reached a settlement with MBIA Inc. over credit-default swaps that led to billions of dollars of losses for the bank, agreeing to terminate the contracts and drop a challenge to the insurer’s restructuring.
Witnesses for Intuitive Surgical Inc. testified that heart disease, not a failed robotic procedure, killed a patient whose widow is suing the company over claims that overly aggressive marketing caused surgical errors.
Officials preparing to spend $7 billion to build a U.S. emergency-services radio network aren’t listening to companies with expertise, according to executives who met yesterday to air complaints about the program.
Citigroup Inc., whose $285 million settlement with U.S. regulators over a collapsed collateralized debt obligation was faulted by a federal judge as too lenient, may have to pay more money to avoid admitting it did anything wrong, said lawyers following the case.