An ex-Motorola Inc. software engineer should be found guilty of stealing trade secrets from the company to benefit a business in China and that nation’s military, a U.S. prosecutor told a federal judge.
The Standard & Poor’s 500 Index , which had its biggest weekly drop in three months last week, may face a “deeper correction” should it fall below its average during the past 20 days, according to StockCharts.com Inc.
Coca-Cola Amatil Ltd. won’t bid for Foster’s Group Ltd.’s beer division, the Sydney Morning Herald reported, citing an interview with incoming alcoholic beverages unit head John Murphy. Coca-Cola Amatil will instead focus on developing its own beer brands, the newspaper cited Murphy as saying. Murphy starts at the company on July 1, according to the Herald.
Prime Minister Julia Gillard dismissed a call from a member of her Labor party to step down before elections in three months as the Australian Workers Union pledged support for the country’s first female leader.