A Minnesota woman accused by the music industry of illegally downloading songs was ordered to pay $222,000 in damages, after an appeals court overturned a lower- court ruling that had reduced the amount.
Nestle SA offered to lift obstacles to rivals that make knockoff capsules for Nespresso coffee machines in France, aiming to end a probe by the competition regulator in the largest market for the iconic brand.
Sebastian Mercado has seen a lot of crazy charts comparing the massive flow of money into exchange-traded funds with other big trends. So the Deutsche Bank U.S. ETF strategist decided to add his own chart into the mix. ETF assets have more than doubled every four years since 2000. Financial markets willing, global ETF assets could reach a best-case $3.1 trillion by yearend, up from 2013's $2.2 trillion, says Mercado. The industry's growth and the trend the strategist pairs it with in the chart below show a .97 percent correlation.
Lime Wire LLC and founder Mark Gorton should pay the highest range of damages for harming the recording industry by allowing people to download songs for free, a lawyer for the music labels told jurors in a trial.
Vevo LLC, the online service partly owned by the world’s two biggest record companies, streamed a third more music videos in 2013, with the pop star Pink’s “Just Give Me a Reason” the most-viewed clip.