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U.S. extends BMW deadline to get replacement air bag inflators
March 26, 2016 by creative · Leave a Comment
BMW AG will get five more months to acquire Takata air bag replacement parts for a massive recall because tests showed some of the substitute inflators may also be defective, the U.S. auto safety agency said on Thursday. The deadline for the German automaker was extended to Aug. 31 because a replacement driver-side air bag inflator made by a supplier other than Takata failed during testing
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U.S. extends BMW deadline to get replacement air bag inflators
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Gilead ordered to pay Merck $200 million in hepatitis C drug patent dispute
March 26, 2016 by publisher · Leave a Comment
SAN JOSE, Calif.,/NEW YORK (Reuters) – A federal jury on Thursday ordered Gilead Sciences Inc to pay Merck & Co $200 million in damages for infringing two Merck patents related to a lucrative cure for hepatitis C. The damages award is far less than the $2 billion Merck had demanded. On Tuesday, the same jury in San Jose, California, upheld the validity of the patents, which
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Gilead ordered to pay Merck $200 million in hepatitis C drug patent dispute
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Turning to frack tech, stricken U.S. oil drillers test new limits
March 13, 2016 by elegant · Leave a Comment
Top U.S. shale producers are pushing fracking technology to new extremes to get more oil out of their wells, as they weather lower-for-longer oil prices. While the impact of the techniques may be scarcely noticeable on current U.S. output with so few wells in operation, it could mean drillers are able to accelerate production more fiercely than ever once prices recover. The hunt for the…
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Turning to frack tech, stricken U.S. oil drillers test new limits
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Ex-employee sues VW in U.S. over data deletion: German media reports
March 13, 2016 by publisher · Leave a Comment
A former employee of Volkswagen's U.S. subsidiary is suing the company for damages, claiming he was unlawfully fired after flagging internally what he alleged was illegal deletion of data, a group of German media outlets said on Sunday. The former employee at Volkswagen Group of America's data processing center in …
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Ex-employee sues VW in U.S. over data deletion: German media reports
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Apple urges U.S. government to form commission on encryption issues
February 22, 2016 by creative · Leave a Comment
Apple Inc on Monday urged the creation of a government panel on encryption to help resolve a standoff over national security and data privacy that erupted last week after the technology company refused a U.S. government demand to unlock an iPhone linked to one of the killers in a mass shooting in California in December. It was the latest move in a public and symbolic showdown between the …
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Apple urges U.S. government to form commission on encryption issues
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Obama, Southeast Asia leaders eye China and trade at California summit
February 15, 2016 by publisher · Leave a Comment
President Barack Obama will press leaders from Southeast Asia to boost trade and back common goals for the South China Sea during a summit starting on Monday that the White House hopes will solidify U.S. influence in the region. Obama will also discuss curbing North Korea and plans…
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Obama, Southeast Asia leaders eye China and trade at California summit
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As Big Oil shrinks, boards plot different paths out of crisis
February 7, 2016 by admin · Leave a Comment
By Ron Bousso and Terry Wade LONDON/HOUSTON (Reuters) – As oil and gas companies cut ever-deeper into the bone to weather their worst downturn in decades, boards have adopted contrasting strategies to lead them out of the crisis. Crude prices have tumbled around 70 percent over the past 18 months to around $35 a barrel, leading to five of the world's top …
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As Big Oil shrinks, boards plot different paths out of crisis
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VW may offer discounts to owners of cars with illicit software, DPA says
January 20, 2016 by elegant · Leave a Comment
FRANKFURT/BERLIN (Reuters) – Volkswagen may offer VW owners in Germany discounts on new cars if they turn in certain old models affected by the emissions scandal that has rocked Europe's biggest carmaker, German news agency DPA reported on Sunday. Volkswagen is battling the biggest business crisis in its 78-year history after admitting last month it installed software in diesel vehicles to deceive U.S. regulators about the true …
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VW may offer discounts to owners of cars with illicit software, DPA says
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Apple seeks India government approval to set up retail stores
January 20, 2016 by creative · Leave a Comment
MUMBAI (Reuters) – Apple Inc has filed an application with the Indian government to set up its retail outlets in one of the fastest-growing smartphone markets, a spokesman for the Cupertino
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Apple seeks India government approval to set up retail stores
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Alibaba names new head of anti-counterfeiting, IP unit
December 21, 2015 by elegant · Leave a Comment
(Reuters) – Alibaba Group Holding Ltd appointed Matthew Bassiur as head global intellectual property enforcement to oversee the company's anti-counterfeiting and intellectual property rights protection efforts. The appointment comes days after the Chinese e-commerce giant avoided being named on a U.S. blacklist for sites hosting the sale of fake goods. Alibaba's Taobao Marketplace and Alibaba.com were both previously on the piracy blacklist, which highlights markets
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Alibaba names new head of anti-counterfeiting, IP unit