Legal

The multi-year long legal dispute between Apple Inc. (NASDAQ: AAPL) and Qualcomm, Inc. (NASDAQ: QCOM) expanded Monday after a Chinese court granted Qualcomm an injunction against the iPhone maker. What Happened A court in China banned the import and sale of nearly every iPhone model in the country...

Tesla Inc (NASDAQ: TSLA)’s year of resignations isn’t over yet. Late Wednesday, the automaker counted its general counsel among an ever-expanding list of high-level departures. What Happened Head lawyer Todd Maron will conclude his five-year tenure with Tesla and hand the reins over to...

Qualcomm, Inc. (NASDAQ: QCOM) and Apple Inc. (NASDAQ: AAPL)'s ongoing legal battles could be coming to an end, Qualcomm CEO Steve Mollenkopf told CNBC.  What Happened Apple accused Qualcomm of making irrational demands to receive a fee for each iPhone it sells, while Qualcomm alleges Apple...

Apple Inc. (NASDAQ: AAPL) is defending a lawsuit dealing with the Apple Store consumers' ability to sue the company. A Supreme Court decision in the case could affect Apple's share price, according to Bank of America Merrill Lynch.  The Analyst Analyst Wamsi Mohan maintained a...

General Motors Company (NYSE: GM) is closing five plants in 2019 as part of plans to cut $4.5 billion in costs and lower capital expenditures by $1.5 billion by 2020, the automaker said Monday.  Assembly lines in Oshawa, Ontario; Detroit; and Warren, Ohio, and propulsion plants in White Marsh...

The cryptocurrency sell-off continued Tuesday after Bloomberg reported the U.S. Department of Justice and the U.S. Commodity Futures Trading Commission are investigating cryptocurrency market price manipulation. What Happened The DoJ and the CFTC have been coordinating on a criminal probe of...

AT&T Inc. (NYSE: T)’s CNN is suing President Donald Trump and five aides in order to restore chief White House correspondent Jim Acosta’s press pass. The White House suspended Acosta’s access last Wednesday, citing inappropriate behavior at a presidential news...

India Globalization Capital, Inc. (NYSE: IGC), which has become a popular cannabis play in recent months, was halted Monday after the NYSE announced it will be delisting the stock. What Happened The NYSE said it will be delisting India Globalization Capital after finding it violated the Section...

An arrest was made Friday in a nationwide manhunt for the culprit in the mailing of pipe bombs to a dozen current and former Democratic government officials and supporters, many of whom have been targets of President Donald Trump's ire.  The Suspect The suspect in the mail bombs is 56...

Tesla Inc. (NASDAQ: TSLA) had a great week, with a two-day run in company stock, strong third-quarter earnings and a 25-percent uptick in shares since Monday.  Clouds appeared overhead Friday with reports of a widening criminal investigation by the Federal Bureau of Investigation....

The statistics are alarming: a shortage of 50,000 truck drivers today, and perhaps 100,000 or more in just a few short years. There are those who believe the shortage is related to compensation and not a lack of willing drivers, but whatever the reason is, trucking companies are struggling to fill...

Exxon Mobil Corporation (NYSE: XOM) stock traded lower by 1.2 percent Wednesday. The New York Attorney General filed a lawsuit against the company alleging that it misled investors about the risks associated with climate change. What Happened New York Attorney General Barbara Underwood filed a...

A judge's order rejecting a motion to dismiss a court case filed against PAM Transport (NASDAQ: PTSI) is a significant step in a process that could lead to a new regime regarding the minimum wage and truck driver pay. At issue in the case is whether a truck driver should get paid for total time...

Every quarter, Brad Jacobs, XPO Logistics, Inc.'s chairman and CEO, rings up a cluster of journalists to discuss the company's financial results and to field as many queries from each as time allows.  If the New York Times had been on Jacobs' list of outlets, by now it has...

Sears Holdings Corp (NASDAQ: SHLD)'s years-long struggle in a tough retail environment culminated in the department store filing for Chapter 11 bankruptcy protection this week. A Chapter 11 bankruptcy facilitates reorganization of a company through a plan to keep its business alive and pay...