The US appeals court in San Francisco said jurors used "an undue amount of speculation" in awarding Oracle $1.3 billion in damages in 2010.» Read More
WASHINGTON— U.S. home prices rose in July but at a slower rate compared with earlier this year. Real estate data provider CoreLogic said Tuesday that prices rose 7.4 percent in July from July 2013. But CoreLogic's monthly figures aren't adjusted for seasonality, such as increased buying that occurs in warm weather.
BERLIN— A court has barred ridesharing service Uber from operating in Germany, the latest shot in the popular app's fight with taxi drivers worldwide. Frankfurt state court spokesman Arne Hasse said Tuesday the decision that Uber can't offer its services without a specific permit under German transport laws applies nationwide.
DETROIT, Sept 2 Reuters)- Detroit's plan to recover from bankruptcy includes several blueprints for a new future. "What Detroit needed to start with was a reinvestment program," said James Spiotto, managing director of Chapman Strategic Advisors, a municipal finance consultancy.
LOS ANGELES— The FBI said Monday it was addressing allegations that online accounts of several celebrities, including Oscar-winner Jennifer Lawrence, had been hacked, leading to the posting of their nude photographs online. Apple said Monday it was looking into whether its online photo-sharing service had been hacked to obtain the intimate images.
RALEIGH, N.C.— North Carolina business recruiters offered Toyota more than $100 million in incentives for the world's largest carmaker to move its North American headquarters to Charlotte rather than a Dallas suburb, but still lost out to a Texas offer half that size.
MIAMI, Sept 1- When Charlie Crist last governed Florida, his green energy and climate policies made him few friends among the state's powerful electricity corporations.
BEIJING, Sept 1- A Chinese anti-trust regulator said on Monday it has given Microsoft Corp 20 days to reply to queries on the compatability of its Windows operating system and Office software suite amid a probe into the world's largest software company.
WICHITA, Kan.— A smartphone-based ride-sharing service that is popular in many cities has arrived in Wichita. The Wichita Eagle reports that Wichita is one of 22 U.S. cities where San Francisco- based Uber took to the streets Thursday.
LOS ANGELES/ NEW YORK, Aug 31- The "Guardians of the Galaxy" misfits reached a new box office stratosphere over the U.S. "Guardians" rang up $16.3 million in U.S. and Canadian ticket sales from Friday through Sunday, topping weekend charts for the third time since its Aug. 1 debut, according to estimates from tracking firm Rentrak.
LOS ANGELES— Five states are on the short list for a $5 billion factory that Tesla Motors plans to build so it can crank out batteries for a new generation of electric cars. The package of economic incentives that each state offers will help determine where Tesla builds the factory— Nevada, California, Texas, Arizona or New Mexico.
But the U.S. Department of the Interior's Office of the Solicitor determined it made a mistake 15 years ago by allowing too much discretion on what modern-day railroads can build or allow third parties to build on that land.
LOS ANGELES— From the start, little has been typical about Tesla Motors' plan for a $5 billion factory to make batteries for a new generation of electric cars. This spring, Tesla CEO Elon Musk announced that Tesla would take the extremely unusual step of spending millions to prepare sites in two states— or perhaps even three— before the finalist was chosen.
Massive debt, thousands of creditors and complex union and pension issues had many experts thinking Detroit's bankruptcy would take years to resolve, considering two California cities— Stockton and San Bernardino— filed a year before Detroit did and still haven't settled on plans.
The first night of the inaugural Budweiser Made in America music festival in Los Angeles went off with few problems, despite concerns from residents about possible security and traffic issues. Lamar noted the unique setting, saying, "I've been touring the world, and I ain't never done a festival in the heart of Los Angeles."
The Budweiser Made in America concert featured three large stages dotting Grand Park in front of Los Angeles City Hall, and food trucks were parked along the city streets the park spans. The event marks the West Coast expansion of the two-day festival that rap mogul Jay Z launched in Philadelphia in 2012..
Or it could have been Michael Bay's sequel-reboot hybrid "Transformers: Age of Extinction," the lone movie to even approach $1 billion globally. Even though it's not due in theaters for more than a year, no other film captured the popcorn-hunger of moviegoers quite like J.J. Abrams' resurrection of George Lucas' space opera.
Western intelligence services are worried about ISIS's extraordinary command of seemingly less lethal weapons: media.
MIAMI— When El Corral Burgers opened its first U.S. restaurant near Miami last year, Colombian-Americans came in droves to get a taste of home. Some came from Tampa and Orlando, "says Juan Mario Patino, a vice president of 4 JS Management, the company's U.S. franchisee.
NAPA, Calif.— Napa Valley's seismically reinforced winery buildings generally held up to the largest earthquake to hit Northern California in a quarter-century, but the precious wine piled inside often did not.
The repeal movement drew support from tea party groups, but Senate President Pro Tem Del Marsh, a Republican, blocked the bills with the support of one of the state's most powerful business groups, the Business Council of Alabama.