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  • UPDATE 1-InterDigital loses another round in patent fight Wednesday, 18 Feb 2015 | 4:55 PM ET

    InterDigital had sued phone maker Nokia and ZTE Corp over patents used in the phones. Since the suit was filed, Nokia's handset business was purchased by Microsoft Corp. Microsoft was pleased with the decision, said spokesman David Cuddy.

  • Feb 17- Saladworks LLC, which calls itself the largest U.S. franchised fresh salad chain, filed for bankruptcy on Tuesday to fend off litigation by Commerce Bancorp Inc founder Vernon Hill II, its minority shareholder. Commerce was sold in March 2008 to Toronto-Dominion Bank. Hill in March 2008 invested $7.75 million for a 30 percent equity stake, with founder...

  • WASHINGTON, Feb 17- Five Republican state governors say they will not rescue a crucial part of Obamacare if it is struck down by the Supreme Court, underlining the prospect for a chaotic aftermath to a ruling that could force millions of Americans to pay much more for coverage or lose their health insurance. In response to Reuters' queries, spokespeople for the...

  • RadioShack starts process to auction 1,700 store leases Thursday, 12 Feb 2015 | 11:00 AM ET

    Feb 12- Bankrupt electronics retailer RadioShack Corp kicked off a process to auction leases of about 1,700 stores to avoid paying an estimated $7 million in rent next month. RadioShack had a tentative deal to sell as many as 2,400 of its 4,100 stores to an affiliate of hedge fund Standard General, one of its lenders and largest shareholders.

  • ST. LOUIS/ WASHINGTON, Feb 12- Clashes over strategy within JPMorgan Chase& Co's compliance operations have led to the departure of a series of managers in the past year, according to three of those who have left. The moves are being watched closely by the rest of Wall Street and could be adopted more widely if JPMorgan is successful in keeping compliance costs under...

  • Feb 11- The parent of Trump Taj Mahal, one of Atlantic City, New Jersey's struggling casinos, has settled U.S. government charges that it violated federal laws designed to thwart money laundering, court filings show. Trump Taj Mahal Associates LLC agreed to the assessment of a $10 million civil penalty by the Treasury Department's Financial Crimes Enforcement...

  • Feb 10- Valeant Pharmaceuticals International Inc will scoop up bankrupt cancer vaccine maker Dendreon Corp, after no additional qualified bids came forward by Tuesday's deadline, Valeant said. Valeant, of Laval, Quebec, will get Seattle- based Dendreon's Provenge cancer treatment and other assets for $400 million in cash. Dendreon and Valeant will seek court...

  • Feb 10- Valeant Pharmaceuticals International Inc appears poised to scoop up bankrupt cancer vaccine maker Dendreon Corp after another potential buyer dropped from the bidding process, three sources close to the sale told Reuters. Valeant, of Laval, Quebec, has agreed to pay $400 million for the assets of Seattle- based Dendreon, best known for its Provenge...

  • Sergey Aleynikov, the former programmer, filed his lawsuit in Delaware Chancery Court less than two months before he faces a scheduled April 1 jury trial in a related criminal case in a New York state court in Manhattan. In that case, Manhattan District Attorney Cyrus Vance is accusing Aleynikov of having stolen Goldman computer code in 2009 as he prepared to...

  • Valeant, of Laval, Quebec, has agreed to pay $400 million for the assets of Seattle- based Dendreon, best known for its Provenge cancer treatment.

  • WILMINGTON, Del., Feb 10- The Revel Casino Hotel in Atlantic City, New Jersey, asked a U.S. bankruptcy judge to end its agreement to sell the gambling complex to Florida developer Glenn Straub for $95.4 million, according to a Tuesday court filing. The hotel's legal team also asked Judge Gloria Burns in Camden, New Jersey, for permission to keep Straub's $10 million...

  • WILMINGTON, Delaware, Feb 9- Bankrupt electronics retailer RadioShack Corp got court approval on Monday to borrow $10 million to support its operations until it opens the bidding this month for its best-performing stores. RadioShack, which filed for Chapter 11 bankruptcy last week, has an initial deal to sell as many as 2,400 of its 4,100 stores to an affiliate...

  • Feb 6- Symantec Corp, maker of the popular Norton antivirus software, was ordered to pay $17 million in damages on Friday after a federal jury in Delaware found it had violated two patents owned by Intellectual Ventures, a major patent licensing company. The verdict is a blow to Mountain View, Calif.- based Symantec. A Symantec spokesman said the company was pleased...

  • Feb 6- Symantec Corp, maker of the popular Norton antivirus software, was ordered to pay $17 million in damages on Friday after a federal jury in Delaware found it had violated two patents owned by Intellectual Ventures, a major patent licensing company. While a blow to Mountain View, Calif.- based Symantec, the verdict, which also confirmed the validity of the...

  • RadioShack would accept liquidation bids -lawyer Friday, 6 Feb 2015 | 4:45 PM ET

    Feb 6- A lawyer for RadioShack on Friday said the bankrupt electronics chain would accept all kinds of bids for its assets, including from liquidators, although any transaction would require court approval. RadioShack, which filed for Chapter 11 protection on Thursday, has a tentative deal to sell as many as 2,400 of its 4,100 stores to an affiliate of hedge fund...

  • Cash withdrawals totaled $150 billion from Pimco's U.S. open-end mutual funds in 2014. In January, investors pulled $11.6 billion from the Pimco Total Return Fund. 'said Mendel Melzer, chief investment officer for The Newport Group, a Heathrow, Florida- based consultant to institutional investors, including 400 retirement plans, with $21 billion in assets...

  • Feb 5- Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to an affiliate of hedge fund Standard General, its lender and largest shareholder. Wireless company Sprint Corp would operate as many as 1,750 of those stores under an agreement with Standard General, Sprint...

  • Feb 5- Electronics retailer RadioShack Corp filed for U.S. bankruptcy protection on Thursday and said it had a deal in place to sell as many as 2,400 stores to Sprint and an affiliate of hedge fund Standard General, its lender and largest shareholder. RadioShack listed $1.2 billion of assets and $1.39 billion of debts in its Chapter 11 filing in U.S. Bankruptcy...

  • RadioShack files for Chapter 11 bankruptcy protection Thursday, 5 Feb 2015 | 5:32 PM ET

    Sept 11- Electronics retailer RadioShack Corp filed for Chapter 11 bankruptcy protection and said shareholder Standard General LP would buy 1,500 to 2,400 of its stores. RadioShack listed assets of $1.2 billion and liabilities of $1.39 billion in its bankruptcy petition in a Delaware court. The case is In Re: RadioShack Corp, Delaware Court, District of...

  • BRIEF-RadioShack files for Chapter 11 bankruptcy Thursday, 5 Feb 2015 | 5:14 PM ET

    *Files for chapter 11 bankruptcy-- court records. *Files with U.S. bankruptcy court in Delaware. *Says has $1.2 billion assets, $1.39 billion debts as of November 1, 2014.