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MADISON, Wis.-- The Wisconsin Senate has passed a bill that would ban Wisconsin Economic Development Corp. employees from negotiating contracts that might benefit them. The Senate approved it on a voice vote Tuesday. Scott Walker, who supports the bill.
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INCLINE VILLAGE, Nev.-- PDL BioPharma Inc. said Tuesday it wants take Roche's Genentech business to arbitration over a royalty payment dispute. The company filed a notice with the American Arbitration Association in New Jersey.
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WASHINGTON, June 10- The U.S. Supreme Court agreed on Monday to hear British company BG Group Plc's appeal over a $185.3 million arbitration award it won against Argentina that an appeals court later threw out.
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WASHINGTON, June 10- The U.S. Supreme Court on Monday agreed to hear British company BG Group Plc's appeal over a $185.3 million arbitration award it won against Argentina that an appeals court later threw out.
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NEW YORK, June 3- The U.S. manufacturing sector contracted in May, driving activity to the lowest level in nearly four years, in the latest sign the economy is encountering a soft patch. Last month's regional manufacturing snapshots were mixed, with activity in New York State and the mid-Atlantic region contracting, but Chicago rebounding.
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*Dollar falls below 100 yen, lowest since early May. NEW YORK, June 3- Stocks and the dollar declined on Monday in volatile trading after a U.S. report on domestic manufacturing activity showed a contraction for the first time in six months, raising concerns about the health of the U.S. recovery.
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NEW YORK, June 3- U.S. manufacturing activity contracted in May for the first time in six months as new orders slipped and there was less demand for exports, an industry report showed on Monday. The Institute for Supply Management said its index of national factory activity in May fell to 49.0 from 50.7 in April, short of expectations for 50.7.
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*Microsoft to pay $1 million up front to Vringo. Microsoft has agreed to pay $1 million and enter into a licensing agreement as part of the agreement, according to Vringo's U.S. regulatory filings. In the lawsuit, filed in U.S. District Court in Manhattan, I/P Engine said Microsoft had used search technology based on inventions by two employees of Vringo.
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*Cuts would save $150 million a year. May 29- Bankrupt Patriot Coal Corp. can reject collective bargaining agreements, cease pension contributions and convert retiree healthcare to an outside fund as part of its plan to save $150 million a year in labor costs, a court ruled on Wednesday.
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CARACAS, May 29- A World Bank arbitration tribunal has thrown out a compensation claim by a subsidiary of Taiwanese state oil company CPC Corp for nationalization of assets in Venezuela, state oil company PDVSA said.
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Zinio's magazine reading app has been around for a dozen years. But a new version, exclusively for Nokia's Lumia Windows Phone 8, makes the most of the phone's capabilities.
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NEW YORK, May 17- SunTrust Banks Inc won an court order on Friday preventing a Connecticut- based hedge fund from moving forward with a $13 million arbitration over mortgage-backed securities.
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NEW YORK, May 16- Factory activity in the U.S. mid-Atlantic region contracted in May as new orders fell and its employment index hit a more than three-year low, the latest figures to suggest growth in the second quarter is cooling, a survey showed on Thursday.
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NEW YORK, May 16- Factory activity in the U.S. mid-Atlantic region contracted in May as new orders fell to their lowest level in almost a year, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index dropped to minus 5.2 from 1.3 in April, worse than economists' expectations for a slight gain to 2.4.
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*Iran offers production sharing contracts. DUBAI/ DELHI, May 9- Iran has offered new, more alluring terms to reluctant Indian companies to win the investment it craves for its decaying energy sector suffering from tight Western sanctions.
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Electronic Arts licensed weapons from companies like McMillan Group International as part of a marketing collaboration for "Medal of Honor: Warfighter." Electronic Arts says it is severing its licensing ties to gun manufacturers- and simultaneously asserting that it has the right, and the intention, to continue to feature branded guns without a license.
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NEW YORK, May 6- For the second time in a week, a federal judge has blocked a securities arbitration against Citigroup Inc, allowing the bank to avoid fighting a multi-million dollar case before Financial Industry Regulatory Authority arbitrators.
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May 2- Engineering company Fluor Corp posted a better-than-expected quarterly profit on Thursday, helped by contracts to build oil and natural gas facilities. Fluor's first-quarter net profit was $166.5 million, or $1.02 per share, compared with $154.9 million, or 91 cents per share, in the year-ago period.
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DETROIT, April 26- Tesla Motors Inc, the 10- year-old U.S. automaker led by billionaire Elon Musk, unveiled a service program on Friday meant to quell fears about buying and maintaining an electric car and boost sales of the Model S sedan in the long run. The program includes a warranty on the battery pack that covers damage caused by poor maintenance.
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PARAMARIBO, April 26- Suriname's state oil company Staatsolie and Malaysia's Petronas signed a production sharing contract on Friday for an offshore bloc about 130 kms off the coast of the South American nation.
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