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U.S. judge backs Microsoft in Motorola patent dispute

Microsoft Corp said on Wednesday it won a ruling in a Seattle court effectively preventing phone company Motorola Mobility from immediately obtaining an injunction in Germany that could stop Microsoft from selling its Xbox and other software products there, due to a patent disagreement.

North Korea: The Starving Nation That Can Launch Satellites

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North Korea is poised to launch its first satellite into orbit; the U.S. says it is a missile test in disguise. And tensions in northeast Asia are high as the North, an impoverished but nuclear-armed nation, engages in saber-rattling ahead of the launch.
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Nokia flagship smartphone's materials cost $209: IHS

Materials of Nokia's new flagship model smartphone, the Lumia 900, cost $209, some 46 percent of its retail price, with the Finnish firm saving on processor and memory cost, teardown analysis of research firm IHS iSuppli showed on Wednesday.
trading floor

Stocks Recoup Losses: Daily Markets Wrap

Stocks popped Wednesday on both sides of the Atlantic, one day after their worst loss of the year, on easing euro zone worries and hopes for a better-than-expected earnings season.
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Verizon Wireless to charge $30 fee for upgrades

Verizon Wireless will start charging customers a $30 fee for cellphone upgrades, on top of the price they pay for the new device, as the company looks to supplement its income to cover costs.
Buffett Rule

The Buffett Rule: Where It Stands, How It Works, And Why It May Not Be Enough

The Buffett Rule is a plan that would raise taxes on America's most wealthy, requiring those making $1 million or more per year to pay a minimum federal tax rate of 30 percent on all income. The idea is sparking heated debates, and that merits a closer look at how U.S. taxes are structured now, what sorts of changes Obama is pushing, and why exactly he's pushing them.
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March budget gap widened, reflects payment shifts

The monthly U.S. budget deficit widened to $198.16 billion in March from $188.15 billion in the same month a year earlier, partly because some benefit payments normally made in April were shifted to March, the Treasury Department said on Wednesday.
George Zimmerman

George Zimmerman To Be Charged: How Will The Nation React?

George Zimmerman is set to be charged Wednesday with the shooting death of Trayvon Martin on Feb. 26. The case has renewed a national debate over racial issues, so the world will be watching to see how the nation reacts to the long-awaited announcement of charges against the admitted killer.
US Federal Reserve

Rising Gas Prices Threaten Modest Economic Expansion: Fed

The U.S. economy expanded at a modest to moderate pace from mid-February through late March, but local industries remain concerned about high gas prices in coming months, the U.S. Federal Reserve said Wednesday in its new Beige Book.
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Wall Street rebounds after sell-off, Alcoa soars

U.S. stocks rose on Wednesday after an encouraging start to earnings season helped equities rebound from five days of losses that pushed the S&P 500 and the Nasdaq below key technical levels.
AIG

AIG Returns To U.S. Real Estate Investment

American International Group Inc., the beleagued insurance company that was brought to its knees by the subprime mortgage collapse, is re-entering U.S. real estate investment later this year.
Mortgage rates have bounced off at 26-year historic low in the week of Feb. 22, 2012.

U.S. Mortgage Applications Drop 2.4%: MBA

U.S. mortgage applications dropped 2.4 percent on a seasonally adjusted basis in the week ended April 6, compared to the prior week, the Mortgage Bankers Association said Wednesday.
Yemen

Yemen Battles Al Qaeda; Dozens More Dead

The Yemeni government continued to battle an al-Qaeda insurgency in the south of the country on Wednesday, killing at least 30 militants on the third consecutive day of fighting.

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