SETTLEMENT

California Tobacco Tax Measure Risks Going Up In Smoke

Tobacco can be used as a natural pesticide which is good news for farmers who have seen sales drop due to public health concerns. (Photo credit: The Goldsboro News-Argus)
Health-conscious Californians may mostly oppose smoking for its costs to public health and the economy but an aggressive tobacco industry campaign and general anti-tax sentiment may block a measure to raise taxes on smokers.

Solutions to Managing Foreign Cash Flows

Photos of yuan and U.S. dollar banknotes are displayed at a money exchange in Hong Kong
The hard reality is that companies involved in global trade are almost always exposed to exchange rate risk. Using very simple tools, uncertainty can be effectively stripped out of a transaction.
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Jury Rules For Google Against Oracle's Patent Claims

Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a legal fight between the two Silicon Valley giants over smartphone technology.
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Court Refuses To Delay BofA-Merrill Lynch Settlement

A federal judge in New York on Monday refused to delay the approval process for a controversial $20 million settlement between Bank of America Corp directors and shareholders who accused the bank of overpaying for Merrill Lynch & Co.
Apple

Samsung Becomes Top Smartphone Maker By Copying Our Products: Apple

Apple has criticized Samsung's recent success as the world's number one smartphone maker by saying that the South Korean tech giant got to the top spot by copying the Cupertino-based company's products. This comes at a time when both Apple and Samsung have agreed to drop roughly half the number of charges against each other, ahead of a court-moderated settlement talk in San Francisco to ensure that a trial can be heard as early as this summer.

Israel Cancels Early Elections; Opposition To Join Government

In an unexpected development, Israeli Premier Benjamin Netanyahu Tuesday called off early general elections hours after announcing his decision to hold polls on Sept. 4, almost a year earlier than it was originally scheduled. Israeli President Shimon Peres' office has confirmed the cancellation of the elections.
Walt Disney Green Ranking.

32 Key Earnings Reports To Watch This Week, May 7 - 11

First-quarter earnings season is winding down, with about 84 percent of the S&P 500 constituents already out with their results. However, we will still see a number of bellwether companies reporting results this week, including: Walt Disney, Macy's, Kohl's, OfficeMax, Cisco Systems, Nvidia, News Corp., AOL, Tyson Foods and Priceline.

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