LAWSUIT

Former Washington Mutual Inc Chief Executive Kerry Killinger and two of his top lieutenants are nearing a settlement with the Federal Deposit Insurance Corp over the failure of what was the largest U.S. savings and loan.

Oracle Corp is seeking damages in the billions of dollars from Google Inc in a patent lawsuit over the smartphone market, according to a court filing.

The trustee seeking money for Bernard Madoff's victims plans to amend by June 24 his $6.4 billion lawsuit against JPMorgan Chase & Co , once the imprisoned Ponzi schemer's main bank.

Hewlett-Packard Co. sued Oracle Corp. in a period of eight months showing a sign of how badly the relationship between the information technology big shots has ragged.

Hewlett-Packard Co sued Oracle Corp on Wednesday over a chip dispute, highlighting the ever-growing breach between the one-time allies.

While media is abuzz with speculation about the upcoming iPhone 5, a new report suggests that Apple's next iteration of iPad, the iPad 3, will flaunt a retina display with a screen resolution of 2048x1536.

Betty White stopped by The Late Show Monday night to deliver the Top 10 list: Betty White Tips for Living a Long and Happy Life.

Journalist and labor organizer Jonathan Tasini filed a $105 million class action lawsuit against The Huffington Post, a website founded by Arianna Huffington for which Tasini wrote. Now four new plaintiffs have been added to the growing class action lawsuit that claims The Huffington Post's writers deserve to be paid.

Ford Motors has been ordered by Ohio Court to pay $2 billion to more than 3,000 US truck dealers for overcharging them.

Almost as quickly as it was announced, Apple was sued by a company claiming damages and infringement after Apple announced its use of the now famous iCloud name.

The failed launch of a perfume in memory of pop icon Michael Jackson caused a stench this week, as his father Joe Jackson distanced himself from a Frenchman behind the deal, and a lawsuit disputed their rights.

A federal judge said Toyota owners outside California who seek to recover losses in their vehicles' value resulting from unintended acceleration cannot pursue their claims under that state's laws.

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Apple's delay in launching iPhone 5 could be a deliberate attempt to buy time to spruce up its next phone offering in order to meet the new benchmark set by Android phones like HTC Sensation.

Finally, Google 'Chromebook' will be available to purchase on Amazon and BestBuy. It is still on pre-order stage in the United States. From 15th June, it will be begin shipping.

In the past few months, hackers have enjoyed a swelling of fame while their hits have suffered hurt customer credibility and financial loss. Now it's Citibank's turn.

Alabama Governor Robert Bentley signed a severe immigration enforcement law this morning, drawing threats of legal challenges from civil liberties advocates in the latest iteration of a battle that has played out in state capitols and courtrooms across the country.

Google will face charges pressed by the patent management company Isys Technologies for copyright infringement. Isys alleges that the terms Chromebook and Chromebox, brand names of devices that use Google Chrome OS, copies from its Chromium PC brand.

The top after-market NASDAQ Stock Market gainers are: Ulta Salon, Cosmetics & Fragrance, Motricity, Nanometrics, Dyax, and Analogic. The top after-market NASDAQ Stock Market losers are: QuinStreet, Yongye International, Measurement Specialties, Corinthian Colleges, and STEC.

Justices on the Wisconsin Supreme Court sharply questioned a county judge's decision to halt a law limiting collective bargaining for public employees yesterday.

HSBC said it agreed to pay $62.5 million to settle a class action brought against it in the United States over its role in providing administrative services to a fund which placed cash with Wall Street swindler Bernard Madoff.