Samsung Ordered to Pay $118 Million for Infringing Netlist Patents
Nov. 22 By Blake Brittain A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products. The verdict follows a $303 million…
Analysis-Trump’s Return Could Extend US Stocks’ Dominance Over Global Rivals
Nov. 21 By Lewis Krauskopf U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow if President-elect Donald Trump can implement his economic platform without becoming mired in a full-blown trade war or ballooning the federal deficit. The…
Russian Gas Supply to EU Via Ukraine Steady Amid Row With OMV
Nov. 20 By Vladimir Soldatkin Russian gas exports to Europe via Ukraine were stable on Wednesday, data from Kremlin-controlled producer Gazprom showed, with nominations for flows to Austria from Slovakia also unchanged. Gazprom halted supply to Austria’s OMV on Saturday over a contractual dispute, the…
Republican Bill to Restrict First Transgender Member of Congress Draws Criticism
Nov. 19 By Moira Warburton A Republican member of the U.S. House of Representatives introduced a bill aimed at blocking the chamber’s first openly transgender member from using women’s bathrooms, a move that Democrats denounced on Tuesday. Representative Nancy Mace’s bill would prohibit House members…
Global Offshore Wind Industry Poised to Miss Big Targets as Obstacles Mount
Nov. 18 By Nichola Groom and Nina Chestney After a year of canceled projects, broken turbines, and abandoned lease sales, the global offshore wind industry no longer has much chance to hit the lofty targets set by governments in the U.S., Europe and elsewhere, marking…
Ukraine Strikes on Russia With US Missiles Could Lead to World War, Russian Lawmakers Say
Nov. 17 By Reuters Washington’s decision to let Kyiv strike deep into Russia with long-range U.S. missiles escalates the conflict in Ukraine and could lead to World War Three, senior Russian lawmakers said on Sunday. Two U.S. officials and a source familiar with the decision…
Boxing-Paul Beats Tyson as Former Heavyweight Champ Can’t Turn Back Clock
Nov. 16 By Rory Carroll Jake Paul beat boxing legend Mike Tyson by unanimous decision to win an intergenerational heavyweight battle in Texas on Friday that failed to live up to its enormous hype. The bout between the 27-year-old social media influencer-turned-prizefighter Paul and the…
Crypto Enforcement Seen Slowing as Trump Shifts Priorities
Nov. 15 By Luc Cohen and Chris Prentice Less enforcement in the cryptocurrency sector is on the horizon, as Republican President-elect Donald Trump prepares to reset policy at the Justice Department and regulatory agencies, current and former senior government lawyers said on Friday. Speaking at…
Cash-Strapped US Farmers Switch to Generic Crop Chemicals, in Blow to Big Manufacturers
Nov. 14 By P.J. Huffstutter and Heather Schlitz U.S. farmers struggling with slumping incomes and depressed grain prices have been switching to cheaper generic pesticides and fungicides as they plan for spring planting next year, which market analysts said could hit the bottom lines of…
Exclusive-China Battery Giant CATL Would Build US Plant if Trump Allows It
Nov. 13 By Zhang Yan and Kevin Krolicki CATL, the world’s top battery maker, will consider building a U.S. plant if President-elect Donald Trump opens the door to Chinese investment in the electric-vehicle supply chain, the company’s founder and chairman, Robin Zeng, told Reuters. “Originally,…
US Finds That Israel Is Not Impeding Assistance to Gaza; Aid Groups Disagree
Nov. 12 By Humeyra Pamuk and Daphne Psaledakis President Joe Biden’s administration has concluded that Israel is not currently impeding assistance to Gaza and therefore is not violating U.S. law, the State Department said on Tuesday, even as Washington acknowledged the humanitarian situation remained dire…
Record-Breaking Bitcoin Rally Nears $90,000 on Trump Boost
Nov. 11 By Tom Westbrook Bitcoin stood on the verge of $90,000 on Tuesday, riding a wave of euphoria since the election of Donald Trump as U.S. president on expectations his administration will be crypto friendly. The world’s biggest cryptocurrency has become one of the…