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Judge Orders Hostess to Mediate with Union

Twinkies won't die that easily after all. Hostess Brands and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet.

Buffett's Blind Spot: David Sokol's Unethical History

David Sokol, once considered a likely successor to Warren Buffett as CEO of Berkshire Hathaway, resigned this week from Berkshire under a cloud of possible insider trading charges. But these recent ethical lapses are hardly the worst of Sokol's business transgressions.

Why a New York Judge Is Throwing Out Foreclosure Cases

On Oct. 20, New York courts ordered attorneys for foreclosing banks to swear they'd personally confirmed that their documents are true and accurate. But a Brooklyn judge has taken things a step further. Since the banks aren't complying, he has started throwing out foreclosure cases.

Toyota Asks Court to Toss Unintended Acceleration Lawsuits

Toyota is asking a federal court in California to dismiss lawsuits claiming that electronics -- not floor mats or sticky gas pedals -- are the cause of unintended acceleration in its vehicles, saying plaintiffs have not proved there's a design defect in the vehicles' electronic systems.

Judge Orders Oil Company to Pay $22.9 Million for Understating Royalties

An oil company was ordered to pay $22.9 million for understating the amount of royalty it owed the federal governments for oil pumped from offshore oil leases. A federal judge ruled that Kerr-McGee Corp. understated the value of the oil and natural gas produced from the leases, allowing it to pay fewer royalties than the government was entitled to, The Wall Street Journal said.

Judge: DNA Isolated in Genes Can't Be Patented

In a ruling with far-reaching implications for the patenting of human genes, a judge struck down patents on two genes linked to higher risk of breast and ovarian cancer. Challenging patents on human genes was expected to have broad implications for the biotechnology industry and genetics-based medical research.