Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of J.C. Penney's stores across the country, despite a preexisting contract to sell some items exclusively at Macy's.
Apple had a major setback in its mobile patents battle with Samsung Electronics on Friday, as a federal judge slashed a $1.05 billion jury award by more than 40 percent and set a new trial to determine damages.
Macy's Chairman, President and CEO Terry Lundgren is scheduled to testify in New York State Supreme Court on Monday in a trial that pits the department store chain against rival J.C. Penney over a partnership with home diva Martha Stewart.
Jury selection for a major copyright case involving Oracle and its smaller competitor SAP started in Oakland, Calif., on Monday, marking the beginning of a trial between the two software rivals that's been more than two years in the making
In the settlement of a lawsuit that predates the financial meltdown, AIG has agreed to pay shareholders $725 million for years of fraudulent practices that led to investors loosing money on the stock. But they only get $175 million up front. The rest, they may wind up getting in shares of AIG.
Pharmaceutical giant Novartis lost a huge gender discrimination case in May, and faced $250 million in punitive damages, plus possibly hundreds of millions more in compensatory damages. Rather than deal with years of appeals, both sides settled Wednesday for $152 million.
When the FCC decided in 2004 to start fining broadcasters over the use of fleeting expletives, the agency became a caricature of a state censor. Now, the Second Circuit has ruled that the 'indecency' policy was unconstitutionally vague. So what's next for dirty words?
The Supreme Court will soon rule on whether Skilling gets a new trial or his sentence reduced. Meantime, Fortune has published a sympathetic profile in which he describes three key mistakes he feels led to his conviction.
Jurors get paid a pittance to serve -- certainly not enough to make up for lost wages. In this era of high underemployment, the forgone pay associated with missing work to do your civic duty is cutting deeper than ever. It can even result in less-than-perfect justice.
