Industrial output rises strongly fueling the recovery
April industrial production rose 0.8 percent beating expectations and marking the strongest showing since January. Manufacturing led gains with a 1 percent rise for the second straight month as inventories begin to rebuild and demand improves. Jobs rose 290,000 in April, the largest monthly increase in four years.
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Appeals court weighs en banc review in TiVo dispute with Dish
The Federal Circuit granted Dish Network Corp. a full court review of a ruling that could force Dish to disable DVRs amid its patent battle with TiVo. TiVo claims damages near 400 million dollars while Dish contemplates an uncertain path to victory after six years of litigation.
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