Apple seeks sweeping bans on Samsung Galaxy smartphones
Apple submits eight Samsung Galaxy smartphones for removal from U.S. shelves after a San Jose jury verdict that found willful copying of iPhone and iPad features. Judge Lucy Koh schedules a Sept. 20 hearing on bans and quadrupling damages to 3.15 billion while Samsung appeals the verdict and requests more prep time.
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San Francisco
Apple Inc
Samsung Electronics Co
U.S
Lucy Koh
San Jose
Samsung
Apple
At&t
Koh
U.S. Supreme Court
Best Buy founder cleared to pursue buyout bid
Richard Schulze and Best Buy reached an agreement enabling Schulze to access confidential financials and form a private equity group to bid for Best Buy. He already holds 20 percent, with a 60 day window to present a fully financed proposal amid a non exclusive process. Analysts see it as a step toward a potential takeover.
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New York
Best Buy Co. Inc
Richard Schulze
Schulze
Best Buy
Wedbush Securities
Michael Pachter
Baghdad Embraces American Style Burger Boom
Baghdad sees a surge of new American style eateries offering milkshakes burgers and fried chicken as Iraqi investors launch local chains in Jadiriyah and other areas. The venture aims to attract adventurous diners despite ongoing violence while major US brands pause plans.
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Osama al-Ani
Chili House
Associated Press
Philly
Jadiriyah
Lee's
Recipe Chicken
U.S
Green Zone
Pizza Hut
Burger King
Subway
Yum Brands Inc
Taco Bell
KFC
Christopher Fuller
Hertz Wins Bid to Buy Dollar Thrifty Automotive Group
Hertz agrees to acquire Dollar Thrifty for about 2.3 billion dollars at 87.50 a share. The deal strengthens Hertz for global expansion and potentially higher prices as the two rental giants consolidate amid competition and market changes.
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Hertz
New York
Dollar Thrifty
Avis Budget Group
Avis
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