Apple and Samsung jurors head to fr ay in tech case
California jurors ended a day of deliberations without a verdict in the Apple versus Samsung smartphone technology dispute. Eight jurors will resume on Friday as Apple seeks 2.2 billion dollars and Samsung requests 6 million. The trial began a month ago and concerns alleged infringement by both sides.
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Ford names Mark Fields as new chief executive
Ford declares Mark Fields will take over as CEO on July 1 succeeding Alan Mulally. The 53 year old leader helped craft the Way Forward program and must guide Ford through vehicle launches including the aluminum F-150 and MKZ MKC Lincoln revival while avoiding past infighting.
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Europe
Yellen notes Fed aims for lighter rules on small banks
Fed Chair Janet Yellen said the central bank will avoid unnecessary regulation on small banks while ensuring big lenders pose no systemic threat. She voiced a fresh look at smarter supervision for community banks and mentioned potential tweaks to curb over reliance on short-term funding by large banks.
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