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Author Archives: Bloomberg News

AstraZeneca judge to urge return of Seroquel cases

AstraZeneca Plc may face as many 6,000 trials of lawsuits claiming its antipsychotic drug Seroquel causes diabetes after a federal judge said she will recommend sending the cases back to their home courts. U.S. District Judge Anne Conway in Orlando, ...

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Verizon says AT&T suit meant to cut its holiday sales

Verizon Communications Inc. said AT&T Inc.’s request to a court to stop a Verizon advertising campaign is unfair right before the holidays. AT&T, the largest U.S. phone company, sued Verizon Wireless Nov. 3 in U.S. District Court in Atlanta, saying ...

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AT&T, Apple accused in suit of misleading consumers

Apple Inc., the most profitable handset vendor, and the wireless unit of AT&T Inc. were sued by a customer and accused of misleading buyers of iPhones. Apple, based in Cupertino, Calif., and AT&T, the second-largest U.S. mobile-telephone company, misled consumers ...

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Sept. 11 suspects to be tried in New York court

Khalid Sheikh Mohammed, the self- proclaimed mastermind of the Sept. 11 attacks, and four others accused of conspiring with him, will be tried in federal court in New York and likely will face the death penalty if convicted, Attorney General ...

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White House counsel Craig announces his resignation

Greg Craig, White House counsel, announced Friday that he’s resigning and will return to private law practice in Washington. Bob Bauer, who was counsel to President Barack Obama’s campaign, will replace Craig, according to a White House statement. “Because of ...

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Massey energy gets $50 million jury verdict overturned again

Massey Energy Co., the fifth-largest U.S. coal company, succeeded for a second time in getting a $50 million jury verdict thrown out after the U.S. Supreme Court said West Virginia’s highest court had to re-hear the case because its chief ...

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Intel to pay AMD $1.25 billion to settle disputes

Intel Corp. agreed to pay Advanced Micro Devices Inc. $1.25 billion as part of a legal settlement that ends a four-year dispute between the world’s two largest computer-processor makers. The settlement includes all antitrust litigation and patent cross-license disputes, the ...

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