Chevron Ecuador case to Argentine court
Posted on November 01, 2012 at 19:38 PM EDT
Chevron Ecuador case to Argentine court ENERGYChevron case to ArgentinaEcuadoran plaintiffs will ask an Argentine court to enforce a $19 billion award against Chevron Corp. in a lawsuit over pollution in the Amazon rain forest by seizing the company's assets, a lawyer for the group said. On Oct. 9, the U.S. attorney's office in Manhattan sued Wells Fargo, claiming the bank made reckless mortgage loans that caused losses for a federal insurance program when they defaulted. PATENTSFTC staff wants to sue GoogleGoogle should be sued by the Federal Trade Commission for trying to block competitors' access to key smartphone-technology patents in violation of antitrust law, the agency's staff told commissioners in a formal recommendation, according to four people familiar with the matter. At issue are Google's efforts to block U.S. imports of products made by Microsoft and Apple by claiming the devices, which rely on industry-standard technology, infringe on patents owned by Google's Motorola Mobility unit, the people said. EARNINGSYelp reduces quarterly lossFourth-quarter forecasts from review website Yelp missed revenue estimates Thursday, as the company looks for new ways to sell advertising in older markets.