News Corp will pay $280 million to settle the accusations brought by consumer packed goods companies. The companies said that the media group has a monopoly on in-store advertising in the U.S.
FTC began a formal investigation into the business practices of Herbalife. After 22 months of inquiry, Herbalife claimed that it is in talks with the government regulators and said that the outcome of the talks was still uncertain.
President Barack Obama has tapped Brian Deese to head the White House's Supreme Court process. The White House also claimed that the adviser will lead a team to pick a Supreme Court nominee and win confirmation.
ESPN and Verizon have already made progress in their settleent in a disagreement over a TV package. The companies even asked the Supreme Court to put the legal lawsuit over Verizon's Fios Custom TV package on hold.
