Business

Apple's huge $1 billion victory over Samsung in a patent infringement case might be short lived if the U.S. Patent and Trademark Office decide to invalidate an Apple patent that is central to the case.

An idea percolating in the Congress, aimed at helping avoid the "fiscal cliff," would scrap the steep across-the-board spending cuts of $109 billion set to start on January 2 and replace them with more targeted savings of about $55 billion, according to aides familiar with the discussions.

Results of a Gallup Poll released Wednesday show the former governor of Massachusetts Mitt Romney has a six point lead on President Barrack Obama.