The United States has lost its appeal against a World Trade Organization ruling ordering it to bring its meat labeling laws into line with global trade rules, according to a government official familiar with the dispute.
Toshiba Corp (6502.T) has set up a committee headed by a former prosecutor to broaden a probe of accounting irregularities that overstated operating profits by at least $420 million in recent years.
Apple Inc (AAPL.O) and electric battery maker A123 Systems are close to settling a legal dispute over claims that the smartphone and computer maker, which is also looking into building an electric vehicle, poached A123 employees to build a large-scale battery unit.
The Philippines issued new rules for ride-sharing services such as Uber on Wednesday, becoming the first country to regulate specifically for such app-based car-hailing operations and prompting threats of legal action from the taxi industry.
