According to a statement from the office of Michigan Attorney General Bill Schuette, Encana Corp has agreed to pay $5 million and submit a no contest plea to the charge that it conspired with Chesapeake Energy Corp to drive down prices in a May 2010 oil and gas auction.
A patent litigation expert said that it was not usual for a jury foreman, who is a veteran in the Silicon Valley, to lead the jury in the Samsung-Apple patent infringement case to deliver a "mixed bag" verdict, Bloomberg reported.
Several organizers of known industry events in Hollywood have pulled out their scheduled affairs at the Beverly Hills Hotel and the Hotel Bel-Air in the wake of the new Islamic Sharia law that United Nations said violates the rights of gays and lesbians, Bloomberg reported.
Bloomberg postulated that the federal probe by the US Federal Trade Commission could provide final answers on whether Bill Ackman's claims that Herbalife Ltd's operations are a pyramid scam or not.
