The National Basketball Association has imposed several restrictions that would ultimately force Los Angeles Clippers owner Donald Sterling out of the league following the release of an audio tape of him making racial comments, Yahoo Sports said.
A lawyer for Apple Inc insisted in its final arguments that Samsung Electronics Co has been copying the iPhone maker for years to build its growing business in the smartphone market, Bloomberg reported.
Despite the UK's defeat in its initial challenge to the proposed common financial-transactions tax in the European Court of Justice, its Treasury department said that the nation has plans to continue pursuing with its case even after the measure has been implemented, Bloomberg said.
According to an unidentified source, Credit Suisse Group AG and BNP Paribas SA might be prosecuted by US and state prosecutors over claims that they violated state and federal laws.
