Standard and Poor’s is expected to pay just over $1 billion to settle lawsuits from the U.S. government and several states that had accused the McGraw Hill Financial Inc unit of inflating credit ratings on toxic assets before the 2008 financial crisis, according to a person familiar with the matter.
The U.S. federal claims court on Tuesday denied a motion by United Launch Alliance seeking dismissal of a lawsuit filed by privately held SpaceX against the company and the U.S. Air Force.
Apple Inc (AAPL.O) sued Ericsson (ERICb.ST) alleging that the Swedish company's LTE wireless technology patents are not essential to industry cellular standards and that it is demanding excessive royalties for these patents.
The former mayor of the southwestern city of Iguala has been charged with last year's kidnapping of 43 students who are feared to have been killed, a top security official said on Tuesday.
