Law & Society

A court in China sentenced a well-known businesswoman to 20 years in jail for corruption on Tuesday, saying the woman with ties to a disgraced former railways minister was guilty of bribery and illegally running a business.

A software update for Apple Inc's iPod music player was not a product improvement, but was intended to improperly raise costs for consumers who wanted to switch to newer devices, an attorney for Apple customers said in court.

The U.S. Securities and Exchange Commission moved on Monday to dismiss insider-trading proceedings against a man accused of illegally trading in Herbalife.