Apple (NASDAQ:AAPL) applies for an injunction to stop the sales of eight Samsung (SSNLF.PK) smartphones which accounted for about $1.3 billion in sales for the latter in H1. Samsung’s response: “We will take all necessary measures to ensure the availability of our products in the U.S. market.”
Don’t Miss: Here’s How Apple Plans to EXTERMINATE Samsung.
Ford (NYSE:F) CEO Alan Mulally eyes the Chinese luxury car market, which is likely to be biggest in the world by 2020, and plans to launch the Lincoln brand in an effort to end the stranglehold of Volkswagen, BMW, and Daimler in the country.
A Las Vegas Sands (NYSE:LVS) executive gives short shrift to concerns regarding regulatory investigations, saying the company is in full compliance. The company continues to be bullish on Macau, claiming additional hotel rooms and investments in new facilities should push up revenues.
United Parcel Service, Inc. (NYSE:UPS) takes a stake in same-day delivery start-up Shutl with a view to garner the lucrative business from on-line retailers such as Amazon and eBay who are looking for solutions to enable faster deliveries of on-line purchases.