Samsung’s Injunction Fails and 2 Hot Stocks Trading Today
Apple (NASDAQ:AAPL) and other major publishers that include CBS’s (NYSE:CBS) Simon & Schuster and News Corp’s (NASDAQ:NWS) HarperCollins try to end an EU anti-trust investigation into e-book retailing with an offer to allow retailers to sell these books at discounted prices across two years. This is more power to Amazon’s elbow, and vindicates its stand in the e-book pricing controversy.
Don’t Miss: Are Apple Customers A Happy Lot?
Samsung’s (SSNLF.PK) application before US district Judge Lucy Coh to dismiss a temporary injunction on sales of the company’s Galaxy 10.1 tablet computer fails as the judge says she does not have jurisdiction, leaving Samsung with no option but to try its luck in a federal court
According to American Airlines (AAMRQ.PK), it has put more than 11,000 workers on notice their jobs may be lost due to a bankruptcy reorganisation, which could also entail a reduction in the number of its flights during the months of September and October.
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