US major firms including Wal-Mart, Google, Morgan Stanley and Dell raised concerns regarding patent trolls and urged legislators to broaden US Patent and Trademark Office's scope of power in reviewing patents.
Industry
H&M joins e-commerce wave
H&M unveils its online store after several launch delays. Hennes & Mauritz had recently announced the launch of its online sales operations for the US market.
2013 is the golden era for IPOs: Barron's
Barron's said the second quarter of 2013 is the golden era for IPOs. The second quarter of 2013 showed a lot of companies presented their initial public offerings (IPO).
Moto X provides new options for consumers
Moto X, the phone from Google and Motorola, offers a new phone experience to its owners and users. Motorola is launching a new phone, billed as 'always listening' for the voice commands of its owner.
China's Politburo assures growth stability
China's top decision-making body said that it will work to ensure the growth of its economy. The Politburo, China's top decision-making body, declared that it will ensure the growth of its economy.
Latest News
A document seen by Reuters showed that Italian prosecutors are investigating JPMorgan in relation to their probe of Monte dei Paschi.
US President Barack Obama proposed a plan that would satisfy both Democrats and Republicans alike. On Tuesday, US President Barack Obama proposed a plan called the "grand bargain for middle-class jobs".
Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.
The SEC's new rule on sales of securities will allow starting companies and venture capitalists to gain more funds.
The Federal Reserve gave no indication that it intends to reduce its bond purchases, at least for now.
According to optimistic analysts, India is still on track to becoming the net super economy if only industrial houses continued to invest.
The Indian currency continued to decline, prompting investors to shy away from investing in the country.
Reuters reported that China's private businesses could experience succession problem in the next few years.
