IBM hits Amazon with e-commerce patent suit

Article Abstract:

IBM is suing Amazon.com Inc. for e-commerce patent infringement, after negotiations between the two companies ended recently . Five patents are involved in the suit, adding to the debate about whether patents on business methods should apply to the Internet.

Computer and Data Processing Services, Patents & copyrights, Computer services industry, Information technology services industry, Electronic commerce, E-commerce, Amazon.com Inc., Intellectual property, AMZN, Patent infringement

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IBM sets accord on pension plan for $300 million

Article Abstract:

American Express Co. has agreed to pay $300 milliion to partially settle the case over its cash-balance pension plan. The plan is said to be unfair to older employees and pensioners because it drastically reduces the rate at which their pensions grow.

Pensions, Age discrimination

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Ford and GM get SEC request on pension accounting practices

Article Abstract:

The United States Securities and Exchange Commission has launched an investigation into Ford Motors Co. and General Motors Corp. pension fund accounting practice.

Motor Vehicles and Equipment, Capital funds & cash flow, Investigations, Accounting and auditing, General Motors Corp., GM, Ford Motor Co., Transportation equipment industry, F, United States. Securities and Exchange Commission, Automotive industry

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