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Battery maker A123 Systems is suing Apple, claiming it aggressively poached some key staff members in violation of their nondisclosure and noncompete agreements when they left A123. According to a lawsuit filed in U.S. District Court in Massachusetts, A123 is seeking a restraining order and preliminary injunction to stop … Read entire story.
Source: Business News
Both Xiaomi and its founder, Lei Jun, are big fans of Apple. The Chinese smartphone maker embraces Apple-like designs in its products and advertising, leading some to dub the company “the Apple of China.” And Lei cites Steve Jobs as an inspiration, saying that the 1984 book Fire in the Valley put him on the […]
Bank of Montreal reports it had a lower first-quarter profit than last year, although its main Canadian banking arm and other major parts of its business still showed growth.
Norges Bank governor Ida Wolden Bache © Nils Stian Aasheim/Norges Bank UK events: Foreign secretary Lord David Cameron makes his first appearance since his appointment before the House of Commons foreign affairs committee. Senior NHS doctors, known as consultants, face a deadline to vote on further strike action beyond their existing mandate, which expires on […]