The U.S. Supreme Court ruled that the $399 million penalty was inappropriate because it represented "Samsung's entire profit from the sale of its infringing smartphones" for copying the iPhone's "rectangular front face with rounded edges and a grid of colorful icons on a black screen."...More
The Pentagon is looking to replace its ageing fleet of Boeing 747-200 aircraft, which will hit its 30-year service life next year, with the next Air Force One 747-8s estimated to lift off in 2023....More
Ford has undertaken an expensive effort to transform itself into a mobility company that can take on upstarts such as Uber Technologies Inc. and Google. The cost of that conversion is causing profits to fall this year and next....More
They may not be dead, but the Airbus and Boeing commercial aircraft deals struck this year with Iran likely will remain unresolved orders well into 2017 now that U.S. lawmakers have fired their first postelection salvo....More
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