Google and Apple Adjust Strategies on Mobile Payments

The battle for mobile software dominance revolves around two companies: Apple and Google. Now both giants are also going head-to-head in mobile payments, as they prepare to push deeper into digital wallets.

Cisco Loses Supreme Court Patent Case: Intellectual Property

The U.S. Supreme Court sided with Commil USA LLC in its claim that Cisco Systems Inc. infringed its patent for wireless transmission technology and induced others to do the same by selling the equipment at issue.

Tobacco firms challenge plain packaging law

Two of the world's biggest tobacco companies have challenged the legality of the UK government's plain packaging regulations.

BlackBerry Plans Share Buyback to Offset Employee Incentives

BlackBerry Ltd. plans to buy back and cancel as many as 12 million shares, or 2.6 percent of its public float, to offset a new employee share purchase plan.

Nationwide's profits rise 54% to £1bn

Nationwide building society has reported a 54% rise in annual pre-tax profit to £1.04bn as it regained its position as the UK's second largest mortgage lender.

McDonald's shuts down restaurant amid protest over low wages

OAK BROOK, Ill. (AP) -- McDonald's shut down a restaurant near its headquarters Wednesday after the area was swamped by hundreds of protesters calling for pay of $15 an hour and a union.

Record fines for currency market fix

Five of the world's largest banks are to pay fines totalling $5.7bn (£3.6bn) for charges including manipulating the foreign exchange market.