Alibaba deal re-opens Yahoo takeover rumors
July 31, 2011
Private equity investors and others are reportedly weighing a possible bid for Yahoo Inc. in the wake of lukewarm reaction to the settlement of a dispute over its Chinese investments. All Things Digital reported on Sunday that unnamed “sources close to the situation” said investors are looking at the possibility of attempting a takeover or privatization of Yahoo (NASDAQ:YHOO). A group led by former News Corp.
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Alibaba deal re-opens Yahoo takeover rumors
Debt ceiling deal appears nearer as Senate forges plan
July 31, 2011
Congressional leaders appeared poised to vote Sunday on a deal to raise the nation’s credit limit and avert the economic catastrophe of letting the government run out of money to pay its bills. The U.S. Senate began debate Sunday on a compromise that lawmakers said might have enough support to pass both houses before Tuesday, the deadline when the government is expected to need to borrow more to meet its payments, according to published reports and statements politicians made on Sunday TV news programs…
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Debt ceiling deal appears nearer as Senate forges plan
Federal appeals court upholds ruling that county board meeting prayers violated the First Amendment
July 31, 2011
[JURIST] The US Court of Appeals for the Fourth Circuit [official website] on Friday upheld [opinion, PDF] a ruling by a federal district court that the Forsyth County, North Carolina, Board of Commissioners [official website] violated the First Amendment [Cornell LII backgrounder] by beginning its public meetings with sectarian prayer. The lawsuit against the county was originally filed by three residents who felt that “the Board’s legislative prayer policy did in fact violate the Establishment Clause [of the First Amendment]…
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Federal appeals court upholds ruling that county board meeting prayers violated the First Amendment
Florida Secretary of State requests approval of election laws in DC court
July 31, 2011
[JURIST] Florida Secretary of State Kurt Browning [official website] on Friday announced [press release] that he is seeking approval of portions of the state’s new election law in a federal court in Washington, DC. In June, Florida officials filed an application with the US Department of Justice (DOJ) [official website] seeking approval of the law. Browning has withdrawn four sections of the law [Palm Beach Post report] from consideration before the DOJ. The withdrawn sections are considered to be the…
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Florida Secretary of State requests approval of election laws in DC court
Federal judge declares Florida controlled substance law unconstitutional
July 31, 2011
[JURIST] A federal judge for the US District Court for the Middle District of Florida [official website] has declared [order, PDF] the state’s controlled-substances laws, which criminalize the “unknowing” possession of a controlled substance, unconstitutional. The decision, issued on Wednesday, stems from a petition for federal habeas corpus relief filed by Mackle Shelton, which included a claim that Florida’s Drug Abuse and Prevention statute [? 893.13, text] is “facially unconstitutional because it entirely eliminates mens rea as an element of…
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Federal judge declares Florida controlled substance law unconstitutional
Michigan AG appeals decision overturning affirmative action ban
July 31, 2011
[JURIST] Michigan Attorney General Bill Schuette [official website] on Friday appealed a decision by the US Court of Appeals for the Sixth Circuit [official website] overturning the state’s affirmative action ban. Proposal 2 [text; JURIST news archive], an amendment to the Michigan Constitution [text, PDF], bans affirmative action in public employment, public education and state contracting. Earlier this month, the Sixth Circuit ruled [opinion, PDF] that Proposal 2 was unconstitutional [JURIST report] because it unduly burdens minorities by abusing a…
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Michigan AG appeals decision overturning affirmative action ban
Federal appeals court allows patents of human genes
July 31, 2011
[JURIST] The Court of Appeals for the Federal Circuit [official website] on Friday ruled 2-1 [opinion, PDF] that patents held on two genes linked to hereditary ovarian and breast cancer are valid. The American Civil Liberties Union (ACLU) and the Public Patent Foundation (PUBPAT) [advocacy websites] originally filed [JURIST report] the suit on behalf of patients and scientists challenging patents held by Myriad Genetics [corporate website] on the BCRA genes [NCI backgrounder]. Myriad Genetics appealed the lower court decision that…
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Federal appeals court allows patents of human genes
Feds step up Nortel patent sale inquiry
July 30, 2011
The $4.5 billion sale of Nortel Networks Corp. patents to a group Google Inc. rivals is reportedly drawing scrutiny from U.S. antitrust regulators. The Wall Street Journal cited unnamed sources in a story on Saturday who said an investigation is intensifying into what the group intends to do with the 6,000 patents that they outbid Google on by about 5-to-1
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Feds step up Nortel patent sale inquiry
Now Bill Gates has more money than U.S. Treasury
July 30, 2011
As the debate goes on about raising the federal debt limit, the amount of cash in the U.S. Treasury gets drawn down, with the latest amount on Friday hitting $54 billion. So the bloggers who pointed out that Apple Inc. had more money (about $76 billion) than the government on Wednesday (about $74 billion) are now drawing the comparison to the wealth of some of the richest people in the world.
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Now Bill Gates has more money than U.S. Treasury
Top 5: Construction Projects in San Jose
July 30, 2011
This week the Business Journal published a list of the top Construction Projects in the city of San Jose. The list was ranked on the total square feet of facilities under construction in 2010. Information was obtained from company representatives for the list.
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Top 5: Construction Projects in San Jose
