GlaxoSmithKline and Avalon Ventures have launched three companies from their $495 million drug-discovery collaboration, giving each startup $10 million each over the next three years to pay for research readying potential drugs for testing in humans.
Federal courts have rejected more software patents since a U.S. Supreme Court ruling in June tackled the question of whether—and when—computer programs can qualify for intellectual-property protection.
Labor and advocacy groups are seeking an investigation into whether Wal-Mart violated federal election laws by soliciting employees for donations to its political-action committee in exchange for charitable contributions to a fund that helps Wal-Mart employees in need.
The Justice Department recently called for more cooperation from American corporations in cracking down on financial crime. So far, however, lawyers who represent companies in such cases aren't giving the idea rave reviews.