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Fitbit moves towards trial in Jawbone ‘trade secrets theft’ controversy

  Bloomberg Fitbit Inc. is headed toward a trial over claims it stole rival Jawbone Inc.’s trade secrets, after failing to persuade a judge to throw the case out. A California state judge has rejected Fitbit’s argument that the lawsuit is merely an attempt to rehash claims that were already analyzed and rejected by the US International Trade Commission in ...

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Orders for US durable goods increase more than forecast

  Bloomberg Orders for US durable goods increased more than forecast in February, a sign companies are confident about the outlook for the economy. Bookings for goods meant to last at least three years rose 1.7 percent after a 2.3 percent advance the prior month that was larger than previously estimated, Commerce Department data showed. The median forecast of economists ...

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The national slush fund

  There was bound to be a political commotion when the Trump administration released its 2018 budget. After all, it isn’t every day that the White House proposes deep cuts in agency spending: for 2018, the Environmental Protection Agency would be down 31 percent; the State Department, 29 percent; the Department of Education, 14 percent; and the Department of Transportation, ...

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