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Obama performance chief Killefer out, citing taxes
WASHINGTON AP - Nancy Killefer, who failed for a year and a half to pay employment taxes on household help, withdrew her candidacy to be the first chief performance officer for the federal government on Tuesday.Killefer was the second major Obama administration nominee to withdraw and the third to have tax problems complicate nominations after President Barack Obama announced he had chosen them.NPE Acacia Rolls Up Big Settlements, Polaroid Patents
Acacia Research Corporation has been racking up settlements in its wide-ranging patent infringement litigation campaign. And the company just picked up new collection of digital imagining patents once held by Polaroid.Sources: GC fired for alleged 'embezzlement'
Details of why a major hospital fired its general counsel have been slow to emerge, but sources familiar with the investigation said he was fired for alleged embezzlement. The amount was said to be in "the seven figures."Sun Microsystems Shopping For Transactions Firms
Going against tradition, Sun turns to Skadden, Arps to help them aquire SeeBeyond Techology for $387 million. Skadden, Arps works another deal where French company Schneider Electric acquires Juno Lighting for $610 million.Home remodeling to rebound as owner confidence improves
The U.S. home-improvement industry is poised for a revival this year as property owners who scrimped and saved during the recession spruce up kitchens and bathrooms.HP Faces Uphill Battle to Stop Hurd From Taking Oracle Job
Hewlett-Packard's legal team will have a hard time persuading a judge to stop former CEO Mark Hurd from becoming president of Oracle Corp., employment law experts say. HP sued Hurd on Tuesday, claiming that he violated a confidentiality provision of his severance agreement by accepting the post at Oracle. Without explicitly saying so, HP's complaint relies on the doctrine of inevitable disclosure, a concept that has been shot down by some California judges.Trending Stories
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