Google Slaps Countersuit On Microsoft

The war of the big corporations is on. Google levied its own lawyers against Microsoft in a countersuit charging the Redmond software giant with unfair trade practices after Microsoft filed a suit earlier in the week against Google And Kai Fu Lee for violating his no-compete contract he had signed when he became an executive at Microsoft.

Whirlpool Not Ready To Back Down From Maytag

There are three parties looking to acquire Maytag. Whirlpool and China's Haier Group have shown interest, but Maytag's board of directors is currently backing the offer made by Ripplewood.

Microsoft: Growth to Improve

Microsoft beat Wall Street's expectations yesterday as it reported a net profit of $3.7 billion for the quarter ended June 30. This is up 38% from the same quarter last year.