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Susan Smith-Harmon

Susan Smith-Harmon

Monsanto soy bean patent case in U.S. Supreme Court today

Tuesday, 19 February 2013 02:56 Published in Local News
The U.S. Supreme Court will hear arguments today in Creve Coeur-based Monsanto's soybean patent claim. The biotech giant will argue that the patent for Roundup Ready soybeans extends to the offspring of the beans.

The case dates back to 2007, when Monsanto sued an Indiana farmer for planting the progeny of the patented beans. Monsanto won in U.S. District Court, and in the U.S. Court of Appeals. But that farmer, 75 year old Vernon Hugh Bowman has appealed to the high court.

Court watchers say this case has implications beyond genetically modified seeds, extending to other new technologies.

Briefs from Monsanto supporters, like the University of Missouri and Microsoft argue that a decision against Monsanto would have a chilling effect on innovation. Bowman's supporters argue that that would extend patent claims to an unreasonable length.

WSJ: OfficeMax, Office Depot in merger talks

Tuesday, 19 February 2013 02:28 Published in National News
NEW YORK (AP) - The Wall Street Journal is reporting that OfficeMax Inc. and Office Depot Inc. are talking about combining their companies.

The newspaper, citing unidentified people familiar with the matter, said yesterday that talks are at an advanced stage, and an announcement could come as early as this week.

Representatives of both companies declined to comment.

The office supply business is very competitive. Staples is a big player, along with Amazon and big discount stores such as Costco and Wal-Mart.

Boca Raton, Fla.-based Office Depot has about 1,675 stores worldwide, mostly in the U.S. and Canada. OfficeMax, based in Naperville, Ill., has about 900 stores in the U.S. and Mexico. If the two companies merged, they could close stores that compete against each other, as well as reduce costs.

Former players mourn Lakers owner Jerry Buss

Tuesday, 19 February 2013 02:21 Published in Sports
LOS ANGELES (AP) - Magic Johnson is remembering Los Angeles Lakers owner Jerry Buss as "a great man and an incredible friend."

The Twitter tribute followed news that Buss died Monday at a Los Angeles hospital at the age of 80. He'd been hospitalized for most of the past 18 months while undergoing cancer treatment.

Under the ownership of Buss since 1979, the Lakers became Southern California's most beloved sports franchise, and became linked in the eyes of the world to Hollywood glamour.

And few owners in sports history can rival his success. The Lakers made the NBA finals 16 times since Buss bought the team, winning 10 times between 1980 and 2010. The team is now largely run by two of his six children, Jim Buss and Jeanie Buss.

Jerry Buss always referred to the Lakers as his extended family, and the players rewarded his fan-like excitement with devotion and friendship, in addition to the ten championships. Magic Johnson and fellow Hall-of-Famers Kareem Abdul-Jabbar and James Worthy formed lifelong bonds with Buss.

Courtside seats for the Lakers are the hottest tickets in Hollywood -- with Jack Nicholson and many other celebrities attending every home game.

NBA Commissioner David Stern is remembering Buss as a "visionary owner" whose impact on the league "will be felt for decades to come."

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