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Cleveland man accused of killing sister in car dispute calls indictment ‘ridiculous’

“Swanson told McGinty at the beginning of his arraignment Monday that he had not received copy of his indictment” writes Cleveland Com for cleveland.com. CLEVELAND, Ohio — A Cleveland man accused of gunning down his sister in a dispute over a car called his indictment “ridiculous” and said he wanted to go straight to trial during his Monday arraignment. Source: cleveland.com

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Maersk profit beats, but shipping giant cuts container outlook on weak economies, trade dispute

“Globally, implemented trade restrictions have likely reduced container trade by 0.5%-1.0% in 2019, Maersk said” writes Dominic Chopping for marketwatch.com. Maersk MAERSK.B, +2.54%  reported a total quarterly net profit of $520 million from $396 million in the year-earlier period.A FactSet analyst poll had expected a net profit of $359 million.Maersk, which is considered a barometer of global trade, confirmed that revenue slipped 1% to $10.06 billion, as guided in a recent announcement.Net profit attributable to shareholders totaled $506 million. Source: marketwatch.com

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SWAT team arrests Akron man who barricaded himself in bedroom after domestic dispute, police say

“AKRON, Ohio — Akron police on Wednesday called in a SWAT team to help arrest a man who was violating a protection order and threatening a woman and her children, according to police” writes Cleveland Com for cleveland.com. Matthew McCann, 54, of Akron has been charged with violation of a protection order and obstructing official business, Akron Municipal Court records show.Officers discovered that he had two active warrants in connection with violating the same protection order on Oct. 3, police said.Wednesday to a report of a domestic dispute at a…

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Grand Rapids distillery changes name after trademark dispute

“GRAND RAPIDS, MI — A Grand Rapids distillery has changed its name after a trademark dispute with another company who said their similar names would confuse consumers” writes Kayla Sosa for mlive.com. The owners of the former Gray Skies Distillery have changed the company’s name to Eastern Kille Distillery.The legal cost to the company was “a lot of resources,” Voorhees said. “We would rather put our time, efforts and resources into making products,” Voorhees said. “That’s what we’re passionate about. Source: mlive.com

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News Oil 

Murder of two journalists leads to arrest of palm oil boss

“Padmoasmolo owns a firm that produces palm oil, a widely used vegetable oil found in everything from soap to chocolate” writes Agence France-presse for theguardian.com. An Indonesian palm oil executive has been arrested for allegedly ordering the killing two activist journalists who were mediating a land dispute between his company and local residents. Source: theguardian.com

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Chinese Police Hold MicroBT CEO Allegedly Over Dispute With Bitmain

“Police are likely to be questioning Zuoxing Yang over allegations of intellectual property infringement regarding the technology of Beijing-based Bitmain” writes Jack Martin for cointelegraph.com. Allegedly unhappy after talks over stock options fell through, Yang left, and raised $20 million to found MicroBT. In 2017, Bitmain sued the company over alleged infringement of a patent. Source: cointelegraph.com

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Apple spars with EU as $14 billion Irish tax dispute drags on

“The case centers on tax rulings granted by Ireland to two Apple businesses in the country, Apple Sales International and Apple Operations Europe” writes Midwest Communications Inc for 95kqds.com. Apple did not do a special Irish tax deal in return for creating jobs, Beard added.The case is about Apple’s Irish tax deal and has nothing to with the mismatch between tax regimes in different countries or U.S. deferred tax rules, Commission lawyer Richard Lyal said in closing remarks.The rulings reduced Apple’s tax burden for more than two decades – to…

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