May 16, 2012 (Reuters) — Adidas AG has sued to stop a U.S. sporting goods retailer and a skateboarding equipment maker from selling sneakers with three parallel diagonal stripes, a design it said looks too much like its own. ...  > full story

NEW YORK, May 16, 2012 (Reuters) — Convicted hedge fund founder Raj Rajaratnam is in prison, but the jurors of a separate insider trading trial of former Goldman Sachs Group Inc and Procter & Gamble Co board member Rajat Gupta will hear his voice in court on FBI wiretaps. ...  > full story

May 16, 2012 (Reuters) — Shareholders have asked a judge to delay Chesapeake Energy Corp's annual meeting, arguing that more disclosures are needed about Chief Executive Aubrey McClendon's compensation and personal loans taken out against his share in company wells. ...  > full story

STEUBENVILLE, Ohio, May 16, 2012 (Reuters) — Out past the vacant storefronts and abandoned buildings, beyond the shuttered steel mills and decaying industrial plants, residents of eastern Ohio suddenly are seeing dollar signs. ...  > full story

May 16, 2012 (Reuters) — Bailed-out insurer American International Group Inc will sell its shares in Asian insurer AIA Group Ltd after a lock-up period expires in early September, Chief Executive Bob Benmosche said on Wednesday. ...  > full story

WASHINGTON, May 16, 2012 (Reuters) — FBI Director Robert Mueller on Wednesday confirmed that the agency has opened a "preliminary investigation" into JPMorgan Chase & Co , the nation's largest bank. ...  > full story

FRANKFURT, May 16, 2012 (Reuters) — The European Central Bank has stopped monetary policy operations with some Greek banks as they have not been successfully recapitalized, euro zone central bank sources said on Wednesday. ...  > full story

LONDON, May 16, 2012 (Reuters) — The escalating danger from the neighboring euro zone debt crisis prompted the Bank of England on Wednesday to keep alive the prospect of more help for an ailing British economy it said was growing more slowly than expected. ...  > full story

WASHINGTON, May 16, 2012 (Reuters) — Groundbreaking for homes rebounded in April and factory activity gained steam, suggesting the economy remains on a steady, if unspectacular recovery course. ...  > full story

NEW YORK, May 16, 2012 (Reuters) — JPMorgan Chase & Co was the target of two separate lawsuits by shareholders on Wednesday, accusing the bank and its management of excessive risk that led to trading losses of $2 billion or more announced last week. ...  > full story