Morning Wrap

Bad Move: The European Commission fined Microsoft Corp. a record $1.35 billion for failing to comply with the commission's 2004 antitrust ruling.

With Facts Like Theses... Tony Mauro writes that oral argument in the whistleblower case of Allison Engine Company v. United States took a strange twist Tuesday when Supreme Court justices indicated that crucial facts of the case were not quite what they expected.

Profits Stagnant. California law firm partner took a hit last year after back-to-back associate salary increases bit into partner profits.

Little Help. Brokerage firms and a group of hospitals are asking the SEC to allow those who issued debt to buy it in hopes of preventing failed auctions, an increasingly common experience that drives up the interest rates they must pay.