Patent Trolls: Intellectual property attorneys were buzzing Tuesday after the White House announced it was actively taking on the problem of patent assertion entities, or "patent trolls," both through legislative proposals and executive action, Corporate Counsel reports.
Import Ban: Samsung Electronics scored a victory over rival Apple Inc. in their long-running dispute over mobile device patents after the U.S. International Trade Commission issued an order banning some older but still-popular Apple products from the U.S. market, Reuters reports.
New Adviser: National Security Adviser Tom Donilon is stepping down after four years on the job and will be replaced by United Nations Ambassador Susan Rice, Politico reports. Obama will nominate Samantha Power, an Irish-born author on human rights and genocide, as Rice’s replacement.
No Recall: A defiant Chrysler is refusing to recall about 2.7 million Jeeps that the National Highway Traffic Safety Administration says are at risk of a fuel tank fire in a rear-end collision. The NHTSA can order a recall but needs a court order to enforce it, the Washington Post reports.
Money Market Funds: The five members of the Securities and Exchange Commission are scheduled to vote Wednesday morning on overhauling some parts of the widely used money market fund industry, The New York Times reports.