Business News Roundup, May 19

Business News Roundup, May 19
Courts Alibaba gets sued again The owner of luxury brands that include Gucci and Yves Saint Laurent has for the second time in a year sued Alibaba over what it says are sales of counterfeit goods on the Chinese e-commerce giant s websites. The luxury

Chemistry professor in meth gang
The 50-year-old former academic surnamed Lu had a set of recipes for producing methcathinone , a drug similar to methamphetamine, which he provided to dealers, China Business News (CBN) reported. Lu worked as a professor of chemistry at a

Stock futures rising; Walmart revenue short of expectations; Apple scraps plans for TV: A.M. Business News Links
Stock futures are rising today, giving investors hope the Dow Jones industrial average and S&P 500 could smash new records. Dow Jones futures are ahead 50 points, Nasdaq futures are up 17 points and S&P 500 futures are advancing 4.75 points. (CNN Money

PRESS DIGEST- New York Times business news – May 19
May 19 Following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Endo International said on Monday that it had agreed to buy the privately held Par Pharmaceutical