Housing, the sector that led us into the recession, now looks to be one of the brighter spots in the economy. Homebuilding is at its highest level in nearly four years. More homes are selling, and at higher prices.
The question, of course, is whether this is a solid enough foundation to sustain a full housing recovery.
Lawrence Yun, the chief economist for the National Association of Realtors, says housing woes are largely behind us.
Fortune calls it "the patent trial of the century." And based on money alone, it might as well be: Apple and Samsung are accusing each other of infringement. Samsung wants higher royalties on some technology and Apple is seeking $2.5 billion in damages.
A jury will decide which, if any, company is right. With jury selection, Reuters reports the trial begins today in San Jose, Calif.
An epic battle between the two biggest smartphone makers begins Monday in a federal district court in San Jose, Calif., where computing giant Apple is asking for more than $2.5 billion from rival phone maker Samsung for patent violations.
The suit would be the most expensive patent violation in history, and it's just one front in Apple's war against phones running Google's Android operating system.
If you own a smartphone, chances are it's made by Apple or a company that Apple is suing. And for the first time tomorrow, one of those lawsuits is going to a jury trial. Apple wants more than two and a half billion dollars from Samsung for what it claims is patent violation.
NPR's Laura Sydell has been following this story and joins us. Hey, Laura.
LAURA SYDELL, BYLINE: Hi.
GREENE: So, two and a half billion dollars? I mean is that real? That's a huge amount of money.