Today in business: 5 things you need to know

Apple's e-book trial starts, a Chinese poultry plant is struck by tragedy, and more

China poultry plant fire
(Image credit: Imaginechina/Corbis)

1. APPLE E-BOOK TRIAL IS UNDERWAY

Today, Apple will defend itself in a U.S. federal court against the Justice Department's charges that along with five publishing companies it tried to drive up prices of e-books for the release of the iPad in 2010. "Stripped of the glitz surrounding e-books and Apple, this is an unremarkable and obvious price-fixing case," Justice Department lawyers said in a filing. Though the publishers settled out of court, Apple boss Tim Cook said, "We were asked to sign something that says we did do something, and we're not going to sign something that says we did something we didn't do. And so we're going to fight." [WSJ]

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.