Qualcomm Inc filed lawsuits in China, seeking to halt the manufacture and sale of Apple Inc’s iPhones in the country, Bloomberg reported on Friday. Continue Reading Below Qualcomm filed the suits in a Beijing intellectual property court, claiming patent infringement and is seeking injunctive relief, Bloomberg said, citing a Qualcomm spokeswoman. (https://bloom.bg/2z6qMwu) Apple’s shares […]
FOX News
Will Facebook’s food delivery service threaten GrubHub’s business model?
Facebook (FB) rolled out its service allowing food ordering directly from its website on Friday, months after the company originally expressed interest in joining the fast-growing food delivery business. Continue Reading Below “We’re launching the ability to order food for pick-up and delivery, directly on Facebook. People already go to […]
Luxury jet buyers think resale value in tough market
Members of the elite private jet set are customizing their planes with full-sized showers, beds and windows – but when it comes to decorating, an increasing number are steering clear of gold panels and gaudy features, opting instead for the airborne equivalent of beige. Continue Reading Below The reason, industry […]
Brown: JFK Jr.’s college application now for sale was stolen
PROVIDENCE, R.I. – Brown University says the college application of John F. Kennedy Jr. that is now up for auction was stolen, and it wants the documents back. Continue Reading Below University spokesman Brian Clark says the records are university property and confidential. He says the school is taking “every […]
Timeline of Weinstein allegations dating back decades
NEW YORK – Here is a timeline of allegations against film producer Harvey Weinstein, who has denied having any nonconsensual sexual conduct with any women. Continue Reading Below — 1984: Tomi-Ann Roberts, a 20-year-old aspiring actress, meets Weinstein in his New York hotel room to discuss a film. Weinstein is […]
Why Sonus Networks, Inc. Stock Jumped on Friday
What happened Continue Reading Below Shares of network communications and network security company Sonus (NASDAQ: SONS) rose as much as 12.3% on Friday after the company released preliminary results for its third quarter. The stock is up 5.5% as of 12:15 EDT. The stock’s move likely reflects the company’s significant outperformance […]
What’s Sending Shares of Hostess Brands 10% Lower Today?
What happened? Continue Reading Below Shares of everyone’s favorite cream-filled cakes, Hostess Brands (NASDAQ: TWNK), the second-largest producer of sweet baked goods in the United States, are down 10% Friday morning. This came a day after the announcement its chief executive officer would be retiring effective March 1, 2018, or […]
Markets Right Now: Technology, energy lead US stock gains
NEW YORK – The latest on developments in financial markets (All times local): Continue Reading Below 11:45 a.m. Stock indexes are slightly higher on Wall Street in midday trading, driven by solid gains in technology companies. HP rose 6.7 percent in midday trading Friday after giving a strong outlook for […]
The Latest: UK treasury chief describes EU as ‘the enemy’
BRUSSELS – The Latest on the Brexit talks between the European Union and United Kingdom(all times local): Continue Reading Below 5:35 p.m. Britain’s Treasury chief Philip Hammond has described the European Union as the “enemy” in talks over the country’s departure from the 28-nation trading bloc. Hammond has been sharply […]
It’s Official! Here’s How Much Your Social Security Benefits Are Set to Rise in 2018
Social Security is arguably the most important social program for seniors. Each month, the Social Security Administration (SSA) divvies out more than 61 million stipends to eligible beneficiaries, of which 42 million are retired workers. Without this income, many of these seniors would likely struggle to make ends meet, especially […]