Qualcomm sues Apple for breach of software license contract
(Reuters) – Qualcomm Inc has sued Apple Inc , alleging that it violated a software license contract to benefit rival chipmaker Intel Corp for making broadband modems, the latest salvo in the longstanding dispute between Qualcomm and Apple.
Wall Street drifts after tax cut plan unveiled
(Reuters) – The S&P 500 and the Nasdaq moved modestly lower on Thursday as shares of Facebook Inc dragged, while the Dow industrials edged higher as investors assessed the long-awaited tax cut plan unveiled by U.S. President Donald Trump’s fellow Republicans.
Qualcomm sues Apple for contract breach
(Reuters) – Qualcomm Inc has sued Apple Inc , alleging that it violated a software license contract to benefit rival chipmaker Intel for making broadband modems, the latest salvo in a longstanding dispute between the two companies.
Bank of England takes slow lane after first rate hike since 2007
LONDON (Reuters) – The Bank of England raised interest rates for the first time in more than 10 years on Thursday but said it expected only “very gradual” further increases as Britain prepares to leave the European Union, sending sterling down sharply….
Wall Street drifts with eyes on Fed chief announcement
(Reuters) – The Dow was slightly higher while the S&P and the Nasdaq pared losses in early afternoon trading on Thursday, as investors parsed the Republican tax-cut proposals and ahead of the impending announcement of the next Federal Reserve Chair
Shareholder sues GE after ‘unacceptable’ results hurt stock
NEW YORK (Reuters) – Two weeks after General Electric Co’s new chief executive vowed to shed $20 billion of assets, a shareholder has sued the company for failing to divulge its problems sooner and posting quarterly results that were “unacceptable, to…
U.S., AT&T discussing conditions for Time Warner deal: sources
WASHINGTON (Reuters) – AT&T Inc and the U.S. Department of Justice are discussing conditions the No. 2 wireless carrier needs to meet in order for its acquisition of Time Warner Inc to win government approval, sources familiar with the situation told Reuters on Thursday.
Goldman’s Blankfein is only major financial firm CEO to join Trump on China trip
(Reuters) – Goldman Sachs Group Inc Chief Executive Lloyd Blankfein will visit China as part of a business delegation in November at the same time as U.S. President Donald Trump, a Goldman spokesman confirmed.
Exclusive: Airbus begins external search for new sales chief – sources
PARIS (Reuters) – Airbus has embarked on a fresh search for a sales chief to take over from soon-to-retire John Leahy as the aerospace group seeks a clean break from turmoil over investigations into the use of middlemen, said three people familiar wit…
Bank of England sees only gentle rate rises ahead after historic hike
LONDON (Reuters) – The Bank of England raised interest rates for the first time in more than 10 years on Thursday, but sterling slid after the central bank said it expected only “very gradual” further increases as Britain prepares to leave the European…
