Business

The art world has a money laundering problem.

“This is just the tip of the iceberg,” investigators from the Permanent Subcommittee on Investigations told reporters in a call. According to Senate research, the art world is considered to be the largest unregulated legal industry in the United States. Like other auction houses, Christie’s and Sotheby’s, which were not …

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Qualcomm signs a patent license agreement with Huawei

The main Fox Business Flash headlines are here. See what FoxBusiness.com is clicking. Qualcomm Incorporated has reached an agreement with Chinese telecommunications business Huawei to resolve a patent dispute, the company announced Wednesday. According to Qualcomm, the global license agreement grants Huawei the back-up rights to some of the patents …

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