Steven Mollenkopf, CEO of Qualcomm Mike Blake | Reuters Qualcomm soared more than 13% after hours on Wednesday when the company reported third-quarter tax earnings that exceeded expectations and announced a long-term patent deal with Huawei, solving a major unanswered legal question for the company. Here’s how he did it …
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Hello Kari Paul, ready to guide you through today’s antitrust hearing, in which Congress will question top Google, Apple, Amazon and Facebook executives about their business practices.. Much of the testimony has been published in advance, so we know the main talking points about what the executives will say. Here …
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A JC Penney store in Laguna Hills, California Scott Mlyn | CNBC For JC Penney in bankruptcy, a settlement “is not in the cards,” according to the department store chain attorney. Penney is moving forward with a sale that should be completed this fall, attorney Joshua Sussberg of Kirkland & …
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This four-bedroom house in Truckee, California, near Lake Tahoe, went on the market for $ 1.65 million and sold less than 24 hours later for $ 2 million. General and Hamilton Lake Tahoe real estate is depleting at a record pace as San Francisco tech workers flee the city in …
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Dave Calhoun, President of Boeing. Adam Jeffery | CNBC Boeing CEO Dave Calhoun said Wednesday he was “hopeful” that demand for new planes, devastated by the coronavirus pandemic, would begin to pick up in the second half of next year. Cancellations of Boeing planes are outpacing new orders this year …
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