Qualcomm Faces $853 Million Fine From South Korea Over Alleged Antitrust Violations
SEOUL—A South Korean regulator said it would fine Qualcomm Inc. about $853 million for alleged antitrust violations, the highest such penalty handed to an individual company here, as the U.S. chip maker faces global scrutiny over its patent-licensing business. After a three-year investigation, the Korea Fair Trade Commission said on Wednesday that Qualcomm breached antitrust law by limiting competing chip makers’ access to its patents. The company also forced mobile-phone manufacturers into unf..>> view originalBig Newspapers Are Booming: 'Washington Post' To Add 60 Newsroom Jobs
The Washington Post set records for traffic and digital advertising revenue in 2016. The Post moved to this new building on Washington's K Street in December 2015. Brendan Smialowski/AFP/Getty Images hide caption toggle caption Brendan Smialowski/AFP/Getty Images The Washington Post set records for traffic and digital advertising revenue in ..>> view originalDelta cancels $4 billion order for 18 Boeing 787-8 Dreamliners
Korean Air has given flight attendants the green light to use tasers on unruly passengers
Korean Air has given flight attendants the green light to use tasers on unruly passengers Benjamin Zhang, provided by Published 4:01 pm, Tuesday, December 27, 2016 Photo: Flickr/John Murphy Korean Air flight attendants will now have freer access to on-board Tasers. Korean Air flight attendants will now have freer access to on-board Tasers. Photo: F..>> view originalAbbott gets US antitrust approval to buy St. Jude Medical
By Diane Bartz | WASHINGTON WASHINGTON Healthcare company Abbott Laboratories (ABT.N) has won U.S. antitrust approval for its proposed $25 billion acquisition of medical device maker St. Jude Medical Inc (STJ.N), the U.S. Federal Trade Commission said on Tuesday.Abbott agreed to divest two medical devices used in cardiovascular procedures to resolve FTC concerns the acquisition would stifle competition, the commission said in a statement."We continue to work to obtain final regulatory approv..>> view originalThese 7 states will have higher gas taxes Jan. 1
Voters in 22 states approved ballot initiatives Nov. 8 totaling more than $200 billion for state and local transportation projects, according to the American Road and Transportation Builders Association. The funding for those measures was largely through sales and property taxes. State legislatures are expected to debate gas taxes as new year's resolutions in 2017. "Altogether, it appears that more than a dozen states will seriously debate gas tax changes next year," said Carl Davis, researc..>> view originalTesla and Panasonic to begin solar production in Buffalo next year (+video)
December 27, 2016 —In a statement released on Tuesday by Tesla Motors and Panasonic Corp., the two companies announced that they will begin the production of photovoltaic (PV) cells and modules this summer at a plant in Buffalo, New York.The announcement, published on both companies’ websites, stated that this week they had finalized an agreement to begin jointly producing the solar technology from the Buffalo factory, beginning in the summer of 2017 and building up to 1 gigawatt of module pro..>> view originalWaterloo-based company offers all employees a Caribbean cruise
WATERLOO, Iowa (KCRG TV9)-- While those in Iowa are dealing with freezing temperatures in January, hundreds of employees of a Waterloo company will be cruising through the Caribbean. Bertch Cabinet CEO Gary Bertch is paying for the cruise. He said it was incentive for the employees to meet the company's end of year goals. Employees say this cruise is a sign for a positive year ahead. Whether you walk in or call Bertch Cabinets, Kathy Hoth is the first voice you hear. As a self-proclaimed peop..>> view originalUS cyber fraud: Three men accused of $4m insider deal
Image copyright PA Image caption The trio are alleged to have used information they obtained through hacking to make money out of forthcoming mergers Three Chinese citizens accused of hacking into computers of American law firms advising on company mergers have been charged with multi-million dollar cyber fraud in New York.Prosecutors said the trio made more than $4m by using information they obtained through hacking into some of the top law firms.The..>> view originalToshiba's Record Fall Highlights U.S. Nuclear Cost Nightmare
Toshiba Corp. plunged by the most on record as the once heralded U.S. nuclear renaissance turns into a nightmare for the Japanese company. Exclusive insights on technology around the world. Get Fully Charged, from Bloomberg Technology. Business Your guide to the most important business stories of the day, every day. You will now receive the Business newsletter ..>> view original
Sunday, January 8, 2017
Qualcomm Faces $853 Million Fine From South Korea Over Alleged Antitrust Violations and other top stories.
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