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Airbus considering production of hybrid airplane by 2035
Airbus is considering producing a hybrid plane by 2035 as it strives for a low emission aircraft, its chief executive said.
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Business News
Intel says Qualcomm tactics forced it out of modem chip market
Intel Corp sold its smartphone modem chip business to Apple Inc at “a multi-billion dollar loss,” the U.S. chipmaker said in a court filing on Friday, alleging that rival Qualcomm Inc forced it out of the market.
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Intel says Qualcomm tactics forced it out of modem chip market
Intel made the claims in a brief filed with the 9th U.S. Circuit Court of Appeals, where Qualcomm is seeking to overturn a sweeping antitrust decision against it after losing a lawsuit by the U.S. Federal Trade Commission. Intel, whose executives testified at the trial, argued on Friday that the ruling should stand. In a 233-page decision issued in May, U.S. District Judge Lucy Koh in San Jose wrote that Qualcomm’s patent licensing practices “strangled competition” in parts of the market for modem chips that connect smartphones to mobile data networks. …read more […]
Business News
Take Five: NATO — dead or alive?
Beneath the birthday bonhomie, tensions will be simmering as the transatlantic military alliance turns 70 and leaders of the 29 member states celebrate near London on Dec. 3-4.
Business News
Wall Street slips after U.S. law on Hong Kong rekindles trade fears
U.S. stocks opened lower for the first time this week on Friday, as trade tensions resurfaced after China rebuked President Donald Trump’s decision to sign into law a bill backing protesters in Hong Kong.
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Canopy to Unveil Cannabis 2.0 Vape Tech, Distilled Cannabis Beverages, and Chocolate
Canopy Growth (TSX: WEED) (NYSE: CGC) has announced its Cannabis 2.0 products, including its Distilled Cannabis concept, chocolates, vape cartridges, and vape pens. The company will officially unveil these products on Nov. 28 at a media launch event in Toronto, Ontario. The company is gearing up to supply the Canadian market with a variety of cannabis products. […]The post Canopy to Unveil Cannabis 2.0 Vape Tech, Distilled Cannabis Beverages, and Chocolate appeared first on Market Exclusive. …read more […]
Business News
Black Friday sees fewer shoppers in stores as spending moves online
Fewer people lined up outside stores as Black Friday shopping kicked off, suggesting early discounts offered by retail chains and a surge in online buying may have taken the shine off America’s biggest shopping day.
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Stock Market Live Updates: Black Friday
Stock market news headlines in real-time. …read more […]
Business News
‘Tis the season: Quotes from shoppers as America’s biggest shopping day kicks off
Shoppers headed out to stores across the United States in a quest to score the best Black Friday discounts, with early promotions marking the start of a condensed holiday shopping season.
Business News
Wall Street set to slip after U.S. law on Hong Kong rekindles trade fears
U.S. stocks were set to open lower for the first time this week on Friday, as trade tensions resurfaced after China rebuked President Donald Trump’s decision to ratify a bill backing protesters in Hong Kong.
Business News
Saudi Aramco IPO gets $44.3 billion in bids so far: lead manager
Saudi Aramco has received bids for its shares totaling $44.3 billion so far, lead manager Samba Capital said on Friday, putting its initial public offering on track to be over-subscribed.
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Does K92 Mining (CVE:KNT) Deserve A Spot On Your Watchlist?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]
Business News
Daimler to ax at least 10,000 jobs in latest car industry cuts
Daimler said on Friday it will cut at least 10,000 jobs worldwide over the next three years, following others in the industry as they cut costs to invest in electric vehicles while grappling with weakening sales.
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Stock market news: November 29, 2019
U.S. stock futures pointed to a lower open for the major indices ahead of a shortened trading day. Markets are scheduled to close at 1 p.m. ET. …read more […]
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Bonds Set to Close Out 2019 with Another Banner Year
As 2019 comes to a close, it’s going to be another banner year for bonds, which have moved higher along with stocks thanks to an uncertain economic backdrop that saw investors pile heavily into bonds, especially during the summer. …read more […]