Apple and Nokia see deeper partnership after ending patent dispute Apple has settled a patent dispute with Finnish telecom equipment maker Nokia and agreed to buy more of its network products and services, sending Nokia shares up 7 percent. The deal means Nokia will get bigger royalties from Apple for […]
Trump arrives in Italy to meet Pope Francis, Italian leaders Trump arrives in Italy to meet Pope Francis, Italian leaders:- U.S. President Donald Trump arrived in Italy on Tuesday ahead of meetings with Pope Francis and Italian leaders, on the third leg of his first international trip since taking office. […]
Australian police did not act fast enough to deadly siege Australian police failed to respond quickly enough to the threat posed by a gunman responsible for a 16-hour siege at a Sydney cafe in 2014 in which three people including the hostage-taker were killed, a coroner said in a report […]
British police name suicide bomber, threat level raised to critical British police on Tuesday identified the suicide bomber who killed 22 people, including children, in an attack on a crowded concert hall in Manchester, and said they were trying to establish whether he had acted alone or with help from […]
Patent plaintiffs see way around U.S. Supreme Court ruling Corporations are cheering a U.S. Supreme Court decision limiting where they can be sued for patent infringement, but some intellectual property lawyers say loopholes in the ruling likely mean lawsuits will continue to be filed in plaintiff-friendly jurisdictions. The Supreme Court […]
Dollar firm after bounce from lows, yuan slips on China downgrade Dollar firm after bounce from lows, yuan slips on China downgrade:- The dollar held firm on Wednesday, having rebounded from 6-1/2-month lows against its major peers helped by a rise in U.S. Treasury yields, while the yuan eased after […]
Uber inadvertently underpaid New York City drivers for over two years Uber Technologies Inc [UBER.UL] said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars. Uber generally takes a commission from its […]
Housing recovery intact despite drop in new home sales New U.S. single-family home sales tumbled from near a 9-1/2-year high in April, but the housing recovery likely remains intact amid a tightening labor market. The Commerce Department said on Tuesday new home sales declined 11.4 percent to a seasonally adjusted […]
U.S. appeals court to hear cases that could weigh on Wall Street policing U.S. appeals court to hear cases that could weigh on Wall Street policing:- A U.S. appeals court will weigh whether certain hiring practices at two of the country's top financial market regulators violate the Constitution on Wednesday, […]
U.S. financial council reimagined as boon, not bane, for Wall Street The Financial Stability Oversight Council (FSOC), which brings together all U.S. financial watchdogs, used to be the scourge of Wall Street but under Treasury Secretary Steven Mnuchin it can serve to ease its regulatory burdens. President Donald Trump has […]
