No Picture
Trading Ideas

North Korea gets first big dose of Trump summit news

North Koreans got their first big dose of news Monday that their leader Kim Jong Un had arrived in Singapore for what even the state-run media was calling a historic meeting with U.S. President Donald Trump. The news covered the front page of the ruling party’s newspaper and was the top — and only — item on the first news broadcast of the day on Korean Central Television, which for many North Koreans is the only channel available. People crowded around poster stands at subway stations around the capital to read the news and gathered at noon in …read more […]

No Picture
Trading Ideas

Pompeo Says Sanctions to Remain Until N. Korea Denuclearizes

Jun.11 — The U.S. will keep economic sanctions in place until North Korea eliminates its nuclear weapons capability, Secretary of State Mike Pompeo said at a news conference in Singapore, delivering a
stern message to Pyongyang ahead of Tuesday’s historic summit between President Donald Trump and Kim Jong Un. …read more […]

No Picture
Trading Ideas

Apple and Qualcomm’s Multibillion-Dollar Legal Dispute Gets Serious

After more than a year of vicious accusations and a flurry of lawsuits and counter claims, Apple Inc. and Qualcomm Inc.’s multibillion-dollar legal dispute is about to get serious. Hearings in the three most important markets — the U.S., China and Germany — will soon determine whether Apple’s attempt to save itself billions in technology licensing payments by forcing one of the world’s biggest chipmakers to change the way it does business is legal. Apple may be the hook for $2.5 billion to $4.5 billion in unpaid fees, based on estimates for the amount per phone the company …read more […]