 | | | | Qualcomm Inc on Tuesday won a major victory in settling its wide-ranging legal dispute with Apple Inc, signing a six-year patent license deal and a supply agreement that could pave the way to getting its modem chips back in the iPhone, which featured only Intel Corp chips last year. | | | | | | Apple Inc and Qualcomm Inc on Tuesday opened a complex trial with the iPhone maker using a fried chicken analogy to illustrate its claim the chip company is abusing its market power while Qualcomm alleged a years-long plan by Apple to deprive it of billions in revenue, $13 at a time. | | | | | | A Federal Aviation Administration review board said on Tuesday a software update to the grounded Boeing 737 MAX aircraft was found to be "operationally suitable," suggesting the lengthy regulatory process to get the planes back in the air was well underway. | | | | | | Former U.S. Interior Secretary Ryan Zinke, who stepped down in December amid ethics investigations, has joined the board of junior mining exploration company U.S. Gold Corp, the company said on Tuesday. | | | | | | Oil prices rose 1 percent on Tuesday, as fighting in Libya and falling Venezuelan and Iranian exports raised concerns over tightening global supply, but uncertainty surrounding an OPEC-led production cut limited gains. | | | | | | Stocks around the globe rose on Tuesday to six-month highs as positive economic data in China and Germany boosted investor sentiment, though concerns about the impact of U.S. policy on the healthcare sector capped gains on Wall Street. | | | | | | Bank of America Corp forecast that net interest income would rise half as fast this year after reporting first-quarter revenue on Tuesday that fell short of expectations. | | | | | | Shareholder advisory firm Institutional Shareholder Services Inc (ISS) has urged Boeing Co to split the role of chairman and chief executive officer, currently held by Dennis Muilenburg. | | | | | | Financial and tech firms gave Wall Street a modest lift on Tuesday following a string of generally positive earnings, with the S&P 500 inching closer to a new all-time high. | | | | | | China would likely lift a ban on U.S. poultry as part of a trade deal and may buy more pork to meet a growing supply deficit, but it is not willing to allow a prohibited growth drug used in roughly half the U.S. hog herd, two sources with knowledge of the negotiations said. | | | | | |
