finance


Apple sues Qualcomm for nearly $1 billion

The world’s largest company is suing one of its suppliers for effectively holding it hostage. Apple (AAPL, Tech30) filed a lawsuit Friday against Qualcomm (QCOM, Tech30), accusing it of charging “excessive royalties” and withholding payments…


Chinese exports fall as Beijing braces for Trump

Donald Trump has attacked China for using underhanded means to boost its exports at America’s expense. But right now, the view from Beijing isn’t looking so rosy. Chinese exports fell 2% last year, according to…



Finland is giving 2,000 citizens a guaranteed income

Finland has started a radical experiment: It’s giving 2,000 citizens a guaranteed income, with funds that keep flowing whether participants work or not. The program, which kicks off this month, is one of the first…


Just how far will Trump go on China and Mexico?

America’s complicated, critical trade relations with China China and Mexico have been put on notice once again: President-elect Donald Trump’s new trade team doesn’t like how they deal with America. Peter Navarro, the economist tapped…


$50 oil is here to stay if OPEC sticks to its deal

It was a roller coaster year for oil prices. And little wonder. Iranian oil flooded onto world markets after sanctions were lifted, OPEC squabbled over production levels and then ended the year with a rare…