stock-tumbling
Apple sues Qualcomm in Beijing seeking 1 billion yuan
January 25, 2017 by elegant · Leave a Comment
By Diane Bartz WASHINGTON (Reuters) – Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan ($145.32 million) in damages, Beijing's Intellectual Property Court said in a statement on Wednesday. Apple also filed a second lawsuit against Qualcomm which accused it …
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Apple sues Qualcomm in Beijing seeking 1 billion yuan
stock-tumbling
BlackRock jilts State Street, moves $1 trillion in custody assets to JPMorgan
January 25, 2017 by admin · Leave a Comment
State Street Corp on Wednesday reported a 3.4 percent drop in fourth-quarter revenue and said it lost more than $1 trillion in custody assets to JPMorgan Chase & Co Inc , sending State Street stock tumbling as much as 7.5 percent. State Street is the world's No. 2 custody bank with $28.8 trillion in assets under custody and administration.
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BlackRock jilts State Street, moves $1 trillion in custody assets to JPMorgan