Here’s Why the Qualcomm-NXP Deal Makes Sense – Fortune

Qualcomm CEO Steve Mollenkopf sat out last year’s merger mania in the semiconductor market, even as his company’s core smartphone chip business slowed. But with expectations rising for a deal this year, Mollenkopf may have hit on one of the savvier acquisitions in the industry. By adding NXP Semiconductors for a total of $47 billion […]

Orders for U.S. Capital Goods Decline by Most Since February – Bloomberg

Orders for U.S. Capital Goods Decline by Most Since February – Bloomberg

Orders for U.S. business equipment fell in September by the most in seven months, indicating corporate investment is having trouble gaining traction. Bookings for non-military capital goods excluding aircraft dropped 1.2 percent, erasing a 1.2 percent August gain that was stronger than previously reported, Commerce Department data showed Thursday. The median forecast of economists surveyed […]

Graduate Students Clear Hurdle in Effort to Form Union – New York Times

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Speedo, three other sponsors drop Ryan Lochte – USA TODAY

Speedo, three other sponsors drop Ryan Lochte – USA TODAY

x Embed x Share US Olympic swimmer Ryan Lochte lost his first major endorsement after a false tale of robbery. USA TODAY Rio police said U.S. swimmer Ryan Lochte lied about being held up at gunpoint Sunday morning.(Photo: Peter Casey, USA TODAY Sports) Speedo was the first, announcing early Monday it dropped its sponsorship of embattled […]

Delphi, Mobileye to offer driverless car system in 2019 – The Detroit News

Delphi, Mobileye to offer driverless car system in 2019 – The Detroit News

Delphi Automotive PLC and Mobileye NV on Tuesday announced plans to jointly develop a fully autonomous vehicle system that the suppliers expect will be ready for production in 2019.(Photo: Spencer Platt / Getty Images) Delphi Automotive PLC and Mobileye NV on Tuesday announced plans to jointly develop a fully autonomous vehicle system that the suppliers […]

Trump’s Empire: A Maze of Debts and Opaque Ties – New York Times

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All Eyes On Jackson Hole – Seeking Alpha

All Eyes On Jackson Hole – Seeking Alpha

Another week grinds with market action remaining muted as the “dogs days of summer” finally come to a close. But it is next week, as global Central Bankers converge on Jackson Hole, Wyoming, which may give the market some direction before the final push into the November elections. As Tyler Durden noted on Zerohedge: “Fed […]