The European Union fines Qualcomm for allegedly violating antitrust laws. The EU is forcing the chipmaking company to pay $1.2 billion for illegally paying Apple to use its products exclusively. Apple and Qualcomm have been engaged in a long battle over this controversy.
Starbucks and Disney announce pay raises and better employee benefits thanks to savings from the new tax reform bill. Starbucks says it will increase employee salaries, offer stock options, and offer more benefits. Disney says it will pay one-time $1,000 bonuses to 125,000 employees. The company will also invest $50 million in an education program for hourly workers.
We talk to the directors behind the newest Netflix series, "Dirty Money," premiering this Friday, January 26th. Each episode in the six-part series will look at a different story of corporate corruption. Two of the directors, Kristi Jacobson and Erin Lee Carr, discuss how the series takes viewers beyond the headlines of big scandals such as VW's recall, Martin Shkreli, and even the Trump Organization.
And Brett Holts, VP of Nike Running Footwear, introduces Nike's newest sneaker, the Epic React Flyknit. Holts says the shoe features a brand new foam compound, developed entirely by Nike. In the ongoing sneaker wars between Nike and Adidas, Holts says competition is always good, but Nike is focused on its own products.
Global markets hit a turning point as Michael Spence, Nobel Prize–winning economist and Professor Emeritus at Stanford University, assesses risks and growth.
Allison Pohle, reporter at The Wall Street Journal, breaks down airline chaos, surprise winners, and what the latest rankings mean for your next flight.
Jason Chinnock discusses Ducati’s 100th anniversary, blending a century of racing heritage with innovation, off-road expansion, and plans for the next 100 years
Jasmine Sun on unregulated peptides moving from fringe biohacking to Silicon Valley mainstream, promising healing, focus, and optimization with little oversight
