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Qualcomm must face FTC lawsuit

U.S. District Judge Lucy Koh has denied Qualcomm (NASDAQ:QCOM) a motion to dismiss an FTC lawsuit arguing that the chip supplier used its position in the market to compete unfairly. The ruling is a setback in Qualcomm’s broad legal battle over its business practices, including a separate suit filed by Apple that made legal arguments similar to the U.S. government.

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The Interpreter: Canada’s Secret to Resisting the West’s Populist Wave

While there is no magic answer to populism, Canada’s experience offers unexpected lessons for other nations. Continue reading the main story A Different Kind of Identity In other Western countries, right-wing populism has emerged as a politics of us-versus-them. It pits members of white majorities against immigrants and minorities, driven by a sense that cohesive national identities are under threat. In France, for instance, it is common to hear that immigration dilutes French identity, and that allowing minority groups to keep their own cultures erodes vital elements of Frenchness. Identity…

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money news Money 

'Isn't it good, Canadian wood?'

Escalating a trade dispute ahead of NAFTA negotiations, the U.S. Commerce Department has imposed preliminary anti-dumping duties on Canadian softwood lumber. Combined with the preliminary anti-subsidy duties imposed in April, total duties on the key construction material will range from 17.41% to 30.88%. The bilateral dispute is the fifth over lumber in less than 40 years. Related tickers: WY, RYN, EVA, CTT, OSB, POPE, MAS, UFPI, DEL, AMWD, KOP, TREX, LUK, LPX ETFs: EWC, CNDA, EWCS, FCAN, QCAN, HEWC

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Tycoon’s Claims Reverberate in China Despite Censorship and Thin Evidence

But it is already near impossible to hold a private conversation with anyone in the Chinese capital who takes an interest in politics without talk turning to Mr. Guo and his unverified insider tales of elite corruption and power plays. People here have followed each unveiling of Mr. Guo’s often long-winded allegations by creeping around China’s barricade of internet censorship. Continue reading the main story “I don’t think the party has ever had a big businessman so boldly challenge it like this,” said Bao Tong, a former senior aide to…

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Volvo will use NVIDIA's supercomputer to power its self-driving cars in 2021

Nvidia announced its third automotive partnership this year as it looks to beat competitors like Intel in the race to power self-driving cars. Nvidia will install its Drive PX supercomputer system in Volvo cars by 2021, Nvidia CEO and founder Jensen Huang said during Automobil Elektronik Kongress, a conference in Germany, Monday night pacific time. The company also boasts partnerships with Audi , Baidu , Tesla , and Toyota . The move further positions Nvidia to take on Intel, which is co-developing the autonomous drive platform for BMW . Intel…

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The Breakdown: Australia, Diverse and Graying. Also: Johnny Depp, and a Controversial Push to Decrypt

So, what does the fresh ink show? 1. What a Diverse Country! Australia may be the most culturally diverse country in the developed world. Around one in two Australians have at least one parent born overseas. Continue reading the main story In fact, Australia has a higher proportion of people born overseas (26 percent) than Canada (22 percent), New Zealand (23 percent) and the United Kingdom (13 percent) — and nearly twice the proportion as in the United States (14 percent). Despite its historic ties to Britain, overseas-born Australians are…

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The Weird, Mystic Pull of Southwest England

Totnes and Dartington During the 85-mile drive southwest to Totnes from Glastonbury, Somerset’s plains and soft hills gave way to something wilder, more wooded, more forbidding. Before hitting the town itself, I had an appointment on its outskirts to meet Tom Cox, citizen folklorist and naturalist, author of best-selling books about his cats, for lunch at the Riverford Field Kitchen. Continue reading the main story I arrived at the field kitchen — an airy, relaxed restaurant on the grounds of a large working farm — wearing a floral headband. I…

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A Welcome Payday for Obscure Teams in the Champions League

That plan proved unworkable, but Trepca officials eventually found seats for the team on a flight from Slovenia back to Kosovo. From there, the team was to travel to Turkey, then to Denmark, before finally flying to the remote Faroes, a cluster of Danish islands north of Scotland. There, in the North Atlantic, their Champions League journey will begin. Just 24 days after Cristiano Ronaldo’s two goals helped Real Madrid beat Juventus in the Champions League final in Cardiff, Wales, the competition returns this week on a handful of obscure…

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