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Business Practices

  • Feb 14- LendingClub Corp reported its third straight quarterly loss on Tuesday and forecast slower-than-expected growth this year, as the online lender recovers from a scandal related to its business practices. The San Francisco- based startup has been in recovery mode since May, when LendingClub acknowledged issues including the way it had sold loans to an...

  • SAN FRANCISCO, Jan 26- Apple Inc's new legal assault on Qualcomm in the United States and China reflects its conclusion that regulators are unlikely to put an end to what it considers the chip maker's unfair business practices, analysts said. The U.S. Federal Trade Commission sued Qualcomm over the practice on Jan. 17. President Donald Trump named FTC...

  • Qualcomm also forecast current-quarter adjusted profit of $1.15- $1.25 per share and revenue of $5.5 billion- $6.3 billion. South Korea's antitrust regulator, The Korea Fair Trade Commission, fined Qualcomm 1.03 trillion won in December for what it called unfair business practices in patent licensing and modem chip sales. Qualcomm is a major supplier to both...

  • WASHINGTON, Jan 17- Liberal U.S. Supreme Court justices on Tuesday questioned the practices of a firm that buys unpaid consumer debt for pennies on the dollar then seeks to recover it from people in bankruptcy even when barred from doing so by state statutes of limitations. During arguments in a case involving debt collection company Midland Funding, a...

  • TORONTO, Jan 6- Canada's Competition Bureau on Friday said it had not found sufficient evidence that Apple Inc had engaged in anti-competitive conduct, closing a two-year investigation into the iPhone maker. The watchdog launched a probe into Apple's business practices in December 2014 to investigate allegations the company's Canadian unit had used...

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea/ SAN FRANCISCO, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in...

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea/ SAN FRANCISCO, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in...

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea/ SAN FRANCISCO, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in...

  • *Firm fined $975 million in China in 2015 on antitrust charges. SEJONG, South Korea, Dec 28- South Korea's antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. firm said it will challenge in court. The fine is the largest ever levied in South Korea.

  • SEJONG, South Korea, Dec 28- South Korea's antitrust regulator said on Wednesday it fined U.S. chipmaker Qualcomm Inc 1.03 trillion won, a record for the country, ruling its business practices of patent licensing and smartphone modem chip sales hindered competition. Qualcomm in February 2015 agreed to pay a $975 million fine in China following an antitrust...

  • Fluor CEO: Betting on infrastructure

    David Seaton, Fluor CEO, discusses the importance of managing and implementing an infrastructure program in the U.S.

  • SAO PAULO, Dec 1- Odebrecht SA, the engineering conglomerate that on Thursday agreed to a $2 billion leniency deal with prosecutors in Brazil's biggest graft case, is making progress selling assets and restructuring some businesses as part of a broad overhaul. In a statement, the company pledged not the engage ever again in improper business practices.

  • Samsung has another problem on its hands

    US regulators warn of potential safety issues with some top-loading Samsung washing machines.

  • How to ask for flexible retirement

    If you’re not ready to retire and change your lifestyle completely, you might be able to create your own arrangement with a 'flexible retirement.' CNBC's Sharon Epperson explains what this means for workers looking for alternative retirement options.

  • Trump's company allegedly violated Cuba trade embargo

    Newsweek reports the GOP nominee's company secretly conducted business in Cuba despite a long-running trade embargo.

  • Home Depot pulls 'Scary Peeper' Halloween prop

    The home improvement retailer will stop selling the item following a number of customer complaints.

  • The German financial watchdog denies reports it's working on a rescue plan to help the lender.

  • In a tweet, the businessman asks how many employees Donald Trump has turned into millionaires.

  • Female leaders super-charge companies

    A Credit Suisse report shows higher participation by women as CEOs or board members generate higher returns on equity.

  • Stumpf 'completely unprepared': Jeremy Siegel

    Jeff Sonnenfeld, Yale University School of Management and CNBC Contributor, discusses Wells Fargo CEO John Stumpf's testimony before Congress.