SAN FRANCISCO - Qualcomm Inc, the world's biggest maker of cellphone chips, unexpectedly named Chief Operating Officer Steve Mollenkopf as chief executive on Friday, heading off the possibility he might be poached to run Microsoft Corp.
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DETROIT - Ford Motor Co on Friday said it will host an analyst meeting next week, a surprise move that comes as the company prepares for the largest new model launch year in its history and faces mounting questions about Chief Executive Alan Mulally's future.
WASHINGTON - The U.S. Supreme Court on Friday agreed to decide what federal prosecutors need to prove in order for someone to be convicted of bank fraud under federal law.
PARIS - Shares in French carmaker PSA Peugeot Citroen fell a further 11.6 percent on Friday, making for a 23 percent fall in just four days, after U.S. alliance partner General Motors sold its stake ahead of a possible new share issue by the struggling French carmaker.
WASHINGTON - U.S. producer prices fell for a third straight month in November, pointing to a lack of inflation pressure that could give the Federal Reserve pause as it weighs the future of its bond-buying stimulus.
The government has started using manual work-arounds for the various software errors that plague HealthCare.gov, as enrollment starts to increase.