Qualcomm unveiled a $20 billion stock repurchase plan on Tuesday, its largest ever, as the San Diego chipmaker looks to capitalize on a steep share-price decline driven by a global memory chip supply crunch.
FedEx reported fiscal Q3 revenue of $24 billion and adjusted EPS of $5.25 on Thursday, topping analyst expectations, and lifted its full-year guidance to reflect accelerating cost savings and volume gains.
The Trump administration authorized the purchase of Iranian crude already loaded on vessels in a bid to ease soaring energy prices, marking the third sanctions waiver in two weeks amid the Gulf conflict.
The US dollar recorded its steepest weekly decline since late January on Friday as surging energy prices from the Iran war prompted central banks across Europe, Asia and Australia to signal tighter monetary policy.
A Brussels court on Tuesday ruled that Count Étienne Davignon, 93, must stand trial on war crimes charges for his alleged role in the 1961 killing of Patrice Lumumba, Congo's first prime minister — the first prosecution in 65 years.
The actor and martial artist died last Thursday in Hawaii after a sudden medical emergency. His family, political leaders, and fellow action stars paid tribute to a figure who transcended Hollywood.
