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DealBook Briefing: Qualcomm Violated Antitrust Law

Good Wednesday morning. (Want this by email? Sign up here.) Qualcomm loses a big antitrust case The company suppressed competition in the smartphone chip market and then charged excessive licensing fees, a federal judge has ruled. “Qualcomm’s licensing practices have strangled competition” in key parts of the modem chip market, …

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Trump Team Vets Fed Critic for Board Seat

Still, while four of Mr. Trump’s Fed nominees were confirmed, his two most recent formal nominations — Nellie Liang and Marvin Goodfriend — were never cleared by lawmakers. And neither Mr. Moore, a political commentator, nor Mr. Cain, a former presidential candidate, was ever formally nominated after concerns about past …

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Dressbarn Closing All 650 Stores

It’s time to close the barn doors. The parent company for the fashion retailer Dressbarn said this week that it would close all of its approximately 650 stores. Gary Muto, the chief executive of Ascena Retail Group Inc., which also owns Lane Bryant, Ann Taylor and Loft, wrote a letter …

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