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U.S. markets news

Apple Sues Qualcomm For $1 Billion, Alleging Extortion
Qualcomm Inc. CEO Steve Mollenkopf speaks during a keynote address at CES 2017 (Photo by Ethan Miller/Getty Images). Just days after the United States Federal Trade Commission sued Qualcomm for antitrust violations, Apple is joining in.
Apple sues Qualcomm for withholding $1 billion 'as retaliation'  The Verge
Apple is suing one of its most important suppliers  Business Insider
Washington Post  
Stocks Edge Higher, Snapping a 5-Day Losing Streak for Dow
Materials companies led U.S. stocks modestly higher Friday, recouping much of the market's loss from a day earlier and snapping a 5-day losing streak for the Dow Jones industrial average.
Dow industrials edge higher after 5 straight losses  Washington Post
Stocks edge up, snapping the Dow's five-day losing streak  Los Angeles Times
Treasury pick emerges smiling from testy hearing
Treasury nominee Steven T. Mnuchin spent 17 years working at Goldman Sachs, part of what President-elect Donald Trump once called the “global power structure” that has “robbed” American workers.
Steven Mnuchin, Treasury Nominee, Failed to Disclose $100 Million in Assets  New York Times
Uber targeted by anti-Trump protesters on inauguration day
SAN FRANCISCO - Uber employees arriving to work at the ride-hailing company's headquarters Friday morning found this unusual scene: anti-Donald Trump protesters chained to the entrance doors.
The Latest: Anti-Trump protest at Golden Gate Bridge  Miami Herald
Anti-Trump Protesters Blockade Uber Headquarters  Fortune
Trump Administration Overturns Obama's FHA Mortgage-Fee Cut
President Donald Trump, First Lady Melania Trump, former President Barack Obama and former First Lady Michelle Obama walk together following the inauguration, on Capitol Hill in Washington, D.C.
Trump takes away FHA mortgage insurance premium cut not long after being ...  Washington Post
Newly inaugurated Trump administration puts mortgage premium cuts on hold  CNBC
Uber to Pay $20 Million to Settle FTC Charges on Earnings Claims for Drivers
WASHINGTON—Uber Technologies Inc. agreed Thursday to pay $20 million to resolve Federal Trade Commission allegations that it misled drivers about potential earnings and vehicle financing.
Uber owes $20 million for greatly exaggerating how much its drivers really make  Quartz
Uber pays $20 million to settle claims it deceived drivers about pay  Los Angeles Times
6 Tips for Avoiding the Worst Student Loan Repayment Traps
Rohit Chopra, former student loan ombudsman for the Consumer Financial Protection Bureau, which has filed suit against the nation's largest student loan servicer.
How student loan servicers affect tens of millions of people  Washington Post
CFPB fights to end financial discrimination. We must fight for it.  The Hill (blog)
Bristol's Opdivo Dependence Now Looks Dicey
Bristol-Myers Squibb Co. started 2016 as the acknowledged king of immune-boosting cancer drugs. That position has never looked shakier.
Bristol-Myers lung cancer delay slams shares, keeps Merck in lead  Reuters
Jim Cramer on Bristol-Myers' Opdivo/Yervoy Combo: 'That Story Was ...
GE Misses Sales Estimates as Oil Weighs on Immelt's Overhaul
General Electric Co. slumped Friday after another quarter hampered by persistent woes in the oil-patch. Weakness in the oil and gas unit, which makes drilling equipment and pipes, will probably linger into this year after an “extremely difficult” 2016 ...
GE revenue dented by oil woes  MarketWatch
[video]For GE's Growth Targets, $50 Crude and OPEC Deal Are Good Omens  Yahoo Finance
Walgreens Faces U.S. Antitrust Concerns Over Rite Aid Fix
Walgreens Boots Alliance Inc.'s plan to win U.S. antitrust clearance for its acquisition of Rite Aid Corp. hasn't satisfied officials at the Federal Trade Commission, according to people familiar with the matter.
Rite Aid Shares Fall 19% On Fear Feds Could Nix Walgreens Mega-Deal  Fortune
Rite Aid Crashes on Report of Walgreens Deal Fears