Qualcomm said it would provide Apple with its 5G smartphone modems through 2026.
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Stocks Sink on New COVID Variant; Dow Jones Loses 905 Points
Stocks sank Friday, with the Dow Jones Industrial Average briefly falling more than 1,000 points, as a new coronavirus variant first detected in South Africa appeared to be spreading across the globe.

Lawmakers Want to Clarify Who Will Need to Report Crypto Gains to the IRS
The Treasury Department pushed for the requirement to help close the tax gap in the crypto industry by forcing better IRS reporting, but legislators on both sides of the aisle argue that the language is too broad and could curb innovation in the space.

U.S. Jobless Claims Hit 52-Year Low After Seasonal Adjustments
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job market is rebounding rapidly from last year’s coronavirus recession.

Samsung Says It Will Build $17B Chip Factory in Texas
Samsung said it plans to build a $17 billion semiconductor factory in Texas amid a global shortage of chips used in phones, laptops, cars and other electronic devices.

Stocks Edge Higher After Another Choppy Day on Wall Street
Stocks ended with scant gains after another wobbly day of trading on Wall Street Wednesday as the market remained unsettled ahead of the Thanksgiving holiday.

Maine's Lobster Boom Could Go Bust Amid Climate Change Pressures
Climate change that may have contributed to a lobster boom in Maine could soon lead to a bust. Chloe Aiello reports.

Holiday Shopping Online Gets New Meaning With Influx of Virtual Gifts
Businesses are turning increasingly to virtual items as gift options this holiday season, especially as shipping delays and shortages make some physical items less available.

FAA Proposes Fines for Alcohol-Related Incidents on Planes
Federal officials said Monday they are seeking more than $160,000 in fines from eight airline passengers over incidents involving alcohol.

Good Morning America's Strahan Among Blue Origin Crew
Good Morning America co-host Michael Strahan will be among the crew on Blue Origin’s next flight to space.



