Qualcomm Crumbles Under Supply Chain Issues But Concerns Are Overblown -- Smartphones have shown significant growth in 2011, and we expect this to continue in 2012 as well. Despite economic uncertainties, consumer shift towards smartphones continues to be strong. iPhone and Android based smartphones have incredibly high growth and tablet growth is picking up momentum as well. Gartner estimates that tablets have registered a growth of over 250% in 2011, and will continue to grow rapidly for the next few years to reach about 370 million unit sales by 2016.  The increasing adoption of mobile devices will help Qualcomm see its mobile chipsets, bolstered by its Atheros' acquisition last year, gain increased traction.
That's a bridge I'll definitely feel safe driving across!
New claims of 520 Bridge workers drinking at second jobsite -- Reaction has been swift after our Problem Solvers investigation caught 520 Bridge contract workers drinking on the job. Just 24 hours after our story aired, Washington Secretary of Transportation Paula Hammond is condemning the work-day boozing and top executives from the private contracting company are flying into Seattle. And now there's a new revelation in the story. A new whistleblower has come forward to say the problem is more widespread than anyone imagined. Among the outpouring of response to our investigation, we're now learning from a former 520 Bridge worker that a different jobsite also has a problem with alcohol.
The Yankees are NOT for sale.
Hal Steinbrenner denies report he's selling Yankees -- Multiple baseball and finance sources told the Daily News they are hearing that the team the Steinbrenner family has led to seven World Series titles could be put on the block in the wake of the record sale price of $2.175 billion the Los Angeles Dodgers went for in April. "There has been chatter all around the banking and financial industries in the city for a couple of weeks now," one high-level baseball source told The News...
Apple Can Use Huge Cash Balance To Fund Supply Chain Improvements -- Apple's famed supply chain has been one of the biggest drivers of profits at the Cupertino-based company. It therefore should come as no surprise that Apple has decided to split the costs of improving factory conditions at Foxconn with the latter.