US blocks Huawei bid for 3Com
FULL STOP:
The announcement killed a takeover plan that had been in trouble at the US committee that reviews corporate takeovers impacting on national security
A planned buyout of US technology firm 3Com Corp by a private equity firm and China's Huawei Technologies Co (華為) was formally ended on Thursday because of US government opposition, the investor firm said.
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Verizon, AT&T win frequency bids
The two largest cellphone service providers in the US -- Verizon Wireless and AT&T -- won a greater swath of radio spectrum in the government auction that ended this week, heading off new competition that could have led to lower prices for consumers.
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Russia accuses pair of industrial espionage
Russia's secret service has charged two Russian-Americans with industrial espionage, the service was quoted as saying on Thursday, a day after raids on the offices of British oil major BP in Moscow.
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Starbucks ordered to repay tips and interest to baristas
'SUBSIDIZING':
Lawyers argued that the coffee chain broke the law by giving supervisors a part of baristas' tips instead of paying higher salaries
A San Diego judge on Thursday ordered coffee giant Starbucks to pay more than US$100 million in tips and interest owed to staff across outlets in California.
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US, Singapore, Abu Dhabi agree on use of sovereign funds
The US said on Thursday it had reached an agreement with Abu Dhabi and Singapore that they should not use their huge government investment funds to further their political goals.
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World Business Quick Take
■ SOUTH KOREA
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