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Stocks Extend Rally, Yen Gains as BOJ Holds Rate: Markets Wrap

(Bloomberg) — Asian stocks extended a rally in global equities as jobs data backed the view that the US economy is headed for a soft landing. The yen gained as the Bank of Japan left interest rates unchanged. Most Read from Bloomberg The MSCI Asia Pacific Index rose as equities …

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Chipmaker Qualcomm lays off hundreds of workers in San Diego

Qualcomm, which makes chips for smartphones, said it will lay off 226 workers in San Diego later this year, according to a California WARN notice published this week. The layoffs, which were first reported by The San Diego Union-Tribune, will take effect the week of November 12. The layoffs affect …

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