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Category: News

  • Qualcomm Fined $975m by China’s National Development and Reform Commission

    Qualcomm Chips

    SAN DIEGO, Feb. 9, 2015 /PRNewswire/ — Qualcomm Incorporated (QCOM) today announced that it has reached a resolution with China’s National Development and Reform Commission (NDRC) regarding the NDRC’s investigation of Qualcomm under China’s Anti-Monopoly Law (AML). The NDRC has issued an Administrative Sanction Decision finding that Qualcomm has violated the AML. Qualcomm will not pursue further legal proceedings contesting the NDRC’s findings. Qualcomm has agreed to implement a rectification plan that modifies certain of its business practices in China and that fully satisfies the requirements of the NDRC’s order. Although Qualcomm is disappointed with the results of the investigation, it is pleased that the NDRC has reviewed and approved the Company’s rectification plan. The following are the key terms of the rectification plan:

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  • Three-Day Snowstorm to Add 20+ Inches on Top of Record Snowfall, Boston Schools Close on Monday and Tuesday

    BOSTON – February 8, 2015 – Mayor Martin J. Walsh announced today that due to the ongoing snow storm, with expected accumulations of up to 24 inches, Boston Public Schools will be closed Monday, February 9 and Tuesday, February 10. A snow emergency parking ban will go into effect in the City of Boston at 4pm today, and towing will being at 6pm.

    Information on the storm will continue to be updated on boston.gov/snow. To register for Alert Boston, please visit: http://www.cityofboston.gov/oem/alertboston.asp
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  • Safety Tips Ahead of Winter Weather from Mayor Walsh

    BOSTON – Thursday, February 5, 2015 – Mayor Martin J. Walsh today issued safety tips ahead of the low wind chill temperatures, and winter storm expected early next week. 
     
    A Wind Chill Advisory has been issued for Boston from 6 p.m. Thursday until Friday at 10 a.m. Temperatures will range between 6 below to 18 above zero the wind chill reading could be as low as 20 below.
     

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  • Tufts Medical Center Honored at Kwong Kow Chinese School Fundraising Gala

    By Menglei Han, bostonese.com

    Boston, Feb. 3, 2015, — Kwong Kow Chinese School(KKCS) held a fundraising dinner party at the Empire Garden Restaurant in Boston Chinatown recently. The theme of the party is “Heritage, Innovation, and Responsibility.” Nearly 500 people attended the party and donated. KKCS collected about $180,000 for their future development. Boston City Councilor-At-Large Michelle Wu, a volunteer at KKCS years ago, congratulated the achievements by the its teachers and students.
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    Theresa Tsoi gives Make the Difference award to Michael Wagner, CEO of Tufts Medical Center (photo by Menglei Han).
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  • 16 of 31 Killed in Taiwan Plane Crash from Mainland China

    Taipei, Feb. 5, 2014, /ecns.cn/ — Sixteen of the 31 confirmed deaths in the Taiwan TransAsia Airways plane crash were Chinese mainland residents, according to the local disaster response authority.
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  • Malcolm Butler’s Cinderella Story Makes Patriots Champions Again

    Boston, Feb. 3, 2015, — Tom Brady took home the MVP, but it was former West Alabama All-American Malcolm Butler who made the play that clinched the New England Patriots win in Super Bowl XLIX. Brady agreed to give the Chevy truck awarded to him with the MVP prize to Butler during this morning’s interview on WEEI sports radio.
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  • Blackstone’s Schwarzman on Collaboration with China

    By “Dr. Tea”, CEO of Mylovetea Company

    Cambridge, Mass., Feb. 2, 2015, — Stephen Allen Schwarzman, chairman and CEO of the Blackstone Group, visited Harvard University and gave his speech at the Science Center on his company and their collaboration with China, especially the Anbang Group. The personal fortune of Mr. Schwarzman is estimated to be $10.8 billion and ranked at 122nd on the World’s Billionaires List by Forbes.

    Mr. Schwarzman graduated from Yale and don’t known much about the Harvard campus. I gave him a tour. He joked he was not smart enough to get into Harvard and he went to Yale when he was 18. He contacted Harvard Dean of Admission and yet the Dean said Yale was pretty good too. Stephen said, later on, the Dean felt regretful for not enrolling him to Harvard though. Also, he felt more excited to run a company than a school. However, he said: “never stop learning!”
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    “Dr. Tea”(left) with Mr. Schwarzman.
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  • Edelman and Butler Go to Disney and Victory Parade on Feb. 4 in Boston

    Boston, Feb. 1, 2015, — Visitors to Disneyland were treated to a victory parade of Super Bowl champions Julien Edelman and Malcolm Butler today. The New England Patriots defeated Seattle Seahawks last night at Super Bowl XILV in Glenndale, AZ. Quarterback Tom Brady threw four touchdown passes in the come-from-behind victory, and won the Super Bowl MVP award.
    Disneyland Resort-Patriots Victory Parade
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  • Register Now — 2015 NECP Chinese New Year Gala

    2015 New England Chinese Professionals Chinese New Year Gala & Community Enrichment Forums
    新英格兰华人专业人士2015春节联欢晚会及社区论坛

    Date: Feb 21, 2015, Saturday, 1:00 PM-11:00 PM

    Venue: Boston Marriott Newton, 2345 Commonwealth Avenue, Newton, MA 02466
    Tickets: Early Bird ticket: $60 before Jan 31; Regular ticket: $75 after Jan 31; Student ticket: $40, limited quantity of discounted ticket available for current student. (Ticket is non-refundable once purchased.)

  • Amazon Reports Record Sales in 4Q 2014

    SEATTLE–(BUSINESS WIRE)–Jan. 29, 2015– Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its fourth quarter ended December 31, 2014.

    Operating cash flow increased 25% to $6.84 billion for the trailing twelve months, compared with $5.47 billion for the trailing twelve months ended December 31, 2013. Free cash flow decreased to $1.95 billion for the trailing twelve months, compared with $2.03 billion for the trailing twelve months ended December 31, 2013.
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    Amazon Employee picking with robot Kiva at its warehouse (file photo).
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