Xiaomi isn’t a household name in the U.S., but with a $54 billion valuation, its initial public offering is one of the biggest the world’s seen in years. Click the audio player above to hear the full story.
But ZTE will be hit with a $1 billion penalty.
The Chinese electronics manufacturer ZTE Corp. was on the brink of collapse after the U.S. government punished it last month for breaking American sanctions against Iran and North Korea. But in a sudden Twitter twist President Donald Trump says he’s now working to save ZTE. Click the audio player above to hear the full story.
Sarah Archer explores Christmas gift giving in post-war America in her book, "Midcentury Christmas."