Sonari Glinton

Smartphone chip maker Qualcomm Inc. has agreed to buy NXP Semiconductors for $38 billion. The agreement allows Qualcomm, which makes chips for Apple and Android, to become the top seller of semiconductors for the car business.

Qualcomm's core business is in processors and wireless chips for smartphones. The deal allows the San Diego-based company to reduce its dependence on smartphones, a huge business that has reached a plateau.

Tesla surprised Wall Street Wednesday by posting a profit of nearly $22 million for the third quarter. It's a surprise because it's only the second time in the company's history that it has posted a quarterly profit.

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Buick, a subsidiary of General Motors, has become the first domestic brand in more than three decades to earn one of the highest ratings for reliability from Consumer Reports. Results from the Consumer Reports Annual Brand Reliability Survey were released in Detroit Monday.

The French-speaking Belgian region called Wallonia is holding up Europe's free-trade agreement with Canada. CETA, or The Comprehensive Economic and Trade Agreement, would reduce or eliminate tariffs and make it easier for goods to move between countries, similar to NAFTA or the Trans-Pacific Partnership.

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