Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%

• Intel’s stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.

  With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
  
  MarketWatch - 1h

• Intel’s stock is climbing. Here’s the latest hope for a rescue.

  Reuters reports that TSMC has approached Nvidia, Broadcom and others about a joint venture that would run Intel’s factories. But that arrangement would face some roadblocks.
  
  MarketWatch - 7h

• Companies should resist political pressures and stick to ESG, DEI commitments: Incoming DBS CEO

  "Don't chop and change just because you're trying to ingratiate yourself with another administration," says DBS Deputy CEO Tan Su Shan.
  
  CNBC - 14h

• Chipmakers are finding that good earnings aren't enough to please Wall Street

  After investors poured into semiconductor stocks last year, expectations are high, and companies are having trouble making Wall Street happy.
  
  CNBC - 5d
• 

  12 dead, dozens hurt as bus overturns, passengers thrown on highway in South Africa

  Emergency services say at least 12 people died and 45 were injured when a bus overturned on a highway in the South African city of Johannesburg
  
  ABC News - 1d

• Asana CEO Dustin Moskovitz announces retirement, stock plummets 25%

  Dustin Moskovitz, the CEO of Asana, will retire from the software company he co-founded in 2008.
  
  CNBC - 2d

• Kohl’s stock tumbles on weak outlook as sales slide. Retailer is taking action, CEO says.

  Kohl’s has “identified key areas of focus,” CEO Ashley Buchanan said.
  
  MarketWatch - 1d
• 

  Inside how John Calipari led Arkansas to a late season turnaround as Razorbacks roll into March Madness

  The Razorbacks struggled early in Calipari's first season but, even shorthanded, are on the cusp of an NCAA Tournament appearance
  
  CBS Sports - 1d

• ‘You want to become billionaires? List on NSE,’ says Ashish Chauhan, CEO of India’s National Stock Exchange

  NSE's Chauhan says that retail and foreign institutional investors will look toward Indian stocks now that valuations are "back to near their 10-year average."
  
  CNBC - 10h

More from CNBC

• Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.

  Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.
  
  CNBC - 2h

• Meta goes to arbitrator to prevent whistleblower from promoting tell-all book

  An emergency arbitrator ruled that former Meta staffer Sarah Wynn-Williams is prohibited from promoting memoir of her tenure at the social media company.
  
  CNBC - 1h

• Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

  Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.
  
  CNBC - 5h

• U.S. budget deficit surged in February, passing $1 trillion for year-to-date record

  The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.
  
  CNBC - 7h

• FTC reverses course, says it has resources to pursue Amazon deceptive practices case

  The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.
  
  CNBC - 1h

More in Business

• From China's DeepSeek moment to risks of groupthink: What tech leaders are saying on AI right now

  The future of artificial intelligence is dominating discussions at CNBC's CONVERGE LIVE in Singapore.
  
  CNBC - 19m

• Nvidia’s stock is rebounding, but the key to a real recovery may surprise investors

  While Wall Street may be worried about the sustainability of AI spending, a BofA analyst thinks gross margins are more crucial to the stock trajectory.
  
  MarketWatch - 51m

• Tesla’s stock may be bouncing, but this analyst explains why you should keep selling

  One reason Tesla investors should sell into the stock’s recent bounce is because of all the “political noise” surrounding Chief Executive Elon Musk, one analyst says.
  
  MarketWatch - 53m

• Asia-Pacific stocks rise after soft U.S. inflation report pushes two Wall Street benchmarks up

  The Nasdaq Composite picked up after the soft inflation report eased concerns about a looming recession and as investors snapped up technology shares.
  
  CNBC - 1h

• FTC reverses course, says it has resources to pursue Amazon deceptive practices case

  The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.
  
  CNBC - 1h