Latest in Intel CEO Pat Gelsinger Resigns After Struggling to Turn Around Chip Maker
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Intel CEO Pat Gelsinger Steps Down Amid Chipmaker’s Struggles
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday.The New York Times - 1d -
Intel CEO Pat Gelsinger ousted by board after disastrous performance
Intel announced Monday that CEO Pat Gelsinger has retired from the company, effective Dec. 1.CNBC - 1d -
Intel CEO Gelsinger Retires as Chipmaker Names Interim Co-CEOs
David Zinsner and Michelle Johnston Holthaus were named interim co-leaders after the boomerang executive, who returned to the company in 2021, left the top job.Inc. - 2d -
Stellantis and Intel heads resign, adding to record-breaking CEO step-downs this year
A record number of CEOs have left their roles in 2024, according to an analysis by a career transitioning firm. Stellantis and Intel's CEOs contributed to the trend this week as the companies face ...CBS News - 18h -
Intel shares slide as Gelsinger exit leaves chipmaker without a 'quick fix'
Intel shares fell 6% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.CNBC - 22h -
Intel considers an outside CEO, taps headhunters, sources say
Intel is considering tapping an outside hire as CEO, a nearly unprecedented occurrence, as the company reels from the ouster of Pat Gelsinger.CNBC - 23h -
Jim Cramer says AMD stock is a buy on Intel's CEO shakeup — 'It's winning'
Pat Gelsinger's retirement from Intel will only help Club holding and longtime rival AMD, Jim Cramer said Monday.CNBC - 2d -
Intel’s next CEO faces ‘deadweight’ that won’t be easy to lift
Pat Gelsinger bet his legacy on returning Intel to manufacturing greatness. That puts his successor in a tough spot.MarketWatch - 2d -
Intel CEO’s Departure Latest in List of Top Jobs Vacated in 2024
Leadership changes at large publicly traded companies from Boeing to Starbucks were a feature of the corporate landscape in a tumultuous year.Inc. - 1d -
Why Making the Same Decisions Over and Over Led Stellantis’ CEO to Resign
The departure of Carlos Tavares from the automotive giant he helped create follows his inability to move on from previously successful strategies when faced with new, shifting challenges.Inc. - 1d -
Intel Just Forced Out Its CEO. It’s a Brutal Lesson Every Leader Should Learn
Intel’s CEO came in with high expectations. Less than four years later, he’s gone.Inc. - 1d -
Sinkholes around the world – in pictures
After a sizeable sinkhole appeared on a sleepy street in south Wales , here are some of the more incredible views of the phenomenon from Greenwich to Guatemala Continue reading...The Guardian - 9h -
South Korean president faces impeachment after martial law declaration
President Yoon Suk Yeol of South Korea declared martial law late Tuesday, before withdrawing troops hours later.ABC News - 8h -
Michigan coach Sherrone Moore fires offensive coordinator Kirk Campbell after unit struggles in 2024
Michigan coach Sherrone Moore has fired offensive coordinator Kirk CampbellABC News - 16h -
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exports
China bans exports to the US of gallium and other key materials after the US curbs computer chip-related exportsABC News - 1d -
Fury in South Korea After President Imposes Martial Law
President Yoon Suk Yeol’s top aides offered to resign hours after he rescinded his extraordinary order. Protesters are calling for his resignation as lawmakers prepare to meet.The New York Times - 9h -
FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - 8h -
South Korea president faces calls to resign after his martial law declaration
South Korea's president is facing calls to resign or likely impeachment after the country's parliament denied his martial law declaration. CBS News' Ramy Inocencio has the latest.CBS News - 3h -
Michel Barnier defends budget in TV interview as government faces no confidence vote on Wednesday – live
Minority government of prime minister faces near-certain defeat in a no-confidence vote that could spark crisis. The Libertés, indépendants, outre-mer et territoires (Liberties, Independents, ...The Guardian - 23h -
Political chaos in South Korea: what is martial law and what comes next after Yoon Suk Yeol’s U-turn?
Six hours after stunning the country by declaring martial law, Yoon reversed his decision and faced calls to step down. South Korea’s president, Yoon Suk Yeol, on Tuesday declared martial law, ...The Guardian - 19h -
After shooting of UnitedHealthcare CEO, here's what we know
Details are emerging in the hours after a gunman shot and killed UnitedHealthcare CEO Brian Thompson outside of a Manhattan hotel. Here's what we know.CBS News - 46m -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - 1d -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - 2h -
Nomura CEO to take pay cut after ex-staffer charged with attempted murder
Nomura’s CEO Kentaro Okuda offered his “deepest apologies” in the wake of the incident that saw one of the bank’s former employees charged with attempted murder, robbery, and arson of an inhabited ...MarketWatch - 1d -
Meloni says Italy aims to protect jobs after CEO of Fiat owner Stellantis quits
Company is at loggerheads with Italian government, which claims it has not invested enough in the country. Business live – latest updates The Italian prime minister, Giorgia Meloni, has said ...The Guardian - 1d -
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Manhunt under way after ‘brazen’ attack that killed UnitedHealthcare CEO in New York City
Police are searching for a masked man who shot Brian Thompson, 50, outside a hotel in midtown Manhattan. UnitedHealthcare CEO shooting – latest updates Healthcare boss’s fatal shooting: what ...The Guardian - 2h -
UnitedHealthcare CEO’s wife calls shooting ‘senseless killing’ as police release images of suspect – latest updates
New York police searching for masked gunman after Brian Thompson, 50, was shot outside Hilton Hotel in the city just after 6.45am ET. UnitedHealthcare CEO fatal shooting: what we know so far ...The Guardian - 22m -
A turning point for the dollar is coming
The short- and long-term prospects of the currency are at oddsFinancial Times - 14h -
As global defense spending surges, South Korean arms makers look like a clear winner
A steady increase in global expenditure, combined with growing geopolitical uncertainties has provided South Korean arms makers with larger global markets.CNBC - 8h -
Jets are sticking with struggling Aaron Rodgers as their starting quarterback
Aaron Rodgers will remain the New York Jets’ starting quarterback despite speculation the team could bench him in what has been a disappointing seasonABC News - 2d -
LeBron's jumper is off, and the Lakers are struggling on offense
LeBron James is in quite the shooting slump, especially from long distanceABC News - 1d -
As temperatures turn frigid, Minnesotans turn to saunas for warmth and community
As temperatures drop into the teens, Minnesotans have embraced sauna culture for warmth and communityABC News - 2d -
China retaliates against latest US chip restrictions
Beijing bans export of materials used in semiconductors and batteriesFinancial Times - 1d -
Apple says it uses Amazon's custom AI chips
Apple is currently using Amazon Web Services' custom AI chips for services like searching and will evaluate if its latest AI chip can be used to pre-train its AI models like Apple Intelligence.CNBC - 22h -
Jerry Jeudy talks about going up against his former teammate Pat Surtain
Cleveland Browns wide receiver Jerry Jeudy talks about going up against his former teammate Denver Broncos cornerback Pat Surtain.Yahoo Sports - 1d -
Welsh Conservative leader Andrew RT Davies quits
Andrew RT Davies resigns for second time after months of pressure and a narrow confidence vote win.BBC News - 1d -
PM refuses to give further details of Haigh resignation
Conservative leader Kemi Badenoch asks the PM why he appointed a "convicted fraudster" to his team.BBC News - 3h
