Latest in Intel takes $18.7bn in restructuring and impairment charges
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Intel takes $18.7bn in restructuring and impairment charges
Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demandBusiness - Financial Times - 9 hours ago -
Intel books big charges for restructuring, but here’s why its stock is surging
The company says business trends are improving despite ‘noisy’ earnings.Business - MarketWatch - 6 hours ago -
AT&T’s stock rises as subscriber beat overshadows a big charge
The telecom giant took a $4.4 billion goodwill impairment charge related to its business-wireline unit, which is under pressure as business customers cut back on legacy voice services.Business - MarketWatch - October 23 -
Richarlison takes charge from spot to sink AZ and keep up Spurs’ perfect start
This tense victory over AZ Alkmaar was not without complications for Tottenham, who were a long way below their pulsating best on a night when Timo Werner’s crisis of confidence reached new ...World - The Guardian - October 24 -
What Germany’s new naval base means for Baltic security
Also in this newsletter: the UK joins the EU in committing to the G7 loan to UkraineWorld - Financial Times - October 22 -
HSBC Announces Restructuring and Names First Female C.F.O.
The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its sprawling operations.Business - The New York Times - October 22 -
Pressure mounts on VW to finally confront the reality of restructuring
The carmaker must overcome internal resistance to changes necessary to boost competitivenessBusiness - Financial Times - October 23 -
Atos Debt Grows as Restructuring Effort Continues
Atos said its debt pile grew in the third quarter as the beleaguered French IT firm seeks to implement a financial restructuring aimed at restoring profitability.Business - The Wall Street Journal - October 24 -
Aces restructuring front office, cut ties with GM
The Aces will not renew the contract of general manager Natalie Williams as part of a restructuring of their front office, the team announced.Sports - ESPN - 5 days ago -
Nestlé ‘not broken’ says new chief as he announces restructuring
World’s largest food group cuts outlook to more ‘realistic’ sales target amid weak consumer demandBusiness - Financial Times - October 17 -
Intrum seeks U.S. bankruptcy protection to restructure $4.7 billion net debt
Intrum, Europe's biggest debt collector, said on Friday it will file for voluntary Chapter 11 bankruptcy protection in the United States as it seeks to restructure its own finances. The company ...Sports - Yahoo Sports - October 18 -
HSBC embarks on major restructuring, names first female CFO
HSBC has unveiled a major overhaul, announcing a new geographic setup, consolidated operations and a new CFO — the lender's first female finance chief.Business - CNBC - October 22 -
The White House Bet Big on Intel. Will It Backfire?
A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.Business - The New York Times - October 24 -
U.S. intel identifies disinformation campaigns ahead of election
With just over a week to go before elections, there's a new warning about threats, fake videos and propaganda all aimed at trying to fool voters. NBC News' Maura Barrett reports.Politics - NBC News - 5 days ago -
Johnson: Congress coming back early for hurricane relief would be ‘premature’
Congress is not scheduled to be back in session until after the election.Politics - Politico - October 13 -
Maine’s Jared Golden is ready to make things awkward for his fellow Democrats
Rep. Jared Golden may be the heir apparent to West Virginia’s Joe Manchin in trying to claw Democrats away from the left on issues like energy and the environment.Politics - Politico - October 14 -
Intel, AMD Create Advisory Group to Shape Future of X86 Architecture
The two companies and other technology giants will work together to shape the future of the x86 chip as the landscape transitions to dynamic artificial-intelligence workloads.Tech - The Wall Street Journal - October 15 -
Disaster loan program fully ‘exhausted’ with Congress still out of town
Without congressional action, the Small Business Administration can’t make new loan offers to people trying to rebuild after disasters like Hurricanes Helene and Milton.Politics - Politico - October 15 -
China Security Group Urges Review of Intel's Chips as Tech Tension With U.S. Rises
The Chinese industry group said that Intel’s products have shown security vulnerabilities and high failure rates.Business - The Wall Street Journal - October 16 -
Intel faces headwinds in China as trade body calls for security probe
Intel products have been recommended for a security review by a trade group in China which alleges they pose vulnerabilities and risks to national security.Business - CNBC - October 17 -
Intel faces headwinds in China as trade body calls for security probe
Intel products sold in China have been recommended for a security review by local officials who allege that the U.S. chipmaker poses “serious risks” to national security.Top stories - NBC News - October 17 -
McConnell defends past Trump comments: ‘We are all on the same team now’
The Senate GOP leader called the former president “stupid” and a “despicable human being” following the 2020 election, according to The Associated Press.Politics - Politico - October 17 -
Intel seeks billions for minority stake in Altera business, sources say
This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.Business - CNBC - October 18 -
FBI investigating leak of US intel on Israel's attack plans for Iran
The FBI has opened an investigation into the unauthorized leak of classified U.S. intelligence documents containing Israel’s potential plans for a retaliatory strike against Iran, the bureau said ...Politics - The Hill - October 22 -
How Intel Got Left Behind in the A.I. Chip Boom
Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush.Business - The New York Times - October 24 -
Intel wins lengthy EU legal battle over £880m competition fine
Chipmaker disputed 2009 decision that it abused its market position in case dating back two decades. The US chipmaker Intel has won a long-running battle to quash a fine of more than €1bn imposed ...World - The Guardian - October 24 -
Beyond AI, AMD and Intel earnings will hit on another important trend
Next week, as the technology sector earnings reporting season begins in full force, the results from two rival chip makers, Intel Corp. and Advanced Micro Devices Inc., will give investors data on ...Business - MarketWatch - 5 days ago -
US Intel Says Insider Threats Are 'Likely' During the Election
A government memo viewed by WIRED states that insider threats “could derail or jeopardize a fair and transparent election process.”Tech - Wired - 3 days ago -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - 7 hours ago -
Intel Posts $16.6 Billion Quarterly Loss, Its Biggest Ever
The Silicon Valley chip maker has struggled to turn around its fortunes after missing opportunities and poor execution.Tech - The New York Times - 8 hours ago -
Intel CEO’s turnaround mirrors some moves by Steve Jobs. But is it too late?
Intel Corp. Chief Executive Pat Gelsinger gave a few important details Thursday about the company’s ongoing restructuring that mirrored some of the moves that Steve Jobs made at Apple — but it may ...Business - MarketWatch - 5 hours ago -
Bondholders could make $14bn from emerging market restructurings, says Debt Justice
Campaign group says debt resolution in countries from Ghana to Ukraine means potential big profits for investorsWorld - Financial Times - October 18 -
Motion picture academy lays off staff at archive and library amid broader restructuring
The Academy of Motion Picture Arts and Sciences is restructuring its archive and library, cutting 16 staff members as part of a strategic effort to consolidate preservation efforts.Entertainment - Los Angeles Times - 8 hours ago -
Senate Intel chair frets about foreign actors spreading hurricane, election misinformation
Senate Intelligence Committee Chair Mark Warner (D-Va.) on Tuesday indicated that he is concerned foreign actors are spreading misinformation related to the recovery from a pair of recent ...Politics - The Hill - October 15 -
