Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act

The latest intel on the Timberwolves' ownership drama -- and the battle that looms

With arbitration set to begin Monday, here's the latest on Glen Taylor, Alex Rodriguez and Marc Lore -- and the battle for the multibillion-dollar franchise.

Sports - ESPN - 5 days ago

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

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

A Year on, Intel’s Touted AI-chip Deals Have Fallen Short

Despite increased sales projections overall, the chipmaker did not sell as many of its Gaudi AI chips as its CEO hoped.

Business - Inc. - November 1

Speaker Johnson does clean up on CHIPS Act repeal question

Speaker Mike Johnson (R-La.) quickly backtracked after saying at a campaign event on Friday that he would “probably” move to try to repeal the CHIPS and Science Act, marking the second time in a ...

Politics - The Hill - November 2

Harris slams Speaker Johnson’s comments about CHIPS Act

Vice President Harris took a swipe at Speaker Mike Johnson (R-La.) Friday evening, after Johnson said on the campaign trail that he would "probably" move to try to repeal the CHIPS and Science Act. ...

Politics - The Hill - November 2

House Speaker Johnson Walks Back Talk of Repealing CHIPS Act

In an up for grabs New York congressional district getting a Micron plant through federal grants, a comment that the GOP ‘probably will’ try to repeal the program quickly gets massaged to a desire ...

Business - Inc. - 5 days ago

Why Trump May Drop Plans to Repeal Biden’s Chips Act

The president-elect has a record of reversing policies from prior administrations, but there are many reasons he might spare Biden’s program to boost domestic semiconductor manufacturing.

Business - Inc. - 2 days ago

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

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 - October 31

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

Wolfspeed, a Maker of EV Chips, Gets $750 Million in Grants for North Carolina Plant

The government money, and matching funds from a group of financial firms, will be used for its new silicon carbide wafer plant in the Research Triangle area.

Business - Inc. - October 15

Don't own the AI chip leaders? Jim Cramer says this might be your chance to act

The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.

Business - CNBC - October 15

House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back

House Speaker Mike Johnson is trying to clarify remarks he made at a New York campaign rally where he suggested that Republicans may try to repeal legislation that has spurred U.S. production of ...

Tech - ABC News - November 1

Harris slams Speaker Mike Johnson for saying the GOP may repeal CHIPS Act

Vice President Kamala Harris tore into Speaker Mike Johnson, R-La., on Saturday for his comment that Republicans might seek to repeal the CHIPS and Science Act if they take control of Congress in ...

Politics - NBC News - November 2

Harris defends CHIPS Act after House Speaker Johnson suggests GOP would try to repeal law

Donald Trump regularly attacks Vice President Kamala Harris and President Biden for the CHIPS Act.

Business - CNBC - November 2

Trump likely to uphold CHIPS Act despite his campaign rhetoric, policy experts say

President elect Donald Trump is unlikely to roll back the Biden administration’s CHIPS and Science Act, despite his campaign rhetoric on the bill, experts say.

Business - CNBC - 2 days ago

3 Ways to Manage While Out on Leave

Practical strategies for entrepreneurs to empower their teams while prioritizing their own health and family commitments.

Business - Inc. - October 22

Pentagon to Give Honorable Discharges to Some Kicked Out Under ‘Don’t Ask, Don’t Tell’

More than 800 service members administratively separated from the military under the now-repealed policy will receive discharge upgrades.

Top stories - The New York Times - October 16

Intel scores fresh win against EU after top court backs annulment of billion-euro antitrust fine

Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...

Tech - ABC News - October 24

Intel wins against EU after court backs annulment of billion-euro antitrust fine

Chipmaker Intel has won a fresh victory in a long-running battle against European Union competition watchdogs after the bloc’s top court confirmed a lower tribunal’s decision to overturn a ...

World - ABC News - October 24

Intel Posts More Than $16 Billion Loss but Says Sales Outlook Is Improving

The chip maker attributed nearly $16 billion in charges to its sweeping restructuring efforts. The company’s rosy sales forecast sent shares up about 8% after hours.

Business - The Wall Street Journal - October 31

DOD grants honorable discharges to 800 vets kicked out under 'Don't Ask, Don't Tell'

More than 13,000 service members were kicked out under the policy between 1994 and 2011.

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Middle East latest: Hezbollah's acting leader says the group is focused on hurting Israel

Hezbollah’s acting leader says the Lebanese militant group is focused on “hurting the enemy” by targeting Haifa and other parts of Israel, including Tel Aviv

World - ABC News - October 16

Alphabet's two pillars of growth stand tall in the latest quarter. But we're not ready to act

Alphabet shares surged during Tuesday's after-hours trading following a solid earnings print.

Business - CNBC - October 30

Tommy Robinson charged under Terrorism Act before far-right march in London

Met says it expects ‘busy day’ on Saturday as Stand Up to Racism and Chris Kaba rallies also planned. The far-right leader Tommy Robinson has been charged under the Terrorism Act and is being held ...

World - The Guardian - October 25

ASML share plunge wipes over $50 billion off Dutch chip giant's value

ASML published its third-quarter earnings Tuesday, a day earlier than expected.

Business - CNBC - October 16

3 Neuroscience-Backed Habits Managers Should Use to Stop Employee Turnover

Multitasking is the first thing managers must do away with, according to science.

Business - Inc. - November 1

Rangers promote new general manager to serve under Chris Young as Texas tries to rediscover World Series form

The Rangers are just a season away from a championship with their core still intact

Sports - CBS Sports - 5 days ago

Middle East latest: Israel apologizes for strike that killed 3 Lebanese soldiers

The Israeli military has apologized for a strike that killed three Lebanese soldiers in southern Lebanon, saying it is not battling the country’s military and its troops believed they were ...

World - ABC News - October 21

Middle East latest: Israeli strikes on Lebanon and Gaza leave dozens dead

Lebanon’s state-run National News Agency says an Israeli airstrike hit a compound housing journalists in southeast Lebanon, killing three media staffers from two different news agencies

World - ABC News - October 25

Bus fares to rise to £3 in England under new cap

The new limit replaces the existing £2 cap but some have criticised the decision.

Biden administration announces $3 billion for rural electric co-ops

The Biden administration announced more than $3 billion Friday in funding for seven rural electric cooperatives, part of a broader effort to promote renewable energy in rural areas. The grants ...

Politics - The Hill - October 25

HSBC shares surge on another $3 billion buyback plan and earnings beat

HSBC shares increased 4% on Tuesday as the British bank beat analysts’ earnings expectations for the third quarter and launched another $3 billion share buyback plan.

Business - MarketWatch - October 29

Biden to unveil $3 billion investment in U.S. ports in Baltimore

President Biden will announce initiative to modernize ports across the U.S. and improve working conditions for dockworkers.

Latest in Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act