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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 - November 1 -
Intesa Sanpaolo unveils plans to cut 9,000 jobs
Italy’s largest bank wants to reduce costs by accelerating its digital transformationBusiness - Financial Times - October 23 -
Queen's University to cut jobs as it faces £11m deficit
The university told BBC News NI it is planning to cut the jobs through a voluntary redundancy scheme.Top stories - BBC News - October 25 -
Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”Business - The New York Times - October 15 -
Airbus to cut up to 2,500 jobs at defence and space unit
Planned reductions are a response to cost increases and stiffening competitionBusiness - Financial Times - October 16 -
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Boeing competitor Airbus to cut up to 2,500 jobs in space, defense sector
Boeing competitor Airbus on Wednesday announced it would take steps to cut 2,500 jobs in the company’s defense and space division through the middle of 2026. Airbus said the job cuts would result ...Politics - The Hill - October 17 -
PPG to Cut 1,800 Jobs, Shrink Costs With Sale of Architectural-Coatings Biz
PPG agreed to sell its architectural-coatings business in the U.S. and Canada to private-equity firm American Industrial Partners for $550 million, and outlined cost and job cuts.Business - The Wall Street Journal - October 17 -
Volkswagen plans to close at least 3 German plants and cut thousands of jobs
Europe’s largest carmaker tells works council it would slash pay by 10%Business - Financial Times - October 28 -
Europe's Auto Woes Continue as Michelin, Schaeffler Plan Job Cuts
Michelin and Schaeffler said they plan to close factories and cut thousands of jobs in Europe as car-part suppliers reel from weakness in the automotive sector.Business - The Wall Street Journal - 3 days ago -
Nissan cuts 9,000 jobs and halves CEO’s pay as it sinks to a loss
Carmaker to slash global production capacity by a fifth in emergency turnaround planWorld - Financial Times - Yesterday -
Nissan Cuts 9,000 Jobs and Slashes C.E.O.’s Pay in Half
The Japanese automaker is carving deep cuts in its global operations as it struggles with a steep drop in sales.Business - The New York Times - Yesterday -
Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell
Nissan is reporting a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory balloonedWorld - ABC News - Yesterday -
Stellantis Plans to Cut 1,100 Jobs at U.S. Jeep Plant
Jeep maker Stellantis said it is cutting 1,100 jobs at a U.S. factory as it seeks to reduce high inventory levels that have weighed on its performance.Business - The Wall Street Journal - Yesterday -
Spirit Airlines stock jumps 15% after struggling budget carrier said it will sell planes, cut jobs
Spirit Airlines shares rose after the struggling carrier said it will cut jobs and sell planes.Business - CNBC - October 25 -
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Gallerist Atsuko Ninagawa on how to navigate Tokyo’s art scene
A tour of the city’s cultural highlights with the co-founder and director of Art Week TokyoWorld - Financial Times - October 29 -
Reeves’ Budget measures risk hitting ‘working people’, analysts say
Some businesses will struggle with tax rises alongside a higher minimum wage and new labour lawsWorld - Financial Times - October 29 -
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 - October 26 -
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 - October 31 -
After Intel’s messy earnings report, this much is clear
Intel CEO Pat Gelsinger seems to have the board’s backing for his plan to run Intel’s foundry and design businesses combined, analyst says, despite reports of potential merger interest or a split.Business - MarketWatch - November 1 -
Nvidia Will Replace Intel in the Dow Jones Stock Index
The change, starting next Friday, lifts a dominant player in artificial intelligence over its chip-making rival, which has struggled to keep up.Tech - The New York Times - 6 days ago -
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 - 4 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 -
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 -
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 - October 26