Intel Ceo Moves to Further Cut Costs and Separate Chip Making and Design
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Los Angeles Times - Entertainment
Longtime anchor Jeff Glor and three correspondents exit CBS News in cost-cutting move
Familiar faces will be leaving the news division in the latest round of layoffs at Paramount Global, which is looking for $500 million in annual cost savings.18 minutes ago -
MarketWatch - Business
Fed’s favorite PCE inflation gauge likely to show cooling inflation and back further rate cuts
The rate of U.S. inflation using the Federal Reserve’s favorite gauge is likely to show prices rising in August slightly faster than the central bank’s 2% goal, but on a downward trend that ...3 hours ago - Inflation -
The Hill - Politics
Harris, Trump separated by just 1 point in national survey
Vice President Harris and former President Trump are separated by just 1 point in a new national survey. The survey, conducted by CNN and SSRS, finds Harris earning 48 percent to Trump’s 47 percent ...5 hours ago - Donald Trump -
Yahoo Sports - Sports
Blackhawks Make First Cuts Including 2024 First-Round Pick Marek Vanacker
The Blackhawks have made their first cuts from training camp this year.5 hours ago -
VentureBeat - Tech
Intel launches Xeon 6 and Gaudi 3 AI chips to boost AI and HPC performance
Intel is launching new Xeon 6 processors with performance cores as well as Gaudi 3 AI accelerators to stay competitive in the AI wars.7 hours ago - Artificial Intelligence -
CBS News - Top stories
CEO of company of popular weight loss drugs to face Senate questions over high costs in U.S.
Senior investigative consumer correspondent Anna Werner looked into the high prices of weight loss drugs in the U.S. as research shows Americans pay far more for some of the popular drugs compared ...8 hours ago -
Financial Times - Business
Akzo Nobel to cut 2,000 jobs as high costs bite
Owner of Dulux paint seeks to ‘become more agile’ after shrinking workforce by roughly 5%13 hours ago -
The Wall Street Journal - World
China Tries to Jolt Ailing Economy
China’s central bank announced an unusually broad package that signals growing unease in Beijing after a run of downbeat numbers on jobs, spending and inflation.13 hours ago - China -
Politico - Politics
Hogan allies make big move in Maryland Senate race
Yesterday -
The Hill - Politics
Novo CEO to blame drug middlemen
Presented by Prevent Cancer Foundation — The CEO of Novo Nordisk will testify in the Senate HELP Committee tomorrow about the cost of popular diabetes and weight loss drugs Ozempic and Wegovy. ...Yesterday -
Financial Times - Business
One way or another, Intel is for sale
Tech group wants to remain both a cutting-edge designer and manufacturer of chipsYesterday -
Financial Times - Business
What are Rachel Reeves’s options for boosting public investment?
Chancellor appears to be rethinking government’s fiscal approach to create more room for spendingYesterday -
VentureBeat - Tech
Altera brings more AI to the edge and cloud with new programmable chips
Altera, a division of Intel that makes programmable chips, unveiled today a number of products that will bring more AI to the edge and the cloud.Yesterday -
CBS News - Top stories
How much would a $50,000 HELOC cost per month now that rates are cut?
A HELOC comes with a variable interest rate, which could help borrowers now that interest rates have been cut.Yesterday -
MarketWatch - Business
These industries are most likely to hire faster now that the Fed cut interest rates. Hint: tech isn’t on the list.
Some sectors are more likely to pick up hiring as borrowing costs fall. Here’s what that could look like.Yesterday - Federal Reserve -
Financial Times - Business
CMA CGM to pursue further acquisitions after Brazilian port operator deal
French shipping group’s chief shrugs off threat of higher taxes on big companies in home marketYesterday - Brazil -
Yahoo Sports - Sports
Emma Raducanu withdraws with injury from China Open in further fitness blow
Emma Raducanu will be on the sidelines again this week after announcing she is pulling out of the upcoming WTA 1000 event in Beijing.Yesterday - China -
CNBC - Business
Battery giant Northvolt to cut 25% of workforce in Sweden as part of a major cost-cutting drive
Battery maker Northvolt on Monday announced plans to cut a total of 1,600 jobs in Sweden as part of a major cost-cutting drive.Yesterday -
The New York Times - Business
Intel’s Chips Are on the Table
Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep an eye on any deal in such a strategically important sector.Yesterday -
CNBC - Business
TSMC and Samsung in talks with UAE to build chip megafactories, WSJ reports
Discussions are still in the early stages, according to the outlet.Yesterday -
Financial Times - Business
‘Mobile phone on wheels’: Toyota and VW fall further behind in the software race
Legacy carmakers have struggled to keep pace as the focus has turned from the engine to computing powerYesterday -
MarketWatch - Business
TSMC, Samsung reportedly consider building huge chip factories in UAE
Chip-making titans Taiwan Semiconductor Manufacturing Co. and Samsung Electronics Co. are considering building major factories in the United Arab Emirates to help fill future demand for ...Yesterday -
MarketWatch - Business
Apollo reportedly offers Intel a multibillion-dollar investment
Apollo Global Management Inc. has offered to make an investment in Intel Corp. of as much as $5 billion, Bloomberg News reported Sunday.Yesterday -
The Hill - Politics
The hidden costs of our dietary guidelines
The Dietary Guidelines Advisory Committee has been found to lack scientific rigor and transparency, leading to guidelines that drive chronic diseases in America, and the proposed farm bill reforms ...2 days ago -
Yahoo Sports - Sports
Bears lose 21–16 to Colts, haunted by Hail Mary before halftime coming up 1 yard short
The Chicago Bears missed two opportunities to tie their Week 3 matchup with the Indianapolis Colts before halftime in an eventual 21–16 defeat.2 days ago - NFL -
The Wall Street Journal - Tech
Chip Giants TSMC and Samsung Discuss Building Middle Eastern Megafactories
Potential projects in the United Arab Emirates could be worth more than $100 billion, though major hurdles remain.2 days ago -
CNBC - Business
Estate planning can be difficult. Surprises in a will can complicate things further
Handling a deceased parent's estate can be complicated if there are surprises such as an uneven split of assets among children or a previously unknown heir.2 days ago -
Inc. - Business
Qualcomm Exploring Potential Intel Acquisition
Conversations between the two companies are still in their early days.3 days ago -
Financial Times - Business
Qualcomm has approached Intel about takeover bid
No formal offer made but deal could become biggest tech acquisition in history3 days ago -
The Guardian - World
Mother of Georgia teen from school shooting indicted in separate incident
Marcee Gray, 43, charged with exploiting an elderly person in Ben Hill county, 200 miles from Apalachee high school. The mother of a Georgia teenager charged with fatally shooting four people at ...3 days ago -
The New York Times - Tech
Qualcomm Asked Rival Intel if It Would Consider Sale
While Intel has struggled in recent years, other chipmakers are thriving because of a boom in demand.3 days ago -
The Wall Street Journal - Tech
How Intel Fell From Global Chip Champion to Takeover Target
Strategic missteps and the artificial intelligence boom have combined to reshape the fortunes of the U.S.’s most storied semiconductor company.3 days ago -
MarketWatch - Business
Intel’s stock seals strong week. But would a Qualcomm merger make sense?
One fund manager sees “more cons than pros” if the companies were to combine, after the Wall Street Journal reported that Qualcomm approached Intel about a possible deal.3 days ago -
CNBC - Business
Qualcomm recently approached Intel about a possible takeover
If Qualcomm were to acquire Intel, it would be one of the largest technology deals on record, but would first invite hefty regulatory scrutiny.4 days ago -
CBS News - Top stories
"Doomsday Glacier" set to retreat "further and faster," scientists warn
Scientists from the International Thwaites Glacier Collaboration warn of a "grim outlook" for the Thwaites Glacier, also known as the "Doomsday Glacier."4 days ago -
CBS News - Top stories
Will mortgage interest rates fall further in September?
Mortgage interest rates plunged to a 2-year low this week. But will they drop even further this month?4 days ago - Mortgage -
ABC News - World
Militants in Pakistan kill 9 troops in separate attacks in the northwest
Pakistani security officials say nine troops have died in separate militant attacks4 days ago - Pakistan -
CNBC - Business
64% of U.S. retirement savers make this 'dangerous' assumption—'avoid it at all costs,' says CFP
The majority of Americans aren't planning for more than 20 years of retirement. Things could get ugly if they live longer or leave work sooner than expected.4 days ago -
Yahoo Sports - Sports
Kings Forwards Separated After Heated Battle
Tanner Jeannot and Warren Foegele had to be separated after heated battle on day one of training camp4 days ago -
MarketWatch - Business
The Fed spurred a big rally in Nvidia and other chip stocks. Is it sustainable?
Fed commentary could give a further shot in the arm to AI names that have been market leaders, but the broader semiconductor sector still faces challenges and skepticism.4 days ago