Intel Delays Germany Poland Chip Factories for Two Years

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. - 6 days ago

Exclusive-Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources say

Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar ...

Sports - Yahoo Sports - October 18

Wolfspeed and ZF put German chip factory on ice

World - Yahoo News - October 23

Port of Los Angeles freight rail delays reach two-year high, with holiday and everyday items piling up

Record September imports at the Port of Los Angeles driven by the East Coast strike have led to two-year high cargo congestion at rail yards.

Business - CNBC - October 18

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

Germany urges rapid EU reform as Poland moves to suspend asylum right

World - Yahoo News - October 15

Arrests made in Germany and Poland for suspected right-wing extremism

World - Yahoo News - 3 days ago

Labour leaders vow to fight VW factory closure plans in Germany

World - Yahoo News - October 28

Samsung Sees Progress in Memory Chips for AI After Delays

The South Korean tech giant reported better-than-expected net profit but earnings in its core semiconductor business shrank sharply.

Tech - The Wall Street Journal - October 31

Thames Water lenders call for more backers for £1.5bn rescue cash – business live

Live, rolling coverage of business, economics and financial markets as UK water company races to secure new lifeline before December crunch. In Germany the manufacturing recession has been ...

World - The Guardian - 4 days ago

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

Germany’s chip ambitions hit after US tech group shelves plant plans

Chancellor Olaf Scholz’s industrial policy comes under attack following decision by Wolfspeed

World - Financial Times - October 23

UK-EU ‘reset’ talks delayed until next year

Negotiations expected to focus on post-Brexit fishing rights and electricity trading arrangements, which expire in 2026

Business - Financial Times - October 25

S&P 500 eyes another record close — plus, our 2 health-care stocks that defied the group

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - October 18

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions

Business - Financial Times - October 24

For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany

The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.

Top stories - The New York Times - October 28

Modern slavery backlog could be eradicated in two years, says government

Safeguarding minister Jess Phillips aims to clear a backlog of more than 23,000 cases.

The Saudi factories powered by women

A surge in female labour force participation has emerged as a bright spot for the kingdom

World - Financial Times - October 28

Letby gave baby overdose two years before murders

Lucy Letby was reportedly "unhappy" at being told she could no longer administer controlled drugs.

José Rubén Zamora Will Leave Prison After Nearly Two Years

The case against José Rubén Zamora became a sign of crumbling democracy in Guatemala and a symbol of threats against press freedom across Latin America.

World - The New York Times - October 20

How Newcastle’s Saudi takeover ripped the £8bn-a-year Premier League in two

Three years after Saudi Arabia bought Newcastle United FC, only now are the full seismic consequences hitting home for English football.

Sports - Yahoo Sports - October 20

Girl Scouts membership to more than double in cost over two years

Girl Scouts USA says charging steeper annual dues will avoid it having to slash programs and services.

Tua Tagovailoa Returns to N.F.L. Action After Three Concussions in Two Years

The quarterback’s third diagnosed concussion in two years prompted league-wide discussion about whether he should continue playing football.

Sports - The New York Times - October 25

Meta’s stock is up 500% in two years. Is it still a ‘set-it-and-forget-it’ play?

Meta reports earnings on Wednesday afternoon.

Business - MarketWatch - October 29

U.S. crude oil edges lower after worst day in two years

Goldman expects Brent prices to recover to $77 per barrel in the fourth quarter.

Business - CNBC - October 29

Euro zone growth hits two-year high of 0.4%, beating expectations

Economists polled by Reuters expected 0.2% growth following the bloc's 0.3% expansion in the second quarter.

Business - CNBC - October 30

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

Ozempic and Wegovy considered 'available' after more than 2 years in shortage

The diabetes and weight loss medications Ozempic and Wegovy are now considered to be available after more than two years of being considered in shortage by the Food and Drug Administration (FDA). ...

Politics - The Hill - October 30

Microsoft's stock has worst day in two years after disappointing forecast

Microsoft's stock fell more than 6% on Thursday after guidance fell short of analysts' estimates.

Business - CNBC - October 31

China's exports grew 12.7% in October, fastest pace in more than 2 years

China has reported its exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years

World - ABC News - Yesterday

24 Year Old Dealership Employee Crashes $2.5 Million Ferrari F40 in Germany

World - Yahoo News - October 20

Demi Moore confirms Bruce Willis 'is stable' in aphasia battle, two years after diagnosis

Demi Moore says ex-husband Bruce Willis 'is stable' amid his battle with aphasia. 'The disease is what the disease is,' she says at a film festival.

Entertainment - Los Angeles Times - October 14

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

Fed’s Daly open to skipping rate cut at one of two remaining meetings this year

San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy meetings this year.

Business - MarketWatch - October 15

Intel Delays Germany Poland Chip Factories for Two Years

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