By Arsheeya Bajwa, Stephen Nellis and Max A. Cherney
(Reuters) -Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue "no more blank checks."
The job cuts - a majority of which have been completed already - are part of an effort by Tan since he took the helm in March to... (continue reading...)
User Reports Indicate Problems At Starlink: Downdetector
By David Shepardson
OSHKOSH, Wisconsin (Reuters) -The head of the Federal Aviation Administration said Boeing has not yet asked the agency to remove a 38-plane per month cap on 737 MAX production and will review the planemaker's supply chain before making any decision.
The FAA imposed the production cap shortly after a January 2024 mid-air emergency involving a new Alaska Airlines 737 MAX 9 missing four key bolts.
"We're going... (continue reading...)
Investing.com-- Global equities have surged in recent months, but Oxford Economics is hitting the brakes, warning that the market has rallied "too far, too fast" and that investors are underestimating the economic risks building from new tariffs and slower-than-expected Fed rate cuts.
"There is growing complacency over the economic impact of tariffs, but we think the negative effects will become clearer in the coming weeks," Oxford Economics said in their latest... (continue reading...)
Trump: Getting ready to head over to the Fed to look at their, now, $3.1 Billion Dollar (PLUS!) construction project. Also present will be Fed Chair Jerome Powell, Senator Tim Scott, Senator Thom Tillis, OMB Director Russ Vought, Chairman of Fannie Mae and Freddie Mac, Bill Pulte, my Appointees to the National Capital Planning Commission, James Blair and Will Scharf, and various other construction professionals.
More General News
View Older Stories-
White House: Trump To Sign Order Pushing Cities And States To Remove Homeless People From Streets - Reuters
-
FAA sees no mechanical issue with 787 Boeing fuel control unit after Air India crash
-
Chevron to resume oil operations in Venezuela under Trump administration - WSJ
-
A surge in Bitcoin treasury firms is eroding first mover scarcity premium: Mizuho
-
Accelerant shares surge over 30% in public debut after $724 million IPO
-
All eyes on CSX as Union Pacific and Norfolk Southern confirm talks
-
OpenAI prepares August launch for GPT-5, The Verge reports
-
Hulk Hogan, who helped turn pro wrestling into billion-dollar spectacle, dies at 71
-
Piper Sandler downgrades Chubb as rising competition weighs on margins
-
LVMH's Arnault plans new Texas factory, as company awaits US-EU trade deal
-
ECB policymakers face uphill battle for further rate cuts - Bloomberg
-
UnitedHealth stock falls after DOJ investigation disclosure
-
Google’s results will continue to spur the AI arms race: Wolfe Research
-
Canada’s retail sector suffers May pullback amid auto weakness, trade strains
-
UnitedHealth complies with DOJ criminal, civil requests, filing shows
-
Nvidia AI chips worth $1 billion entered China despite US curbs, FT reports
-
EUR is emerging as the next strongest safe haven: HSBC
-
Motorola Solutions unveils new features to boost transparency in public safety tech
-
Zelenskiy introduces bill to 'uphold independence' of Ukraine's anti-graft bodies
-
Exclusive-Rio Tinto weighs sale of titanium business, sources say
-
Ukraine's central bank holds key rate steady, says war risks will curb 2025 growth
-
American Airlines forecasts wide range due to economic uncertainty
-
Southwest Airlines earnings hit by weak US travel demand
-
Chipotle cuts annual sales target as dining out slows; shares drop
-
US attorney general told Trump that his name is among many in the Epstein files, WSJ reports
-
Paramount+ wins'South Park' library and new episodes after prolonged negotiations
-
Moncler revenue edges higher amid a deceleration in tourist flows
-
Needham ups price targets on Bitcoin mining stocks
-
EU and US near trade deal with 15% tariffs - FT
-
White House unveils artificial intelligence policy plan
-
AT&T results: Here’s the read-through for Apple
-
Unity share improvement overstates fundamental benefit of ad model upgrade: BTIG
-
Fiserv trims annual revenue forecast as Clover growth slows down, shares slide
-
GE Vernova raises annual forecasts, beats second-quarter profit estimates
-
GoPro (GPRO) Shares Surge 50pct, Trading $2 Handle
-
EU heading towards 15% tariff deal with US, EU diplomats say
-
Comedians support CBS 'Late Show' host Colbert, Jon Stewart rips Paramount
-
Constellation Energy and Vistra stocks surge after PJM capacity auction results
-
Zelenskiy Signs Bill To Rein In Ukraine's Anti-graft Agencies - Bloomberg
-
Texas Instruments slumps as tariff uncertainty hits demand
-
PNC taps Coinbase to create crypto trading offering for bank customers
-
Obama reiterates conclusion of attempted Russian interference in 2016 election
-
SpaceX warns investors Elon Musk could return to US politics, Bloomberg reports
-
Trump says he received $16 million payment after Paramount lawsuit settlement
-
Seaport downgrades MGM, lifts Macau casino forecasts as Las Vegas outlook weakens
-
Ozzy Osbourne, Black Sabbath's bat-biting frontman, dies aged 76
-
Blue Orca Capital takes short position in Nutex Health
-
Tesla's California sales down for seven straight quarters
-
Musk's xAI to raise up to $12 billion in debt for AI expansion, WSJ reports
-
Trump criticizes Fed Chair Powell, says he’ll be out in eight months
