Industry
Intel Discloses $7 Billion Operating Loss in Foundry Business; Company Shares Plummet
Despite generating $18.9 billion in sales, Intel's foundry business experienced a widening operating loss compared to the $5.2 billion loss in 2022.
US Job Openings Edge Up in February Despite Labor Market Easing
US job openings edged up in February, signaling labor market resilience amidst easing. The finance sector saw gains, layoffs rose.
Royal Mail Appoints London Airport Executive Emma Gilthorpe; Major Company Transformation Expected by Employees
Royal Mail appoints Emma Gilthorpe, COO at Heathrow Airport, as CEO to improve its financial situation amidst ongoing challenges and a lawsuit from Parcelforce delivery drivers.
Cocoa Prices Surge After Supply Shortage Due to Dry Weather in West Africa
Cocoa prices are going way up after experts pressed that it's not raining enough in West Africa where cocoa grows, making it hard for farmers to grow cocoa.
Latest News
Google will destroy billions of user browsing data to resolve a lawsuit alleging that Chrome's "incognito" mode monitored users despite privacy assurances.
Microsoft and OpenAI are collaborating on an ambitious project to establish a new cutting-edge data center and an AI supercomputer called "Stargate."
Mmost of the layoffs are projected to affect Citigroup's primary banking unit Citibank, impacting a total of 363 individuals within the unit.
Dana Walden is a top contender for the Disney CEO role, potentially making history as the first woman in the position, but former executives are not sold on her experience.
The Chinese government has slammed the US for tightening regulations about semiconductor exports, claiming they have created trade barriers and heightened uncertainty in the chip industry.
Maryland Gov. Wes Moore calls Baltimore bridge collapse a "national economic catastrophe" as a critical transportation route for certain commodities remains clogged.
Elon Musk examined the probability of AI posing a threat to humanity. However, he remains convinced that the potential benefits outweigh the potential dangers.
Denis Kurlyand and Juliya Fulman, the rightful owners of the New York apartment under dispute, are in a legal battle as squatters claim rights to the property they allegedly broke into without a lease.
Samsung plans to integrate generative artificial intelligence (AI) technology into its voice assistant Bixby.
Critics slammed Frasers Group for appointing David Al-Mudallal, the boyfriend of Mike Ashley's youngest daughter, to its board of directors due to potential conflicts of interest.