Penn State Official to Lead R&D Arm of $52 Billion US Chips Push
The Biden administration is tapping an official from Pennsylvania State University to head its new semiconductor research and
2023-06-06 17:22
Japan Renews Chip Plan, Confirms Sales Goal of $108 Billion
The Japanese government revamped its chip strategy with a goal of tripling sales of domestically produced semiconductors to
2023-06-06 14:49
Intel to Raise About $1.5 Billion in Sale of Part of Mobileye
Intel Corp., the largest US chipmaker by revenue, will sell part of its holdings in Mobileye Global Inc.,
2023-06-06 06:47
Markets may be overly optimistic about the Fed
The past month's economic data has highlighted the persistent, sticky nature of inflation and the resilient strength of the labor market in the United States.
2023-06-05 20:26
Opec: What is it and what is happening to oil prices?
Saudi Arabia is cutting output by one million barrels a day, and Opec+ is keeping past cuts in place
2023-06-05 18:55
Airlines expect to make $10 billion this year despite economic slowdown
Global airlines should make nearly $10 billion in profit this year as business bounces back from the pandemic, according to a new forecast from the International Air Transport Association (IATA).
2023-06-05 18:17
Directors Guild of America reaches tentative deal as writers strike goes on
The Directors Guild of America reached a "historic" tentative deal for wages, works hours, residuals and even artificial intelligence Saturday night as the writer's strike continues.
2023-06-05 01:16
GOP Lawmakers Ramp Up Calls to Counter China Over Micron Ban
Two key Republican lawmakers are pressing the Biden administration to counter Beijing’s ban of US chipmaker Micron Technology
2023-06-03 23:26
Three chemical giants agree to pay more than $1 billion to settle 'forever chemical' claims
The companies Chemours, DuPont and Corteva announced on Friday they have agreed to pay more than $1 billion to settle claims that "forever chemicals" contaminated public US water systems.
2023-06-03 23:19
3M reaches tentative $10 billion pollution settlement with US cities -Bloomberg News
By Clark Mindock and Brendan Pierson 3M Co has struck a tentative settlement of at least $10 billion
2023-06-03 03:47
Childhood Leukemia Foundation sues US FTC to stop deception probe
WASHINGTON The Childhood Leukemia Foundation (CLF) filed a lawsuit against the U.S. Federal Trade Commission (FTC) on Friday,
2023-06-03 03:20
Outsized US job gains may mask signs of weakness
By Howard Schneider WASHINGTON The gain of 339,000 U.S. payroll jobs in May was a blockbuster number, nearly
2023-06-03 01:59