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Embattled Intel CEO Lip-Bu Tan pushed back on “misinformation” over his alleged financial ties to China after President Trump called on him to resign over a potential conflict of interest. “I want to be absolutely clear: Over 40+ years in the industry, I’ve built relationships around the world and across our diverse ecosystem – and […]
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker’s CEO to resign immediately. In a Truth Social post, Trump said Intel Chief Executive Lip-Bu Tan “is […]
Mike DeWine, the governor of Ohio, has urged the Casino Control Commission to prohibit prop bets, removing them from the legal list of bets that can be placed under the state’s contractual rules for operators. The Governor’s request follows the scandal involving Guardian pitchers, Luis Ortiz and Emmanuel Clase, who have been sent on paid […]
The United States should stockpile guns, ammunition and drones instead of bitcoin, JPMorgan Chase CEO Jamie Dimon said Friday at the inaugural Reagan National Economic Forum in California. “We shouldn’t be stockpiling bitcoins,” Dimon said when asked about how industrial policy is entwined with national security policies during a panel. “We should stockpiling guns, bullets, tanks, planes, drones, you […]
Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images DNA testing has become a valuable tool for hobbyists and novice genealogists. For some, learning they are the 10th cousin of Paul Revere or the 15th great nephew four times removed of the last […]
JPMorgan Chase CEO Jamie Dimon on Monday said the U.S. government is inefficient and in need of work as the Trump administration terminates thousands of federal employees and works to dismantle agencies including the Consumer Financial Protection Bureau. Dimon was asked by CNBC’s Leslie Picker whether he supported efforts by Elon Musk’s advisory body, the […]
The Federal Reserve on Wednesday kept interest rates unchanged after its first meeting of the year – ignoring President Trump’s calls for rates to “drop immediately.” “The Committee judges that the risks to achieving its employment and inflation goals are roughly in balance. The economic outlook is uncertain, and the Committee is attentive to the […]
Billionaire Bill Gates admitted that he’s “cheerful now” but revealed that his divorce from Melinda French Gates after 27 years of marriage is “the mistake I regret the most.” “The divorce thing was miserable for me and Melinda for at least two years,” Bill told The Times of London on Saturday. The Microsoft co-founder had […]
CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used car retailer’s recent turnaround is a “mirage” that’s being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s practice of loan sales as well as the business relationship […]
