TSMC to suspend production of advanced AI chips for China from Monday
Taiwan Semiconductor Manufacturing Co (TSMC) has notified Chinese chip design companies that it is suspending production of their most advanced…
SpaceX to launch Starship for the sixth time this month
SpaceX will conduct the sixth flight test of Starship, the largest rocket ever built, as soon as November 18, following…
After SpaceX’s requests, Taiwanese suppliers move manufacturing abroad
Elon Musk’s SpaceX asked Taiwanese suppliers to transfer manufacturing off the island, leading to some relocating portions of their supply…
Currencies jumpy, stocks stable with all eyes on US election
Stocks were steady on Tuesday but implied volatility ratcheted up in currency markets in an early indication of the market…
Banks and the federal government point fingers as Americans lose billions to online scams
The American Bankers Association is urging federal action on online financial fraud. Banks are facing increased liability for scams, with…
Boeing Bankers Grab Up to $300 Million in Capital Raise Fees
Boeing Co.’s $20 billion-plus capital raise delivered four banks a hefty payday just as equity market issuance began to cool…
Starbucks Is Working on Algorithm to Solve To-Go Coffee Chaos
Starbucks Corp. new Chief Executive Officer Brian Niccol is seeking to end the mosh pit that forms at stores when…
Boeing union endorses sweetened contract deal after nearly 7 weeks on strike
Boeing union workers have been on strike for nearly 7 weeks due to a dispute on wage increases. The planemaker…
US Oil Production Hits Another Record, Adding to Supply Worries
US oil production jumped to a fresh monthly record of 13.4 million barrels a day in August, in what is…
Chinese chipmaker’s new 7nm CPUs reportedly outperform Intel’s Raptor Lake — Loongson adopts “tock-tock-tick” strategy to close the gap with Intel
Chinese CPU manufacturer Loongson is purportedly closing the gap quickly to Western CPU manufacturers regarding raw performance. Fast Technology reports…