Boeing furloughs thousands as no progress made to resolve strike
Boeing said on Wednesday it will temporarily furlough tens of thousands of employees after about 30,000 machinists went on strike…
Stocks Waver in Face of Debate on Size of Fed Cut: Markets Wrap
Stocks struggled for direction as a watchful tone spread across global markets before the Federal Reserve’s interest-rate decision. Traders are…
Intel Confirms $3 Billion Pentagon Chips Grant; Shares Gain
Intel Corp. said on Monday that it’s eligible to receive as much as $3 billion in US government funding to…
China’s Lenovo to make AI servers in India, opens new AI-centric lab
China’s Lenovo Group will start making artificial intelligence (AI) servers at its plant in southern India and opened an AI…
Boeing freezes hiring and executives first-class travel as massive strike continues
With a massive ongoing strike, Boeing Hiring Freeze is making some temporary cutbacks that could hit non-union staff hard. Boeing…
Russia’s oil revenue has plunged as global crude prices tumble
Russia’s oil revenue has plummeted as global crude prices fall. Oil sales dropped to $1.44 billion in the week ending…
Gold Climbs to Another Record With Fed Rate Cut Expected in Days
Gold rose to a record as markets waited for the Federal Reserve to begin easing monetary policy for the first…
Bitcoin Slips at Start of Key Week for Markets Awaiting Fed Rate Cut
Bitcoin retreated ahead of a widely expected interest-rate reduction by the Federal Reserve, a looming policy change due later this…
Intel cleared to get $3.5 billion to make advanced chips for Pentagon
Intel has secured up to $3.5 billion in federal grants to produce chips for the Pentagon under the Secure Enclave…
Oil Steadies as Falling Libyan Exports Offset Weak Chinese Data
Oil steadied after its first weekly gain in a month as a drop in Libyan exports was offset by signs…