Intel awarded up to $3 billion under CHIPS Act

Intel awarded up to  billion under CHIPS Act

Intel CEO Pat Gelsinger delivers a speech at Taipei Nangang Exhibition Center during Computex 2024, in Taipei on June 4, 2024.  I-Hwa Cheng | AFP | Getty Images The Biden administration on Monday awarded Intel up to an additional $3 billion under the CHIPS and Science Act for the “Secure Enclave” program, which is designed … Read more

Urgent call out to find mystery South Australian millionaire: ‘Time is running out’

Urgent call out to find mystery South Australian millionaire: ‘Time is running out’

Officials are urgently hunting a mystery millionaire after warning they have less than two weeks left to claim their winnings. The call-out is to the South Australian resident or visitor who has one of the winning $1 million Monday and Wednesday X Lotto tickets drawn on Wednesday 27 September 2023. WATCH THE VIDEO ABOVE: Time … Read more

Tesla Cybertruck Is Kicking Every EV Truck’s Ass In Sales

Tesla Cybertruck Is Kicking Every EV Truck’s Ass In Sales

Say what you will about the Tesla Cybertruck and the people who drive it, but folks who want an electric pickup truck are choosing it over the competition at an astonishing rate. Granted, it’s a very small sliver of the overall car market, but back in July Cybertruck sales pretty much equaled the sales of … Read more

Car Loans Pass Student Loans To Become Largest Debt Other Than A Mortgage

Car Loans Pass Student Loans To Become Largest Debt Other Than A Mortgage

Photo: Justin Sullivan / Staff (Getty Images) With an average transaction price of nearly $50,000, it’s no secret that new cars are basically just for rich people now. You can’t even buy a single new car for less than $20,000. If wages had kept up with the rising cost of a new car, that wouldn’t … Read more

Tapestry-Capri antitrust trial: Michael Kors testifies

Tapestry-Capri antitrust trial: Michael Kors testifies

NEW YORK CITY — In a federal courtroom on Monday, storied fashion designer Michael Kors spoke about the steep challenge of staying relevant in a world where brands can rise and fall based on viral TikTok videos and photos of handbags on the arms of celebrities such as Taylor Swift and Beyoncé. Kors kicked off … Read more

Control of the Murdoch media empire could be at stake in a closed-door hearing in Nevada

Control of the Murdoch media empire could be at stake in a closed-door hearing in Nevada

RENO, Nev. — A probate court in Nevada is set to begin reviewing evidence behind closed doors in a case that could determine who will control Rupert Murdoch’s media empire after his death. Murdoch, 93, arrived at court Monday for the hearing. Last year, he moved to change the terms of his irrevocable family trust … Read more

UAW union filed unfair labor charges against Stellantis

UAW union filed unfair labor charges against Stellantis

United Automobile Workers (UAW) President Shawn Fain speaks on the first day of the Democratic National Convention (DNC) at the United Center in Chicago, Illinois, on August 19, 2024.  Mandel Ngan | AFP | Getty Images DETROIT — The United Auto Workers union on Monday said it had filed federal unfair labor practice charges against … Read more

Apple releases iOS 18 for iPhones, without Apple Intelligence

Apple releases iOS 18 for iPhones, without Apple Intelligence

Apple CEO Tim Cook shows a peace sign as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, on Sept. 9, 2024. Manuel Orbegozo | Reuters Apple on Monday released iOS 18, the latest version of its software for iPhones. This is Apple’s biggest iPhone update of the year, … Read more

Charter rolls out new Spectrum pricing, internet speeds

Charter rolls out new Spectrum pricing, internet speeds

Christopher L. Winfrey, CEO of Charter Communications. Courtesy: Charter Communications Charter Communications CEO Chris Winfrey said he wants customers to think of reliability and credibility when they think of their cable and broadband provider. The cable giant told CNBC it is unveiling a series of changes Monday to bolster that goal, including rolling out new … Read more

Boeing freezes hiring in sweeping cost cuts as it grapples with strike

Boeing freezes hiring in sweeping cost cuts as it grapples with strike

Workers with picket signs outside the Boeing Co. manufacturing facility during a strike in Everett, Washington, US, on Friday, Sept. 13, 2024.  M. Scott Brauer | Bloomberg | Getty Images Boeing announced sweeping cost cuts on Monday, including a hiring freeze, a pause on nonessential staff travel and a reduction on supplier spending to preserve … Read more