By Stephen Nellis and Munsif Vengattil (Reuters) – Intel Corp said Thursday that its new 7-nanometer chip technology was delayed six months and that it would consider devoting more work to external semiconductor foundries, eroding the fundamental principle that manufacturing is key to its success. Intel shares fell 9%. Setbacks …
Read More »Gold rallies in line between the United States and China, Apple news closes shares
NEW YORK (Reuters) – The dollar fell to a nearly two-year low and gold rose further on Thursday when a global equity indicator fell back amid concerns over a possible investigation by Apple Inc, which left the high-flying technology. sector. FILE PHOTO: A near-empty trading floor is seen as preparations …
Read More »China orders the United States to close the consulate in Chengdu, retaliating for Houston
BEIJING – In retaliation for the Trump administration’s order to close the Chinese consulate in Houston, China announced on Friday that it had ordered the United States to close its consulate in the city of Chengdu, in southwest China. The eye-for-eye consulate closings were another twist in the deteriorating relations …
Read More »Delta Air Lines permanently bans dozens of fliers for refusing to wear masks
Delta Air Lines, which now provides around 70% of departures from Salt Lake City International Airport, takes the need for masks on its flights seriously. “We have already banned 120 future passengers from traveling with Delta for refusing to wear masks on board,” Delta CEO Ed Bastian wrote to company …
Read More »Apple reportedly delays launch of new iPhone 5G until October
An Apple store in Sydney, Australia. Bloomberg news Apple is reportedly delaying a fall launch event for its next batch of iPhones until the “second half of October.” The tech giant was forced to delay its traditional September opening speech due to production delays caused by the coronavirus, according to …
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