Yearly Archives: 2025

Intel Cuts Back Spending, Workforce As Struggling Chip Maker Mounts Comeback

Intel Cuts Back Spending, Workforce As Struggling Chip Maker Mounts Comeback

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker’s fortunes. In a memo to employees, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 “core” workers. That’s down from 99,500 employees at the end of last year, through layoffs and attrition.…MORE

Federal Regulators Approve Paramount’s $8 Billion Deal With Skydance, Capping Months Of Turmoil

Federal Regulators Approve Paramount’s $8 Billion Deal With Skydance, Capping Months Of Turmoil

NEW YORK (AP) — Federal regulators on Thursday approved Paramount’s $8 billion merger with Skydance, clearing the way to close a deal that combined Hollywood glitz with political intrigue. The stamp of approval from the Federal Communications Commission comes after months of turmoil revolving around President Donald Trump’s legal battle with “60 Minutes,” the crown…MORE

UnitedHealth Says It Is Under A Federal Investigation And Cooperating

UnitedHealth Says It Is Under A Federal Investigation And Cooperating

UnitedHealth Group says it is cooperating with federal criminal and civil investigations involving its market-leading Medicare business. The health care giant said Thursday that it had contacted the Department of Justice after reviewing media reports about investigations into certain elements of its business. The Wall Street Journal has been reporting that federal officials had launched…MORE

Fed Chair Tells Trump He Has His Facts Wrong On Central Bank’s Renovation Costs

Fed Chair Tells Trump He Has His Facts Wrong On Central Bank’s Renovation Costs

WASHINGTON (AP) — As president, Donald Trump doesn’t get a lot of pushback, but he got some Thursday from Federal Reserve Chairman Jerome Powell about the renovation costs of the Fed’s headquarters. Standing in the plywood-sheathed building, Trump claimed the project was over budget at $3.1 billion. Powell disagreed, saying Trump’s number was including a…MORE

Frisco ISD Notifies Parents of Subpoenas In Student Murder Case

Frisco ISD Notifies Parents of Subpoenas In Student Murder Case

Frisco ISD confirms it received subpoenas for student records in a murder case that stems from an April track meet. Author: Jobin Panicker Published: 11:16 PM CDT July 24, 2025 Updated: 11:18 PM CDT July 24, 2025 FROM MEDIA PARTNER WFAA NEWS 8 FRISCO, Texas — A Frisco ISD spokesperson has confirmed to WFAA that the school district…MORE