Category Archives: 24/7 Newsroom News

Nvidia to Invest $5 Billion in Struggling Rival Intel

Nvidia to Invest $5 Billion in Struggling Rival Intel

Nvidia announces a new partnership with Intel to work on custom data centers and personal computer products. Nvidia is also investing $5 billion in Intel’s common stock. The deal is subject to regulatory approvals. The deal comes a month after the U.S. government took a 10% stake in Intel. This agreement provides a lifeline for…MORE

Harvard Business School Graduate Arrested on Charges He Cheated Fellow Alums Out of Over $4 Million

Harvard Business School Graduate Arrested on Charges He Cheated Fellow Alums Out of Over $4 Million

NEW YORK (AP) — Federal authorities have arrested a Harvard Business School graduate on charges that he swindled fellow alumni of the prestigious school out of more than $4 million. U.S. Attorney Jay Clayton in Manhattan announced fraud charges Thursday against Vladimir Artamonov after he was arrested in Elkridge, Maryland. He said Artamonov promised low-risk…MORE

Federal Reserve Lowers Key Interest Rate One Quarter Percent

Federal Reserve Lowers Key Interest Rate One Quarter Percent

The Federal Reserve lowers it’s key interest rate by one quarter percent, the first rate lowering in 9 months time. Central bank officials have failed to lower the key prime lending interest rate since December, reviewing the economic health as President Donald Trump’s aggressive policies, including tariffs on most of the world’s nations…were rolled out,…MORE