In this article INTC Intel stock closed down 8% on Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines. Intel’s revenue declined 22% year over year and missed consensus by 14%, the company’s largest top-line disappointment since 1999, according to Refinitiv data. It ended the quarter
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Former Tory leadership contender Tom Tugendhat has endorsed Liz Truss in the race to be prime minister, in a huge blow to Rishi Sunak. Writing in The Times, Mr Tugendhat said that the foreign secretary’s promises of tax cuts are based on “true Conservative principles” and that she can unite the party. He said: “Liz
Spain has reported Europe’s first monkeypox-related death of the current outbreak – and the second outside of Africa. The country’s health ministry confirmed the death on Friday, but did not release further details about the person. Brazil reported the first monkeypox-related death outside the African continent in the current outbreak, earlier on Friday. In its
Will Smith has apologised to Chris Rock over his infamous Oscars slap – in his first in-person statement about the incident. In a reel released on his Instagram account, the actor said he had been “doing a lot of thinking and personal work” since the Oscars and was “trying not to think of myself as
At least 23 people, including six children, have been killed after flash flooding in Kentucky following a series of storms. Torrential rains have devastated the area, with its governor Andy Beshear declaring a state of emergency in six counties. Trapped homeowners have been forced to swim to safety and others were rescued by boat as
A nine-year-old girl stabbed to death in Lincolnshire has been named by police as Lilia Valutyte. The girl, a Lithuanian national, was found dead in Fountain Lane in Boston at about 6.20pm yesterday. Two people have been arrested as part of a murder investigation, following what police are calling the “isolated incident”. Lincolnshire Police Chief
Elon Musk noted that he believes inflation might finally be trending down based on Tesla commodity prices. The CEO has previously said that he would be waiting for that to start reducing the prices of Tesla vehicles. Over the last few years, the inflation rate has been hitting record highs that we haven’t seen in
In this article XOM A floorhand operates a Chevron oil drilling rig near Taft, California. Chip Chipman | Bloomberg | Getty Images Exxon and Chevron posted record profits during the second quarter of 2022 as high commodity prices boost operations, and as the oil giants keep their spending in check. Chevron reported earnings of $11.62
The “origin of life” is a subject that scientists have invested an unparalleled amount of time and resources in to understand it better. How life emerged from non-living molecules continues to be a much-debated topic. But now, scientists at Scripps Research may have found something to shed light on the subject. Scientists have discovered a
With so much fog surrounding the prospects for the UK economy, results statements from the country’s main commercial banks this week were an ideal opportunity to make sense of things, as the big lenders tend to have a good idea of what is happening on the ground. The overall picture painted – and this is
7:00 AM ET Georgia’s 2021 national title was obviously a victory for Bulldog fans around the country, but it was also a victory for fans of defense. The prior two national champions in college football — LSU in 2019, Alabama in 2020 — won primarily because of nearly perfect offensive systems. Both ranked first in
6:00 AM ET PHILADELPHIA — Trainer Anthony Tumbarello didn’t know if Philadelphia Eagles quarterback Gardner Minshew was serious at first when he told Tumbarello he wanted to live in a bus outside of Tumbarello’s gym in Bonita Springs, Florida, this offseason. But sure enough, on Feb. 20 following a few weeks of cross-country travel, Tumbarello
Rebekah Vardy has lost her Wagatha Christie libel trial against Coleen Rooney. In her judgment, Judge Justice Steyn said Rooney had succeeded in establishing that the essence of her social media post was “substantially true” – that’s to say Vardy was responsible for leaking her private information to the press. In her conclusion, she said:
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Marc Short, former chief of staff to former Vice President Mike Pence, fires back at Rep. Matt Gaetz (R-FL) over critical comments he made about Pence during a recent speech. #erinburnettoutfront #CNN #News
Ben Affleck will reprise his Batman role in the forthcoming Aquaman sequel, Jason Momoa has revealed. Affleck – who recently tied the knot with J-Lo 18 years after the couple called off their first wedding – officially stood down from his Bruce Wayne / Batman role in 2019. Momoa, who plays the lead role of
Credit card borrowing last month increased at the fastest annual rate since 2005, according to new figures from the Bank of England. At the same time, the amount of money being deposited into accounts plummeted, as concerns grow about the rapidly increasing cost of living. Consumer credit, which includes borrowing on credit cards, overdrafts, personal
The UK’s competition watchdog is investigating Asos, Boohoo and George at Asda over claims about the sustainability of their products. The Competition and Markets Authority said it would examine the eco-friendly and sustainability claims made by the three businesses about items including clothing, footwear and accessories. In January the CMA started to look at sustainability
The amount of time, effort, and money needed to train ever-more-complex neural network models are soaring as researchers push the limits of machine learning. Analogue deep learning, a new branch of artificial intelligence, promises faster computation with less energy consumption. The findings of the research were published in the journal ‘Science’. Programmable resistors are the
British Airways owner IAG has returned to quarterly profitability for the first time since the coronavirus pandemic, but blamed Heathrow for its current “operational challenges”. IAG chief executive Luis Gallego said the group’s best performing airlines were Iberia and Vueling, which were boosted by a recovery in the Spanish domestic market and routes to Latin