In an all-hands, Intel CEO addresses employee concerns about the US election and CHIPS Act funding
Intel CEO Pat Gelsinger. Intel CEO Pat Gelsinger addressed an employee-submitted question about whether the upcoming US election would affect Intel’s CHIPS and Science Act funding at an all-hands meeting on Friday. The US Commerce Department has awarded Intel, the largest recipient of the Act, $8.5 billion in grants and $11 billion in loans. The…
I’m running my first marathon. A sports dietitian helped me put together the perfect meal plan.
When you’re prepping for a marathon, you want to swap side-salads for simple carbs. The week before a marathon, runners are supposed to run fewer miles while carbo-loading — eating a lot of carbohydrates to store up energy for the big day. This is something I’ve been looking forward to as I prepare to run…
Why Nvidia replacing Intel in the Dow Jones Industrial Average matters
Nvidia stock is set to replace Intel in the Dow Jones Industrial Average, which will shake up the broader AI ecosystem. Nvidia will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said in a statement on Friday, in a move that underscores the growing lead the chipmaker has over other tech…
A 14-year-old took home $10,000 for his award-winning investigation into train derailments. Here’s what he found.
Gary Allen Montelongo shows off one of his railroad tracks. Toy trains can be a hobby, or they can be an award-winning science experiment. Gary Allen Montelongo, age 14, just won $10,000 for coding, building mini railroad tracks, and running a model train on them to investigate an infrastructure weakness that can cause trains to…
A Nevada mayor is battling one of the worst housing shortages in the US. Her solution: looser construction regulation.
The mayor of Reno, Nevada, argues that the single best thing city leaders can do to help solve one of the country’s worst housing shortages is to loosen regulations on housing construction. In recent years, Mayor Hillary Schieve has launched a multi-pronged approach to do just that. “Sometimes government needs to get out of the…
The election’s X factorTwitter and TikTok users’ election projections are completely warped. Here’s why.
If you open X or TikTok right now, you might be convinced that Vice President Kamala Harris is going to win the presidential election in a landslide. Donald Trump’s lead is disappearing, even in red states, people say, pointing to fringe polls and purported quotes from campaign insiders. Florida and Texas are turning blue. More…
Fast food chains are locked in a ‘value war’ for US customers
“Consumers have become more discerning,” Moody’s Ratings analyst Michael Zuccaro said in a note. “Value perception is a key driver.” It’s an especially challenging time in the fast food business. As a flurry of summer deals come to an end, quick-serve chains say they’re now locked in a “value war” to win increasingly choosy US…
‘The reversion will eventually come’: A chief strategist says Goldman Sachs and JPMorgan are right to warn of weak returns for the S&P 500 over the next decade
Much has been said about the gloomy outlook for the S&P 500 that some of Wall Street’s largest investment banks conveyed in recent weeks. Goldman Sachs said in October that the S&P 500 would return 3% annually, on average, over the next 10 years, underperforming current 10-year Treasury yields. JPMorgan said in September it sees…
I’m a New Yorker who visited Jackson Hole for the first time. 8 things surprised me.
B-17’s reporter visited Jackson Hole, Wyoming, for the first time and encountered a few surprises. I grew up in the tri-state area, spent some years in Texas, and then moved back to the East Coast to start my life in New York City. That was more than five years ago, and If I’ve learned anything…
