The Wall Street Journal reported that Intel INTC is considering building a semiconductor foundry in the U.S. The move would be important in a post-pandemic world in which many companies will be more sensitive to the potential disruption of their supply …
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Cboe’s VIX index, commonly known as the stock market’s “fear gauge,” slid to its lowest point since February 26 on Monday. The metric measures S&P 500 volatility, and its new level suggests weeks of wild, virus-induced price swings have given way to …
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Steelmaker ArcelorMittal is seeking to raise $2bn as the company attempts to fortify its balance sheet and cut debt levels, just days after posting more than $1bn in first-quarter losses and suspending its dividend. The Luxembourg- …
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Almost all apparel retailers are struggling with lockdown restrictions, but those that were already struggling before have an extra tough road ahead of them — and that includes Gap Inc. In its latest attempt at a return to relevance, Gap is looking for growth …
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CLEVELAND, Ohio – The Greater Cleveland Regional Transit Authority reported Monday that three more of its employees have tested positive for COVID-19. Two of the employees are bus drivers that were operating in the Hayden District, which is on …
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