Microchip Tech: Fiscal 2Q Earnings Snapshot

Microchip Tech: Fiscal 2Q Earnings Snapshot

CHANDLER, Ariz. (AP) _ Microchip Technology Inc. (MCHP) on Thursday reported fiscal second-quarter net income of $73.6 million. The Chandler, Arizona-based company said it had profit of 27 cents per share. Earnings, adjusted for one-time gains and …
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Keewatin Taconite plans to restart plant, bring back workers

KEEWATIN, Minn. (AP) — U.S. Steel plans to bring back hundreds of workers at the Keewatin Taconite plant in northern Minnesota that was shut down in May due to a drop in demand for iron and steel during the coronavirus pandemic, officials said Thursday.
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Bentley is making the shift to an all-electric lineup

Bentley Motors, the ultra luxury automaker under VW Group, will only produce plug-in hybrid and all-electric cars starting in 2026 with an aim to drop all combustion engines in the next decade. The company said Thursday its entire lineup will be all-electric by …
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With Occupancy at 74%, Brookdale Execs Focus on Rate Discipline, Long-Term Demand

Leaders with Brookdale Senior Living (NYSE: BKD) are touting recent moves to improve operational and financial footing and are keeping a long-term focus, even as the company’s occupancy rate has continued to slump amid ongoing Covid-19 pressure.
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Discount Diva: 5 Reasons stores are desperate to kickstart Black Friday early this year

Retailers are holding their Black Friday events earlier than ever this year, hoping to get a head start on an unpredictable holiday shopping season. “This is truly a holiday season unlike anything we’ve ever seen with Covid, so you can throw all of the usual …
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