Intel said that its foundry business recorded an operating loss of $7 billion in 2023 on sales of $18.9 billion.
Intel shares closed down 8% after the company disclosed long-awaited financials for its foundry business, revealing an operating loss of $7 billion in 2023.
The Portland Sea Dogs and other businesses say they will no longer sell ice cream from the Sanford company, whose owner was accused of racial bias.
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A loss leader strategy involves selling a product at a price that is not profitable, but is sold to attract new customers or sell other products.
As a result of the coronavirus (COVID-19) pandemic, the global business travel market is predicted to see a loss of 810.7 billion U.S.
Samsung Electronics and SK hynix incurred a combined loss of more than 21 trillion won ($16.1 billion) in their chip businesses, primarily attributed to the cyclical downturn in the semiconductor i...
Intel on Tuesday disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to Taiwan Semiconductor Manuf...
Shares fall as company says ride-hailing and delivery businesses grew while freight shrank
As Ozempic and similar weight loss drugs become more popular, Americans might start buying... In an 82-page note this summer, a team of 17 Morgan Stanley analysts, strategists and...