Intel Announces 15,000 Job Cuts, 15 Percent Of Its Workforce
Intel received $8.5 billion in Biden administration grants (Inflation Reduction Act) but announces massive layoffs and halts dividends due to a decline in revenue.
WTI Holds Position Near $76.50, Awaits Iran's Reaction To Assassination Of Hamas Leader
West Texas Intermediate (WTI) crude Oil price inches higher to near $76.50 per barrel during Friday’s Asian session.