Intel's ousted CEO Pat Gelsinger to receive $12 million severance
Pat Gelsinger, the former CEO of Intel (NASDAQ: INTC ), is set to receive a severance package worth approximately $12 million, following his departure from the semiconductor giant....
Skechers shares surge on upbeat holiday sales commentary
Shares of Skechers USA (NYSE: SKX ) rose as much as 6.2% in intraday trading, marking the largest rise since September 26. The boost in stock value came after the company's Chief F...
Factbox-US targets China's chip industry with new restrictions
WASHINGTON (Reuters) -The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment mak...
