An image of a semiconductor wafer at the Taiwan Semiconductor Manufacturing Museum of Innovation in Hsinchu, Taiwan, on Jan. 11, 2022. I-Hwa Cheng | Bloomberg | Getty Images Taiwan Semiconductor Manufacturing Company on Thursday reported a 54% hike in net profit, as global chipmakers continue to benefit from demand boosted by AI applications. The company’s net income was 352.3 billion …
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Intel faces headwinds in China as trade body calls for security probe
Intel products sold in China have been recommended for a security review by local officials who allege that the U.S. chipmaker poses “serious risks” to national security. In a statement on Wednesday evening, the Cybersecurity Association of China outlined alleged vulnerabilities in Intel’s CPU chips, claiming the flaws in product quality and security management show an “irresponsible attitude toward its customers,” …
Read More »China pledges more financial support for ‘whitelist’ real estate projects
A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images China vowed more financial support for real estate projects that fall under its so-called whitelist and to speed up banks lending of 4 trillion yuan ($561.8 billion) for such projects, according to the nation’s housing ministry. Ni Hong, China’s minister …
Read More »Corporate tax abuse highest in overseas UK territories, TJN says
Advocacy group Tax Justice Network has ranked the British Virgin Islands, followed by the Cayman Islands and Bermuda as “most complicit” in helping corporations underpay corporate income tax. Traffic_analyzer | Digitalvision Vectors | Getty Images British overseas territories are the world’s top enablers of corporate tax abuse, according to a ranking by tax advocacy group Tax Justice Network. The British …
Read More »The Broader View of Photography
The main motivation for my photography has been to describe and share my experiences. I believe this sentiment is common among photographers. Yet sometimes, it leads to obsession over capturing the one “great image” of a scene – when the best way to tell a story can be through a series of images instead. Certainly, capturing a complete story in …
Read More »USMNT stock watch: Brandon Vazquez, Alex Zendejas make their case; Josh Sargent with room for improvement
Mauricio Pochettino’s first games in charge of the U.S. men’s national team started with newfound optimism after an otherwise dismal year but ended by reintroducing a batch of familiar problems that he will be tasked with mitigating in time for the 2026 World Cup on home soil. A 2-0 win over Panama on Saturday and a 2-0 loss at Mexico …
Read More »WTI, Brent edge lower after selloff
U.S. crude futures edged lower Wednesday to close below $71 per barrel, after selling off steeply in the previous session on reports that Israel will not attack Iran’s oil facilities. The U.S. benchmark tumbled more than 4% on Tuesday after Israel told the U.S. that it will limit its retaliatory strikes to military targets in Iran, senior Biden administration officials …
Read More »Who will USMNT play in Concacaf Nations League quarterfinals? Mexico dodge tougher opponents
Hello there! Mauricio Pochettino’s first international window in charge of the U.S. men’s national team has officially come to a close, offering plenty of food for thought as the group continues their preparation for the 2026 World Cup. I’m Pardeep Cattry with a USMNT-focused midweek update. 📺 Footy fix All times U.S./Eastern Wednesday, Oct. 16🇪🇺 UWCL: Barcelona vs. Hammarby, 3 …
Read More »Bitcoin hits highest level since July, boosting crypto-related stocks
Avishek Das | Lightrocket | Getty Images The price of bitcoin neared $68,400 on Wednesday, reaching its highest level since July and sparking a rally across the crypto sector. Bitcoin is up more than 9% over the past week and ether is up about 7%. Other popular coins have also rallied, with solana up close to 10% in the past …
Read More »United Airlines (UAL) 3Q 2024 earnings
A United Airlines Boeing 737-MAX 8 aircraft departs at San Diego International Airport en route to New York on Aug. 24, 2024. Kevin Carter | Getty Images United Airlines said Tuesday that it is starting a $1.5 billion share buyback as the carrier reported higher-than-expected earnings for the busy summer travel season and forecast strong results for the last three …
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