Category: Manufacturer
-
America’s only leading-edge chip manufacturer faces an uncertain future and lawsuits
•
Intel’s (INTC) fall from grace seemed to happen all at once. Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report. Its market cap has dropped 80% since 2000 — when it was one…
-
How innovation died at Intel as it faces an uncertain future as America’s only leading-edge chip manufacturer
•
Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly earnings report. Its market cap has dropped 80% since 2000 — when it was one of the most valuable companies in the world. But company insiders…
-
Thousands of UK Boeing jobs at risk as manufacturer plans global cuts
•
More than 4,000 Boeing employees in the UK face uncertainty, as the US aerospace giant prepares to cut 17,000 jobs globally, nearly 10% of its workforce. Boeing’s UK operations, including its only European manufacturing facility in Sheffield, may be affected by significant job cuts, as the company faces financial challenges.…
-
Matchbox manufacturer wins packaging tax row
•
The Tax Appeal Tribunal has sided with matchbox manufacturer Match Masters Limited in a dispute over the classification of folding packaging materials for safety matches. The court overturned the Kenya Revenue Authority’s cancellation of a prior tariff ruling against the company, saying the tax collector cannot set aside a tariff…