Trump Announces 10% U.S. Stake in Intel
Former President Trump has announced that Intel will provide the U.S. government with a 10% equity stake, making it the third-largest shareholder. This agreement is part of the CHIPS Act funding and aims to strengthen the government's role in the semiconductor industry, potentially leading to more deals in the future.
Spirit Airlines Seeks New Restructuring Options Amid Ongoing Challenges
Spirit Airlines is engaging advisers to explore new restructuring options after its previous efforts failed to establish a sustainable business model. This decision comes in light of ongoing challenges within the airline industry, highlighting the difficulties faced by budget carriers in achieving financial stability.
RLX Technology Reports Mixed Earnings but Revenue Surges, Stock Rallies
Jerome Powell Hints at Potential Interest Rate Cuts, Boosting Market Confidence
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