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Day: April 24, 2024

TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel
Business

TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel

April 24, 2024April 25, 2024

By Stephen Nellis SANTA CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called “A16” will enter production

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Cisco says hackers subverted its security devices to spy on governments
Business

Cisco says hackers subverted its security devices to spy on governments

April 24, 2024April 25, 2024

By Raphael Satter WASHINGTON (Reuters) – Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to

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Whirlpool to cut 1,000 jobs globally
Business

Whirlpool to cut 1,000 jobs globally

April 24, 2024April 25, 2024

(Reuters) -Whirlpool Corp will lay off about 1,000 salaried employees globally, the home appliances maker said on Wednesday. The company said it first cut jobs

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FDIC is approaching potential buyers of Republic First, Bloomberg News reports
Economy

FDIC is approaching potential buyers of Republic First, Bloomberg News reports

April 24, 2024April 25, 2024

(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with

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US new home sales rebound to six-month high; rising mortgage rates a concern
Business

US new home sales rebound to six-month high; rising mortgage rates a concern

April 24, 2024April 24, 2024

By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in March from February’s downwardly revised level, drawing support from a persistent

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