Intel Unveils an $8 Billion Plant-Building and Hiring Plan

Building a new chipmaking plant and upgrading four others will result in thousands of construction and high-tech jobs, the world’s leading supplier of microprocessors said today. It’s a strong statement from a company that has …

Goldman Sachs Earnings Tumble but Top Estimates

Goldman Sachs reported sharp declines in third-quarter earnings and revenue, hurt by slower summer trading activity. But its profits still easily exceeded analysts’ average forecast.
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Why Oil Services Stocks Could Heat Up: Emerging Markets

As rapid economic growth and a population boom take place in the developing world, oil will play an increasingly vital role, no matter what its drawbacks. That puts the likes of Schlumberger, Weatherford and Baker Hughes in a s…

A Newsweek-Daily Beast Deal Made No Sense From the Get-Go

Combining Newsweek and the Daily Beast wouldn’t have been as big of a debacle as New Coke, but it would have been awfully close. Beyond the clashing egos, it was never made clear how combining the organizations would allow them…