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Intel To Wind Down Optane Memory Business - 3D XPoint Storage Tech Reaches Its End

Intel To Wind Down Optane Memory Business – 3D XPoint Storage Tech Reaches Its End

It appears that the end may be in sight for Intel’s beleaguered Optane memory business. Tucked inside a brutal Q2’2022 earnings release for the company (more on that a bit later today) is a very curious statement in a section talking about non-GAAP adjustments: In Q2 2022, we initiated the winding down of our Intel …

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Trader Joe’s workers at a Massachusetts store form a union, a milestone in the chain.

Trader Joe’s workers at a Massachusetts store form a union, a milestone in the chain.

Following a recent trend of service workers organizing at companies like Starbucks, Apple and Amazon, employees at a Trader Joe’s in Hadley, Mass., voted to unionize on Thursday. It is the only one of the company’s more than 500 stores with a formal union. The vote was 45 to 31, according to the National Labor …

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Trader Joe’s workers vote to unionize for the first time

Trader Joe’s workers vote to unionize for the first time

Comment on this story Comment Trader Joe’s workers at a store in Hadley, Mass., voted 45-31 to unionize, becoming the first at that company to do so, according to the National Labor Relations Board. The union’s victory in western Massachusetts follows a wave of successful union drives this year at high-profile employers that have long …

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US economy shrinks in second quarter, signaling unofficial start of recession

The US economy shrank again in the last three months, unofficially signaling the start of a recession. The commerce department announced Thursday that gross domestic product (GDP) – a broad measure of the price of goods and services – decreased at an annualized rate of 0.9% in the second quarter after falling at an annualized …

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US economy shrinks for second consecutive quarter

US economy shrinks for second consecutive quarter

The US economy shrank for a second consecutive quarter, meeting one of the common criteria for a technical recession and complicating the Federal Reserve’s push to stamp out soaring inflation with a string of aggressive rate rises. Data published by the commerce department on Thursday showed gross domestic product fell 0.9 per cent on an …

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Stocks making the biggest moves midday: Bausch Health, Meta, Comcast, Qualcomm and more

Stocks making the biggest moves midday: Bausch Health, Meta, Comcast, Qualcomm and more

In this photo illustration, a silhouetted woman holds a smartphone with the Meta Platforms, Inc. logo displayed on the screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Bausch Health – Trading in the pharmaceutical company’s shares was halted after the stock dipped 50%. A Delaware federal …

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2023 Chevy Colorado Is All New With Up to 430 Lb-Ft of Torque

2023 Chevy Colorado Is All New With Up to 430 Lb-Ft of Torque

Photo: Chevrolet Chevrolet has just revealed a ground-up redesign of its midsize pickup, the Colorado. With this third-generation model, Chevrolet has had the chance to assess what works for the Colorado, which struggled to stand out in the midsize pickup segment — until the Colorado ZR2 came out. The success of the ZR2 is clearly …

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3 reasons your recruiter ghosted you, according to a hiring pro

3 reasons your recruiter ghosted you, according to a hiring pro

When Deven Lall-Perry was laid off from her recruiter job at a startup earlier this month, she was pretty confident she’d land another gig quickly. As a hiring pro herself, she knows just how much of a candidate’s market we’re in. May marked six straight months of more than 11 million job openings, and 12 …

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Ford Stock Pops: Auto Giant Affirms Outlook, Hikes Dividend

Ford Stock Pops: Auto Giant Affirms Outlook, Hikes Dividend

Ford (F) reaffirmed 2022 outlook and hiked the Ford stock dividend late Wednesday after crushing earnings estimates for the second quarter. Ford stock surged early Thursday. Strong demand for traditional combustion and new electric vehicles offset supply and inflation headwinds, the automaker said. X “We’re moving with purpose and speed into the most promising period …

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