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Tag: Samsung Electronics Co Ltd

2024-10-02

East Coast ports strike, ILA union work stop strands billions in trade

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Business

Workers picket outside of the APM container terminal at the Port of Newark in Newark, New Jersey, US, on Tuesday, Oct. 1, 2024. Bloomberg | Bloomberg | Getty Images Billions in trade came to a screeching halt at U.S. East Coast and Gulf Coast ports after members of the International Longshoremen’s Association, or ILA, began walking off the job…

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2024-08-15

Intel sells stake in UK chip designer Arm amid company-wide restructuring and cost cuts

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Business

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel has sold its 1.18 million share stake in British chip firm Arm Holdings, according to a regulatory filing, as the California chip designer shores up its balance sheet amid intense competition.  The…

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