The headline numbers for Intel (INTC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
The headline numbers for Intel (INTC) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
watch now Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email The Tech Download Will AI make or break education? Google DeepMind COO Lila Ibrahim weighs in AI is changing the way we learn and work. Google DeepMind COO Lila Ibrahim joins “The Tech Download” to explain the opportunities, risks and why teaching responsible AI use starts now. 3...
watch now Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email The Tech Download Will AI make or break education? Google DeepMind COO Lila Ibrahim weighs in AI is changing the way we learn and work. Google DeepMind COO Lila Ibrahim joins “The Tech Download” to explain the opportunities, risks and why teaching responsible AI use starts now. 32:36 5 hours ago Steve Kovach Arjun Kharpal
Legislation Proposed To Make It Easier To Denaturalize Somali Fraudsters In the wake of the massive Somali-fraud scandal out of Minnesota and other states, President Donald Trump wants to denaturalize American immigrants convicted of crimes and deport them , but the current legal framework and federal bureaucracy make such sweeping denaturalization efforts difficult to achieve quickly. “I would do...
Legislation Proposed To Make It Easier To Denaturalize Somali Fraudsters In the wake of the massive Somali-fraud scandal out of Minnesota and other states, President Donald Trump wants to denaturalize American immigrants convicted of crimes and deport them , but the current legal framework and federal bureaucracy make such sweeping denaturalization efforts difficult to achieve quickly. “I would do it in a heartbeat if they were dishonest ,” Trump told the New York Times earlier this month. “I think that many of the people that came in from Somalia, they hate our country.” Existing federal law provides limited pathways for revoking the citizenship of naturalized citizens. Under the Immigration and Nationality Act t he government can denaturalize individuals who obtained citizenship through fraud, misrepresentation, or the concealment of material facts during the naturalization process. The law does not allow automatic revocation based solely on crimes committed after naturalization. Current denaturalization proceedings require civil lawsuits filed by the Department of Justice in federal court or criminal prosecutions for naturalization fraud, both demanding individualized evidence, extensive litigation, and meeting high burdens of proof. Civil cases require “clear, convincing, and unequivocal evidence,” while criminal prosecutions demand proof beyond a reasonable doubt. Sen. Eric Schmitt (R-Mo.) has proposed a solution to this problem. He’s introduced the Stop Citizenship Abuse and Misrepresentation (SCAM) Act in the Senate to expand federal denaturalization authority . The legislation creates a 10-year window after naturalization during which citizens who commit specified crimes could face citizenship revocation and deportation. Among those offenses are welfare fraud exceeding $10,000, aggravated felonies, espionage, and joining terrorist organizations, a category the bill explicitly extends to gangs and drug cartels. The measure also lowers the threshold for federa...
A London-based activist investor has fired off a series of letters to the directors of two Japanese companies largely owned by their founding families saying they are responsible for share prices at “extremely depressed” levels. The shares of Tsutsumi Jewelry Co. and staffing services provider Pasona Group Inc. are being allowed to stagnate to the detriment of minority investors, Satoru Matsuhashi...
A London-based activist investor has fired off a series of letters to the directors of two Japanese companies largely owned by their founding families saying they are responsible for share prices at “extremely depressed” levels. The shares of Tsutsumi Jewelry Co. and staffing services provider Pasona Group Inc. are being allowed to stagnate to the detriment of minority investors, Satoru Matsuhashi , a representative at Nanahoshi Management (UK) Ltd., said in letters to the firms. While shareholder activism in Japan has intensified in recent years as the government and Tokyo Stock Exchange have aggressively pushed corporate governance reforms, campaigns targeting founding families with large majority shareholdings have remained relatively rare. Pasona and Tsutsumi both declined to comment when contacted by Bloomberg. Tsutsumi shares currently trade at a price-to-book ratio of about 0.6 times, based on data compiled by Bloomberg, well below the level of 1 that would indicate they are equivalent to the accounting value of the company’s net assets. The corresponding level for Pasona is also about 0.6 times, while that of the Topix index is about 1.8. As the Tokyo Stock Exchange strengthens initiatives such as minority-shareholder protection, “engagement between institutional investors and founding-family-led firms is also accelerating,” said Atsushi Kamio , a senior researcher at Daiwa Institute of Research Ltd. in Tokyo. The process is forcing some managements to decide whether to stay in the public domain or exit through a buyout, he said. A potential conflict of interest related to inheritance taxes in companies run by founding families was mentioned in a paper published last year by the Tokyo Stock Exchange. “Some owner-managed companies say that they do not want to increase dividends because it would raise their taxes and that they do not want to raise their stock prices because inheritance taxes are tied to the prices of their listed shares,” according to the pape...
New World Development Co. ’s recent bond rally has added to gains over the past year that have lifted some of its securities out of distressed territory, while the price of four of its notes have more than tripled as the builder works to further shore up its liquidity. When New World pledged $15 billion of assets as collateral for loan refinancing a year ago, kicking off a major effort to pull its...
New World Development Co. ’s recent bond rally has added to gains over the past year that have lifted some of its securities out of distressed territory, while the price of four of its notes have more than tripled as the builder works to further shore up its liquidity. When New World pledged $15 billion of assets as collateral for loan refinancing a year ago, kicking off a major effort to pull itself back from the brink of a deeper debt crisis, all of its outstanding dollar bonds were trading below 50 cents on the dollar, a level generally indicating deep distress. Now, five out of its 11 dollar bonds issued before the refinancing are trading between 77 cents and 95 cents on the dollar, while several of its perpetual notes posted annual gains of more than 200%. That has helped make the Hong Kong builder the best performing name in Bloomberg’s Asia high-yield corporate index. Its stock , meanwhile, surged about 40% last year amid optimism over its debt reduction plans and has risen a further 32% in 2026. The signs of growing investor confidence come as New World, one of Hong Kong’s largest developers, has launched an extensive program of potential asset disposals, after it closed a record $11 billion loan refinancing deal last June. The company also told some investors in recent meetings that it’s pushing to achieve positive cash flow for the fiscal year ending June 2026. Even so, the company, controlled by billionaire Henry Cheng’s family, still faces a barrage of challenges as it contends with sluggish property prices, a thin pipeline of new developments and persistent concerns over the performance of its retail assets — including a mall near Hong Kong International Airport. “The worst moment has passed for sure, and in the short-term we will not see a sudden liquidity crunch,” said Gary Ng , senior economist at Natixis SA. “But it is still too early to say it is out of the woods and back to a healthy business.” Despite its efforts to offload assets, progress has b...
Police say incident outside Opera House which left two people in critical condition is not being investigated as terrorism Six people have been injured after a knife attack at a demonstration in Belgium on Thursday evening, police said. Two of the victims were in a critical condition in hospital following the incident in the port city of Antwerp near the Operaplein (Opera Square), police spokesper...
Police say incident outside Opera House which left two people in critical condition is not being investigated as terrorism Six people have been injured after a knife attack at a demonstration in Belgium on Thursday evening, police said. Two of the victims were in a critical condition in hospital following the incident in the port city of Antwerp near the Operaplein (Opera Square), police spokesperson Wouter Bruyns said. Continue reading...
The Trump administration is allowing China to purchase Venezuelan oil but not at “unfair, undercut” prices at which Caracas sold the crude before the US removed President Nicolas Maduro, a US official said on Thursday. While the oil will be sold in the global marketplace, the administration has required that the majority be sold to the United States, the administration official said on conditio...
The Trump administration is allowing China to purchase Venezuelan oil but not at “unfair, undercut” prices at which Caracas sold the crude before the US removed President Nicolas Maduro, a US official said on Thursday. While the oil will be sold in the global marketplace, the administration has required that the majority be sold to the United States, the administration official said on condition of anonymity. The US says it will control Venezuela’s oil sales indefinitely after seizing Maduro...
New jobs data from the Trump administration showed unemployment benefit claims remaining steady, coming in at 200,000. Those numbers were significantly below the median forecast in a Bloomberg survey of economists, which called for 209,000. According to two other government reports, the US economy expanded in the third quarter by slightly more than initially reported and personal spending rose at ...
New jobs data from the Trump administration showed unemployment benefit claims remaining steady, coming in at 200,000. Those numbers were significantly below the median forecast in a Bloomberg survey of economists, which called for 209,000. According to two other government reports, the US economy expanded in the third quarter by slightly more than initially reported and personal spending rose at a solid pace in November . The latest data should reassure the Federal Reserve that the economy remains on a solid footing despite a cooler labor market, said James McCann at Edward Jones. “There looks to be little urgency to cut rates at next week’s meeting, and the central bank could stay on hold for longer should growth remain robust into 2026 and inflation continue to run at above target rates,” he said. Here’s your markets wrap . What You Need to Know Today In a dramatic public hearing—initially opposed by Republicans reluctant to give him a public forum—former Special Counsel Jack Smith testified before Congress Thursday that Donald Trump, who has been indicted four times and convicted once, engaged in criminal conduct with regard to his alleged attempt to overthrow the 2020 election and cling to power. “Our investigation developed proof beyond a reasonable doubt that President Trump engaged in criminal activity ,” said Smith, a former war crimes prosecutor. “If asked whether to prosecute a former president based on the same facts today, I would do so regardless of whether that president was a Republican or a Democrat.” Smith’s two federal prosecutions of Trump, which faced long delays in part due to rulings by the US Supreme Court and a Trump-appointed judge in Florida, were eventually dropped before Trump returned to the White House. Smith, in defending the strength of his cases against him, pointed to the witnesses he had planned to call. “Some of the most powerful witnesses were witnesses who, in fact, were fellow Republicans who had voted for Donald Trump , who h...