Category Archives:
Software firm F5 to lay off 9% staff, trims fiscal revenue guidance
(Corrects syntax in headline) (Reuters) - Cloud and security services firm F5 Inc said on Wednesday it was reducing its workforce by 9% and cutting bonuses of senior executives to bring down costs. Th...
Apr 19, 2023
Factbox-What’s in Republican McCarthy’s debt-limit spending cut package
WASHINGTON (Reuters) - U.S. House of Representatives Speaker Kevin McCarthy unveiled a bill on Wednesday that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the federal deb...
Apr 19, 2023
Factbox-Fox case just one front in Dominion’s larger legal battle
By Helen Coster (Reuters) - Dominion Voting Systems' defamation lawsuit against Fox, which resulted in Tuesday's $787.5 million settlement, is part of a broader legal campaign by the company to seek a...
Apr 19, 2023
Election results certified; incumbent retains school board seat
PEORIA, Ill. – A race that was pretty close when the polls closed on election night earlier this month has now been made official. The Peoria County Board of Election Commissioners has certified...
Apr 19, 2023
Business incubator ready for construction, to hire new executive director
PEORIA, Ill. – The next stage of incubation, if you will, of a local business incubator is beginning in earnest. Officials with Distillery Labs say they are now ready to search for their new Exe...
Apr 19, 2023
Zions Bancorporation profit misses as provisions overshadow NIM gains
(Reuters) - Zions Bancorporation missed estimates for quarterly profit on Wednesday as higher provisions to cover loan losses offset the impact of rising rates on its interest income. Shares of Utah-b...
Apr 19, 2023
Exclusive-Seagate settles with U.S. for shipping $1.1 billion of hard drives to Huawei
By Karen Freifeld Reuters) - Seagate Technology Holdings has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to Chin...
Apr 19, 2023
Lam Research forecasts lower quarterly revenue as China export curbs weigh
(Reuters) - Chip-making equipment supplier Lam Research Corp forecast lesser-than-expected June-quarter revenue on Wednesday, as U.S. restrictions on sale of certain technology to China and weakness i...
Apr 19, 2023
Seattle airport, Alaska Air and Delta sued over jet pollution
By Clark Mindock (Reuters) - Neighbors of Seattle-Tacoma International Airport on Wednesday sued the airport's operator and two airlines over jet pollution they said is making them sick and damaging t...
Apr 19, 2023
Tesla settles with engineer accused of taking AI trade secrets
By Blake Brittain (Reuters) - Tesla Inc has settled a lawsuit against one of its former engineer, Alexander Yatskov, whom it accused of stealing trade secrets related to its AI-training supercomputer ...
Apr 19, 2023
Peoria, IL, USA
62 °F Sunny
