Category Archives:
SK Hynix says has developed its most advanced 238-layer storage chip
SEOUL (Reuters) - South Korea's SK Hynix Inc has developed its most advanced NAND flash chip made up of 238 layers of memory cells for use in PC storage devices and later smartphones and servers, the ...
Aug 02, 2022
Semtech to buy Sierra Wireless in $1.2 billion deal
(Reuters) - Semiconductor supplier Semtech Corp will acquire Canada's Sierra Wireless Inc in a deal valued at $1.2 billion, the companies said on Tuesday. Semtech will acquire all shares of Sierra Wir...
Aug 02, 2022
Robinhood posts 6% sequential increase in 2nd qtr revenue
(Reuters) - Robinhood Markets Inc posted a 6% sequential increase in second quarter revenue despite a market sell-off in equities and cryptocurrencies. Robinhood announced last quarter that it was cha...
Aug 02, 2022
South Korea FX reserves increase in July after four months of decline
SEOUL (Reuters) - South Korea's foreign exchange reserves increased slightly in July, central bank data showed on Wednesday, ending four straight months of decreases led partly by authorities' dollar-...
Aug 02, 2022
Brazil’s Cielo Q2 net profit soars, beating forecasts
(Corrects headline and first paragraph to say net profit more than tripled, not doubled) SAO PAULO (Reuters) - Brazilian payment processor Cielo SA said on Tuesday its second-quarter net profit more t...
Aug 02, 2022
Peoria man accused of business burglary
PEORIA, Ill. – A Peoria man is in jail after he was caught Monday trying to break into a Central Peoria business. Peoria Police say they were called to a business near North University Street an...
Aug 02, 2022
Fossil fuel side deal for U.S. climate bill slammed by green groups
By Nichola Groom (Reuters) - A deal among U.S. Senate Democrats that would provide faster approvals for fossil fuel projects in exchange for party-line support for a spending bill focused on tackling ...
Aug 02, 2022
Robinhood cutting workforce by 23%
By Hannah Lang (Reuters) -Retail trading platform Robinhood Markets Inc said on Tuesday it is laying off about 23% of its employees, sending its shares down more than 3% in extended trading. The compa...
Aug 02, 2022
Steelmaker Ternium reports 19% drop in Q2 net profit as costs grow
MEXICO CITY (Reuters) -Steel producer Ternium reported on Tuesday a 19% drop in its second-quarter net profit from the year-ago period, as the costs of sales and expenses grew. The company's net profi...
Aug 02, 2022
White House competition adviser set to step down in coming months -source
WASHINGTON (Reuters) - White House competition adviser Tim Wu plans to step down in the coming months and return to the academic world, a source told Reuters. President Joe Biden named Wu, a Columbia ...
Aug 02, 2022
Peoria, IL, USA
45 °F Overcast
