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Beijing's message is unmistakable: If Hainan can no longer thrive as a place for domestic shoppers to buy their perfume and handbags, it will have to become a place to process goods, attract overseas capital and experiment with a more open economic model.
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Most of the layoffs will affect tech workers as the athletic giant tries to reverse a yearslong sales slump. It's the second round of cuts this year.
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Intel Stock: Earnings Were Strong Enough to Put Shares at Highest Level in 25 Years Barron'sIntel's stock soars 15% as results top estimates, with chipmaker showing signs of growth CNBCIntel Q1 Earnings Call Highlights Yahoo FinanceIntel Gives Strong AI-Fueled Outlook, Sending Shares Soaring Bloomberg.com
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A prominent software ETF is seeing its biggest daily decline in a year. There's "no room for nuance" in the sector, an analyst says.
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