JPMorgan Chase is eliminating 244 positions at its large corporate campus in Plano, Texas, primarily within its Consumer & Community Banking Fraud and Customer Protection Services inbound call center, according to a Worker Adjustment and Retraining Notification filed with the Texas Workforce Commission. Employees were informed of the decision on...
Washington, United States – Apple is lobbying the Trump administration for permission to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese firm that the U.S. Defense Department has designated a Chinese military company and that an interagency committee has approved for addition to the Commerce Department’s Entity List,...
AUSTIN, Texas – TPx, one of the United States’ leading managed IT, network, and cybersecurity providers, has filed for Chapter 11 bankruptcy protection in an effort to restructure its balance sheet and substantially reduce its debt load. The company, which operates as U.S. TelePacific Holdings Corp., announced on June 29,...
South Korea has announced plans to build a $518 billion semiconductor megacluster south of Seoul to strengthen its role in global chip supply and meet fast-rising demand from artificial intelligence applications. The project, centered in Yongin and nearby cities, will be developed through 2047 and is expected to involve major...
United States. American Healthcare REIT, Inc. was added to the Russell 1000 Value benchmark and removed from the Russell 3000 Growth, Russell Small Cap Composite Growth and Russell 2000 Value benchmarks this week, Market Screener reported; the listings reflect index eligibility outcomes announced as part of the Russell annual reconstitution...
United States – A reported preliminary chip-manufacturing agreement between Apple and Intel is drawing significant attention across the U.S. technology sector as the country seeks to rebuild domestic semiconductor production and curb reliance on overseas fabs. Industry analysts say the potential partnership could become one of the most significant semiconductor...
Authorities in Garden Grove, California, are preparing a large-scale hazardous materials cleanup at the GKN Aerospace manufacturing facility, scheduled to start on Monday morning, June 29, 2026. The operation follows a May 21 incident in which a 34,000-gallon outdoor tank holding about 7,000 gallons of methyl methacrylate overheated after a...
Google has significantly restricted Meta Platforms’ access to its Gemini artificial intelligence models due to a severe shortage of computing capacity, according to reporting first highlighted by the Financial Times. Around March 2026, Google told Meta it could not supply the full Gemini capacity Meta had requested, with the social...
The U.S. dollar has risen to its strongest level in 13 months, with the U.S. Dollar Index gaining more than 5% since late January 2026 as foreign capital pours into American financial markets. Investors are attracted by the rapid expansion of generative artificial intelligence and semiconductor technology, driving heavy buying...
Johns Hopkins University is eliminating about 110 positions across several schools and central administrative units as it confronts a sharp and ongoing decline in federal research funding. The layoffs, focused on administrative and support roles rather than core faculty or research posts, affect the Carey Business School, the Bloomberg School...
