But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this restructuring is a tool to do that. And what it allows us to do is it allows us to be more efficient, to be more profita e profitable, and to increase investments in some of these new areas. The data center, the memory, internet of things dominic chew goes inside intels results. Reporter theres a reason why intels Earnings Reports are of such interest to investors. Its the worlds biggest maker of computer chips and
At 2016 highs. But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this restructuring is a tool to do that. And what it allows us to do is it allows us to be more efficient, to be more profita e profitable, and to increase investments in some of these new areas. The data center, the memory, internet of things dominic chew goes inside intels results. Reporter theres a reason why intels Earnings Reports are of such interest to investors. Its the worlds biggest maker of comp
The new bay brim gets green light from the federal government. Taking the bridge one step closer toward its opening day. Good evening. We have the night off. Tough to keep up. Will it open on labor day as originally scheduled. Yes no and tonight now its maybe. 7 News Reporter january thon live on Treasure Island to explain why new hope for sooner rather than later opening. Jonathan. Even though you can see behind me the new bay bridge pretty much finished we hear it could be december or later before it actually opens. But tonight this new letter from the federal government indicates there could actually be a glimmer of hope for cars driving operate bridge by labor day if you week away. Processou undoubtedly take month. Grinding away at the saddle that take the weight off cracked bolt on the new bay bridge. Bolt part of what are sheer key device that stabilize the bridge when earthquake. Now theres word the bridge could still open on time even while this work is going on. Letter to calt
Watersoluble limestone, and this particular chunk gave out last night. Loud creaking noises breaking windows led residents to call 911, and firefighters had the good sense to get everyone out immediately because gravity always wins. Scary stuff. But they got out safe. We do thank you for watching abc news. World news now coming up soon with your overnight breaking events. You can tune in to our friends at gma for the latest in the morning, and were always online at abcnews. Com. Until next time, have a great fight. The new bay brim gets green light from the federal government. Taking the bridge one step closer toward its opening day. Good evening. We have the night off. Tough to keep up. Will it open on labor day as originally scheduled. Yes no and tonight now its maybe. 7 News Reporter january thon live on Treasure Island to explain why new hope for sooner rather than later opening. Jonathan. Even though you can see behind me the new bay bridge pretty much finished we hear it could be
The federal government indicates there could actually be a glimmer of hope for cars driving operate bridge by lab day if you week away. Process that will you undoubtedly take month. Grinding away at the saddle that take the weight off cracked bolt on the new bay bridge. Bolt part of what are sheer key device that stabilize the bridge when earthquake. Now theres word the bridge could still open on time even while this work is going on. Letter to caltrans the federal Highway Administration gave the approval to a temporary fix. Steel shim that reinforce the cracked bolt installed in just week and stay in place until the permanent fix is done. As such the letter reads we see no reason to delay opening the bridge to traffic prior to the sheer key retrofit completed. Reassuring that they believe the new bridge can be opened quickly. State senator mark cheers the transportation committee. Says they will rae view the federal government findings but on First Reading he would favor opening the b