Chipmaker Intel to Halt $25-Billion Israel Plant, News Website Says usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
JERUSALEM (Reuters) - Intel Corp is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday, in a report that the chipmaker did not confirm or deny. The U.S. company, asked about the report, cited .
US stocks slipped on Friday after key labour-market indicators came in stronger than forecasts, cementing expectations that the Federal Reserve will hold interest rates steady for longer in an effort to tame economic growth and fight inflationary risks.