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Intel turns 50: How the chip behemoth got its start

50 years ago today, middle-aged engineers Bob Noyce and Gordon Moore (of Moore’s Law fame) quit their jobs to found Intel. The company has had missteps and triumphs, but after half a century, it still embodies the culture and principles that Noyce and Moore established in 1968. …read more […]

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Elon Musk settles bizarre fight over a farting unicorn

Elon Musk has settled a weird argument with an artist who created a mug featuring a farting unicorn. Musk used the image in Tesla operating systems and other company material, prompting potter Tom Edwards to ask for his copyright to be recognised. Elon Musk has settled his bizarre dispute with an artist who created a mug featuring a farting unicorn. …read more […]

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Fiat Chrysler’s New CEO Shows Company’s Future Is All About Jeep

The company is called Fiat Chrysler. Manley has been head of Fiat Chrysler Automobiles NV’s Jeep brand since 2009, the linchpin in the company’s plan to double profit in the next five years. Already, the Jeep and Ram vehicles he oversaw were responsible for 67 percent of total U.S. volume in 2017, according to Bloomberg Intelligence. …read more […]

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Illness ends career of Sergio Marchionne, the CEO who liked to fix things

MILAN/LONDON, July 21 (Reuters) – Sergio Marchionne bowed out on Saturday as one of the auto industry’s most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands. Fourteen years after he first took the wheel of Fiat, the gruff 66-year-old was replaced as boss of the Fiat Chrysler (FCA) group he built. FCA gave no further details. …read more […]

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Inspector warned duck boat company of design flaws last year

A private inspector said Saturday that he warned the company operating duck boats on a Missouri lake about design flaws putting the watercraft at greater risk of sinking, less than a year before the accident that killed 17 people during a sudden storm. Steve Paul, owner of the Test Drive Technologies inspection service in the St. Louis area, said he issued a written report for the company in August 2017. It explained why the boats’ engines — and pumps that remove water from their hulls — might fail in inclement weather. …read more […]

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U.S. courts allies with free trade offers at G20, France resists

The United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting dominated by trade tensions. U.S. Treasury Secretary Steven Mnuchin told reporters at the gathering of the financial leaders of the world’s 20 largest economies in Buenos Aires that he was renewing President Donald Trump’s proposal that G7 allies drop trade barriers between them. …read more […]

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Kavanaugh: Watergate tapes decision may have been wrong

Supreme Court nominee Brett Kavanaugh suggested several years ago that the unanimous high court ruling in 1974 that forced President Richard Nixon to turn over the Watergate tapes, leading to the end of his presidency, may have been wrongly decided. Kavanaugh was taking part in a roundtable discussion with other lawyers when he said at three different points that the decision in U.S. v. Nixon, which marked limits on a president’s ability to withhold information needed for a criminal prosecution, may have come out the wrong way. A 1999 magazine article about the roundtable was part of thousands …read more […]

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Hamas accepts cease-fire after massive Israeli Gaza strikes

Gaza’s militant Hamas rulers said Saturday they had accepted a cease-fire ending a massive Israeli onslaught on militant positions after a soldier was shot dead, once again pulling the sides back from the brink of a full-fledged war. Israel and Hamas have fought three such wars over the past decade and Hamas agreed to the second such cease-fire in a week under heavy Egyptian and international pressure. Israel has stepped up strikes since then to signal its new threshold for engagement after months of largely refraining to act. …read more […]