Restaurant

Intel is sliding after its CEO resigns

8 monthes ago   |   By

Intel
Intel said Thursday that its CEO, Brian Krzanich, had resigned following a consensual relationship with another employee that violated company policies.
The company also raised its second quarter earnings per share to $0.99.
Shares initially surged more than 2% following the news, but now they are in the red.
Follow Intel's stock price in real-time here.
Shares of Intel popped 2% in early trading Thursday - before sinking into the red, down about 2% - after the company said chief executive Brian Krzanich had resigned following an investigation that found he had a past relationship...
Read more ...

 

Intel CEO resigns after investigation finds he had past relationship with employee

Intel CEO resigns after investigation finds he had past relationship with employee

8 monthes ago   |   By

David Becker/Stringer Intel's CEO, Brian Krzanich, resigned on Thursday, according to an announcement by the company.
CFO Bob Swan will take over as interim CEO, according to the release.
Intel said that it found that Krzanich had a "past consensual relationship with an Intel employee" that ended up being a "violation" of company policies. See the rest of the story at Business Insider NOW WATCH: How Apple can fix HomePod and Siri See Also: Here are your favorite TV shows that are coming back for another season Share your opinion - Become a BI Insider today What marijuana really does to...
Read more ...

 


Search by Tags

   Restaurant      Food      Restaurants      Business      Cooking      Discover      Intel stock price      Intel CEO      Intel earnings      INTC      Intel      Brian Krzanich  


Experience the magical ambience of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Experience the magical ambiance of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Experience the magical ambiance of the fall season by visiting the best...

Autumn is one of the fascinating seasons for a holiday in Italy. This beautiful season comes with a round of fresh wine, delightful delicacies, and vibrant colors that will... Read more ...

Everything to know about the Florida spa at the center of the Robert Kraft...

Everything to know about the Florida spa at the center of the Robert Kraft sex scandal

Joe Raedle/Getty Images A day spa in Florida has become the center of a massive prostitution and human trafficking bust involving multiple spas and massage parlors. Orchids of... Read more ...

Look How Disgusting Your iPhone's Lightning Port Probably Is

Look How Disgusting Your iPhone's Lightning Port Probably Is

Around six months ago, I really started dreading the sense that I would have to buy a new phone soon. The iPhone 7 I've had in my pocket and hand for the last three years was... Read more ...

The 2020 Volvo XC90 Looks Basically the Same But Adds Kinetic Energy...

The 2020 Volvo XC90 Looks Basically the Same But Adds Kinetic Energy Recovery Like an F1 Car

The 2020 Volvo XC90 has been updated with new safety features, Android Auto, a new wool blend interior option, a new mild-hybrid trim level, and apparently refreshed looks... Read more ...

How Do I Get the Best Deal on a Car That's Not Even Out Yet?

How Do I Get the Best Deal on a Car That's Not Even Out Yet?

As Jalopnik's resident car buying expert and professional car shopper, I get emails. Lots of emails. I've decided to pick a few questions and try to help out. This week we are... Read more ...

World Bank boost Ghana tourism with $40 million grant

World Bank boost Ghana tourism with $40 million grant

The President Nana Addo Danquah Akufo-Addo has announced that the World Bank has approved a $40 million grant to support the Ministry of Tourism and Creative Arts and its... Read more ...

Tourism Ireland adds more global attractions to St. Paddy's Day Celebration

Tourism Ireland adds more global attractions to St. Paddy's Day Celebration

Tourism Ireland declared several new landmarks that will be going green as part of the organisation's Global Greening for St. Patrick's Day. Read more ...

Developer announces hotel-convention center in south Cheyenne

Developer announces hotel-convention center in south Cheyenne

A Wyoming developer announced Friday his plans to build a 70,000-square-foot, $55 million hotel and convention center in south Cheyenne. Read more ...

World Bank boost Ghana tourism with $40 million grant

World Bank boost Ghana tourism with $40 million grant

The President Nana Addo Danquah Akufo-Addo has announced that the World Bank has approved a $40 million grant to support the Ministry of Tourism and Creative Arts and its... Read more ...

Tourism Ireland adds more global attractions to St. Paddy's Day Celebration

Tourism Ireland adds more global attractions to St. Paddy's Day Celebration

Tourism Ireland declared several new landmarks that will be going green as part of the organisations Global Greening for St. Patrick's Day. St. Paddy's Day is going to take... Read more ...

Developer announces hotel-convention center in south Cheyenne

Developer announces hotel-convention center in south Cheyenne

A Wyoming developer announced Friday his plans to build a 70,000-square-foot, $55 million hotel and convention center in south Cheyenne. The project will be the largest in... Read more ...