Restaurant
Intel is sliding after its CEO resigns
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
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 KrzanichExperience 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 ...
Cody Wilson made headlines with a blueprint for 3D-printable guns, now he's...
Kelly West/Reuters Cody Wilson, known most prominently for touting his blueprints for 3D-printable guns, has been formally accused of sexually assaulting a minor. Wilson, who... Read more ...
Amazon is releasing a redesigned Echo Show with a larger screen and better...
Amazon has created a brand-new, redesigned Echo Show - the first Amazon Echo device with a screen. The Echo Show will cost $229.99 like the previous version, and will be... Read more ...
Amazon's latest onslaught of hardware proves it won't stop until it reaches...
Stephen Brashear/Getty Images Amazon unveiled 13 new hardware products, along with a slew of new services and Alexa updates, at an event on Thursday. The new products give... Read more ...
Amazon has announced a staggering number of new Echo devices - here's...
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Amazon... Read more ...
The Army is getting ready for a tough fight with a more capable enemy, and...
US Army/Spc. Leo Jenkins The Army is converting two of its brigade combat teams to add more armor. The change comes as the Pentagon looks to prepare for a potential fight with... Read more ...
The 11 most common cancers in the US
American Cancer Society via Getty Images In 2018, there will be about 1.7 million new cases of cancer diagnosed in the US, according to estimates from the American Cancer... Read more ...
A new team-up between Microsoft and Amazon gives us a whole new reason to...
Microsoft Microsoft on Thursday announced that Skype is now available for devices powered by Amazon's Alexa voice assistant. The deepening integration of Microsoft and Amazon's... Read more ...
The 10 Best Deals of September 20, 2018
We see a lot of deals around the web over on Kinja Deals , but these were our ten favorites today. Read more ...
Take a look inside Restoration Hardware's stunning new flagship store, which...
Business Insider/Jessica Tyler RH, formerly Restoration Hardware , just opened a stunning new flagship store in New York City. The store has fine art installations, a café... Read more ...
The marijuana investing boom has caused a small drink-maker's stock to...
REUTERS/Nir Elias New Age Beverages ' stock has tripled this week after announcing a CBD beverage amid a rally in pot stocks. The news came as rumours swirled around... Read more ...