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Why Intel's Stock Just Dropped 10% After Reporting Earnings (slashdot)

Intel shares are off around 10% in after-hours trading after the chip company reported its Q3 data. TechCrunch explains why: Investors had expected Intel to report an adjusted $1.11 in per-share profit, off around 22% from the year-ago period. They also expected it to report revenues of $18.26 billion in Q3, down a more modest 5% compared to the year-ago Q3. Notably, Intel beat revenue expectations with top line of $18.3 billion, and met earnings-per-share estimates of $1.11, on an adjusted basi...
Tags: Europe, News, Intel, North America, DCG, BeauHD, Data Center Group DCG, COVID, Q3 Notably Intel


Goodbye Gap: Retailer, to shutter 350 stores by 2024

By Anne D’Innocenzio | The Associated Press Gap Inc. is moving away from the nation’s malls. The San Francisco-based retailer, which was for decades a fixture at shopping malls around the country, said Thursday that it will be closing 220 of its namesake Gap stores — or one-third of its store base — by early 2024. That will result in 80% of its remaining Gap stores being in off-mall locations. As part of its restructuring, Gap Inc. said it also plans to close 130 of its Banana Republic stores in...
Tags: Navy, San Francisco, Sport, Soccer, Old Navy, North America, Banana Republic, ANNE D INNOCENZIO, Gap Inc, Gap and Banana Republic, Mark Breitbard, Associated Press Gap Inc, Old Navy Gap Inc


How to buy the best patio heater

When you buy through our links, we may earn money from our affiliate partners. Learn more. Amazon Patio heaters have been in short supply as folks attempt to set up their outdoor spaces for the fall and winter. While we haven't been able to get our hands on many patio heaters to test, we talked to three experts about what to consider when buying a patio heater.We recommend choosing a heater from a trusted brand that is independently certified by UL. Most people will get the best use out ...
Tags: Reviews, Amazon, Home, New York, Trends, Features, New Jersey, North America, Electric, Griffith, Dome, Sparky, Amerigas, Ul, Bonfiglio, ULC


No, President Trump: Wind turbines aren't killing 'all the birds.' Cats are.

A British Black Silver Tabby adult male cat is judged at the 42nd "Supreme Cat Show" in Birmingham, England on October 27, 2018. Oli Scarff/Getty Images During Thursday's presidential debate, Donald Trump claimed that wind turbines kill "all the birds." Wind turbines kill about 234,000 birds a year, whereas cats kill 2.4 billion. North America may have lost nearly 3 billion birds, a quarter of its total bird population, since 1970. Visit Business Insider's homepage for more stories. During...
Tags: Politics, Elections, Science, Cats, California, Environment, US, Barack Obama, Trends, Joe Biden, Analysis, United States, North America, Donald Trump, Trump, Wind Turbines


The best VPNs for secure and private internet access

A VPN routes your internet traffic through an encrypted tunnel to ensure your anonymity online, which is a simple yet effective security solution that can be utilized for a variety of purposes.In recent years, VPN services have become very popular and as a result, there is an ever-growing list of subscription-based VPN providers that claim to offer secure and private internet access.We have created this guide to rank the most reliable and functional commercial VPN services on the market.Express ...
Tags: Reviews, Security, Europe, Privacy, China, Germany, US, Trends, Tech, Features, Online, Computers, Netflix, Buying Guide, Romania, Vpn


Exxon could announce layoffs in the US soon

A pump jack on a lease owned by Parsley Energy in the Permian Basin near Midland, Texas Reuters Welcome to Insider Energy, a weekly energy newsletter brought to you by Business Insider. Here's what you need to know:Want to get Insider Energy in your inbox every Friday? Sign up here. Do you have feedback or story tips? Reach out to me at [email protected] I don't mean to stress you out but the election is now less than two weeks away. Here are some tips for voting in person. Ene...
Tags: Energy, Europe, Politics, Obama, Australia, Finance, Senate, US, Trends, Joe Biden, M&a, Goldman Sachs, Getty, North America, Biden, Chevron


Work-at-home crowd prefers to relocate to places with lower taxes, less regulation

When people can work wherever they want, where do they choose to live? And perhaps more importantly, where do they choose to leave? Traditionally, decisions about where to live have been closely tied to decisions about where to work. If you got a job in Phoenix, you head to Phoenix. COVID-19-related workplace disruptions caused many companies to move all or part of their operations temporarily online. As the pandemic has dragged on, many of these virtual workplace arrangements have become perman...
Tags: New York, California, Opinion, West Virginia, Sport, Soccer, Idaho, Maine, Lausd, North America, Illinois, Dianne Feinstein, Phoenix, John Phillips, SMU, New York California


220 Gap stores, 130 Banana Republic stores to close by 2024 as retailer flees malls

Gap Inc. plans to close 30% of the company’s Gap and Banana Republic stores in North America and focus on outlets and e-commerce business.
Tags: North America, Banana Republic, Gap Inc, Gap and Banana Republic


Gap and Banana Republic are closing another 350 stores as retailers flee malls in the second wave of the retail apocalypse

Gap is fleeing malls as it plans to close hundreds of stores. Business Insider/Hollis Johnson 350 Gap and Banana Republic stores are set to close in North America by the end of 2023, parent company Gap Inc. announced on Thursday.  By the end of 2023, only roughly 870 Banana Republic and Gap stores will remain open in the US and Canada, compared to 1,216 in 2019.  The closures are part of Gap's plan to move out of malls, as the pandemic sends foot traffic spiraling even lower.  Visit Busine...
Tags: US, Trends, Canada, Gap, North America, Banana Republic, Gap Inc, Kate Taylor, Hollis Johnson, Conforti, Lou Conforti, Washington Prime Group, Mark Breitbard, Katrina O Connell


Coca-Cola will scrap around 200 drinks brands, half its portfolio, after falling sales during lockdown

Boxes of Coca-Cola are seen at a grocery store in Los Angeles Lucy Nicholson/Reuters Coca-Cola plans to scrap around 200 of its drinks brands, it announced on Thursday. Since June, the company has said it will scrap drinks such as Tab, Zico, and Odwalla. It would likely remove more brands from its "hydration" category, which includes brands like Dasani, Powerade, and Smart Water, CEO James Quincey said. This would allow it to focus on stronger brands or those with growth potential, the com...
Tags: Food, Drinks, UK, Coca Cola, US, Trends, Beverages, Asia Pacific, Retail, North America, Pepsico, Fairlife, Costa, Latin America, Coke, Zico


Why Intel's Stock Just Dropped 10% After Reporting Earnings

Intel shares are off around 10% in after-hours trading after the chip company reported its Q3 data. TechCrunch explains why: Investors had expected Intel to report an adjusted $1.11 in per-share profit, off around 22% from the year-ago period. They also expected it to report revenues of $18.26 billion in Q3, down a more modest 5% compared to the year-ago Q3. Notably, Intel beat revenue expectations with top line of $18.3 billion, and met earnings-per-share estimates of $1.11, on an adjusted basi...
Tags: Europe, Tech, Intel, North America, DCG, Data Center Group DCG, COVID, Q3 Notably Intel


Gap Inc. To Close 350 Stores By 2024, Exit Malls

NEW YORK (AP/CBS13) — Gap Inc. is moving away from the nation’s malls. The San Francisco-based retailer, which was for decades a fixture at shopping malls around the country, said Thursday that it will be closing 220 of its namesake Gap stores — or one-third of its store base — by early 2024. That will result in 80% of its remaining Gap stores being in off-mall locations. As part of its restructuring, Gap Inc. said it also plans to close 130 of its Banana Republic stores in North America in thre...
Tags: Business, New York, News, Navy, San Francisco, Old Navy, Gap, Modesto, North America, Banana Republic, Gap Inc, Consumer, Gap and Banana Republic, Coronavirus Shopping, Sacramento Roseville Folsom, Mark Breitbard


Texas A&M expert: New clues revealed about Clovis people

There is much debate surrounding the age of the Clovis -- a prehistoric culture named for stone tools found near Clovis, New Mexico in the early 1930s -- who once occupied North America during the end of the last Ice Age. New testing of bones and artifacts show that Clovis tools were made only during a brief, 300-year period from 13,050 to 12,750 years ago.
Tags: Texas, Science, North America, Clovis New Mexico


Diabolical ironclad beetles can get squished under 39,000 times their weight and survive. Scientists figured out how.

A diabolical ironclad beetle, or Phloeodes diabolicus. David Kisailus/University of California, Irvine The diabolical ironclad beetle can withstand forces up to 39,000 times its body weight. They can do that, researchers discovered, thanks to hardened casings on each wing that interlock and support the beetle's exoskeleton. By mimicking the interlocking nature of these protective layers, scientists could build better planes and armored vehicles.  Visit Business Insider's homepage for more ...
Tags: Europe, Science, News, Biology, Animals, US, Trends, Taiwan, Toyota, Beetles, Npr, North America, Pacific, US Air Force, Bae Systems, Armor


First iPhone 12 and 12 Pro Orders Arriving to Customers in New Zealand and Australia

Apple customers in Australia and New Zealand are always the first to get their hands on new devices on launch day because of differences in time zones, and the 2020 iPhone models are now arriving in those countries. Image via Instagram, from a new iPhone 12 Pro owner in New Zealand It's Friday morning in Australia and New Zealand, and customers who pre-ordered an iPhone 12 or 12 Pro are beginning to receive their shipments. New device photos and videos and images of lines are popping up on Y...
Tags: Apple, Featured, Instagram, Australia, Middle East, Sydney, New Zealand, North America, Apple Stores, Asia Europe, Jay Phillips, YouTube Instagram Twitter, Daniel Van


Here’s why Intel’s stock just dropped 10% after reporting earnings

The third-quarter earnings cycle is just getting underway, but we’ve already seen a few companies post numbers that investors did not like. Netflix and , and today Intel is joining the video streaming giant in stock-market purgatory. Intel shares are off around 10% in after-hours trading after the chip company reported its Q3 data. Investors had expected Intel to report an adjusted $1.11 in per-share profit, off around 22% from the year-ago period. They also expected it to report revenu...
Tags: Europe, Tech, Intel, Netflix, Earnings, North America, DCG, Data Center Group DCG, COVID, Q3 Notably Intel


The history of the Airbus A220, the controversial plane Boeing tried to keep out of the US

The first CSeries aircraft in its new Airbus colors. Regis Duvignau/Reuters The Bombardier CSeries was meant to be a game-changing aircraft. Produced by the Canadian aircraft manufacturer, it was its first foray in the 100-to-150-seat market. Though initially successful with sales to major airlines, the program was turned upside following a trade dispute with Boeing. The aircraft program was taken over by Airbus as a result, with the aircraft renamed the Airbus A220.  Bombardier has pulled...
Tags: Travel, Transportation, Europe, UK, England, Life, Air Canada, Planes, Global, US, Los Angeles, Trends, History, Features, Canada, Paris


SIGN UP NOW: Speakers from Macy's, BARK, Salesforce, DoorDash, and more talk about subscription services, "last mile delivery", and social justice at the IGNITION: A Retail Revolution virtual event

Da'Shaunae Marisa for Business Insider Retail innovations in subscription serivces, marketing, and delivery have accelerated with the global pandemic.  Consumers expect more from brands in terms of service and delivery, and in their responsiveness to issues related to social inequity.   IGNITION: A Retail Revolution features speakers from Macy's, Salesforce, GroupM, BARK, and DoorDash, featuring sessions. Cassi Pittman Claytor, who was named one of Business Insider's 100 People Transf...
Tags: Trends, Zimbabwe, Swaziland, North America, Wallis, Sephora, Pierre, Case Western Reserve University, Dell Technologies, Jan Mayen, Grenadines Samoa San Marino Sao Tome, Insider Inc, Afghanistan Åland Islands Albania, Saba Bosnia, Herzegovina Botswana Bouvet Island Brazil, Islamic Republic of Iraq Ireland Isle


Booming sales of Ben & Jerry's, mayonnaise, and skin cleansers during lockdown help Unilever smash analyst expectations

Newscast/Universal Images Group via Getty Images Consumer goods giant Unilever beat analyst expectations for the third quarter thanks to rising sales of Ben & Jerry's ice cream, shampoo, and antibacterial cleaners during lockdown. Sales of tea and Hellmann's products, including mayonnaise, rose, as did sales of skin cleansers. Demand for Ben & Jerry's and Magnum ice cream brands more than offset a significant drop in out-of-home ice-cream sales, Unilever said. Unilever posted an underlyin...
Tags: Europe, China, Trends, Unilever, Spain, Italy, North America, Magnum, Ben, Ben Jerry, Jerry, Hellmann, Getty Images Consumer, Alan Jope, Grace Dean, Newscast Universal Images Group


What gun for...wait, I know this one.

 As is often pointed out, one of the most dangerous animals in North America is good ol' Odocoileus virginianus, the white-tailed deer, aka the hoofed rat. Once extirpated over much of its natural range, it was inexplicably brought back from the brink of extinction to menace the crops and rural highways of America.Deer kill a lot more people than sharks every year, usually by leaping through Camry windshields or causing Buicks to swerve off the road and into the trees.However they will also, und...
Tags: Guns, Colorado, America, Nature, Bad Ideas, North America, Tam, Life In The Monkey House


Pernod Ricard Addresses Online Hate Speech With New ‘Engage Responsibly’ Initiative

When Pamela Forbus stepped into her role as chief marketing officer for international alcohol conglomerate Pernod Ricard's North America division in June, things were anything but calm. Americans were struggling to come to terms with the way the pandemic upended everything from business and vacation plans to accessibility to everyday necessities--and the police killing of...
Tags: Advertising, North America, Pernod Ricard, CPG, Ad Tech & Mar Tech, Pamela Forbus


Whirlpool strains to meet appliance demand

The Benton Harbor, Mich.-based company said Wednesday that revenue in North America fell 1.6% due to coronavirus-related supply constraints in its third quarter. Backlogs for its products remain higher than usual, the company said.
Tags: Finance, Article, The Wall Street Journal, North America, Whirlpool, FBN, Benton Harbor Mich, Fbn/markets, Fox-business/industries/retail, Fox-business/markets/us-markets, Fox-business/topic/coronavirus, 4e8a96ca-134a-5fe0-835b-c7cab7cba970


5 enterprise tech execs discuss remote work, new cybersecurity threats, and why Asia was first to multi-cloud

Kimberly White/Getty; Red Points; Sam Barnes/Getty; Appier; Quantexa; Skye Gould/Business Insider Business Insider selected the top 10 people transforming enterprise tech in the North America, Europe, and Asia Pacific regions. Okta chief product officer Diya Jolly, Cloudflare COO Michelle Zatlyn, Appier COO Winnie Lee, Quantexa CEO Vishal Marria, and Red Points CEO Laura Urquizu gathered together for a virtual roundtable. The execs discussed trends in remote work, cybersecur...
Tags: Asia, Europe, Enterprise, Okta, US, Trends, Taiwan, Asia Pacific, Innovation, North America, Vishal, Cloudflare, Enterprise Software, Michelle Zatlyn, Business Insider, Forrester


SpaceX is on a stunning streak with Starlink, Elon Musk's plan to bathe Earth in high-speed internet. But the scheme isn't without big snags.

SpaceX founder Elon Musk has called Starlink user terminals, which are designed to connect to the internet via a fleet of orbiting satellites, "UFOs on a stick." Ashish Sharma/SpaceX SpaceX has rocketed 835 Starlink satellites into orbit to build a high-speed internet service. Elon Musk, the company's founder, says Starlink will soon open for a public beta, followed by paid US service shortly thereafter. Early results are promising, with high speeds and low latencies. SpaceX even gave Star...
Tags: Amazon, Spacex, Elon Musk, Fcc, Microsoft, Australia, Washington, Cloud Computing, Azure, US, Trends, Department Of Defense, Spain, Earth, Analysis, Canada


Higher US gas inventories result in price drop in early trading Thursday: report

As coronavirus cases soar in North America and Europe, outlook deteriorates
Tags: Europe, Finance, US, Article, North America, Reuters, FBN, Fbn/markets, Fox-business/industries/energy, Sonali Paul, A6ff1c4f-c9fc-5003-93e9-cd2ce51d7c8b


Zoroastrian priests have masked for millennia | Faith Matters

“Dad, everyone’s wearing a mask!” exclaimed the son of Adi Sidhwa, a Zoroastrian priest, about the COVID mask requirement. “Is it different than yours?” The boy wasn’t referring to his father’s COVID mask but the long, white, cloth one – padan — that Sidhwa, 46, from eastern Bergen County, wears when he presides at the service in the Pomona, New York, temple. A Zoroastrian priest, also referred to as mobed, has always worn a mask when performing prayers in front of the sacred flame used in most ...
Tags: Asia, Life, Iraq, India, Religion, Iran, United States, Nepal, North America, Mumbai, Pomona, St Joseph, Bergen County, BOI, Mumbai India, Mehta


New Director Of Montreal Museum Of Fine Arts Throws Some Shade At His Predecessor (And At France)

Stéphane Aquin, a native Montrealer who is currently chief curator at the Hirshhorn in D.C., takes over his hometown’s flagship museum next month after the ouster of Nathalie Bondil, a prominent Frenchwoman who had raised the MMFA’s profile and reputation overseas. “One thing I’m keen [on] is to establish our relevance in North America,” said Aquin. “We are not a suburb of Paris.” – The Art Newspaper
Tags: Art, France, Paris, North America, Visual, MMFA, Montreal Museum, Nathalie Bondil, Aquin, 10.20.20, Stéphane Aquin


Rock Salt Acquires Berlinale Film ‘Curveball’ in North America From ARRI (EXCLUSIVE)

Munich-based sales agency ARRI Media Intl.’s has signed a North American distribution deal with Rock Salt Releasing for “Curveball – A True Story. Unfortunately.,” which had its world premiere at the Berlin Film Festival in the Berlinale Special Gala section this year. The film, co-written and directed by Johannes Naber, is released in German cinemas […]
Tags: News, Global, Munich, North America, Berlinale, Johannes Naber, ARRI Media International, ARRI Media Intl, Rock Salt Releasing


Samuel Goldwyn Films Acquires North American rights to ‘The Food Club’ (EXCLUSIVE)

Samuel Goldwyn Films has acquired North American rights to the uplifting Danish drama “The Food Club” from Scandinavian sales and aggregation banner LevelK. Although it has yet to have an international premiere, “The Food Club” has been acquired for more than 30 territories. Besides selling to Samuel Goldwyn Films for North America, the movie was […]
Tags: News, Global, North America, Samuel Goldwyn, Samuel Goldwyn Films, Levelk, The Food Club


SSC Tuatara Speed Record: Making America Fast Again!

American carmaker SSC (formerly known as Shelby SuperCars) reclaimed the production top speed record last Saturday, October 10th, and it did it with its magnificent Tuatara hypercar. The SSC Tuatara was a long time coming, but it’s now officially the world’s fastest production vehicle by reaching an average speed of 316.11 mph (508.73 kph). Think about that for a moment. The SSC Tuatara is the first production vehicle to breach the elusive 500 kph (310 mph) barrier. “We came pretty close to m...
Tags: America, Magazine, Vw, Autos, Nevada, North America, Bugatti, Cima, Shelby, Webb, Oliver Webb, Pahrump Nevada, Carroll Shelby, Car Talk, Public Road, Tuatara