Corporate strategy/planning

Intel to Invest at Least  Billion in Ohio Chip-Making Facility

Intel to Invest at Least $20 Billion in Ohio Chip-Making Facility

Intel Corp. INTC 0.71% He said it plans to invest at least $20 billion in new chip-making capacity in Ohio, bolstering the company’s semiconductor-production ambitions as greater demand for digital products and a global chip shortage have amplified the need for more manufacturing. Intel said Friday it would invest in two new chip factories just …

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The tension of American business over Saudi Arabia in a blow to the growth plans of the Crown Prince

The tension of American business over Saudi Arabia in a blow to the growth plans of the Crown Prince

RIYADH – The Kingdom of Saudi Arabia has summoned the world’s largest companies to modernize its economy. Instead, the business environment has become more hostile and investors are irritating the oil-rich kingdom. The construction company Bechtel Corp. Sending some contractors home while trying to collect more than $1 billion in unpaid bills. Bristol-Myers Squibb company …

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