The Advanced Micro Devices Inc. (AMD) stock price is soaring on news the chipmaker has signed a potential game-changing deal with Intel Corp., a much larger rival.
But neither company has officially confirmed a deal.
by Diane Alter
The Advanced Micro Devices Inc. (AMD) stock price is soaring on news the chipmaker has signed a potential game-changing deal with Intel Corp., a much larger rival.
But neither company has officially confirmed a deal.
Here's what you need to know about the potential deal...
The Dow Jones Industrial Average today slipped after Verizon stock and oil prices slumped.
Meanwhile, the number of Americans seeking jobless benefits increased by 13,000 to 260,000.
by David Zeiler
Corporate debt bombs – companies that have over-borrowed because of historically low interest rates – will be at a much greater risk of exploding when the Federal Reserve starts raising interest rates over the next couple of years.
These companies were OK as long as rates stayed low, but now the Fed is telegraphing its intent to raise rates to 1% next year and 2% in 2018.
And those Fed rate hikes will light the fuse on these seven corporate debt bombs...