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Intel has named Pat Gelsinger as its new chief executive officer, replacing Bob Swan after a rocky two-year run. The chipmaker recruited Gelsinger from software firm VMWare, calling him a “highly respected CEO and industry veteran” in a release. Gelsinger, who has been VMWare’s CEO for about the past decade, will take the helm at

Pandemic travel restrictions and shelter-in-place orders have made it difficult to access cultural experiences. But a virtual tour of the Metropolitan Museum of Art in New York City could help ease some of those stuck-at-home blues. Verizon and The Met are launching a platform that lets viewers visit the museum and see many of its

Billionaire Republican donor and Home Depot co-founder Ken Langone says he feels “betrayed” by the Republicans who attempted to overturn the election even after a mob of Trump supporters stormed the Capitol. Langone, who voted for Trump in 2016 and gave him credit for improving the economy, said the president “exhausted everything” when he tried

We’re two days into this year’s virtual Consumer Electronics Show, and we’ve already seen big tech announcements from companies like LG, Razer, and even Yves Saint-Laurent and L’Oreal. From a “rollable” smartphone and transparent TVs to a $299 lipstick mixer, here are the highlights from the tech trade show so far. If you missed it,

The world’s largest carmaker is starting to gain ground on Tesla. Volkswagen sold 231,600 battery electric vehicles in 2020, according to figures published by the company on Wednesday. While that’s still less than half the number of sales Tesla made, it represents an increase of 214% on the previous year and shows Germany’s huge auto

Corporate America may be running away from President Donald Trump but at least one of his international business partners is standing by him. Hussain Sajwani, the chairman of property developer DAMAC, said he wants to expand his relationship with the Trump Organization despite the president’s role in stoking a violent siege last week of the

New York City is seeking to terminate its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the day President Donald Trump faces a second impeachment for his role inciting the rioters who ransacked the Capitol, officials in New York City announced plans to immediately end the

Convenience store operators are having a moment. Canada’s Couche-Tard, the owner of Circle K, said in a statement on Wednesday that it’s offering €20 ($24.35) a share to acquire France’s biggest supermarket chain, Carrefour. The offer, which Couche-Tard expects to be mostly in cash, values Carrefour at €16.2 billion ($19.7 billion) and represents a 29%

YouTube is suspending President Donald Trump’s channel for at least one week, and potentially longer, after his channel earned a strike under the platform’s policies, the company said Tuesday evening. A recent video on Trump’s channel had incited violence, YouTube told CNN Business. That video has now been removed. YouTube initially declined to share details

It’s tempting to think now that 2020 is over, the economy will soon snap back to normal. But that’s still far off: Americans aren’t spending as much as they used to. Millions remain unemployed. For an economy that runs on consumer spending, that’s a huge issue. The recovery — and the return to public life

New York City is terminating its business relationships with the Trump Organization in response to last week’s attack on the US Capitol. On the day President Donald Trump faces a second impeachment for his role inciting the rioters who ransacked the Capitol, officials in New York City announced plans to immediately end the Trump Organization’s