Intel has pulled the shot clock on its motherboard partners to end 13th and 14th Gen instability. Intel is requesting all system integrators and board manufacturers implement a new Intel default profile, including Intel’s default power and voltage settings, by the end of the month, according to saraba1st.com and Igor’s Lab. Beware: This information comes […]
Tag: Default
BioNTech gets US agency notice over default on COVID vaccine royalties
(Reuters) – BioNTech said on Monday the U.S. National Institutes of Health has sent a notice to the German company regarding default on the payment of royalties and other amounts related to its COVID-19 vaccine. BioNTech, which partnered with U.S. pharma giant Pfizer for its COVID-19 vaccine, however, said it disagreed with the positions being […]
US debt will become unsustainable and trigger default in about 20 years, if it stays on current path
The Capitol building is seen through the American flags in Washington DC on October 20, 2022.Jakub Porzycki/NurPhoto/Getty Images US debt will become unsustainable in roughly 20 years if it doesn’t change course, a Penn Wharton Budget Model determined. After that, no amount of tax hikes or spending cuts could prevent default “whether explicitly or implicitly.” […]
A default cycle has started amid the Fed’s high interest rates, economists say. These 4 charts explain how severe it is.
Bankruptcy Court. Dayton, Ohio.Getty Images A default cycle has started, spurred by high rates and debt costs, economists at Apollo Management said. Data on default rates and bankruptcy filings show just how severe the situation is. “It is the direct consequence of Fed hikes. The Fed is trying to slow the economy down.” The credit […]
SunPower Plunges on Default Risk and Going-Concern Warning
(Bloomberg) — SunPower Corp. plunged the most ever in intraday trading after it breached a credit agreement and said there is “substantial doubt” about its ability to continue operating. Most Read from Bloomberg Shares of the rooftop solar company slumped as much as 41%. SunPower, which is majority owned by French energy giant TotalEnergies SE, […]