Here’s Why Intel Corp.’s Client Computing Business Saw Profits Surge in 2017 — The Motley Fool

During 2017, chip giant Intel (NASDAQ:INTC) reported that its Client Computing Group (CCG), which primarily sells processors and related components into the personal computer market, saw a huge surge in profits.  Although the segment saw a modest $1.1 billion increase in revenue year over year (thanks to increased laptop chip sales and higher cellular modem sales), operating profit grew by a full $2.3 billion to $12.9 billion. Image source: Intel. In Intel’s most recent annual filing with the Securities and…

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Trost Tree Service is a three-generation family business – News – The Register-Mail

By Luke SmuckerGateHouse Media Illinois PONTIAC — Albert Trost is a third-generation tree expert. His grandfather, Albert Trost Sr., started A.L. Trost Tree Service before young Albert’s father, Dan Trost, took over. Like his father before him, Trost worked alongside his father for many years before becoming a full-time employee in 1994. He has been working for the company ever since. “Being around this business has been fun,” Trost said. “It’s just something fun to do; every job is…

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South Australian Liberals flag changes to small business tax cuts election promise

Posted April 12, 2018 19:02:25 South Australia’s new Liberal Government has flagged changes to its flagship tax cut promise for small business, acknowledging its election promise may have had the perverse effect of discouraging some businesses from employing more people. Their key policy unveiled during their February election campaign launch would see all businesses with a payroll of less than $1.5 million exempted from paying the payroll tax. But this drew some concern from business groups and Labor, which pointed…

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Head-scratcher: Lice treatment anything but a lousy business – News – Gainesville Sun

“People are just freaked out because they’re bugs,” business owner Jamie Primosch said. “It does not mean your kids are dirty.” Daniel Smithson @DanielTSmithson Down a dirt road and inside a High Springs home, Jamie Primosch combed through a child’s thick, brown hair, tediously picking through the strands — inspecting for pesky, ugly little bugs. Lice, parasitic insects known for crawling into the hair of young children with plans to stay awhile, are hard to spot, she said. They’re about…

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NetCologne launches upgrade of 10 business parks, connects 50 schools to fibre network

German regional operator NetCologne said it has begun constructing gigabit-speed fibre-optic networks in the 10 largest business parks in Cologne as part of its five-year, EUR 100 million ‘Digitisation Offensive’ launched last year. Over 85 percent of the companies based in Cologne, including those in the Longerich, Markenich and Hansestrasse business parks as well as the Airport Business Park, will have access to gigabit-speed internet after construction is completed by the end of 2018, said NetCologne.  NetCologne said it has also…

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Business body rejects Ivan Pillay’s resignation, questions motive for charges

Cape Town – The Small Business Institute will not accept the resignation of its board member Ivan Pillay, saying in a statement on Thursday that it questions the motives of National Prosecuting Authority (NPA) head Shaun Abrahams.  Pillay is the institute’s director of government liaison, a post that entails cutting down on bureaucracy and red tape, and easing access to markets for small businesses.  Pillay and former SARS colleagues Andries Janse van Rensburg and Johann van Loggerenberg briefly appeared…

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Why SA business still associates white men with merit

South African business’ biggest obstacle may not be government corruption, economic radicalism or skills shortages. It may be deep-rooted race and gender biases in the mainstream economy – which are more damaging because those who hold them do not know that they do. A pointed example is a court action which cost Mark Lamberti, CEO of motor and logistics company Imperial Holdings, his place on the board of South Africa’s state power utility Eskom. The North Gauteng High Court found…

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BUSINESS IN BRIEF 12/4 – News VietNamNet

Ho Chi Minh City tops nation in FDI attraction Ho Chi Minh City tops the nation in terms of foreign direct investment (FDI) attraction, 30 years since the first foreign investor was allowed to operate in Vietnam on January 1, 1988. According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), over the three decades, the city has granted investment licences to 7,494 projects worth 44.5 billion USD, accounting for 13.9 percent of the nation’s total FDI. During…

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Victorian coal to keep lights on in Japan, PM says

The Federal and Victorian governments pledged $100 million in funding for the $496 million, four-year-long pilot project. The remainder of the funding will be provided by a business consortium led by the Japanese government, comprising Kawasaki Heavy Industries, J-Power, Iwatani Corporation and Marubeni. Brown coal from AGL’s Loy Yang mine will be transformed into hydrogen. Photo: Carla Gottgens Kawasaki believes the there is enough brown coal in the Latrobe Valley that can be converted to hydrogen that it could power Japan for…

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PRESS DIGEST- British Business – April 12

April 12 (Reuters) – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times – Gas pipes in up to 1,000 tower blocks may not have received regular maintenance inspections because the energy company responsible failed to keep adequate records, checks triggered by the Grenfell disaster have found. bit.ly/2IL8SEn – A large investor in Hammerson Plc has said that the shopping centre…

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Be wary when donating online after tragedies, says Better Business Bureau

As Canadians continue what’s been described as an unprecedented outpouring of financial support in the wake of the Humboldt Broncos bus crash, the Better Business Bureau is cautioning people to be cautious when donating money online. A legitimate GoFundMe campaign has raised more than $8 million and counting for the victims of the crash that claimed 15 lives and left 14 injured, which company CEO Rob Solomon called “unprecedented” and said is one of the largest-ever Canadian fundraising campaign seen…

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Toys ‘R’ Us gets US$1 billion bids for 85 percent of Asian business: lawyer

REUTERS: Retailer Toys ‘R’ Us has received multiple bids of more than US$1 billion for an 85 percent stake in its Asian business as the bankrupt company moves ahead with plans to sell some non-U.S. operations, its lawyer Joshua Sussberg said on Wednesday. Toys ‘R’ Us, once the largest U.S. toy retailer, abandoned last month a plan to emerge from U.S. Chapter 11 as a slimmer, reorganized company after a dismal holiday sales season. The company has said it will…

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Toys ‘R’ Us gets $1 billion bids for 85 percent of Asian business: lawyer | Business

CHICAGO (Reuters) – Retailer Toys ‘R’ Us has received multiple bids of more than $1 billion for an 85 percent stake in its Asian business, its lawyer Joshua Sussberg said at a U.S. bankruptcy court hearing on Wednesday. FILE PHOTO: A closed Toys ‘R’ Us store is seen near York, Britain March 21, 2018. REUTERS/Phil Noble Sussberg said the company, which is liquidating or selling its operations, is also in advanced discussions with a buyer for its Central European business.…

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Egypt main source of 2017 Middle East investments in France: Business France

A total of 1,298 investment decisions in France took place in 2017 (up 16% year-over-year), where investment decisions from the Middle East came mainly from Egypt (37%) and the UAE (37%). That is according to the “2017 Annual Report: Foreign investment in France—The international development of the French economy” released on Tuesday. The report was revealed at a press conference held at the headquarters of Cisco in the Parisian Region, by Bruno Le Maire, French minister for the economy and…

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Alibaba Group planning to expand business in Pakistan, Jack Ma tells PM Abbasi | Pakistan

Alibaba Group planning to expand business in Pakistan, Jack Ma tells PM Abbasi ISLAMABAD: Executive Chairman of Alibaba Group Jack Ma called on Prime Minister Shahid Khaqan Abbasi on Tuesday on the sidelines of Boao Forum for Asia being held in China’s Hainan province. Jack Ma briefed the prime minister on performance, achievements and future targets of the Alibaba Group. The prime minister was apprised of the online trade, micro-financing and public welfare activities of Alibaba Group. Jack Ma appreciated…

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