Bloomberg Micron Technology Inc, the largest US maker of memory chips, said the worst industry glut in more than a decade will make it difficult to return to profitability in 2023. The company announced a host of cost-cutting measures, including a 10% workforce reduction, aimed at helping it weather a rapid drop in revenue. Micron also projected a steep ...

Bloomberg The Kremlin criticised the outcome of Ukrainian President Volodymyr Zelenskiy’s visit to Washington and warned that Russia would continue to target weaponry supplied to Ukraine by the US and its allies. Moscow followed Zelenskiy’s meeting with President Joe Biden and speech to the US Congress and saw no sign of a “willingness to listen to Russia’s concerns,” Kremlin spokesman ...

  Bloomberg A monstrous once-in-a-decade winter storm is battering a huge swath of the central US with snow and frigid temperatures, making a mess of highways and canceling flights as the holiday travel season peaks. Blinding snow squalls and dangerous cold have gripped the region as an estimated 112.7 million people are set to travel at least 50 miles (80 ...