Bloomberg Intel Corp.’s decision to consider outsourcing manufacturing heralds the end of an era in which the company, and the US, dominated the semiconductor industry. The move could reverberate well beyond Silicon Valley, influencing global trade and geopolitics. The Santa Clara, California-based company has been the largest chipmaker for most of the past 30 years by combining the best designs ...

Bloomberg Elon Musk, whose Tesla Inc. was a major beneficiary of government stimulus in the wake of the last global financial crisis, has soured on the concept. The outspoken chief executive officer of both Tesla and US government contractor SpaceX tweeted that “another government stimulus package is not in the best interests of the people,” in his opinion. A decade ...

Bloomberg IRobot Corp. shares dropped after the company warned that its Roomba autonomous vacuums could be hit with trade tariffs later this year. “On April 24, the United States Trade Representative granted iRobot an exclusion for its Roomba robot vacuums from Section 301 tariffs through August 7, 2020. The company does not yet know whether an extension for its exclusion ...