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Intel investigates SolarWinds hack risk

Bloomberg Intel Corp., the world’s largest chipmaker, said it’s investigating whether it was a victim of the SolarWinds Corp. hack that has roiled the US government and private sector. “We are still actively investigating, but we currently see no evidence or indication that our systems were affected,” the company said in an emailed statement. Separately, rival US chipmaker Nvidia Corp. ...

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US economy to get aid boost that’s late and ‘a little lame’

Bloomberg The $900 billion stimulus package agreed to by US lawmakers over the weekend could keep the economy from contracting again, but pandemic-related risks remain if activity doesn’t start to bounce back next year. The fiscal relief package includes $600 one-time checks to individuals, more funding for the Paycheck Protection Program (PPP) and an extension of unemployment benefits through March, ...

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IPO frenzy drives record $435bn in US stock sales

Bloomberg In a year that saw a pandemic upend financial markets and economies around the globe, US companies and their largest shareholders raised a record $435 billion with stock sales. That’s far above the previous high of $279 billion set in 2014, according to data compiled by Bloomberg. The windfall shows how issuers have dramatically turned to capital markets amid ...

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