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Intel takes a major step toward turning around a business that’s bleeding
cash
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Intel’s new manufacturing process has entered a stage that signals the
company is confident in its ability to bring on external customers,
analysts say.
15 minutes ago
Seed Newsvine
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In his remarks on the debt ceiling deal, President Obama said, “The first part of this agreement will cut about $1 trillion in spending over the next 10 years....The result would be the lowest level of annual domestic spending since Dwight Eisenhower was president.” This claim is utterly false, as domestic spending has actually gone through the roof. How, then, can Obama make it? He simply chooses not to count any of the major categories of domestic spending — Medicare, Medicaid, Social Security, and (soon) Obamacare — as part of “domestic spending.”
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