Brian Krzanich resigned as Intel CEO, after five years, after the company’s discovered he had a consensual relationship with an Intel employee, the company said . The chip giant cited a non-fraternization policy. Intel CFO Bob Swan will take over as interim CEO as the board looks for a successor. Intel’s vast and byzantine bureaucracy is difficult for outsiders to navigate, making a current...
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The Electric electric vehicles
The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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