Intel to Call Off $5.4 Billion Tower Deal Without Chinese Approval

(Bloomberg) -- Intel Corp. is expected to call off its planned $5.4 billion acquisition of Tower Semiconductor Ltd. as time to win regulatory approval runs out, according to people familiar with the matter.Most Read from BloombergHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeRussia Calls Emergency Key Rate Meeting as Ruble PlungesS&P 500 Drops Below Key Level in Late-Day Slide: Markets WrapRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashTrump In

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