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At 2016 highs. But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this rest...

But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this restructuring is a ...

At 2016 highs. But we begin with big changes at intel. The company is cutting 11 of its workforce. Its cfo is moving to a new role. And its taking a onetime charge of more than 1 billion in the Second Quarter. This after the dow component reported weaker than expected firstquarter revenue and said the Current Quarter wouldnt be much better. It was that soft outlook for Second Quarter revenue that weighed on shares in afterhours trading. Intels current cfo said the changes at the company are all part of its broader strategy. What we went to do now is accelerate that transition. And so this rest...

Saving the federal housing administration. Connell heading up amazon for a billion dollars in back taxes. Connell stocks now every 15 minutes. We are watching apple today. Nicole it was down over 20 from highs of september. Take a look. It is in the green. Everybody has been focusing on powerful so much lately. Obviously, so when he issues. Ipods losing market share. Iphones just not doing that well in china. There it is. Back in the green. Lets take a look at the major market averages. The Dow Jones Industrial average is up. The nasdaq is also in the green, as well as, the s p 500. Daaen than...

Can the troubled neighborhood Electronics Retailer reverse the trend in this ultracompetitive environment . All that and more tonight on nightly Business Report for tuesday, march 4th. Good evening, everyone. Russia retreats and wall street gets a massive relief rally. Investors bought up stocks after russian president putin pulled troops back from the border of ukraine, allaying worries about an imminent military showdown. The major averages surged 1. 5 or more, posting their biggest gains so far this year. Even setting a new record close for the s p 500. Now those skyhigh gains wiped out all...