Applied Materials lays off 4% of workforce

Signage outside Applied Materials headquarters in Santa Clara, California, U.S., on Thursday, May 13, 2021. David Paul Morris | Bloomberg | Getty Images Chip equipment manufacturer Applied Materials is laying off 4% of its workforce. The company on Thursday began notifying impacted employees around the world “across all levels and groups,” it said in a…

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The ACA, immigrants and health care

The federal government will shut down early Wednesday, in large part because of a debate between Republicans and Democrats over enhanced Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrats, in turn, say that’s a lie. Democrats say they are only…

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Investing in AI, health tech

Giorgos Tsetis, cofounder and former CEO of Nutrafol. Courtesy of Great Things A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. After struggling with hair loss in his 20s, Giorgos Tsetis co-founded…

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