The C.E.O. of First American Financial Corporation, Kenneth D. DeGiorgio, is facing a criminal charge for assaulting a passenger on a Caribbean cruise after his wife confronted the man about dancing barefoot. DeGiorgio allegedly choked the man, who claimed he was threatened, leading to the incident being captured on security camera footage. Despite denying wrongdoing, DeGiorgio faces up to one year in prison if convicted and received nearly $7.8 million in compensation in 2024 from the title insurance company.
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Texas Instruments to make ‘historic’ $60bn US chip investment
Texas Instruments (TI) plans to invest over $60 billion to build or expand seven semiconductor facilities in Texas and Utah, creating 60,000 jobs, marking the largest investment in US semiconductor manufacturing history. This move aligns with President Trump's push for increased domestic chip production amid rising competition from Chinese manufacturers and follows similar commitments from companies like Micron. Need More Context? 🔎
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