Despite an overall increase in lending, mortgage approvals have seen a dip in recent months. This could be due to stricter lending criteria or economic uncertainty. Prospective homebuyers may need to be more diligent in their financial preparations to secure a mortgage in the current market.
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Intel Names Lip-Bu Tan as New C.E.O. Amid Turnaround Efforts
Intel, a struggling semiconductor company, has appointed Lip-Bu Tan as its new CEO to help restore its reputation and market share. Tan, a seasoned business leader, faces the challenge of revitalizing the company after years of decline, including job cuts and loss of market value. Investors have responded positively to Tan's appointment, with Intel's stock price rising over 11% in aftermarket trading. Full Article
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