Latest line: A good week for Joe Lacob, a bad week for Intel

Joe Lacob

Majority owner of the Golden State Warriors has a new hit on his hands with the Valkyries, the newest WNBA team, which is selling out games and equalling Warriors attendance numbers.

 

 

 

 

Intel

Santa Clara-based chipmaker announces layoffs of more than 10,000 workers globally, about 10% of its workforce, after losing $821 million in the first quarter of 2025 amid lagging sales and AI chip setbacks.

 

 

 

Gavin Newsom

Governor loses big as appeals court rules President Trump can keep National Guard in LA over state objections. But polls show a majority of Americans think Trump’s tactics are too aggressive.

 

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