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Paul Otellini told investors second-quarter sales depend on how they fare in June but "so far, so good" -- in remarks that sent Intel's shares up as much as 4 percent in extended trading.

The fine is the biggest ever imposed on a company by the European Union's executive arm for abuse of market dominance, surpassing the 497 million euro penalty levied on Microsoft in March 200 ...[more]

U.S.-based Intel's central processing units power four out of five of the world's 1 billion personal computers and servers.

Here are the key events in Intel's antitrust battle with th ...[more]

Following are five facts on the rivalry between the two:

MARKET SHARE

In the first quarter Intel made 77.3 percent of the microprocessors that power computers, gaining share e ...[more]

The Commission fined Intel 1.06 billion euros ($1.45 billion) on Wednesday for abusing its dominant market position by trying to exclude others from the microprocessor market, and ordered the ...[more]

Here are the main details of the 542-page decision:

EU FINDINGS:

* Intel gave wholly or partially hidden rebates to computer manufacturers on condition that they bought all, or ...[more]

Speaking to a group of community bankers, Geithner also said the government planned to reopen a $700 billion bailout fund to small banks once the larger ones repay some of the government mone ...[more]

That's when the iPod, Mac and iPhone maker will kick off its annual Worldwide Developers Conference, an event at which it usually offers early looks at technologies under development.

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U.S. import prices climbed again in April as imported oil prices posted their sharpest jump in more than seven years, the Labor Department reported on Wednesday.

KEY POINTS:

R ...[more]