Intel (INTC) Q4 2020 Earnings Call Transcript

Intel (INTC) Q4 2020 Earnings Call Transcript
Motley Fool Transcribing, The Motley Fool

INTC earnings call for the period ending December 31, 2020.

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  • House oversight committee subpoenas Trump’s tax records

    The new subpoena replaces the one sent earlier that expired in January with the new administration

  • Former CIA chief says he is ‘increasingly embarrassed’ to be a white man

    John Brennan says ‘there are so few Republicans in Congress who value truth, honesty, and integrity’

  • With New York clearing the way, the House reissued a subpoena for Trump's tax records

    Last week, the US Supreme Court rejected former President Donald Trump's effort to keep his tax returns hidden from the Manhattan district attorney.

  • Biden sends teachers to front of vaccine line

    President Biden on Wednesday used the federal government to prioritize vaccinating teachers and child care workers, an effort to get kids back in schools, WashPost reports.What he's saying: "My challenge to all states, territories and the District of Columbia is this: We want every educator, school staff member, child care worker to receive at least one shot by the end of the month of March," Biden said.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeTeachers will have access to vaccines through the federal government's pharmacy program, starting next week.State of play: Teachers have said they'd be more willing to return for in-person schooling if they first receive a vaccine.More than half of the states have already put teachers in a high-priority category.The other side: Experts generally agree that it's safe to reopen schools regardless of whether teachers have been vaccinated, as long as safety precautions are followed.The move was also criticized for putting teachers who are not currently eligible for the vaccine, based on their age or health conditions, above more vulnerable people."This means taking vaccine away from higher-risk persons & communities of color to vaccine young healthy teachers. This is an ANTI-EQUITY move," tweeted Celine Gounder, a member of Biden's transition coronavirus taskforce.Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • Covid vaccines rescued by boat after heavy rain causes flooding in Kentucky

    Governor Andy Beshear declared state of emergency amid severe rainfall

  • Trump biographer compares him to Al Capone as prosecutors hone in on his finance chief

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  • Biden calls Mexican president an ‘equal’ partner amid surge in border crossings

    President’s warm tone towards Mexico has translated to substantial policy changes

  • OnPolitics: How Biden is erasing Trump's immigration legacy

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  • Venezuela uses pretrial detention as a punishment, rights group says

    Nearly three-quarters of all individuals detained in Venezuela for what rights group Penal Forum considers political reasons are awaiting trial, the group said on Monday, arguing it is a sign that authorities use pretrial detention as a punishment. Venezuelan law states that pretrial detention cannot last more than two years, Penal Forum's directors Alfredo Romero and Gonzalo Himiob told reporters, noting that 49 of the 323 individuals they consider political prisoners have been detained for longer than that amount of time.

  • FBI investigating if Capitol officer Brian Sicknick was sprayed with chemical irritant

    Medical examiner is ‘awaiting toxicology results’ before releasing a report on the death

  • $1,400 stimulus checks in COVID relief bill would phase out at $80,000 instead of $100,000, according to deal between Biden and Democrats

    The House's version of the bill phased checks out at $100,000 of income.

  • Schumer says Senate will take up relief bill as early as Wednesday

    The Senate majority leader said that the Senate will take up President Biden's $1.9 trillion relief bill as early as Wednesday night.

  • Merrick Garland could be confirmed as Biden’s attorney general this week

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  • The Trumps are trying to sell a Florida home for $49 million after buying it from the former president's sister for $18 million in 2018

    Eric Trump tweeted a listing for the home, which the family is trying to sell through a limited liability company for more than twice its 2018 value.

  • Police uncover ‘possible plot’ by militia to breach Capitol

    Capitol Police say they have uncovered intelligence of a “possible plot” by a militia group to breach the U.S. Capitol on Thursday, nearly two months after a mob of supporters of then-President Donald Trump stormed the iconic building to try to stop Congress from certifying now-President Joe Biden's victory. The threat appears to be connected to a far-right conspiracy theory, mainly promoted by supporters of QAnon, that Trump will rise again to power on March 4. The announcement comes as the Capitol police and other law enforcement agencies are taking heat from Congress in contentious hearings this week on their handling of the Jan. 6 riot.

  • Pence breaks silence to condemn Democrats' sweeping voting reform bill

    In some of his most extensive remarks since Jan. 6, former Vice President Mike Pence wrote an op-ed Wednesday condemning House Democrats' sweeping election and anti-corruption proposal as an "unconstitutional power grab" by "leftists."Why it matters: Pence has largely stayed quiet since the Capitol insurrection, during which rioters were heard chanting "hang Mike Pence" after former President Trump promoted the claim that the vice president could block the certification of the Electoral College.Get market news worthy of your time with Axios Markets. Subscribe for free.The big picture: Writing in The Daily Signal, Pence repeated dubious claims that the 2020 election was "marked by significant voting irregularities."Be smart: While some irregularities occur in every election, state and federal officials have vouched for the election's security and integrity.Lawsuits challenging election results have been rejected by courts across the country, including the Supreme Court.What they're saying: "Polling shows that large numbers of Democrats did not trust the outcome of the 2016 election and that large numbers of Republicans still do not trust the outcome of the 2020 election," Pence wrote.Pence called the Democrats' reform bill, which the House will pass on Wednesday, "an unconstitutional, reckless, and anti-democratic bill that ... could permanently damage our republic." "Leftists not only want you powerless at the ballot box," wrote the former vice president, "they want to silence and censor anyone who would dare to criticize their unconstitutional power grab."Details: The Democrats' "For the People Act" first introduced in 2019, has provisions to restore voting rights for felons, expand early and absentee voting, set national standards for early voting and voter registration, allow voters to register online or on Election Day and prevent voter purges.Pence argued that the bill would undercut efforts to reform elections at the state and local levels. He wrote that the bill "mandates the most questionable and abuse-prone election rules nationwide, while banning commonsense measures to detect, deter, and prosecute election fraud."The bottom line: Pence called the events of Jan. 6 "tragic" and said they "deprived the American people of a substantive discussion in Congress about election integrity in America." He did not once mention the name "Trump."Go deeper: Democrats' sweeping reform bill Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • Texas isn't the only state lifting COVID-19 restrictions. Here's how 11 other states and cities are easing lockdowns, despite the CDC insisting that 'now is not the time.'

    As Texas ended its mask mandate, Mississippi, Louisiana, and Michigan - as well as Chicago and San Francisco - all eased some COVID-19 restrictions.

  • Pence slams Democratic voting reform bill HR 1 as an 'unconstitutional power grab'

    HR 1 would end gerrymandering, expand early and absentee voting, and establish national standards for voter registration, among other reforms.

  • Trump Served With Civil Rights Suit After Capitol Riot

    Michael Reaves/GettyAttorneys for Rep. Bennie Thompson (D-MS) and the NAACP have served former President Donald Trump at his Mar-a-Lago club with a lawsuit filed against him in February. Thompson and the NAACP filed suit against Trump alleging that his incendiary rhetoric and false claims of a “stolen” election amounted to a conspiracy to interfere with civil rights by inciting the Jan. 6 riot at the Capitol.The suit names Trump alongside his attorney Rudy Giuliani and the right wing extremist groups, the Proud Boys and the Oath Keepers, as co-defendants and builds off the 1871 “Ku Klux Klan Act,” which was “intended to protect against conspiracies, through violence and intimidation, that sought to prevent Members of Congress from discharging their official duties,” according to a complaint.If Jan. 6 Was ‘Domestic Terror,’ Who Was the Terrorist in Chief?“The Defendants conspired to prevent, by force, intimidation and threats, the Plaintiff, as a Member of Congress, from discharging his official duties to approve the count of votes cast by members of the Electoral College following the presidential election,” the lawsuit alleges.It accuses the defendants of acting “in concert to incite and then carry out a riot at the Capitol” that “created grave danger of harm” to Thompson and other lawmakers. Similar to the case laid out by Democrats in Trump’s impeachment trial last month, the suit lays out a timeline of Trump’s “concerted campaign” to retain power at any cost, from his refusal to commit to a peaceful transition before the election, through to his explicit endorsement of efforts to overturn the election result, to his fiery rally speech on January 6.Trump “solicited the support of, and endorsed the belligerent and violent actions of, organizations such as the Proud Boys that expressed support of his reelection,” the suit alleges.Trump advisers did not immediately provide comment on who, if anyone, at this point is representing the former president for this lawsuit. When Trump was served, it was merely signed for by a “Ricky,” according to the court document.Several Trump attorneys who The Daily Beast asked about this said they had no involvement. As of Tuesday, Alan Dershowitz, a member of the Trump legal defense for the ex-president’s first Senate impeachment trial, said “nobody [on the Trump team] has reached out to me yet” regarding this suit, but added that he personally believes Trump’s rhetoric on Jan. 6 is “protected by the First Amendment” and that “I would hope that the ACLU would take on a case like this.”The suit adds to a growing list of legal troubles now facing former President Trump, his family, and his associates, since leaving office.After a victory at the Supreme Court in February, Manhattan District Attorney Cy Vance obtained copies of Trump’s tax returns. The paperwork is reportedly part of a city fraud investigation looking into whether the former president lied about the value of his assets in order to gain financial advantages.It’s unclear who will represent Trump, the Proud Boys, and the Oath Keepers in the latest suit but court records show that Austin, Texas-based attorney Joseph D. Sibley IV accepted service of the suit on behalf of Giuliani. Sibley, a graduate of Harvard Law school, is a former U.S. Army Ranger.“I am representing Mayor Giuliani in the Thompson lawsuit, and I will also be representing him in the Smartmatic and Dominion cases,” Sibley told The Daily Beast on Wednesday afternoon.Orange Is the New Orange: Trump Just Might Go to JailSibley handles breach of contract, intellectual property, and other commercial law cases but has also represented clients in defamation cases and provided expert commentary for The Washington Post on defamation suits.He represented far-right blogger Charles Johnson in a 2020 libel lawsuit that was originally filed against Verizon, The Huffington Post, and reporter Andy Campbell for a 2019 article which labeled Johnson a “Holocaust-Denying White Nationalist”—a description Johnson strongly denies. Johnson dismissed the suits against Campbell and Verizon but has appealed a federal judge’s dismissal of his suit against The Huffington Post.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

  • 'School of Rock' child star says their role led to bullying and becoming 'a raging addict'

    Rivkah Reyes said that while Jack Black and their castmates were all still in touch, the role as Katie led to self-harm and addiction for Reyes.