German-based memory-chip maker Qimonda AG said Monday that it is selling its stake in Inotera — a joint venture with Taiwan's Nanya Technology Corp. — to Micron Technology Inc. for $400 million.

U.S. Rep. Bill Sali, R-Idaho, voted against extending federal unemployment benefits earlier this month, just days before Micron Technology Inc. announced it was cutting thousands of jobs.

Even before semiconductor maker Micron Technology Inc. said Thursday it would cut another 1,500 workers in Idaho, the state projected its unemployment insurance trust fund will be drained by half — to $120 million — by March 2010 as the economy slows.

Shares of semiconductor companies tumbled Monday as fears over a global credit crisis sank stocks and sent the Dow Jones industrial down more than 700 points to below 10,000 for the first time in four years.

Micron Technology Inc <MU.N> reported a wider-than-expected quarterly loss on Wednesday that was twice as big as a year ago, hurt by weaker sales in the face of an industry memory chip supply glut.

SAN FRANCISCO (Reuters) - Micron Technology Inc <MU.N> reported a wider-than-expected quarterly loss on Wednesday that was twice as big as a year ago, hurt by weaker sales in the face of an industry memory chip supply glut.

Welcome to our second annual look at America’s Top States for Business—a study that shows you can’t sit still if you want to stay competitive.  Our study rates the states on the very selling points they use to attract business -- 40 metrics in ten categories.

Money is moving out of commodities and into growth cyclicals such as technology and financials in anticipation of an economic recovery in the second half of 2009.

Micron Technology, the largest U.S. maker of computer memory chips, on Wednesday posted a wider quarterly loss as revenue fell and costs rose amid a persistent slump in memory chip prices.