Intel Promotes COO Brian Krzanich to CEO Position

May 2 (Bloomberg) -- Bloomberg's Betty Liu and Sheila Dharmarajan report that Intel Corp. is promoting Chief Operating Officer Brian Krzanich to chief executive officer. He will officially replace Paul Otellini at the chipmaker's annual shareholder meeting on May 16. They speak on Bloomberg Television's "In The Loop."

Canadian National Beats Estimates After Cutting Costs
02:44 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)
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