Illumina to cut $100M in costs to cope with China ban
The San Diego company also lowered its financial guidance for 2025 in response to China’s import restrictions.
Trade War Fallout Prompts San Diego’s Illumina to Lower Outlook, Cut $100 Million in Costs
Illumina on Monday lowered its annual forecast and said it plans to cut $100 million in spending after China announced a ban on imports of its genetic sequencing instruments.
Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban
Beijing banned imports of Illumina’s gene-sequencing machines in response to U.S. tariffs.
Jim Cramer Says Illumina Is 'Challenged,' Recommends Selling This Industrial Stock
Cramer looks at Illumina, Archer Aviation, NANO Nuclear Energy, Steris, Sixth Street Specialty Lending, Lam Research and ...
Diagnostic Kit Maker Illumina To Cut $100 Million In Costs, Lowers 2025 Profit Outlook Amid China Trade Restrictions
Illumina slashes costs by $100 million after China bans its sequencers. The company lowers its 2025 EPS outlook and aims for ...
Will the lunar eclipse be visible in San Diego? Here's what factor may come into play
During the overnight hours of Thursday, March 13 and Friday, March 14, spectators will be able to see what's also known as a "blood moon." The lunar eclipse will start at 8:57 p.m. Thursday and end ...
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Special Primary Election 2025: The race for San Diego County District 1 Supervisor
What does a San Diego County Supervisor do ... And the problem is only getting worse, raising broader alarms about illnesses and air quality. The number of people falling into homelessness ...
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San Diego weather: Mostly dry for morning commute with more rain on the way Friday
This will be the third storm San Diego has had this week. Snow levels are expected to lower to about 3,500-4,000ft. this morning before increasing to 6,000ft. this afternoon. We could have an ...
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Delta Air Lines slashes earnings outlook on weaker U.S. demand, sending shares lower
Delta Air Lines slashed its first-quarter revenue ... Get top local stories in San Diego delivered to you every morning. Sign up for NBC San Diego's News Headlines newsletter.