Intel Corp. has approached Apple Inc. about securing an investment in the ailing chipmaker, according to people familiar with the matter, part of efforts to bolster a business that’s now partially owned by the US government.

(Adds shares.)

Transocean Ltd. is seeking to raise as much as $330 million from the overnight sale of shares at $3.05 to $3.30, according to people familiar with the matter.

Best Buy Co. has been making job cuts across the company, including reductions to its Geek Squad team.

Argentina’s central bank cut its one-day peso repo rate by 10 percentage points to 25%, according to two people with direct knowledge of the matter, temporarily stalling a rebound in the currency.

Josh Harris’ 26North Partnershired Matthew Manin, former head of private equity capital markets at Apollo Global Management Inc., as part of its capital-markets team, according to people with knowledge of the matter.