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Sep 10 2024BUSINESS

Lilly's New Money Man: Inside Scoop on Lucas Montarce's Promotion

Eli Lilly, the pharmaceutical giant known for its diabetes and weight-loss drugs, has made a bold move by appointing insider Lucas Montarce as their new chief financial officer. This comes months after former CFO Anat Ashkenazi left to join Google parent Alphabet. Montarce brings over two decades of

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Sep 10 2024BUSINESS

IBM's Latest Play:Buying Up Oracle Expertise - But is it a Good Move?

IBM is on a roll, snapping up companies left and right. This time, they've set their sights on Accelalpha, a firm that helps businesses get their act together with Oracle Cloud Applications. Think of it like this: Accelalpha is the personal trainer for your company's digital transformation, helpin

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Sep 08 2024ENVIRONMENT

Can the US and China Bridge the Climate Finance Divide?

The US and China, the world’s top two greenhouse gas emitters, are trying to find common ground on climate finance, but can they overcome their differences? US climate envoy John Podesta says they’ve made progress, but what does that really mean? Podesta highlighted the importance of collaboratio

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Sep 08 2024POLITICS

Dead Money? Sherrod Brown's Campaign Faces FEC Scrutiny Over Deceased Donor

Ohio Senator Sherrod Brown's reelection campaign received two donations totaling $350 from a woman who had passed away months earlier, prompting an investigation by the Federal Election Commission (FEC). The contributions were made in May but the woman, Carol Ann Baker of Toledo, died in December 2

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Sep 06 2024BUSINESS

Finance Bros Strike Luxury Living Gold: A Tale of Three Salaries

Picture this scenario: You're a young finance bro in your mid-20s, fresh out of college and ready to take on the world. But there's one problem - NYC rents are astronomical! Most studios go for around $5k a month, leaving you with little space and even less cash flow. But then, a lightbulb goes of

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Sep 06 2024HEALTH

Thundermist Health Center: Financial Crisis or Shifting Tides?

Rhode Island's beloved Thundermist Health Center, known for serving over 60,000 patients across its West Warwick, Woonsocket, and South County locations, is navigating a turbulent financial sea. The board recently made a significant decision: terminating the contract of Jeanne LaChance, the organi

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Sep 06 2024BUSINESS

Texas Capital: Healthcare Hustle or Cost-Cutting Caper?

Texas Capital Bancshares is making waves in the healthcare industry, but not without shaking things up internally. They've just agreed to buy a hefty $400 million portfolio of healthcare-related loans – a bold move to expand their corporate banking business. But hold on, there's a catch. This growt

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Sep 06 2024SPORTS

Shaq's $100 Million Warning: Is Luka Doncic Headed for Financial Ruin?

NBA legend Shaquille O'Neal recently gave advice to rising star Luka Doncic, warning him about the potential pitfalls of his massive future earnings. Shaq's advice? Defer a large chunk of his future $100 million-a-year salary until after his playing days are over. Shaq himself learned a hard l

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Sep 06 2024SPORTS

Building Empires of Bricks and Mortar:Can Women Crack the Code of Stadium Finance?

Stadium deals, often hailed as modern-day marvels of architecture and engineering, are also complex financial puzzles. Enter Stacy Sonnenberg, a financial whiz at Goldman Sachs, who's shaking things up with her innovative securitization strategies. Think of it like this: she's turning stadiums in

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Sep 06 2024ENTERTAINMENT

James Bond Producer Barbara Broccoli's Qatari Connection: Fact or Fiction?

Is James Bond producer Barbara Broccoli really trying to secure Qatari financing for Daniel Craig's passion project Othello? Recent reports suggest she was a guest at a gala dinner hosted by the Doha Film Institute and Media City Qatar on the sidelines of the Venice Film Festival, fueling speculatio

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