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
The Snapdragon 8 Gen 5 is rumored to be taking a dual-sourcing approach, using both TSMC's N3P and Samsung's SF2 processes. Qualcomm, facing a hefty $240 price tag for the Snapdragon 8 Gen 4 due to its sole reliance on TSMC, seems eager to diversify its manufacturing partners. Qualcomm is reported
Typhoon Yagi has left a trail of destruction in its wake, claiming the lives of 59 people and causing widespread devastation in northern Vietnam. The storm's powerful winds and heavy rainfall triggered landslides and flash floods, resulting in 44 deaths. The death toll had initially been reported as
Lulu's Fashion Lounge is undergoing significant changes to its board in an effort to reduce costs and streamline operations. The company is downsizing its board from eleven to six members and is halting payments to non-employee directors. On the surface, this may appear to be a move to get the compa
Nvidia's recent quarterly results brought both good news and disappointment for investors. While revenue and earnings exceeded guidance, the company's fiscal Q3 outlook fell short of expectations due to the delay in its next-generation AI accelerator chip, Blackwell. Nvidia management clarified tha
LL Flooring, once known as Lumber Liquidators, has signed an agreement with F9 Investments to sell off its business. The going-concern sale includes 219 stores, inventory at those locations and the company's distribution center in Sandston, Virginia. The transaction is expected to wrap up by the en
Looking for love on dating apps? Be warned, some careers might make it harder to find that special someone. Think long shifts, unpredictable schedules, and maybe even a dash of sleep deprivation. A recent survey revealed some jobs that are less than appealing to potential partners. Could your ca
Topgolf Callaway Brands Corp. (MODG) just announced a plan to split into two separate companies – one focused on golf equipment and the other on the ever-growing world of Topgolf entertainment venues. But is this really the best way to maximize shareholder value? Let's tee off and explore. The p
The US is flexing its tech muscle with new export controls targeting advanced technologies like quantum computing, semiconductor manufacturing equipment, and even fancy 3D printing for metal parts. Think of it like this: the US is saying, 'Hey, world, these super-powered technologies are too precio
August's jobs report painted a mixed picture of the US economy, with some sectors booming while others struggled. Leisure and hospitality and healthcare and social assistance led the way, adding over 40,000 jobs each. But what does this tell us about the overall health of the economy? If these sec
