Qualcomm Inc., a leading smartphone processor manufacturer, provided a subdued revenue forecast for the upcoming quarter. The company indicated that ongoing component shortages could lead to higher prices, potentially dampening consumer demand for smartphones. Following the announcement, Qualcomm’s shares declined in after-hours trading. The forecast highlights challenges within the smartphone …
Eli Lilly’s stock has experienced significant gains, contrasting with a notable decline in Novo Nordisk’s shares. Novo Nordisk, known for its weight-loss drugs Wegovy and Ozempic, recently issued warnings about upcoming revenue challenges, including expected price reductions and a forecasted drop in sales for 2026. The company’s CEO indicated that …
Banner Health has named Shelby Arveson as its new senior vice president of finance. Arveson officially joined the organization on January 26, 2026. In this role, Arveson will oversee the financial operations and strategy for Banner Health, contributing to the organization’s overall fiscal management and planning. **Why this matters** Effective …
Kennametal reported better-than-expected earnings, boosting investor confidence despite ongoing uncertainty in the U.S. manufacturing sector. The company’s latest financial results showed improvements in revenue and profit margins, signaling resilience amid broader economic challenges. While the overall manufacturing recovery remains uncertain, Kennametal’s performance suggests some positive momentum within the industry. The …
Francisco Partners has secured a spot among the top three firms in the HEC Paris-Dow Jones Annual Global Large Buyout Performance Ranking for the sixth consecutive year. The ranking evaluates the performance of private equity firms specializing in large buyout transactions worldwide. This consistent recognition highlights Francisco Partners’ sustained success …
Francisco Partners has secured a spot among the top three firms in the HEC Paris-Dow Jones Annual Global Large Buyout Performance Ranking for the sixth consecutive year. The ranking evaluates private equity firms based on their performance in large buyout transactions worldwide. This consistent placement highlights Francisco Partners’ sustained success …
A section of Franklin Street in Mount Airy, currently mostly residential, is under consideration for rezoning. The proposed change is linked to the development of the new Granstone Conference Center being built in the area. City officials have scheduled a public hearing to discuss the rezoning application and gather community …
The city has announced a public hearing regarding a proposed rezoning of a mainly residential portion of Franklin Street in Mount Airy. This change is related to the development of the new Granstone Conference Center currently being built in the area. Officials say the rezoning would allow for adjustments in …
Hawaii is contesting a Justice Department lawsuit that seeks to block the state’s climate-related legal action against major oil companies. The federal case focuses on whether federal law preempts state claims and addresses questions of jurisdiction. Courts are currently reviewing these issues as both sides present their arguments. **Why this …
The 21st International Conference and Exhibition on Liquefied Natural Gas (LNG2026) began in Doha, Qatar, bringing together CEOs from leading energy companies, industry experts, and policymakers. The event focuses on key topics including geopolitics, market trends, technological advancements, and the ongoing energy transition. Participants are engaging in discussions aimed at …