Cadence Design Systems, a leading chip design software maker, has forecast its annual revenue and profit below analysts’ estimates. This is a sign of soft demand for its software as clients tighten spending in a tough economy. Shares of the San Jose-based company fell 5% in extended trading after the announcement. The company counts major … Read more
Scientists have made a groundbreaking discovery that identifies a molecular glue capable of mimicking the effects of cancer mutations. This finding has significant implications for cancer treatment and research. According to a recent study published in Nature, researchers found a molecule that replicates the effect of genetic alterations commonly seen in cancer cells. The team … Read more
KFC is leaving its home state of Kentucky for Texas as it shifts its corporate headquarters from Louisville to Plano. The decision, made by Yum Brands, the company’s owner, aims to position the brand for sustainable growth and better serve customers, employees, franchisees, and shareholders. Despite this move, KFC will retain some operations in Kentucky. … Read more
Oregon has seen a surge in bird flu cases among cats over the past two months, with three new infections confirmed in Clackamas County. Seven cats in the Portland area have contracted avian influenza since December, including two in Washington County and two in Multnomah County. The state veterinarian says most infected cats got the … Read more
Baton Rouge-based H&E Equipment Services has received an outbid offer from Herc Holdings, with the Connecticut-based United Rentals’ previous bid rejected. Herc’s offer of $104.89 per share is 14 percent higher than United’s $92 last month. The deal includes $78.75 in cash per share and 0.1287 shares of Herc common stock per H&E share, resulting … Read more
Stratechery Plus offers exclusive access to premium content, including weekly emails or podcasts, interviews with prominent CEOs and analysts, and dedicated podcasts on technology, China, and other topics. Key benefits include: – Access to the Stratechery Update, providing in-depth analysis of current news three times a week – Interviews with leading public CEOs, private company … Read more
HSBC Holdings Plc has announced a global restructuring program that will incur $1.8 billion in charges over the next two years. The move aims to create a more agile bank with a simpler structure, according to CEO Elhedery. The restructuring includes closing some businesses and reducing management ranks. Despite this, HSBC expects to cut its … Read more
The Carolina Panthers have re-signed backup quarterback Andy Dalton to a two-year contract, the team announced Tuesday. Dalton’s deal comes as he was set to become an unrestricted free agent in March. Dalton, 37, has played nine games over the past two seasons, throwing nine touchdowns and six interceptions while providing guidance to young teammate … Read more
A lack of rock salt and ice melt is causing concern among residents in western Massachusetts, but a local pet and garden store has a solution that could come in handy. Currently, many stores, including A.W. Brown’s Pet and Garden Store, are out of stock on rock salt and ice melt due to high demand. … Read more
Nvidia has quietly retired support for its 32-bit PhysX technology on RTX 50 series graphics cards, effectively ending the technology’s usage in games. The move comes as a result of the deprecation of 32-bit CUDA applications support starting with the RTX 50 series. PhysX, a proprietary physics simulation SDK, was introduced by Nvidia in 2004 … Read more