Global Chipmaker Showdown: Nexperia’s Dutch Unit Moves to Permanently Strip Chinese Parent’s Control The corporate world is watching a dramatic tug-of-war unfold at the heart of the global semiconductor supply chain. Netherlands-based chipmaker Nexperia is locked in an escalating conflict with its Chinese parent company, Wingtech Technology, with the Dutch unit reportedly seeking to permanently…
The New Maestro of Healthcare: Seasoned Executive Raises $52 Million to Orchestrate an AI Revolution The baton has officially been passed—or, more accurately, picked up—by one of the healthcare industry’s most seasoned veterans. Michelle Carnahan, a high-profile executive known for her leadership at Eli Lilly and her tenure as president of the telehealth startup Thirty…
Law Roundup: The Strange Case of the Stolen Vehicle in Aisle Two There are some calls police departments receive that simply defy a straight-faced log entry. “Stolen vehicle” is a regrettable but common line item in any police report, but when you combine it with an address that sounds like a shopping list, you’ve got…
US Equity Funds Hit the Brakes: First Weekly Outflow in Six Weeks as Investors Cash In After six straight weeks of pouring fresh capital into American stocks, investors have finally blinked. US equity funds recorded their first net weekly outflow, a clear signal that caution and profit taking are starting to outweigh the relentless optimism…
Shattered Peace: Police Hunt for Suspect After Man Found Fatally Shot Outside Fox Chase Home A quiet Northeast Philadelphia neighborhood is reeling this week after a brazen act of violence left a man dead outside his own home, prompting a large-scale manhunt by city police. The incident, which took place in the typically tranquil Fox…
Pasadena Man Jailed After Allegedly Threatening to ‘Take Out’ Local Pastor A disturbing event has rocked a local faith community in Pasadena, where police have confirmed the arrest of a man who allegedly made explicit threats to “take out” a local pastor. Details emerging from public records indicate the quick action by law enforcement has…
Crypto Hoarders Face Wall Street Scrutiny as ‘Risk-Off’ Mood Bites The honeymoon appears to be over for companies that have staked their entire corporate strategy on hoarding Bitcoin. Shares of major public firms known for holding massive amounts of cryptocurrency on their balance sheets are feeling the heat as a broader “risk-off” mood takes hold…
Premium Spirits Giant Remy Cointreau Bets on a Second-Half Revival Despite Global Chill The world’s appetite for fine Cognac and high-end liqueurs has hit a temporary snag, but the leadership at premium spirits powerhouse Remy Cointreau is pouring a glass half full. The French group, whose portfolio includes the venerable Remy Martin Cognac and Cointreau…
Suspect Arrested, Charged with Attempted Murder in Orlando Movie Theater Shooting Orange County detectives have announced a major breakthrough in the investigation into a dramatic shooting incident that took place outside an Orlando movie theater last month. A suspect has been formally arrested and is now facing serious charges, including attempted murder, stemming from the…
The spirit of the holidays often inspires us to deck our halls, and lately, it has inspired many to deck their rides. The trend of stringing festive Christmas lights across a car’s grille, roof, and windows is a popular way to spread cheer, but for drivers in Alabama, that twinkling display can quickly turn into…