As one of the leading providers of wafer fabrication equipment used in semiconductor manufacturing, Lam Research (NASDAQ: LRCX) may be one of the most important companies in the world. Chipmakers rely on its tools to produce the semiconductors that are vital to everything from data storage to smart cars to mobile devices. Despite this, shares of Lam Research are down 47% year to date.
China's vaccine developers stuck with unused mRNA COVID shots and idle manufacturing plants are pursuing new targets for the novel messenger RNA technology, but they face a tough path, crimped by a lack of revenue. Three Chinese companies - Walvax Biotechnology , CSPC Pharmaceutical Group and Stemirna Therapeutics - came up with mRNA vaccines that won limited emergency approvals in Asia. However, Walvax and CSPC are not currently manufacturing three of their China market shots, a China health official told Reuters.
Amazon, Alphabet, Meta, and Microsoft are spending huge amounts on AI. In-house chips could cut costs.
Nvidia’s AI dominance won’t last forever. Big Tech and the rest of Silicon Valley are racing to catch up.
Nigeria has halved federal borrowing from the central bank, according to Finance Minister Wale Edun, as Africa's biggest economy works to curb monetary financing and shift to markets to plug revenue shortfalls. President Bola Tinubu, who inherited an economy struggling with record debt, high unemployment, subsidies and large central bank financing, has promised to make the bank autonomous and more focused on its core mandate. Central bank overdrafts to the federal government, so-called "ways and means," were popular with the previous administration, peaking at $53 billion in 2023 and fuelling inflation and budget deficits.
Britain's national election, expected later this year, will take place against a backdrop of persistently slow economic growth, high public debt and little room to increase spending for whoever wins power unless they raise taxes. Prime Minister Rishi Sunak promises voters that a recovery from a cost-of-living crisis is underway while the opposition Labour Party, which is far ahead in opinion polls, accuses his ruling Conservatives of overseeing 14 years of economic failure. Below is a summary of some of the challenges facing the world's sixth-biggest economy which appears to be emerging from a shallow recession but is still feeling the aftershocks of Brexit, the COVID pandemic and the energy price surge of 2022.
Michail Antonio’s early goal was not enough.
Amid a leadership transition, Lawrence Wong hints at few changes to the cabinet lineup. Read on to find out what experts think about potential promotions.
SEATTLE (AP) — Saturday marks marijuana culture’s high holiday, 4/20, when college students gather — at 4:20 p.m. — in clouds of smoke on campus quads and pot shops in legal-weed states thank their customers with discounts. This year’s edition provides an occasion for activists to reflect on how far their movement has come, with recreational pot now allowed in nearly half the states and the nation’s capital. Many states have instituted “social equity” measures to help communities of color, harme
China's vaccine developers stuck with unused mRNA COVID shots and idle manufacturing plants are pursuing new targets for the novel messenger RNA technology, but they face a tough path, crimped by a lack of revenue. Three Chinese companies - Walvax Biotechnology, CSPC Pharmaceutical Group and Stemirna Therapeutics - came up with mRNA vaccines that won limited emergency approvals in Asia. However, Walvax and CSPC are not currently manufacturing three of their China market shots, a China health official told Reuters.
Police say five foreign nationals who were in car that came under attack are safe
LOS ANGELES (AP) — Viktor Arvidsson scored the tying goal with 1:21 left in regulation, and the Los Angeles Kings earned a playoff rematch with Edmonton by jumping into third place in the Pacific Division with a 5-4 overtime victory against the Chicago Blackhawks on Thursday night. The Kings’ comeback and the defending champion Vegas Golden Knights’ loss to Anaheim propelled Los Angeles into a third straight postseason meeting with the Oilers, who beat the Kings in both of their previous two fir
Dr Sarah Benn could be struck off for her participation in peaceful climate change protests.
Israel’s military has not confirmed the strike and Iranian officials maintain ‘no damage’ in Isfahan
Chandler City Councilmembers passed plans for a new QuikTrip in Chandler Thursday after dozens of people voiced their thoughts on the location of the convenience store.
The two lenders agree terms on a takeover deal that could be worth up to £780m.
Q1 2024 Blackstone Inc Earnings Call
Pop star shares message with fans from Instagram as they scramble to stream her latest record
Iranian state media reports that drones have been shot down over Isfahan province in attack on Friday and that the nuclear site there is ‘completely safe’
Myles Bonnar investigates the wild story of a California busker who fled Scotland. Plus: how Gaza divides American campuses. Here’s what to watch this evening
Corbin Carroll and the D-backs take on Logan Webb and the Giants on April 18, 2024
Yahoo Movies