Carter's, a major children's clothing retailer, announced plans to close 150 stores across the US as part of a turnaround strategy to cut costs and boost profits. The closures will occur gradually as leases expire over the next few years, impacting significant markets like California, where the company operates over 100 locations. Rising product costs, partly due to tariffs, have pressured the company's profitability, leading to earlier layoffs of 300 employees. Carter's aims to shift customers to nearby stores or online shopping to maintain sales while reducing expenses.
Silvaco and NVIDIA have teamed up to enhance semiconductor design and manufacturing by integrating NVIDIA's AI and accelerated computing with Silvaco's physics-based simulation technology. This collaboration aims to create high-fidelity digital twins...
Dr. Dajun Yang, Chairman and CEO of Ascentage Pharma, was ranked No. 3 on The Medicine Maker Power List 2026 in the Small Molecules category, recognizing his leadership in oncology drug development. Under his guidance, Ascentage Pharma has advanced i...
California Water Service Group, a reliable dividend grower with 58 consecutive annual increases, has seen its stock outperform peers this year. However, rising interest rates and a shrinking yield spread versus treasuries have made it less attractive...
Silvaco has teamed up with NVIDIA to enhance semiconductor design and manufacturing through AI-powered digital twins and accelerated computing. This collaboration integrates Silvaco's physics-based simulations with NVIDIA's AI and GPU technologies to...
NVIDIA has enhanced its Agent Toolkit by integrating re-architected PhysicsNeMo libraries and updated CUDA-X libraries, enabling developers to build autonomous AI engineers with advanced physics, simulation, and quantum chemistry capabilities. This e...
