Beta Bytes: Week of November 14th
Photo by Joshua Woroniecki on Unsplash
Snippets of financial news calibrated to science, technology, and engineering companies as well as our client’s interests.
Aerospace, Defense Giant Northrop Grumman is Adding 350 Jobs to Colorado Workforce
Northrop Grumman already employs 2,200 in Colorado and more than 90,000 worldwide, and is adding
In September, the Air Force awarded the company a $13.3 billion contract for engineering and manufacturing work on replacing the nation’s intercontinental ballistic missile system.
Northrop Grumman said it will carry out the work at its facilities in Colorado, Utah and other states across the country as part of its Ground Based Strategic Deterrent program.
San Diego County will re-enter the most restrictive tier of the state’s reopening system as COVID-19 rates rise, in another financial blow to both business owners and their workers.
Restaurants, bars, gyms and movie theaters will soon be limited to outdoors-only service, and in shops and malls indoor capacities will drop to just 25 percent.
Pandemic-weary businesses are now being hit with the third shutdown of indoor operations in eight months.
Ulta Beauty Strikes Deal to Open Hundreds of Shops at Target Stores
Target and Ulta Beauty have struck a deal to open makeup and skincare shops inside of hundreds of Target stores across the country.
With the deal, Target will gain a unique traffic driver in a fast-growing merchandise category, while Ulta will gain visibility on store shelves and on a website that has expanded its reach during the pandemic.
Together, they have more than 100 million active loyalty program members across Target Circle and Ultamate Rewards — with more than 33 million of those coming from Ulta.
The M1 has an eight-core CPU -- four performance and four efficiency cores -- and an eight-core GPU, making it both powerful and battery efficient.
Apple silicon for Macs is the latest effort by the company to control all of the hardware and software on its products, to better control the features it releases, as well as better manage the timeline for introducing new devices.
Losing Apple as a customer will be a major loss for Intel.