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Amcor Appoints Stephen Scherger as New CFO

Amcor names Stephen Scherger as CFO effective Nov. 10, 2025, bringing 30+ years of packaging industry expertise. Michael Casamento steps down after 10 years.

Amcor Appoints Stephen Scherger as New CFO
Credit: Amcor
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10/10/2025 · 5:48 AM
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Qualcomm Nears $4 Billion Acquisition of AI Startup Modular
Featured/ 06/22/2026 · 5:38 PM

Qualcomm Nears $4 Billion Acquisition of AI Startup Modular

The deal would boost Qualcomm’s AI software capabilities and challenge NVIDIA’s dominance in AI inference.

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Avis Budget Group Settles $650 Million Lawsuit with Pentwater
Featured/ 06/22/2026 · 5:22 PM

Avis Budget Group Settles $650 Million Lawsuit with Pentwater

Avis Budget Group has reached a $650 million settlement with Pentwater Capital to resolve its short-swing profits lawsuit. The agreement is subject to court approval.

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Lucid Cuts 18% of U.S. Workforce and Eliminates COO Role to Cut Costs
06/22/2026 · 3:46 PM

Lucid Cuts 18% of U.S. Workforce and Eliminates COO Role to Cut Costs

The restructuring is expected to deliver $158 million in annual cost savings.

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