Eli Lilly and Company hires Apple’s retail information technology chief

By news@appleinsider.com (Mike Peterson) Pharmaceutical and healthcare company Eli Lilly and Company has hired Diogo Rau, Apple’s chief of information technology for online and in-store retail.Credit: Eli Lilly and CompanyRau will join Lilly as the company’s senior vice president and chief information and digital officer, leading the company’s push toward data use, analytics, and machine learning. Rau succeeds Aarti Shah, who plans to retire from the company after 27 years….

Source:: Apple Insider

      

Apple facing earnings headwind from proposed tax rate changes, analyst says

By news@appleinsider.com (Mike Peterson) Investment bank JP Morgan believes that several proposed tax rate changes could “almost completely” reverse the benefits of prior tax reductions for Apple.Credit: WikiMedia CommonsIn a note to investors seen by AppleInsider, lead analyst Samik Chatterjee analyzes how proposed increases in the statutory federal tax rate and the global intangible low-taxed income (GILTI) under the Biden Administration could prove to be earnings headwinds for Apple….

Source:: Apple Insider

      

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