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The World Needs New Antibiotics, but the Business Model Is Broken
Business

The World Needs New Antibiotics, but the Business Model Is Broken

New drugs to defeat “superbug” bacteria aren’t reaching patients. Source link

The New Face of Nuclear Energy Is Miss America
Business

The New Face of Nuclear Energy Is Miss America

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A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley
Business

A Startup in the New Jersey Suburbs Is Battling the Giants of Silicon Valley

It’s not just Nvidia. There is another big winner of the AI boom—and it’s now competing with some of the world’s most valuable companies. Source

Schulman Having Bumpy Landing After Taking PayPal to New Heights
Business

Schulman Having Bumpy Landing After Taking PayPal to New Heights

With the company’s market value having plunged nearly $300 billion since its July 2021 peak, CEO Dan Schulman is relinquishing the reins after nine years.

Jeffrey Epstein Advised Sergey Brin With Tax Shelter
Business

Jeffrey Epstein Advised Sergey Brin With Tax Shelter

Epstein was advising Google co-founder Sergey Brin in 2007 on setting up a tax-saving trust for his children, according to new court documents. Source link

Amazon's Palm-Payment Effort Is a Sneak Attack on Apple and Google
Business

Amazon's Palm-Payment Effort Is a Sneak Attack on Apple and Google

It’s also a potentially massive play to make Amazon the central ID system for your whole life—from banking and loyalty programs to tickets, age verification

Bank of England Raises Key Interest Rate by Quarter Point
Business

Bank of England Raises Key Interest Rate by Quarter Point

The central bank increased its key rate for the 14th time in a row and said it may do so again as it tries to

Crypto Rules Delay Puts Billions in Tax Revenue at Risk
Business

Crypto Rules Delay Puts Billions in Tax Revenue at Risk

Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law. Source link