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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
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Why Your Wireless Carrier Wants to Access Your Bank Account
Carriers are offering discounts to avoid rising credit-card fees, but consider important factors before making any changes. Source link
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
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
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
PayPal Names Intuit Executive Alex Chriss as Next CEO, Replacing Dan Schulman
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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
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
Democratic senators are pressing the Biden administration to speed up the release of regulations tied to a 2021 law. Source link