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Neanderthal genes could be to blame for severe cases of COVID-19, The Wall Street Journal reported. Scientists in Italy found people with Neanderthal gene variants were more likely to be hospitalized. The research suggests the variants are a "major genetic risk factor for severe COVID-19." What they found is that "Neanderthal haplotype," a set of genetic variants associated with the human ancestor, is "the major genetic risk factor for severe COVID-19." The link between health and Neanderthal DNA has been suggested by other studies.
Persons: Mario, cdavis@insider.com Organizations: Street Journal, Street, Mario Negri Institute for Pharmacological Research Locations: Italy, Bergamo province, Nature
A man in Australia tried to sue a Melbourne hospital for A$1 billion for psychological damage. He alleged that he was "encouraged" to watch his wife have a cesarian section. Anil Koppula tried to sue the Royal Women's Hospital for letting him watch his wife give birth via C-section in 2018. The cesarean was a success, but the man claims the hospital failed in its duty of care to him by letting him watch the procedure, the 7News report says. AdvertisementAdvertisementHe said the hospital "encouraged" or "permitted" him to watch the operation and that seeing his wife's organs and blood caused the mental illness he claimed to have, it adds.
Persons: Anil Koppula, 7NEWS, Koppula, James Gorton, 7News Organizations: Royal Women's Hospital, National Health Service, Centers for Disease Control, Global News Locations: Australia, Melbourne
America's first licensed psilocybin service center opened in Oregon this June. AdvertisementAdvertisementMore than 3,000 people are on the waitlist for America's first legal psilocybin service center, according to The Associated Press. EPIC Healing Eugene in Eugene, Oregon opened in June offering patients over the age of 21 a six-hour guided experience with the psychedelic drug, better known as magic mushrooms. A mushroom sculpture at EPIC Healing Eugene. The Oregon Psilocybin Services, charged with regulating the state's industry, says it has received "hundreds of thousands of inquiries from all over the world," per ABC News.
Persons: America's, Cathy Rosewell Jonas, EPIC Healing Eugene, Jenny Kane Organizations: Associated Press, EPIC, EPIC Healing, ABC, Food and Drug Administration Locations: Oregon, Eugene , Oregon, Colorado, New York, Washington
Last month, 85,000 Kaiser Permanente employees launched a strike authorization vote. The Coalition of Kaiser Permanente Unions represents workers in 95% of these facilities, meaning more than 11 million people who rely on Kaiser Permanente could be affected. If they fail and the workers walkout, it would be the largest healthcare strike in US history. Kaiser Permanente healthcare employees in the Coalition in Washington, Oregon, and Colorado have also voted to authorize the strike. This means the overwhelming majority of unionized Kaiser Permanente healthcare employees will strike, even as voting continues in three more states and Washington, DC.
Persons: California —, isn't, Kaiser, Keven, Miriam De La, Kaiser Permanente Organizations: Kaiser Permanente, Morning, SEIU, United Healthcare Workers West, Coalition, Kaiser Permanente Unions, Permanente, United Healthcare Workers, Miriam De La Paz, Kaiser Locations: California, United States, Washington , Oregon, Colorado, Washington, DC, Oregon
A Food and Drug Administration panel said phenylephrine, a commonly used decongestant, doesn't work. Phenylephrine is found in dozens of over-the-counter cold medications to relieve sinus congestion. Phenylephrine versions — sometimes labeled "PE" on the packaging — make up the rest. Several other commonly purchased cold and congestion relief medications also contain phenylephrine, according to The Wall Street Journal. This time, the 16 members of the FDA panel unanimously agreed that current evidence doesn't show a benefit for the drug.
Persons: Phenylephrine, Allegra, Dayquil, Mark Dykewicz, Johnson, Jennifer Schwartzott, drugmakers Organizations: Drug Administration, Food and Drug Administration, Saint Louis University School of Medicine, FDA, Bayer, Wall Street, Allergy, University of Florida, Consumer Healthcare Products Association, Congress
At Leerink Partners, Sasha Kelemen runs an investment-banking team unlike any other on Wall Street. For her work, Insider named Kelemen to our list of 30 leaders under 40 transforming healthcare. After graduating from business school at the University of Virginia in 2017, she joined the healthcare team at Goldman Sachs. Sasha Kelemen. Sasha Kelemen with her daughters Olivia and Zoe.
Persons: Sasha Kelemen, Goldman Sachs, Kelemen, Goldman, she'd, scrappy, Chris, who'd, Barry Blake, Blake, Wall, she's, Sasha Kelemen's, who's, they're, Leerink, it's, haven't, Olivia, Zoe, Jill Angelo, wasn't Organizations: Leerink Partners, Morning, University of Virginia, Boston College, Goldman, Wall, Investment, OB Locations: Venezuela, Florida, Connecticut, SVB, New York City, women's
Dan Miller founded Spora Health in 2019 to deliver better healthcare to people of color. AdvertisementAdvertisementDan Miller founded the startup Spora Health in 2019 to provide better medical care to people of color. Most of Spora's healthcare providers are people of color, and all its clinicians are trained in health equity and cultural competence. How has your experience as a Black patient in the US healthcare system informed what you built at Spora? But I knew there was a lot of demand and interest from Black folks that I would meet in the community.
Persons: Dan Miller, Miller, I'd, He's, Spora, I've, they're, who's, you've Organizations: Spora Health, San Francisco Bay Area, Fortune, Bay Area Locations: San Francisco, San Francisco Bay, America, Bay, New York, Silicon, United States
Novo Nordisk has been trading places with LVMH for the title of Europe's most valuable company. The Danish pharmaceutical giant makes the buzzy weight-loss drugs Wegovy and Ozempic. AdvertisementAdvertisementNovo Nordisk, the maker of weight-loss drug Wegovy and diabetes drug Ozempic, has been trading places with French luxury-goods conglomerate LVMH for the title of now Europe's most valuable firm. The UK's NHS recently said that it plans to begin giving out some limited supplies of Wegovy for weight management. Arnault and his family own around 48% of the company's total shares.
Persons: Wegovy, Louis Vuitton, Ozempic, Elon Musk, Bernard Arnault, Arnault Organizations: Novo Nordisk, Morning, Nordisk, Dior, Tiffany, FDA, NHS Locations: LVMH, Danish, GLP, North America
Elon Musk called Burning Man the "best art on Earth" despite chaotic weather conditions. Elon Musk, who has been known to attend the arts festival in the past, praised the event as the "best art on Earth." In a Sunday post on X, formerly Twitter, Musk said: "Burning Man is unique in the world. The billionaire made the remarks in response to a joke video of a Balenciaga fashion show in Paris that was falsely labeled as Burning Man. Burning Man has long been a favorite among billionaires and tech elites.
Persons: Elon, hasn't, Elon Musk, Musk, Angie Peacock, hadn't, Musk's, Kimbal, Sergey Brin Organizations: Twitter, Rock City, Wall Street Locations: Nevada, Paris
China is planning a $41 billion fund to boost its semiconductor industry, per Reuters. AdvertisementAdvertisementChina is planning a huge state-backed fund to boost its production of semiconductors after the US cracked down on exporting chips to the country, Reuters reported. It will be launched by China's "Big Fund" — officially known as the China Integrated Circuit Industry Investment Fund. AdvertisementAdvertisementBut even before then, the US was clamping down on exporting semiconductors to China. A huge new state-backed fund would bolster that aim in the face of sanctions.
Persons: China's, , they've, Xi Jinping Organizations: Morning, Reuters, China Integrated Circuit Industry Investment Fund, Semiconductors, Department of Commerce, Guardian Locations: China, Taiwan, Phoenix , Arizona
Indonesia has said OpenAI Sam Altman will get the country's first "golden visa." The visa allows the CEO to stay in the country for up to 10 years, along with several other perks. It's unclear whether Altman applied for the visa or plans to stay in Indonesia for long periods. AdvertisementAdvertisementIndonesia has granted tech titan Sam Altman the country's first "golden visa." According to a translation of the statement, Karim said the OpenAI CEO has an "international reputation and may bring benefits to Indonesia."
Persons: Sam Altman, Altman, Silmy Karim, Karim, Bill Gates, Jeff Bezos Altman Organizations: Trump, Oprah Locations: Indonesia, Saudi, Jakarta, Bali
Qantas' CEO is stepping down from his role two months early and will receive a $24 million bonus. AdvertisementAdvertisementAlan Joyce, CEO of Australian national airline Qantas, is facing criticism for the $24 million golden goodbye he will receive after announcing that he is stepping down from his role early on Monday. "If the Board allows Mr Joyce to walk away with $24 million after illegally sacking 1,700 people, gouging customers and while subject to an ACCC prosecution, it will be the swindle of the century," Sheldon said. If Mr Joyce walks away with his $24 million, he will make their annual salary in less than 6 hours." AdvertisementAdvertisementJoyce earned $125 million over the 15 years he spent as Qantas' CEO and was even ranked the highest-paid CEO in Australia in 2018, Sky News Australia reported.
Persons: Alan Joyce, Joyce, Vanessa Hudson, Joyce's, Tony Sheldon, Mr Joyce, Sheldon, Michael Kaine Organizations: Qantas, Australian, Australian Competition, Consumer Commission, Australian Labor Party, Transport Worker's Union of Australia, Australian Aviation, Sky News Australia, Transport Workers Union, ABC, Australia's Federal Locations: Australia
The rise of generative AI has been lauded by major figures in tech like Paul Graham. A rapid expansion of AI tools is affecting the way the web looks and is used. AdvertisementAdvertisementEven the tech industry's most noted figures are getting irked by the ways generative AI is capable of degrading reliable and quality content on the web. AdvertisementAdvertisementThe rapid proliferation of Generative AI tools since the launch of OpenAI's ChatGPT less than a year ago has created a number of problems and concerns. The issue of quality is also growing in importance, as AI tools tend to present incorrect information in an authoritative way.
Persons: Paul Graham, That's, Graham, I've, Graham griped, He's, Malte, Ubl Organizations: Google
Spotify will cut white-noise podcasts from its Ambassador Ads program, according to a Bloomberg report. White-noise creators can make $18,000 a month curating nature sounds for background listening. A Bloomberg memo showed Spotify thought white-noise podcasts cost them $38 million annually. An anonymous source told Bloomberg that because white-noise listeners play shows in the background, the Ambassador Ads, which are part of Spotify's marketing budget, was not money well spent. White-noise podcasts feature loops of calming sounds, ranging from thunderstorms and bird calls to pure static noise.
Persons: Lizzie Widhelm, Ashley Carman Organizations: Bloomberg, Morning, Spotify
The first time I worked at Amazon I was on the same team the entire time, so I was already looking for a change. That was sort of the final thing that pushed me to look outside of Amazon and take a new job. I'm angry, I'm frustrated. I've never seen Amazon make any sort of large-scale, top-down mandate like this without some sort of reason behind it. The jobs I'm looking at are significant pay cuts.
Persons: Andy Jassy, It's, I've, I'm, Slack, Brad Glasser, we've Organizations: Amazon Locations: Amazon, Seattle
Top economist David Rosenberg expects a US recession to hit within 6 months. The Fed's 11 interest rate hikes amount to one of the most aggressive tightening campaigns ever, and to the economist, that doesn't bode well for the coming months. "We've had the biggest interest rate shock since 1981, if I'm not mistaken. "Most of these recessions [since World War II] were not caused by a fiscal shock, but interest rate shocks. "We've had a massive interest rate shock, we haven't seen the full impact yet.
Persons: David Rosenberg, Blockworks, Blockwork's Jack Farley, doesn't bode, We've, I'm, impact's, we're, it's Organizations: Morning, Rosenberg Research, Associates, Fed Locations: China, Federal, happenstance
Elon Musk's brother, Kimbal Musk, and Google cofounder Sergey Brin have been spotted at Burning Man. Two of the biggest tech camps have been severely flooded, attendees told WSJ. Another tech founder said they abandoned their luggage and waded through ankle-deep mud. AdvertisementAdvertisementElon Musk's brother, Kimbal Musk, and Google cofounder Sergey Brin have been spotted at Burning Man as attendees continue to battle chaotic conditions. Another tech founder said she had to ditch her luggage and wade through ankle-deep mud.
Persons: Elon Musk's, Kimbal, Sergey Brin, Brock Pierce, Elon Musk, Mark Zuckerberg, Elizabeth Holmes, Google cofounders Brin, Larry Page, Eric Schmidt, Brin Organizations: Wall Street, Rock City, Meta, Google, Musk Locations: Rock
According to Goldman's chief economist, Jan Hatzius, some 25% of all US workers work from home at least part of the week. So, which Wall Street firms are still letting employees work from home at least part of the time? On days employees are in, the firm focuses on taking "advantage of our shared location," it reads. At that time, the firm called for its employees to come into the office a minimum of three days a week. Since then, most employees have been in the office throughout the week, according to a person familiar with the firm.
Persons: Goldman Sachs, David Solomon, Citadel's Ken Griffin, Joe Biden, Jan Hatzius, Hatzius, Jamie Dimon, Goldman, Goldman Sachs Goldman Sachs, , Dimon, JPMorgan Gretchen Ertl, Jane Fraser, she's, Fraser, they're, Citigroup Patrick, Fallon, Brian T, Moynihan, Bank of America Shannon Stapleton, Reuters Morgan Stanley Morgan Stanley's, James Gorman, Gorman, Gorman doesn't, Morgan Stanley, we're, James Gorman SAUL LOEB, Larry Fink, Larry Fink Spencer Platt, Citadel's Griffin, Griffin, Raj Mahajan, Ken Griffin, Milken, Mike Blake, Blackstone, Stephen Schwarzman Roy Rochlin, Nir Bar Dea, Izzy Englander's Organizations: JPMorgan, Blackstone, Morning, Citadel, Bloomberg, Business, Deloitte, JPMorgan JPMorgan, Goldman, Citigroup, Street, Bank, Economic, Getty Images Bank of America Bank of, Bank of America, Reuters, Getty, BlackRock BlackRock, Yards, Labor, Fox, BlackRock, Citadel Securities, Blackstone Blackstone, Bridgewater Bridgewater Associates, Bridgewater Associates, Bridgewater Locations: Citadel, Davos, Switzerland, New York City
The leader of tech's favorite texting app suspects there will never be a WeChat in the U.S.Elon Musk is attempting to turn Twitter, renamed X, into just such an app. AdvertisementAdvertisementThe odds of Elon Musk turning Twitter into the next "super app" are slim, according to the president of Signal. Signal is a fully encrypted app for calls and texts that is widely used in the tech industry, including by Musk. "People have been talking about it for years, and we still don't have a super app," she said in an interview with Swiss magazine Schweizer Monat. Meta, formerly known as Facebook, has also been attempting for a couple of years to build WhatsApp into something akin to a super app.
Persons: Elon Musk, Meredith Whittaker, Signal's, Whittaker, Schweizer, Musk, Linda Yaccarino, Mark Zuckerberg, Dara Khosrowshahi, Uber Organizations: U.S, Elon, Twitter, Morning, Google, Swiss, Facebook Locations: China, Asia, WeChat, Japan, Kakao, Korea, U.S, West
The hashtag #BanTheADL began trending after a meeting between X CEO Linda Yaccarino and ADL CEO Jonathan Greenblatt. Musk appeared to support the effort, claiming ADL is intentionally trying to sabotage X. The ADL has documented a rise in hate speech on X following Musk's acquisition last year. AdvertisementAdvertisementIn a series of posts on Monday, Elon Musk said X, formerly known as Twitter, may have no choice but to file a defamation lawsuit against the Anti-Defamation League (ADL). Musk claimed that the ADL is "trying to kill" the platform by "falsely accusing" him and it of being anti-semitic.
Persons: Linda Yaccarino, Jonathan Greenblatt, Musk, Elon Musk, Joseph Greenblatt, Keith Woods, Musk's Organizations: ADL, Anti, Defamation League, Twitter, @ADL
Mercedes is headed for the release of a new EV that gets more mileage on a single charge than Tesla. AdvertisementAdvertisementThe mileage range of a new fully electric car from Mercedes could easily outshine that of any Tesla. Its current range on a single charge, Mercedes says, is 466 miles, beating by about 70 miles the longest proposed range of any Tesla, the electric car company run by Elon Musk. "This car is extremely important for innovation reasons and to push the limits for what we can do with a series car." Some Tesla drivers have noticed that the range they could actually drive on a single charge was often half of what was promoted by the car company.
Persons: Mercedes, Elon Musk, Markus Schäfer, Tesla Organizations: Mercedes, Internationale, Bloomberg, Elon, Reuters, Drivers Locations: Munich
An LA-based tech worker told Insider they stay at their job because it's convenient. The job is convenient because I can work remotely from my home in LA, but otherwise, I'm a "grumpy stayer" because I'm not completely happy with my work situation. HR and the executive team don't like that I'm an advocate and likely see me as grumpy or difficult, but I don't care. Leaving one mediocre job for another feels pointless, and I don't expect better working conditions. I'm a grumpy stayer because the economy is too crazy to return to full-time freelance.
Persons: I've, I'm, doesn't, we've, didn't, It's, — she's, they're Organizations: Management, Morning Locations: LA, New York
AdvertisementAdvertisementVoting is underway among 85,000 Kaiser Permanente healthcare workers on whether or not to authorize what would be the largest healthcare strike in US history. But despite the possibility of an interruption to their healthcare, some Kaiser Permanente patients are siding with the workers. What the strike could mean for Kaiser Permanente patientsThe Coalition of Kaiser Permanente Unions represents employees across dozens of roles at the company, including admissions staff, cleaners, phlebotomists, surgery assistants, and others. Mike Blake/ReutersShort staffing prevents quality healthcare, Kaiser Permanente patients and workers sayShort-staffing is the No. Dardon said the union effort has received a significant amount of support from Kaiser Permanente patients.
Persons: Kaiser, Mark Mason, Mason, Keven, Dardon, Mike Blake, Miriam De La, there's, De La Paz, Mason he'd, Kaiser Permanente, we've Organizations: Kaiser Permanente, Permanente, Kaiser Permanente Unions, Coalition, Healthcare, Miriam De La Paz Locations: Oregon, Kaiser
Colin Huang, the founder of ecommerce giant Pinduoduo, is currently China's fourth-richest person. Huang, who is worth $34 billion, owns 28% of Pinduoduo, the parent company of Temu. Huang was part of the team that launched Google China. Pinduoduo takes a small commission and charges sellers to promote their products on its app, but doesn't hold any stock. Just a year ago, Pinduoduo launched its cut-price shopping app Temu in the US.
Persons: Colin Huang, Huang, Colin Huang isn't, He's, Pinduoduo Organizations: Google, Morning, Sony, Bloomberg Locations: Google China, China, New York
Cooper discussed the challenges of covering a Trump in an interview with the NYT. He said there was a "steep learning curve in figuring out how to deal with a candidate who is completely willing to lie." Cooper also defended CNN's town hall with Trump, calling him a "front-runner" in the Republican presidential primary. "There was a steep learning curve in figuring out how to deal with a candidate who is completely willing to lie and lies repeatedly and often," Cooper told the NYT. Aside from the challenges posed by Trump, Cooper also reflected on broader developments in the media landscape.
Persons: Cooper, Donald Trump —, Anderson Cooper, Michael Cohen's, Trump, CNN's, Chris Licht, Licht, — Cooper, Eric Sevareid — Organizations: Trump, Republican, Morning, New York Times, CNN, Republican Party, GOP, Cronkite Locations: CNN's, Trump
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