DIRS.INFO The most relevant business & tech news

☆ MDMA therapy could be legalized by summer. Why are so many advocates sounding the alarm?
▼ + stars: | 2024-05-13 | by ( Anna Silman | ) www.businessinsider.com time to read: +52 min

Last summer, thousands of tie-dyed Burners and Patagonia-clad tech founders converged on the MAPS Psychedelic Science conference in Denver. The experience "broke the spell of this trauma, and she was able to rebuild her life," Doblin told The Guardian . The video team's job was to store recordings of every MDMA therapy session performed in the clinical trials. Grof believes in something called an "inner healing intelligence," an innate capacity for self-healing that psychedelic therapy helps unleash. Another time, a patient who had come to an MDMA therapy session later acknowledged they had been under the influence of LSD during treatment.

Persons: Jaden Smith, Aaron Rodgers, bro, Andrew Huberman, Rick Doblin, Doblin, mainstreaming psychedelics, influencers, Johnson, Elizabeth Nielson, Aubrey Marcus, ayahuasca, Matthew Stockman, Helena —, Timothy Leary, —, Hitler, Stanislav Grof, zombified, Brad Burge, Michael Mithoefer, Annie Mithoefer, Oprah, Sen, Joe Biden, MDMA's neurotoxicity, they'd, Albert Hofmann, David Bronner, Dr, Joe's, Bronner, Bronner's, Richard Rockefeller, John D, Rockefeller Jr, Rockefeller, Neşe, Johns Hopkins, who's, Devenot, Rick Friedman, Betty Aldworth, MAPS's multimillionaire, Tim Ferriss, Cody Swift, Zendo, Aldworth, Erica Siegal, Seth Whitelaw, Amy Emerson, JULIE JAMMOT, Ifetayo Harvey, Harvey, Lauren Unger, Unger, Casey Hardison, Harvey didn't, Hardison, Doblin's, Baylee Ybarra Gatlin, Gatlin, negligently, There's, Michael Pollan's, Steve Jurvetson, Elon Musk's who's, Genevieve, Steve Cohen, Alexandra, Mark Zuckerberg's, Dustin Moskovitz, Cari, Gwyneth Paltrow, Paltrow, Sergey Brin, Joe Green, Green, Zuckerberg, Genevieve Jurvetson, Michael Pollan, Jonathan Lubecky, he'd, Rebekah, Robert Mercer, Elizabeth Koch, Charles Koch, Rachel Nuwer, Koch, she'd, MAPS's, Elizabeth Crystal, Joe Rogan, didn't, Jesus Christ, Crystal, Meaghan Buisson, Richard Yensen, Donna, Yensen, Buisson, weren't, Robert, Rebekah Mercer, Sean Zanni, Grof, They've, Kayla Greenstien, it's, George Sarlo who'd, Vicky Dulai, Sarlo's, Dulai, Gul Dolen, Michael Mullette, who'd, Marla Aufmuth, Mullette, Lily Kay Ross, David Nickles, Ross, Greenstien, Rick, Lenny Ignelzi, biostatisticians, Lykos, Peter Thiel, Kara Swisher, Kris Lotlikar, Federico Menapace, Mo Septimus, Handout, Monnica, Williams, Lotlikar, Henry Elkus, Helena ., Elkus, Emerson, ICER Organizations: Science, New York Jets, rockstar, Multidisciplinary Association for Psychedelic Studies, Lykos Therapeutics, and Drug Administration, FDA, Business, Florida's New College, Jewish Telegraphic Agency, Sarasota Herald, Tribune, New College, Guardian, Drug, Harvard's Kennedy School of Government, eBay, Nevada, Doblin, Pentagon, Department of Veterans Affairs, Department of Defense, Staff, Corporation, PBC, pharma, New Yorker, New York Mets, Bloomberg, CBS, Breitbart, CBC News, BI, Porsche, Santa Cruz, New York Times, longtime, Mullette Corporation, New York, Health Canada, Compass, Sciences, Psychedelic Science, Whole Foods, McKinsey, Big Pharma, Vine Ventures, Lucid, Street Journal, Investments, Gawker, Publicly, PBC alums, Numinus, US Army Locations: Patagonia, Denver, Harvard, Colorado, Skokie , Illinois, Ireland, Czech, Sarasota, Arcturus, Florida, Swiss, Vietnam, Washington, Santa Cruz, Chicago, California, Iraq, British Columbia, New York, Hawaii, Santa, Nature, Moderna, Europe, Helena, Yale, Australia, Canada, Israel, Ukraine, ICER, . Upper

☆ Just how bad are ultraprocessed foods? Here are 5 things to know
▼ + stars: | 2024-05-13 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

NOVA separates foods into four groups, starting with natural and minimally processed foods in the first category to ultraprocessed foods, which use industrial formulations and manufacturing techniques, in the fourth. Here are five things to know about ultraprocessed foods:Ultraprocessed foods are linked to bad health outcomesEating a lot of ultraprocessed foods isn’t healthy. We have one.”Ultraprocessed foods cause weight gainThat one randomized, controlled clinical trial showed that ultraprocessed foods actually caused people to gain weight. So, all those factors probably play a huge role in … the foods that we choose to eat in the real world.”Not all ultraprocessed foods are badSome ultraprocessed foods can provide important nutrients, such as whole wheat bread and yogurt. “Which goes to show that not all ultraprocessed foods necessarily drive this effect.”Hall’s team is conducting a new study to tease out which ultraprocessed foods are harmful and which are neutral, or even healthy.

Persons: Marion Nestle, Meg Tirrell, Paulette Goddard, Nestle, ”, ” Nestle, Kevin Hall, ” Hall, Tirrell, shouldn’t, you’re, we’re Organizations: CNN, University of São Paulo, NOVA, Nestle, New York University, National Institute of Diabetes, National Institutes of Health Clinical, ”, National Health, US Department of Agriculture, US Food and Drug Administration Locations: Brazil, Bethesda , Maryland

CNN —Pro-Palestinian encampments were cleared from at least three college campuses early Friday, marking some of the latest examples of schools using law enforcement to respond to demonstrations that have popped up across the country in recent weeks. Police begin dismantling protest encampment at University of Pennsylvania: Police ordered protesters to leave their encampment early Friday morning. Signs and flags are seen at a pro-Palestinian encampment on the lawn of the Stratton Student Center at the Massachusetts Institute of Technology in Cambridge, Massachusetts, on Thursday. Rick Friedman/AFP/Getty ImagesMIT encampment dismantledDemonstrators chanted messages like, “Free Palestine” as police dismantled the pro-Palestinian encampment on the Cambridge, Massachusetts, campus early Friday, video from CNN affiliate WFXT showed. On Thursday, fewer than 10 students were arrested on campus, according to the university.

Persons: United Nations Linda Thomas, Greenfield, Reynold Verret, won’t, Donna Shalala, Rick Friedman, WFXT, Francesca Riccio, Ackerman, Andy Rose Sam Simpson, Rob Frehse, Zenebou Sylla Organizations: CNN — Pro, Massachusetts Institute of Technology, Law, The University of Arizona, . Police, University of Pennsylvania : Police, Daily, Police, ” Police, CNN, WPVI, Xavier University, UN, US, United Nations, Hamas, The New, New York City, Faculty Senate, Stratton Student, Getty, MIT Locations: College, Louisiana, Israel, Stratton, Cambridge , Massachusetts

CNN —As one of the lead negotiators for students protesting inside the grounds of Columbia University, Mahmoud Khalil said his primary objective was to get the university to sever all financial ties with Israel. Khalil said Columbia never put anything in writing, instead making offers verbally. But without a firm promise, Columbia’s offer didn’t go far enough for Khalil and other protesters, since the university had previously rejected divestment proposals. Khalil said they then presented Columbia with another offer: Rather than dump Israel-tied investments, Columbia could instead divest from weapons manufacturing companies and any companies complicit in violating international law. NYPD officers in riot gear march onto Columbia University campus, where pro-Palestinian students are barricaded inside a building and have set up an encampment, in New York City on April 30, 2024.

Persons: Mahmoud Khalil, “, Israel, …, ” Khalil, Khalil, Columbia, Brown, Minouche Shafik, Lockheed Martin, Kena Betancur, ”, Shafik, Ben Sasse, it’s, Columbia’s, Lee Bollinger, Bollinger, Stephanie Keith, Columbia College –, Hedge, Leon Cooperman, Cooperman, Robert Kraft, Luigi Zingales, Zingales, ” Shafik, he’s, “ There’s Organizations: CNN, Columbia University, Brown University, Columbia, Dynamics, Caterpillar, West Bank, Columbia University campus, Getty Images Columbia, New York Police Department, Jewish, Northwestern University, CNN’s, Union, Sunday, University of Florida, Columbia Daily Spectator, Human Rights Watch, Israel’s Ministry of Foreign Affairs, Defamation League, University, Columbia College, ”, New England Patriots, University of Chicago’s Booth School of Business, Times Locations: Israel, Columbia, Gaza, Palestinian, New York City, AFP, CNN’s “ State, South Africa, United States, ”

A core demand over by the pro-Palestinian student groups at Columbia University was for the school to withdraw investment funds from what they describe as companies profiting from Israel’s war in Gaza. The group has described those companies as profiting “from Israeli apartheid, genocide, and military occupation of Palestine.” Israel denies accusations of genocide. Columbia now lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions made in the past decade. Columbia was also the first Ivy League university to divest from South Africa, and various other colleges followed suit. In 2015, Columbia became the first US university to divest from private prison companies after a student campaign raising concerns about human rights abuses.

Persons: ” Israel Organizations: Columbia University, Columbia, Ivy League, Columbia’s, Trustees Locations: Gaza, Palestine, Columbia, Sudan, South Africa

☆ Columbia protesters' demands have worked before. This time may be different.
▼ + stars: | 2024-04-30 | by ( Paul Squire | ) www.businessinsider.com time to read: +9 min

Read previewThe unrest at Columbia University isn't showing signs of slowing down. In the 1980s, student protesters at Columbia took over the same building and called for divestment of the Ivy League school's investments over a different cause: South African apartheid. Student protesters at the 1985 demonstrations at Columbia University. Protesters there locked and chained the doors to Hamilton Hall — the same building now occupied by pro-Palestinian protesters — and demanded the school completely divest from South Africa. A more fraught situationOn its website, the Columbia University Apartheid Divest group likened itself to the protests from nearly 40 years ago.

Persons: —, It's, Lockheed Martin, Alex Kent, Joe Biden, Mike Johnson, she's, Barbara Alper, didn't, Ronald Reagan, Biden, Benjamin Netanyahu, Netanyahu, Nemat, Shafik, Nicholas Dirks, Divesting, Christopher Marsicano, Al, Marsicano Organizations: Service, Columbia University, Columbia, Ivy League, Business, Lockheed, Boeing, NPR, Hamilton Hall, Getty, Columbia University Apartheid, White, Student, New York Times, Times, Coalition, Columbia Spectator, Spectator, The New York Times, Hamas, University, Socially, University of California, CNN, North Carolina's Davidson College Locations: Israel, Gaza, Columbia, divesting, Hamilton, South Africa, Vietnam, Rafah, Berkeley, Al Jazeera

☆ Inside the investing strategy of Hunterbrook Capital, the news-driven hedge fund. Can it succeed in a ruthless industry?
▼ + stars: | 2024-04-29 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +6 min

Small team, limited scopeThe hedge fund makes trades based solely on news from Hunterbrook Media, its media sister company, sometimes getting advanced copies of the articles and placing trades before publication. AdvertisementThe hedge fund, however, has just one sole full-time employee. Before a story is published on Hunterbrook Media, the firm's general counsel reviews it to make sure there's not any insider information — such as leaked earning figures — in it. AdvertisementIf the general counsel and the executives green light the story to be shared, then it goes to the hedge fund — in other words, Dunlevie and Horwitz — prepublication. Opportunities few and far between so farInvestigations from Hunterbrook Media so far have less than a 50% hit rate on turning into trades for the hedge fund.

Persons: —, Nate Anderson's Hindenburg, Carl Icahn's, Nathaniel Horwitz, Matt Murray, Paul Steiger, Bethany McLean, That's, Courtney Dunlevie, Horwitz, Sam Koppelman, Brian Koppelman, Dunlevie, Horwitz — prepublication, isn't, It's Horwitz, Matt, Pulitzer, Tony Horwitz, Geraldine Brooks, Cash, Hunterbrook, Marc Lasry, David Fialkow, Matt Cherwin, we're, " Horwitz Organizations: Service, Business, Hunterbrook, Hunterbrook Media, Wall Street, Barclays, Commonstock, Phoenix Suns, Avenue Capital, Catalyst, JPMorgan Locations: Italian, Korean, Brazil

☆ Columbia student protestors are demanding ‘divestment.’ Here’s what the university has divested from in the past
▼ + stars: | 2024-04-27 | by ( Clare Duffy | Ramishah Maruf | ) edition.cnn.com time to read: +7 min

Columbia University Apartheid Divest submitted a formal proposal to the committee for withdrawing investments related to Israel in December, which has yet to yield success. Students at Columbia College, the university’s undergraduate school, voted to support the divestment proposal last week. Heading a nationwide South Africa divestment movementCurrently, Columbia lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions that were made in the past decade. In April 1985, students led a three-week student demonstration against Columbia’s investments in South Africa, the New York Times reported at the time. Pete Seeger, right, speaks to the crowd at Columbia University as hundreds of students continued to protest the school's ties to South Africa, April 8, 1985.

Persons: ” Israel, Catherine Elias, Daniel Armstrong, “, ” Armstrong, Pete Seeger, Frankie Ziths, G4S, Karla Ann Cote, divests, ”, Savannah Pearson, Michael Cusack Organizations: New, New York CNN, Columbia University, Columbia University Apartheid, —, Columbia, Columbia College, CNN, Coalition, New York Times, American Express, Ford, Ivy League, University of California, Johns Hopkins University, University of North, Corrections Corporation of America, Library, “, Columbia’s, Trustees, Columbia’s Teachers College Locations: New York, Gaza, Palestine, Columbia, Vietnam, Upper Manhattan, Israel, South Africa, Sudan, Los Angeles, Chevron, Berkeley, University of North Carolina, Hill, South, United States

CNN —A rabbi associated with Columbia University’s Orthodox Union Jewish Learning Initiative on Campus recommended that Jewish students “return home as soon as possible and remain home” amid ongoing protests denouncing the war in Gaza and demanding the university divest from Israel. Recent events at the university “have made it clear that Columbia University’s Public Safety and the NYPD cannot guarantee Jewish students’ safety,” Buechler wrote in the message. By contrast, the campus Hillel said in a Sunday post on X that they “do not believe that Jewish students should leave” the campus. “Columbia students organizing in solidarity with Palestine – including Jewish students – have faced harassment, doxxing, and now arrest by the NYPD. These are the main threats to the safety of Jewish Columbia students,” Jonathan Ben-Menachem, a PhD student, told CNN.

Persons: CNN —, “, Rabbi Elie Buechler, Barnard Hillel, Jake Tapper, ” Buechler, Hillel, –, ” Jonathan Ben, Menachem, ”, ’, Yonah Hain, John Chell, Israel Organizations: CNN, Columbia, Orthodox Union Jewish Learning, Jewish, Public, “ Columbia University, University Administration, Broadway, NYPD, Jewish Columbia, “, Gaza Solidarity, Center, Columbia University, Columbia University Apartheid, –, Justice, Peace, Yale, Harvard, University of North, Boston University, International Court, United Nations ’ Locations: Gaza, Israel, of New York, Amsterdam, ”, Palestine, university’s, University of North Carolina, South Africa

Asked for proof of his claim that Mr. Biden was personally directing the local cases against him, Mr. Trump pointed to purported ties between prosecutors and “Washington,” but provided no evidence that Mr. Biden had been involved in any of the hiring decisions, conversations or meetings that Mr. Trump cited. The writer E. Jean Carroll filed her first lawsuit against Mr. Trump in November 2019, accusing him of defamation. Faulty and irrelevant comparisonsWhat Mr. Trump Said“I got indicted more than Al Capone.”— in a rally in Ohio in MarchFalse. Mr. Hur described Mr. Biden as a “well-meaning, elderly man with a poor memory” who had “diminished faculties and faulty memory.” He did not declare Mr. Biden mentally incompetent to stand trial. Inaccurate attacks on judgesWhat Mr. Trump Said“Judge Juan Merchan is totally compromised, and should be removed from this TRUMP Non-Case immediately.

Persons: Donald J, Trump, President Biden, Trump’s, ”, Trump Said “ Biden, General Merrick B, Garland, Trump “, Biden, Mr, Doug Mills, Trump Said, Jack Smith, Merrick Garland’s, Fani Willis, Letitia James, Alvin L, Bragg, Matthew Colangelo, Colangelo, —, James’s, Colangelo’s, Bragg ramped, Willis, Willis — Nathan J, Wade, Ketanji Brown Jackson, Kamala Harris, Harris, Crooked Joe Biden, James, Jean Carroll, Smith, Brittainy Newman, Alexei Navalny, Navalny, Letitia James ’, Hunt, PolitiFact, Trump Said “, Al Capone, Capone, Brad Schwartz, Hillary, Bill, Bush, Reagan, Hillary Clinton, Clinton, Bill Clinton’s, Taylor Branch, Branch, “, Barack Obama, George W, Bill Clinton, George H.W, Ronald Reagan, Robert K, Hur, Biden’s, Juan Merchan, Loren, Loren Merchan, Merchan, Merchan’s, Justice Merchan, Ahmed Gaber, Arthur F, Justice Engoron, Engoron Organizations: New York, Democratic Party, Trump, Justice Department, The New York Times, The, White House, Trump . Credit, New York Times, American People, Biden Administration, Prosecutors, Mr, Manhattan, Washington, Fox News, New, Times, White, Counsel’s Office, Supreme, Black, Trump Organization, Democrat, Companies, Exxon Mobil, Trump Foundation, Trump University, Associated, National Archives, Records Administration, TRUMP, Twitter, Credit Locations: Manhattan, Georgia, Trump ., Washington, New York, “ Washington, Fulton County ,, Russian, New, Ohio, Fla, South Carolina, Trump’s Florida, Beach

☆ Hush money judge eviscerates Trump's 'untenable' motion to delay trial due to 'pretrial publicity'
▼ + stars: | 2024-04-12 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Read previewDonald Trump's hush money trial remained on track for Monday jury selection after the judge on Friday night denied — in no uncertain terms — a defense bid to delay the trial indefinitely due to prejudicial pretrial publicity. "This is not tenable," the trial judge, New York Supreme Court Justice Juan Merchan , said in his decision, noting that much of the pretrial publicity has been caused by Trump himself. "Defendant appears to take the position that his situation and this case are unique and that the pre-trial publicity will never subside," the judge wrote in Friday's decision. The poll "provides no information about how it obtained the contact information of respondents or how it ensured its samples were actually random or representative," the judge wrote. Last week, Trump lost a Manhattan appellate court bid for an emergency delay of the trial on pretrial publicity grounds.

Persons: —, Donald, Juan Merchan, Trump, Joe Biden, Kamala Harris, Merchan, Defendant, Jean Carroll, Susan Necheles, Todd Blanche, Trump's, pollsters, Prosecutors, Attorney Alvin Bragg, Stormy Daniels, Daniels Organizations: Service, New, Business, Court, Federal, Defendant, Defense, Prosecutors, Manhattan, Attorney, Trump Organization Locations: Chicago, Manhattan

☆ FCC rolls out mandatory ‘nutrition labels’ for internet providers’ plans
▼ + stars: | 2024-04-10 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

Consumer broadband labels will be required for internet providers starting on Wednesday — in many cases in both English and Spanish. Known as “consumer broadband labels,” the FCC-mandated disclosures must be offered at the point of sale both online and in stores — and in many cases, in both English and Spanish. In 2016, an FCC advisory committee first released a version of the disclosures that providers were not required to adopt. Then, under the 2021 bipartisan infrastructure law, the FCC moved to implement mandatory broadband disclosure labels and held a lengthy process to design and finalize them. Because providers will be required to prominently display the labels, FCC officials will be monitoring for evidence or consumer complaints about non-compliance, which could lead to agency investigations or fines.

Persons: ” Alejandro Roark, Roark, “ We’re, ” Organizations: CNN, Federal Communications Commission, White, Consumer, FCC, Biden, Comcast, Verizon, AT Locations: —

☆ Breaking down Trump’s attacks on the daughter of the judge in his New York hush-money trial
▼ + stars: | 2024-04-06 | by ( Marshall Cohen | ) edition.cnn.com time to read: +10 min

The judge ruled that Trump’s “dangerous rhetoric” threatens the integrity of the looming trial, which is scheduled to begin April 15. Here are the facts about Trump’s recent attacks against Merchan’s daughter, and how this sideshow could affect the first-ever criminal trial of a former American president. He deployed this same tactic in the New York case, but went even farther by targeting Merchan’s adult daughter, Loren Merchan. He used the image to argue that Loren Merchan and her father are biased against him. “The X, formerly Twitter, account being attributed to Judge Merchan’s daughter no longer belongs to her since she deleted it approximately a year ago,” court spokesman Al Baker said last week.

Persons: Donald Trump, Judge Juan Merchan, Trump, Merchan’s, don’t, Stormy Daniels, Loren Merchan, Merchan, ”, Joe Biden, didn’t, ‘ Get, ’, Loren Merchan’s, Kamala Harris ’, Biden, Harris, Gretchen Whitmer, Katie Hobbs, Adam Schiff, Trump’s, Schiff, Laura Loomer, Judge Merchan’s, Al Baker, Loren, “, Judge Merchan, Attorney Alvin Bragg, ” Merchan, Joey Jackson, CNN’s Dana Bash, ” Jackson, that’s, ” CNN’s Daniel Dale, Jeremy Herb, David Wright Organizations: Washington CNN, Democratic, Trump, Super Liberal Democrat, ‘, ‘ Get Trump, New York, CNN, Authentic, Michigan Gov, Arizona Gov, Democratic Party of Wisconsin, House Democrats, California, Senate, The Spectator, Twitter, Manhattan, Attorney Locations: New York, American, “, Arizona, York

☆ Trump Asks Trial Judge to Step Aside, Aiming Again at His Daughter
▼ + stars: | 2024-04-02 | by ( Ben Protess | ) www.nytimes.com time to read: +1 min

Donald J. Trump, desperate to delay his criminal trial in Manhattan this month, has renewed a request for the judge overseeing the case to step aside, the latest twist in the former president’s attacks on the judge’s integrity — and family. In a court filing made public Tuesday, Mr. Trump’s lawyers argued that the judge, Juan M. Merchan, has a conflict of interest because his daughter is a political consultant who has worked with Democratic candidates. The lawyers also claimed that her company, Authentic Campaigns, has used social media to deride Mr. Trump, the presumptive Republican presidential nominee, and tout its connections to President Biden. “Your honor has an interest in this case that warrants recusal.”The Manhattan district attorney’s office, which brought the case against Mr. Trump, fired back, noting that Justice Merchan had previously declined to recuse himself, citing a state advisory committee on judicial ethics. They argued that Mr. Trump had offered no new evidence, other than “a daisy chain of innuendos,” and said that he had made “multiple attenuated factual leaps here that undercut any direct connection between Authentic and this case.”

Persons: Donald J, Trump, Juan M, Biden, “, Mr, Todd Blanche, Susan Necheles, Merchan, ” Organizations: Democratic, Authentic Locations: Manhattan

☆ Trump has found a new way to attack judge's daughter in hush-money case despite gag order
▼ + stars: | 2024-04-02 | by ( Laura Italiano | ) www.businessinsider.com time to read: +4 min

An expanded hush-money gag bars attacks on the judge's daughter, a Democratic campaign consultant. On Tuesday, Trump found a way around the gag, attacking the daughter in a legal filing instead. AdvertisementDonald Trump has found a work-around for a newly-expanded gag order that bars him from attacking the Democratic campaign-consultant daughter of his hush-money judge: attacking the daughter through legal filings instead. Manhattan prosecutors did not immediately respond to the recusal request, but have called Trump's attacks on the judge's family members "dangerous" and "reprehensible." "This Court and the Advisory Committee on Judicial Ethics have already determined that such a claim provides no basis for recusal," prosecutors countered on Tuesday night.

Persons: Trump, Trump's, —, Donald Trump, Loren Merchan, Juan Merchan, Loren Merchan's, Joe Biden, Kamala Harris, Susan Necheles, Todd Blanche Organizations: Democratic, Service, Authentic Locations: Manhattan

☆ US scientists are leaving academia. That’s bad news for drug companies
▼ + stars: | 2024-04-01 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +5 min

“Science postdocs perform the science,” Donna Ginther, an economist who studies the science labor market at the University of Kansas, told CNN. Biomedical companies take scientific contributions and, over time, aggregate them into a commercial product. Building on the discovery of mRNA in the 1960’s, the technology behind an mRNA vaccine for humans was in development for decades before the Covid-19 vaccine was first administered in 2020. By using that technology to develop their mRNA vaccines for Covid-19, pharmaceutical companies like Pfizer and Moderna made a windfall in profits. “That’s how they make money is through commercialization: they have a product, which they then patent and sell.”Why are scientists leaving academic labs?

Persons: postdocs, Donna Ginther, “ They’re, Michael Ciaglo, ”, “, Nobel, Dr, Katalin Kariko, ” Ginther, they’re, Ginther Organizations: New, New York CNN —, National Institutes of Health, NIH, National Science Foundation, University of Kansas, CNN, ”, Pfizer, Moderna, Wired Magazine, NSF, World Health Organization Locations: New York, United States, Denver , Colorado, Europe, Alzheimer’s

☆ What's up with Trump and Chubb? Insurance giant balks at underwriting fraud-case bond days after blowback from E. Jean Carroll bond
▼ + stars: | 2024-03-18 | by ( Laura Italiano | ) www.businessinsider.com time to read: +5 min

Ten days ago, Chubb underwrote Trump's $92 million bond for his E. Jean Carroll defamation appeal. But Chubb declined to handle the far higher appeal bond Trump now needs in his NY civil fraud case. The insurance giant had faced blowback after agreeing to the Carroll bond. Chubb's "no, thanks" comes just five days after the company's CEO, Evan Greenberg, sent a letter to brokers, clients, and investors addressing widespread criticism over the Carroll bond. The Carroll bond was underwritten by Chubb subsidiary Federal Insurance Company.

Persons: Chubb, Trump's, Jean Carroll, Trump, Carroll, —, Donald Trump's E, Evan Greenberg, Greenberg, Nick Newton, Newton, Neil Pederson, Pedersen, it's, Letitia James, James, Alan Garten Organizations: Service, GOP, Trump, Insurance, Business, Chubb, Insurance Company, National Association, Bond, Sons, New York, Trump Organization Locations: New York, York, AssuredPartners, Manhattan

☆ Out of options, Trump will pay $500M cash bond to appeal his NY fraud case, experts predict. Not paying will hurt even more.
▼ + stars: | 2024-03-09 | by ( Laura Italiano | Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Trump must stow $500M cash in a bank to cover the appeal bond for his NY fraud case, experts say. His next appeal bond will cost him far more. By posting another appeal bond. Similar to the more familiar jail bond, an appeal bond is a promise of payment that's backed by collateral, meaning cash or property. The premium on a half-billion-dollar appeal bond could run anywhere from $250,000 to north of one million dollars, just to purchase the bond, experts guestimated.

Persons: Trump, —, Donald Trump, Jean Carroll, Letitia James —, Sheriff, Eric Snyder, Snyder, Arthur Engoron, Wilk Auslander, He's, Julie Alleyne, Carroll, Chubb, Evan G, Greenberg, Neil Pedersen, Pedersen, Alleyne, Cash, Jeff Bezos, Elon Musk, Christopher Kise, — Chubb, Letitia James, James, Roy Rochlin, Justin Sullivan Organizations: stow, Service, Trump, New York, New, NRA, Fox, Wilk, Fidelity Association of America, Federal Insurance Company, Chubb Group, Sons, Forbes, Bloomberg, ABC, Midtown, Financial, Getty Locations: NY, Manhattan, New York, New York City, Americas, Midtown Manhattan, New Yorkers

☆ Stocks making the biggest moves midday: Nvidia, Marvell Technology, Costco, Eli Lilly and more
▼ + stars: | 2024-03-08 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Marvell Technology — The chip company sank more than 11% on light first-quarter earnings and revenue guidance. Marvell Technology said it anticipated adjusted earnings of 23 cents per share for the first quarter, below the 40 cents expected by analysts polled by LSEG, formerly known as Refinitiv. Samsara posted $276 million in revenue, compared to analysts' expectations for $258 million, per LSEG. DocuSign reported adjusted earnings of 76 cents per share on revenue of $712 million for the period. Analysts polled by LSEG had called for earnings of 64 cents per share on $699 million in revenue.

Persons: Carvana, Eli Lilly —, Goldman Sachs, MongoDB, NYCB, DocuSign, LSEG, Morgan Stanley, Yun Li, Jesse Pound, Pia Singh, Sarah Min, Michelle Fox, Hakyung Kim Organizations: Nvidia —, Nvidia, Marvell Technology, LSEG, RBC Capital Markets, Costco, U.S . Food, Drug Administration, Broadcom, Textron — Textron, Bank of America, Old Navy, New York Community Bancorp, Moody's Investors Service, Amylyx Pharmaceuticals, UBS — U.S, UBS, Auto, Deutsche Bank Locations: U.S, Swiss, China

☆ F.D.A. Delays Action on Closely Watched Alzheimer’s Drug
▼ + stars: | 2024-03-08 | by ( Pam Belluck | ) www.nytimes.com time to read: +1 min

The Food and Drug Administration has decided to delay action on a closely watched Alzheimer’s drug, donanemab, which the agency was widely expected to approve this month. will instead require donanemab to undergo the scrutiny of a panel of independent experts, the drug’s maker, Eli Lilly and Company, said Friday. The decision is likely to surprise many Alzheimer’s experts, doctors and patients who had expected the medication would soon be on the market. The F.D.A.’s move was startling to the company, which had been planning for the agency to greenlight the drug during the first quarter of this year. “We were not expecting this,” Anne White, an executive vice president of Lilly and president of its neuroscience division, said in an interview.

Persons: Eli Lilly, “, Lilly, ” Anne White, ” Organizations: Drug Administration Locations: donanemab

☆ Stocks making the biggest moves premarket: Carvana, Gap, Eli Lilly, UBS and more
▼ + stars: | 2024-03-08 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

The database software maker posted adjusted earnings of 86 cents per share on revenue of $458 million. Analysts had called for earnings of 47 cents per share and $433 million in revenue, according to LSEG. DocuSign reported fourth-quarter adjusted earnings of 76 cents per share on revenue of $712 million for the period. According to analysts surveyed by LSEG, Wall Street had expected earnings of 64 cents per share on $699 million in revenue. Eli Lilly — Shares slipped 1% premarket after the U.S. Food and Drug Administration delayed approving its Alzheimer's drug, donanemab.

Persons: MongoDB, DocuSign, Deutsche, Li, Morgan Stanley, LSEG, Eli Lilly —, —, Sarah Min, Michelle Fox, Jesse Pound Organizations: RBC, Li Auto, Deutsche Bank, Navy, UBS — U.S, UBS, Marvell Technology, Broadcom, Revenue, Textron —, Bank of America, Textron, New York Community Bancorp, Moody's, U.S . Food, Drug Administration, Costco —, LSEG Locations: Swiss, U.S

☆ The Covid-19 pandemic killed off one strain of the flu, and that will change the next vaccines
▼ + stars: | 2024-03-05 | by ( Brenda Goodman | ) edition.cnn.com time to read: +4 min

Starting this fall, however, all the flu shots distributed in the United States will probably contain only three strains, and the change is because of Covid-19. It’s not quick or easy to change how flu vaccines are manufactured, and those changes require regulatory review and approval. The committee is meeting Tuesday to discuss next steps and vote on flu vaccine recommendations for the fall. “Anytime these flu vaccines are being produced, they are – depending on which vaccines you are talking about – using live or attenuated virus, and you do have to grow it,” she said. But as the authors note, any such change would require testing and regulatory approval, and for that reason, it’s not likely we’ll see the return of four-strain flu shots any time soon.

Persons: Covid, Yamagata, It’s, We’ve, ”, Paul Offit, Offit, Jodie Guest, Dr, Sanjay Gupta, Arnold Monto, Maria Zambon, Jerry Weir, it’s Organizations: CNN, World Health Organization, Food and Drug Administration, Vaccine Education, Children’s Hospital of Philadelphia, Biological Products Advisory, WHO, Emory University’s Rollins School of Public Health, Get CNN, CNN Health, New England, of Medicine, UK Health Security Agency Locations: United States, Victoria, Yamagata

☆ San Francisco Art Institute Headquarters Sold to Group Led by Laurene Powell Jobs
▼ + stars: | 2024-03-04 | by ( Robin Pogrebin | More About Robin Pogrebin | ) www.nytimes.com time to read: +1 min

The main campus of the bankrupt San Francisco Art Institute, which is home to a beloved Diego Rivera mural, has been sold to a new nonprofit organization led by the philanthropist Laurene Powell Jobs. The nonprofit, made up of local arts leaders and supporters including Powell Jobs, the widow of the Apple co-founder Steve Jobs, bought the campus — which has been plagued by debt — through a limited liability company, for about $30 million. The sale, reported earlier in The San Francisco Chronicle, includes “The Making of a Fresco Showing the Building of a City,” a 1931 mural by Rivera, which has been valued at $50 million and will remain in a viewing room. The former school will house an unaccredited institution that will include a residency program where artists can “develop their work and show their work,” said David Stull, the president of the San Francisco Conservatory of Music, who is a member of the new nonprofit organization’s advisory committee. He described the new center “as a platform for supporting artists and creating a center for the community around art.”

Persons: Diego Rivera, Laurene Powell Jobs, Powell Jobs, Steve Jobs, Rivera, ”, David Stull Organizations: San Francisco Art Institute, Apple, San Francisco Chronicle, San Francisco Conservatory of Music Locations: City, ”

☆ I'm an 83-year-old doctor who still works 50-hour weeks. I never give any thought to retirement — I still have things to contribute.
▼ + stars: | 2024-03-04 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +6 min

I'm working just as much now as I was when I was doing surgery. I still feel I could operate, but think patients might question it at my age. The work I'm doing now can potentially touch thousands of patients. The work that I'm doing, as well as exercising, is allowing me to use my brain, which develops neuroplasticity. I feel very fulfilled with what I'm doing now.

Persons: —, Dr, Joseph Maroon, I'd, I've, I'm, Chuck Noll, Maroon, Joseph Maroon I've, they're, There's, you've, there's, Joe Biden, Trump's, Joe, . Maroon Organizations: Service, University of Pittsburgh, Business, Pittsburgh Steelers, World Wrestling Entertainment, National Science Advisory, Chuck Noll Foundation, WWE, Air Locations: Pittsburgh

☆ Salesforce's top AI ethics leader says she's 'optimistic' on the path to U.S. regulation
▼ + stars: | 2024-03-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

BARCELONA — A top executive at Salesforce says she is "optimistic" that U.S. Congress will make new laws to regulate artificial intelligence soon. She noted that the need to consider guardrails has become a "bipartisan" issue for U.S. lawmakers and highlighted efforts among individual states to devise their own AI laws. "It's very important to ensure U.S. lawmakers can agree on AI laws and work to pass them soon," Goldman told CNBC. And I think it's very important that we have a set of guardrails around the technology," Goldman added. Goldman sits on the U.S. National AI Advisory Committee, which advises the Biden administration on topics related to AI.

Persons: Paula Goldman, guardrails, Goldman, We've, we're, that's, Biden Organizations: U.S . Congress, BARCELONA, CNBC, Mobile, Congress, Senate, U.S, National AI Advisory Locations: Barcelona, Spain, United States, EU

Search resuls for: "Advisory Committee"

25 mentions found