Archive for April, 2017

Private-equity firms and other investors are funding late-stage clinical trials, shouldering the risk for pharmaceutical companies like Pfizer in exchange for a share of the upside if a drug succeeds.

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Connor Mitchell's university classes take place online, he doesn't have any exams and he studies in a different country every year.

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It was like a scene out of The Art of the Deal. When President Donald Trump threatened to pull out of NAFTA and then agreed only to simple renegotiation, it read like the advice Trump gave in the book he loves to cite. Threaten to walk away, that gives you more leverage. But Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pea Nieto have leverage too, and they shouldnt allow themselves to be bullied, like some land developer or contractor without options. Canada and Mexico have cards to play and they should play them.
The first thing to keep in mind in these…

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At the beginning of the year, most market strategists were in agreement that interest rates were going to rise in 2017. The reasons varied: some saw inflation climbing, pushing yields higher; others worried about bigger budget deficits; a few blamed the Federal Reserve, which was thought to be planning to raise short-term interest rates two or three times and shrink its balance sheet. Whatever the reason, interest rates were expected to head higher, so seeing the 10-year U.S. Treasury yield here at 2.3% is a surprise.
To many pessimists on the economic outlook, the drop in yields on the…

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<p>Millennials, the children of the stock-loving baby boomers who helped fuel the best-ever bull market in the 1990s, haven't yet developed a good working relationship with the market like mom and dad did.</p><p></p>

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<p>As the nation faces growing challenges of powerful storms and widespread flooding fueled by climate change and overbuilding on water view property, the federal government has incurred massive debt providing Americans with low-cost flood insurance.</p>

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<p>The MIT economist Peter Temin argues that economic inequality results in two distinct classes. And only one of them has any power.</p>

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Using the market as a measure of success, President Trump has something to boast about: The 5.5% gain for stocks during his first 100 days in office is third-best of any president since World War II.&nbsp;

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<p>Toxic workplaces — where harassment, stereotyping and bullying occur — are driving away women and people of color, undercutting technology companies' efforts to increase diversity and costing an estimated $16 billion a year.</p>

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<p>One-third of the way into the second quarter, crude prices — the prime driver of explorers’ profits — are 25 percent higher than a year ago. If global supplies continue to contract and demand inches up through the end of June, the two dominant U.S. drillers will book a second straight quarterly victory in late July or early August.</p>

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<p>Amazon is exploring what role autonomous-vehicle technology could have in its business, the Wall Street Journal reported this week. The research is still in an early, exploratory phase, the Journal said, but hints at a larger plan of Amazon and its CEO Jeff Bezos: to own the delivery and logistics chain for its packages, and make it as efficient as possible.</p>

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<p>The older you are and the longer the marriage, the more complicated the divorce typically is financially. Sometimes it is so daunting that couples end up living apart for years without filing for a formal divorce. Nevertheless, the number of so-called "gray divorces" of those over 50 has doubled in the last 25 years, according to the Pew Research Center.</p>

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Mark Zuckerberg now acknowledges the dangerous side of the social revolution he helped to start. But is the most powerful tool for connection in human history capable of adapting to the world it created?

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A consumer pullback puts into focus a key industry problem: The supply of restaurants appears to outstrip demand.

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<p>For the first quarter of 2017, it grew a measly 0.7 percent, the worst growth since mid-2014. Economists had been hoping that sluggish economic growth would start to pick up by now as more people find work and wages increase, plus optimism gets a boost from the Trump administration’s promise to cut taxes. Two months ago,they’d predicted a slight uptick to 2 percent growth.</p>

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