Cancer treatment provider GenesisCare filed for Chapter 11 bankruptcy protection in the Southern District of Texas on Thursday and looks to sell its underperforming U.S. operations. Sydney, Australia-based GenesisCare said in a news release it is restructuring the business, including $1.7 billion in debt, to separate U.S. operations from those in Australia, Spain and the…
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Sir Keir Starmer is facing calls from some senior allies to rebrand the Labour party’s proposed flagship “green prosperity plan” to put more focus on its impact on the UK economy in terms of job creation opportunities and less on climate change. The Labour leader is coming under scrutiny over his policy platform ahead of…
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A global team of scientists has discovered how to make more accurate predictions of genetic mutations that cause disease in humans after applying AI techniques to an expanded primate DNA database. The project combined the genetic information of about 800 primates belonging to 233 species of apes, monkeys and lemurs. An AI algorithm based on…
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What if Apple came up with its most important new product in years and the world yawned? Next week’s expected unveiling of Apple’s mixed reality headset — a product that combines virtual reality with augmented reality, which overlays a digital world on to the real one — feels oddly out of step with the times.…
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In the summer of 2021, public health experts, policymakers and some UK columnists worked themselves into a frenzy over a takeover battle. Philip Morris International, the maker of Marlboro cigarettes, triumphed in tit-for-tat bidding against private equity group Carlyle to buy Vectura, a UK-listed maker of inhaled medicines, including treatments for smoking-related illnesses. PMI is…
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Facebook’s parent company has unveiled its latest virtual reality device, signalling a continued commitment to building an avatar-filled “metaverse” while seeking to grab attention ahead of rival Apple’s anticipated headset launch next week. In a video posted on his Instagram account on Thursday, Meta chief executive Mark Zuckerberg teased the new Quest 3 product, which…
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Welcome back to another Energy Source. ExxonMobil and Chevron shareholders overwhelmingly backed their boards yesterday against climate shareholder proposals. Remember the Engine No. 1 vs Exxon proxy war? That feels like a different era. I’d love to hear from shareholders, so please write in. Oil prices are falling again, just days ahead of this weekend’s…
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ViewFi, a company co-founded by former U.S. Open tennis champion Andy Roddick, is partnering with Transcarent, which is led by digital health entrepreneur Glen Tullman, the companies said Thursday. ViewFi will provide its virtual diagnostics to Transcarent’s employer members. Tullman said ViewFi’s service will be a part of Transcarent’s larger musculoskeletal program that is offered to employers which also include…
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A little-known program to keep low-income seniors out of nursing homes is getting a shot in the arm. After years of sluggish growth, the 33-year-old Program of All-Inclusive Care for the Elderly is on a growth spurt as states look for ways to provide more home- and community-based care to aging populations. PACE, a Centers for…
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Hello everyone! This is Lauly writing from Taipei. I have so much to share with you. The week started with back-to-back events involving Jensen Huang, founder and CEO of Nvidia, at the annual Computex Taipei tech expo. The Taiwan-born American entrepreneur, whose company is riding high on the generative AI boom, received a rock starlike…
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