In Hell’s Gate, a two-hour drive north of Nairobi, steam gushes out of the earth’s crust, generating a renewable form of energy that supplies almost half of Kenya’s current electricity needs. The steam is captured in miles of green pipes, which coil across the hillsides like giant pythons towards power stations that convert the volcanic…
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The US Supreme Court has blocked a social media law in Texas that could have prohibited platforms such as Facebook and Twitter from taking down content including misinformation and extremism. In an order on Tuesday, the Supreme Court froze the so-called censorship law in Texas, known as HB20, which sought to ban Big Tech platforms…
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The Biden administration established a Department of Health and Human Services office Tuesday to address environmental health issues facing underserved communities. The Office of Environmental Justice will be situated under the HHS Office of Climate Change and Health Equity, which was established in August 2021. The new office will serve as a center for “policy,…
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Universal Health Services will assume full ownership of George Washington University Hospital, the for-profit health system announced Saturday. A Universal Health Services subsidiary and George Washington University owned and operated George Washington University Hospital in Washington for nearly 25 years. Under that arrangement, King of Prussia, Pennsylvania-based Universal Health Services held an 80% stake and…
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Universal Health Services will assume full ownership of George Washington University Hospital, the for-profit health system announced Saturday. A Universal Health Services subsidiary and George Washington University owned and operated George Washington University Hospital in Washington for nearly 25 years. Under that arrangement, Universal Health Services held an 80% stake and the university owned the…
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This article is an on-site version of our #techFT newsletter. Sign up here to get the newsletter sent straight to your inbox The Frontier supercomputer at the Oak Ridge National Laboratory in Tennessee has become the first officially recognised exascale supercomputer in the world, ranking Number One in the latest Top 500 list of such…
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Providers want the Federal Trade Commission to investigate pharmacy benefit managers’ business practices, but PBMs and insurers say pharmaceutical manufacturers are to blame for sky-high drug prices. The FTC published a notice in February asking for input on how PBM practices including rebates and fees, potentially anticompetitive contractsm, and attempts to steer patients towards certain…
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A rooster in a varsity jacket stalks the halls, clutching a baseball bat and leering menacingly. Behind him stands an enormous lamb in a blood-red cape whose huge cartoonish eyes do not entirely hide his malevolent intentions. These costumed mascots greeted visitors at the inaugural WASD games fair at London’s Tobacco Dock recently, delighting and…
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German police raided the offices of DWS and its majority owner Deutsche Bank on Tuesday morning as part of a probe into allegations of greenwashing at the asset manager. Approximately 50 officers arrived at the DWS premises and Deutsche Bank’s twin towers in downtown Frankfurt mid-morning and held meetings with staff until lunchtime, according to…
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Dutch industrial group DSM is on track to complete its transition into a nutrition, beauty and health conglomerate after agreeing to merge with the world’s largest privately held taste and perfumery business. The deal will link DSM with Swiss group Firmenich through a public one-to-one share offer plus €3.5bn in cash. DSM’s shareholders will own…
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