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Beyond Meat Value Doubles In Trading Debut

Beyond Meat Value Doubles In Trading Debut

Beyond Meat more than doubled in value in its trading debut, giving the company a market capitalization of $3.9 billion. The company priced its IPO at $25 per share, the high end of its range, raising $241 million by selling 9.6... 
Unemployment Drops To Lowest Level In Five Decades

Unemployment Drops To Lowest Level In Five Decades

The unemployment rate in the United States has dropped to its lowest in nearly half a century. The unemployment rate fell to 3.6 percent in the first quarter of the year, the lowest since December 1969. However, the decline in... 
Clinicians Issue Guidelines For New Type Of Dementia

Clinicians Issue Guidelines For New Type Of Dementia

A type of dementia that could be more common than Alzheimer’s in the older adults has been newly outlined by clinicians. This late-onset dementia, called LATE, have symptoms that mimic Alzheimer’s, but has a different... 
Labor Department Classifies Gig Workers As Contractors

Labor Department Classifies Gig Workers As Contractors

The Labor Department has classified workers for an unnamed gig company as contractors rather than employees. The decision was disclosed in an “opinion letter,” meaning it applies only to the company that sought it. The letter... 
World’s First Malaria Vaccine Now Being Administered

World’s First Malaria Vaccine Now Being Administered

Three African countries will begin giving children the world’s first malaria vaccine as part of a large-scale pilot project. The pilot program will continue for four years to determine the viability of the vaccine and its... 
Jet Groundings Batter Boeing’s Earnings

Jet Groundings Batter Boeing’s Earnings

Boeing Co. (NYSE: BA) has acknowledged that its earnings have taken a hit due to the global grounding of its 737 Max jets after two deadly plane crashes involving the model. A Lion Air crash in Indonesia on Oct. 29 killed all... 
Iraq May Ban Online Multiplayer Video Games For ‘Brainwashing’ Their Youth

Iraq May Ban Online Multiplayer Video Games For ‘Brainwashing’ Their Youth

Amid fears in Iraq that online multiplayer video games are corrupting their youth and getting them addicted to violent fantasies, the government is considering a ban on them. Over the weekend, a law drafted to ban the online... 
Apple’s Cloud Business Relies On—And Continues to Invest In—Amazon Web Services

Apple’s Cloud Business Relies On—And Continues to Invest In—Amazon Web Services

Apple doesn’t accept defeat often but this week the tech giant has reportedly signed a deal to spend at least $1.5 billion with Amazon Web Services over the next five years.  AWS, of course, is Amazon’s market-leading... 
FDA Approves First Generic Form of Naloxone Opioid Overdose Intervention Nasal Spray

FDA Approves First Generic Form of Naloxone Opioid Overdose Intervention Nasal Spray

This week the United States Food and Drug Administration announced the first ever approval of a generic version of the overdose intervention Narcan.  Narcan, of course, is the nasally-administered formulation of naloxone.  If... 
Could BMI and Obesity Risk Be Genetically Destined?

Could BMI and Obesity Risk Be Genetically Destined?

Doctors will soon be able to accurately and efficiently predict a person’s body mass index, obesity risk, and overall mortality risk through a simple genetic test.  According to a new study conducted by a team of researchers... 
Pier 1 Imports is the Latest Retailer to Suffer Store Closures

Pier 1 Imports is the Latest Retailer to Suffer Store Closures

It looks like the dismal future of retail has no end in sight as yet another big retailer has announced looming store closures.  This week you can add Pier 1 Imports to this list, as the company has disclosed that an unimpressive... 
FDA Sugar Label Policy Could Dramatically Improve Health Outcomes, Study Says

FDA Sugar Label Policy Could Dramatically Improve Health Outcomes, Study Says

The United States Food and Drug Administration has formed a new set of rules that require food manufacturers to label packaged foods and drinks with any added sugars.  While this will certainly have benefit to those... 
Lemonade Inc Secures $300 Million Funding Deal

Lemonade Inc Secures $300 Million Funding Deal

Insurance startup Lemonade announced, this week, a $300 million round of Series D financing initiated by SoftBank Group.  General Catalyst, Thrive Capital, GV, Allianz, and OurCrowd are also participating.  If... 
Study Warns of Sharp Increase in Suicidal Ideation Among Children

Study Warns of Sharp Increase in Suicidal Ideation Among Children

The number of teenagers and children attempting suicide is on the rise.  While it appears that these incidents seem consistent among all age groups, a new study describes that the rates of children who have been hospitalization... 
Gas Cross $4 Threshold in California

Gas Cross $4 Threshold in California

It should come as no surprise that the price of gas in California is higher than most other parts of the United States as this is consistently the case. It should also come as no surprise that the passing of this Easter weekend... 
Goldman Sachs Cuts Employee Benefits After Profits Fall

Goldman Sachs Cuts Employee Benefits After Profits Fall

First quarter earnings per share at Goldman Sachs was better than expected but revenue missed the mark, analysts say. Indeed, the bank delivered an adjusted $5.71 earnings per share, which is significantly higher than the...