The world’s booming middle class still holds the key to the City’s future

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen Heraldinvesting.comThe Military Spent $1 Billion On this New Vehicle, And Here’s The First Lookinvesting.comFinance Wealth PostTom Selleck’s Daughter Is Probably The Prettiest Woman To Ever ExistFinance Wealth PostFinancial 10NHL Player’s Wife Is Hands Down The Most Beautiful Woman In The WorldFinancial 10bonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal Past whatsapp Tuesday 5 February 2019 12:53 am Tags: People Philip Hammond Tidjane Thiam Billions of people have escaped poverty over recent decades, in what is arguably humanity’s greatest success story.Figures last autumn, moreover, estimated that five people join the world’s burgeoning middle class every second. More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFort Bragg soldier accused of killing another servicewoman over‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest The world’s booming middle class still holds the key to the City’s future With its time zone, language, rule of law, vast depth of expertise and broad ecosystem of financial and related professional services, London is perfectly positioned to take advantage of not only the Asian revolution, but growth stories across the globe in the coming decades.Visionary financier Tidjane Thiam told a business audience five years ago that just as the current period is known as the Asian century, “I am happy to go on the record and say that the 22nd century will be the African century.”Thiam added: “This [London] is a very good place from which to take on the possibilities and opportunities of the changing world.”His words ring as true today as they did at the time. And that is one reason, at least, to see past the current political and economic headwinds and be confident about the City’s future. Julian Harris Share whatsapp Much of the success is concentrated in Asia, a picture that looks set to continue according to fresh data published by PwC this morning. The accountancy giant’s beancounters forecast massive real wage growth between now and 2040, with India leading the way with an astonishing 222 per cent expected jump in dollar-terms real wages, followed by Malaysia (184 per cent), Indonesia (176 per cent) and China (145 per cent).The numbers will come as little surprise to the business world, in which many sectors have been positioned eastwards for some time now. Nonetheless, they are a reminder of the inevitable (and welcome) narrowing of the gap between emerging and advanced economies. French wages are expected to rise merely 21 per cent between now and 2040; US wages, just 22 per cent.It was heartening, therefore, to hear one of Westminster’s current protagonists – chancellor Philip Hammond – acknowledge the changing shape of the world during his speech at a Square Mile dinner last week.”Emerging and developing economies together are home to 85 per cent of the global population and 90 per cent of people under 30 and their economies already account for nearly 60 per cent of global economic activity,” Hammond told TheCityUK lobby group.”But they account for just 10 per cent of the global financial system. So, as savings accumulate and the new middle class grows exponentially there is an enormous opportunity for the City.”last_img read more

NMC Health strives to avoid administration after being hit by creditor court action

first_imgIn February the Financial Conduct Authority said it had launched an investigation into the struggling business. (Reuters) The company said it does not think the appointment of administrators “would be in the interests of stakeholders as a whole”. After launching an internal investigation, NMC said it had discovered evidence of fraud and ousted its founder BR Shetty – who denies wrongdoing – and suspended its shares. Last week its auditor EY resigned citing “concerns arising out of recent events at the company and NMC Health”. The London-listed company said today that lawyers acting for Abu Dhabi Commercial Bank (ADCB) filed an application on 2 April in the High Court to appoint administrators to NMC with a hearing scheduled for 9 April. Monday 6 April 2020 8:19 am Scandal-hit NMC Health is working to avoid going into administration after being hit by a court action brought by one of its creditors. Show Comments ▼ (Reuters) Also Read: NMC Health strives to avoid administration after being hit by creditor court action whatsapp Sharecenter_img (Reuters) Also Read: NMC Health strives to avoid administration after being hit by creditor court action More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Payments business Finbalr – which was also founded by Shetty – is also on the brink after it too discovered unauthorised cheques which may have been used as security for financing for the benefit of third parties. whatsapp NMC Health strives to avoid administration after being hit by creditor court action NMC has been in crisis since December when shortseller Muddy Waters questioned its financial statements. James Booth NMC said it was in discussions with ADCB and others creditors to have the application withdrawn. It said resolution of the request to appoint administrators “is likely to involve material changes to corporate governance of the group and the composition of the board itself”. (Reuters) Also Read: NMC Health strives to avoid administration after being hit by creditor court action Tags: NMC Healthlast_img read more

Partying on a Tuesday night, first responders hang out with the community

first_imgCommunity | Juneau | Public SafetyPartying on a Tuesday night, first responders hang out with the communityAugust 3, 2016 by Lakeidra Chavis, KTOO Share:Sgt. Chris Gifford of the Juneau Police Department speaks with two Coast Guard members and a community member during National Night Out event in Juneau on Tuesday. (Photo by Lakeidra Chavis/KTOO)Tuesday evening, first responders showed up to 18 block parties in the capital city. Although they wore their badges, they were there to take part in the fun. The event was part of National Night Out, a national program focused on raising awareness about public safety.Audio Player Up/Down Arrow keys to increase or decrease volume.In a large meeting room inside the Juneau Police Department, things are a bit busy.Police officers are rationing out the cool vehicles they’ll ride in for National Night Out. Dozens of law enforcement officers, members of the Coast Guard, and the National Guard, among other groups, are preparing to attend 18 different parties across the city.In order to attend them all, they’ve split into five teams. Sgt. Chris Gifford led one of them.“So this is good for them to see us in a positive way and for us to see the community in a positive way,” Gifford says. “We’re just here eating hot dogs and showing off police cars.”Gifford and his team, which includes a firetruck, two police cars and two members of the Coast Guard, visited four parties spread out across the Mendenhall Valley, Lemon Creek and a neighborhood near the airport.At a cul-de-sac in the valley, Dee Ojard is chatting with neighbors. She also works for the police department. Ojard says events like this are a nice opportunity for community bonding, especially for the officers.“These are people that they don’t ever see unless they’re in distress,” she said. “So, it’s nice to see them when they’re not in distress.”Ojard’s worked for the department for 11 years, and helped organize Juneau’s first National Night Out nearly a decade ago.“There are a lot more parties; there’s a lot more involvement, so I think it’s a good thing,” she said.Throughout the two-hour event families chatted with law enforcement and safety officials, kids took photos, learned how to find fingerprints on a soda can and checked out the police cars.Outside the First Church of God near the airport, Elwin Blackwell is celebrating the event with his family. His parents are sitting outside the church’s doors, while his brothers, nieces and nephews, and children chat and run around.His church has participated in the National Night Out before, and he helped organize the event this year.“I think it’s a good thing for neighbors to build that sense of community, to keep an eye out for each other,” he said.Not every police department in the state took part in the event, but the Anchorage Police Department hosted a large party in the Mountain View neighborhood.Share this story:last_img read more

Man arrested for assault after alleged break-in, spraying officer with pepper spray

first_imgCrime & Courts | JuneauMan arrested for assault after alleged break-in, spraying officer with pepper spraySeptember 20, 2016 by Tripp J Crouse, KTOO Share:A 40-year-old Juneau man was arrested after he allegedly broke into someone’s home, refused to leave and sprayed an officer with pepper spray.John Paul Lucion Holland was arrested on three counts of assaulting a police officer and one count of violating conditions of his release.According to a Juneau Police report, a 29-year-old woman called police at about 9:52 p.m. Monday to report a man had broken into her house and refused to leave.Holland allegedly popped a window out of a door to gain access to the residence.When police arrived, Holland left through a side door and refused to stop at the direction of an officer.Holland sprayed the officer with pepper spray as he ran away from him.Police deployed their Taser, subduing Holland, who was then taken the Lemon Creek Correctional Center and held on $1,000 bail.Share this story:last_img read more

‘Nones’ in Juneau changing religious landscape

first_imgCommunity | Juneau | Spirit‘Nones’ in Juneau changing religious landscapeJuly 16, 2017 by Carter Barrett Share:Grass grows in a planter off a window of St. Nicholas Russian Orthodox Church in downtown Juneau on July 15, 2017. The Catholic Cathedral of the Nativity of the Blessed Virgin Mary is in the background. (Photo by Jeremy Hsieh/KTOO)Today, Alaskans are on average less religious than the rest of the country, and a subset who don’t identify with any particular religion is growing, according to data from the Pew Research Center.Audio Player Up/Down Arrow keys to increase or decrease volume.“I grew up fairly religious, went to organized church, and then kept that going probably through the first year of college, and kind of lessened that. Now I don’t practice anything specific,” Chelsea Maller, a Juneau local, said.Despite this, Maller says she still prays.“I would say that’s the most consistent thing I keep up with if anything,” Maller said. “Just giving myself a peace even if I don’t necessarily feel like if I need to go worship in a church or anything like that.”Maller falls into a growing group of the religiously unaffiliated, which can include anyone from atheists to the “spiritual but not religious” types.The Pew Research Center refers to this group collectively as “nones,” which originates from the “none of the above” option on a religion survey.In Alaska, about 3 out of 10 people are nones. Nationwide, it’s 2 out of 10. Both have grown since 2007.A common misconception about nones is they don’t have any beliefs — but like Maller many of them fall into a spiritual gray area.Elizabeth Drescher, the author of the book, “Choosing our Religion: the Spiritual Lives of America’s Nones” conducted her own research on the subject.“It turns out that about 70 percent of the religiously unaffiliated, or nones, believe in God or a life force or some kind of higher power,” Drescher said. “They don’t identify with a particular religious tradition, even though they might participate in things that are kind of obviously religious to most of us.”It’s not uncommon for nones to pray, attend religious services or consider religion important in their lives.“That package that’s called religion, some of it works for me, but mostly not so much all the time,” Drescher said, voicing  what many nones feel. “I’m happy to take some of those resources, but I don’t belong to that.”Drescher hasn’t studied nones in Alaska specifically, but she guessed a seasonal workforce and fewer connections within the community could contribute to more nones.Across the country, religious unaffiliation has increased and in every race, age, gender, education and socioeconomic background.This concerns some religious leaders, and there are theories why people are leaving traditional religion, such as a more scientific world views, seeking out a more individualized religion and LGBTQ and women’s rights.Juneau local Rachel Smith grew up Mormon but doesn’t align with that anymore.“Mormonism is so – it’s very black and white. I just never felt that way, it’s a little, depending on who teaches it, it’s a little bit demeaning towards women,” Smith said.Pat Casey, a pastor for the Catholic Church here in Juneau, says there are a lot of nones in town, but he also sees a lot of people who mix religious traditions.“People tell me you know I’m a Christian, I believe in God but I like to do it in my own way,” Casey said. “You know, the yoga movement and other types of meditation.”He says to say the Catholic Church is shrinking is a misconception. Nationally, immigrants are a major source of growth in the Catholic Church. Catholicism is still really popular in Latin America and the Philippines. But what draws people to Catholicism now?“I’ve had a number of people come to me who want to talk about the Catholic Church where it is now, versus where it was when they left,” Casey said. “Many of them find that challenging and welcoming.”In 1966, Time magazine published one of their most iconic covers ever. In bold red against a black background, a single three-word question sparked outrage and backlash.“Is God Dead?”Half a century later, the issues the magazine explored may sound familiar: Explaining the divine in an increasingly secular world, how theologians responded, and the move toward individualized religion.Share this story:last_img read more

Federal dollars could be ‘game changer’ for Alaska families

first_imgEconomy | Family | Federal GovernmentFederal dollars could be ‘game changer’ for Alaska familiesMarch 23, 2021 by Mayowa Aina, Alaska Public Media Share:Students in gym class at Dena’ina Elementary School in Wasilla on September 21, 2020. (Jeff Chen/Alaska Public Media)Massive. Huge. Historic. That’s how journalists, economists and politicians are describing the most recent federal COVID-19 relief plan, a $1.9 trillion bill that Congress passed earlier this month.One significant part of the bill that’s gotten a lot of attention is an expanded child tax credit.“There’s a lot to be excited about,” said University of Alaska economist Mouhcine Guettabi.The relief bill removes many typical barriers to aid, Guettabi said, and people will be eligible for a lot of money.“My broad takeaway is: Massive injection,” Guettabi said. “We’ve never seen anything like this. [It’s] really well targeted towards lower income households, in terms of the impact. The fact that there are advanced payments, and it’s fully refundable, is a game changer.”With the child tax credit, families could get as much as $300 per month per child, starting in July. Even people who don’t normally get the tax credit because they had no income last year could potentially qualify for these funds. And it’s a direct payment, no strings attached — much like the stimulus payments people are seeing pop up in their bank accounts.Guettabi said that’s a big deal, too.“That’s the part that potentially makes a dent in terms of people’s finances.”While it’s a temporary stimulus, Guettabi said those extra funds will stretch, particularly for low-income people. There is clear research that even a one-time boost to a family’s income can totally change the trajectory of a person’s life, Guettabi said. Finally being able to buy a car, for example, could lead to a better job and more earnings over time.It could also simply mean fewer trips to the food bank, said Trevor Storrs, CEO and president of Alaska’s Children’s Trust.“When you have a family that struggles, not just day to day, but at times, hour by hour, $200 feels like winning the lottery,” said Trevor Storrs.In addition to the child credit, Storrs said other components of the bill including more money for food stamps and child care will improve Alaska children’s well-being.Stephanie Berglund is CEO of thread Alaska, which advocates on behalf of child care providers in the state. Berglund anticipates over $92 million in child care support and relief for Alaska from the most recent aid packages.That’s enough money to boost the child care industry to function better than it did before the pandemic, Berglund said.“There’s an opportunity so that child care can be more accessible and more affordable for families, early educators can be paid a livable wage, and we have a stronger, overall-transformed child care system,” Berglund said.Other organizations are also thinking about the long-term impact of these short-term funds.Clark Halvorson is CEO of the United Way of Anchorage. He said calls to the 2-1-1 help line are still 300% higher than normal, even a year into the pandemic.People need help with child care, food and rent relief. The pandemic just made existing problems worse, Halvorson said. He hopes these federal funds will start to address the root of problems that have left so many Alaskans struggling in the last year.“We often talk about, ‘When are we going to get back to normal?’ And we’re trying to kind of change that dialogue a little bit and say, we really want to create a new normal,” Halvorson said. “One where people have equal opportunity.”Details about how funding will be distributed and individual eligibility requirements are still coming.But most are in agreement: The funds will make a significant difference for families in Alaska, especially those that continue to struggle the most.Share this story:last_img read more

Russel Brand, Shepard Fairey, Sarah Silverman, and Demetri Martin Celebrate Los…

first_imgUncategorizedRussel Brand, Shepard Fairey, Sarah Silverman, and Demetri Martin Celebrate Los Angeles LibrariesBy Jason Kehe – November 4, 2011491ShareEmailFacebookTwitterPinterestReddItDemocracy depends on—libraries? That, at least, was the message passionately advocated by city leaders and artists alike at last Friday’s Young Literati Annual Toast, a celebrity reading event that benefited the Los Angeles Public Library.Of course, by libraries those leaders and artists didn’t necessarily mean the brick-and-mortar structures themselves—72 of which dot the streets of Los Angeles and serve some 90,000 kids every day. To the Young Literati, a society of 20-to-40-somethings who engage in literary-minded pursuits, democracy depends on what these libraries stand for: free and public access to boundless knowledge. “Libraries are the path to citizenship,” said Ken Brecher, president of the Library Foundation of Los Angeles, at the start of the night.Held at the Central Library, a sprawling downtown landmark, the Annual Toast featured readings by several well-known faces, including Young Literati Honorary Chair Shepard Fairey; comedians Russell Brand, Sarah Silverman, Busy Philipps, and Demetri Martin; and musicians John Densmore and Henry Rollins. But it was a politician, L.A. Councilman (and mayoral candidate) Eric Garcetti, who read first—from Jorge Luis Borges’ The Book of Sand.Garcetti’s was probably the most literary selection of the night. Indeed, each of the reader’s choices played into their public persona, and the night became an eclectic, politically-tinged mix of comedy, advocacy, and drama.Fairey picked a not-so-great but still entertaining Ray Nelson short story called “Eight O’Clock in the Morning,” about a man who’s convinced his society is run by alien creatures in disguise. Philipps—you might know her as Laurie Keller in Cougar Town—also chose a short story, “A Telephone Call” by Dorothy Parker. In it, a crazed girl desperately waits for a boy to call her, and Philipps’ hyper-committed, monologue-style recitation won a lot of laughs.Martin, a Daily Show contributor and Comedy Central regular, had some people laughing so hard they cried with his selection—that great book of comedy, the dictionary. “There’s something fun about a dictionary to me,” he said, admitting sheepishly that he takes dictionaries with him on long plane rides. He then proceeded to riff on the sample sentences from several unlikely entries, including “dictionary” itself, “alphabet,” “linger,” “crotch,” and “form-fitting.”Silverman played it safe with a sweet e.e. cummings poem, and the two musicians flexed their political muscles with heavier material—Rollins took his cue from history and Densmore drummed out a stylized rendition of Ethridge Knight’s “The Bones of My Father.” Russell Brand, overcoming a power outage that threw the stage into permanent shadow, capped the night with a crazy-brilliant improvised recap of everyone’s performance and an animated reading of Oscar Wilde’s children story, “The Selfish Giant.” The whole time, the theme of the evening shined through—that the library really does offer something for everyone. Rollins, in his powerfully articulate rant, probably put it best: “What is mine is good, but what is ours”—signaling the space around him—“is completely great, and very worth preserving.” Photograph courtesy Library Foundation of Los Angeles  TAGS2011L.A. CultureNovember 2011Previous articleKristen Stewart Accidentally Flashes Crowd While Wearing Vans and Other Random Famous Imprints at Grauman’sNext articleAudrey Hepburn’s Lucky Oscar Dress Goes Up For Auction This MonthJason Kehe RELATED ARTICLESMORE FROM AUTHORFollow in Pee-wee Herman’s Footsteps Across L.A.What Defines a Successful Immigrant?The Undocumented Immigrants Who Are Redefining ‘American’last_img read more

Tackling modern slavery requires corporate honesty – and the acceptance that it could drive practices further underground

first_img whatsapp Show Comments ▼ With plans in place to introduce a single piece of anti-slavery legislation, there is greater onus on businesses to be accountable for their supply chains and to do what they can to help tackle child and slave labour. In this new era of corporate honesty and accountability, some businesses could be forced to restructure their supply chains and alter their buying behaviours, and there are still no guarantees that it will have the desired effect. From October this year, under the incoming Modern Slavery Act, about 12,000 British businesses with a turnover of £36m or more will be required to make an annual statement setting out any steps they have taken to ensure slave labour is not being used within their supply chains. This has long been recognised as an issue but businesses have come under the spotlight in recent years, with tragedies such as the collapse of the Rana Plaza factory in Bangladesh, when garment workers were forced to keep working even after cracks appeared in the building. Ultimately, 1,129 people died and more than 2,500 people were injured. Recent revelations about ‘World Cup slaves’ in Qatar and seafood workers in Thailand have served to further highlight the issue. But it is not a straightforward problem to solve.   The Chartered Institute of Procurement and Supply (CIPS) published research last year revealing that three quarters (72 per cent) of British supply chain professionals have ‘zero visibility’ of their supply chains beyond the second tier, with only 11 per cent able to trace their entire supply chain. The issue of modern slavery and human trafficking is creating a real dilemma for businesses; they need to balance a requirement to source products and services cost-effectively and stay competitive, while operating ethically, which is increasingly important in consumer-driven markets. By encouraging companies to be more accountable for their supply chains, the incoming legislation means they will need to start policing their supply relationships even more closely and invest more resources in doing so.  This will require greater corporate honesty as it will no longer be acceptable for businesses to ignore what they can’t see. This is vital if they wish to avoid potentially-damaging supply chain scandals in the future. For most businesses, the level of scrutiny typically applied to each supplier depends on the degree of risk they represent both ethically and operationally. In most instances, it simply wouldn’t make sense for businesses to spend a significant amount of time supervising or building relationships with suppliers of relatively minor, low-risk components. This approach may need to change in the future, as companies are forced to take a more proactive approach to demonstrating ethical business practices. With the increased scrutiny, the costs associated with sourcing goods and services are likely to increase as low-cost suppliers are forced to check and prove they are using responsible supply chains. Businesses using low-cost suppliers will need to factor in these increased costs along with an increased exposure to reputational risk. Tackling modern slavery will require a fundamental shift in corporate buying behaviour and while these changes will have a positive effect, they are unlikely to eradicate such abuses completely. Market forces will prevail and it is likely that slave labour and human trafficking will be driven further underground rather than disappear altogether. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity Mirror Wednesday 29 July 2015 5:09 pm Share Catherine Neilan Tackling modern slavery requires corporate honesty – and the acceptance that it could drive practices further underground whatsapp Tags: Expert Voiceslast_img read more

Premium / ANALYSIS: Enormous logistics costs the logic for Amazon to develop shipping services

first_img By Alessandro Pasetti 21/06/2016 Please Login Forgotten your password? Please click here Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Email* New Premium subscriber REGISTER Reset Your Password Please either REGISTER or login below to continue © Wawrittocenter_img Amazon’s respective fortunes in shipping and logistics and web services (AWS) are intimately tied. For obvious reasons, given our focus here at The Loadstar, I’ll concentrate on the former at a time when AWS in on a roll.In the trailing 12 months ended 31 December, Amazon’s shipping cost base – at 86% of total fulfilment costs (TFC), they rose significantly as a percentage of TFC year-on-year – was $5bn higher than shipping revenues, with 10-year trends shown in the chart … Premium subscriber LOGIN LOGIN Password* Reset Email* << Go backlast_img read more

Supreme Court deals a series of blows to generic drug companies

first_img STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Supreme Court deals a series of blows to generic drug companies What’s included? By Nicholas Florko June 16, 2020 Reprints Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. [email protected] @NicholasFlorko Politics GET STARTED About the Author Reprints Unlock this article — plus daily intelligence on Capitol Hill and the life sciences industry — by subscribing to STAT+. First 30 days free. GET STARTED It’s a bad run for generic drug companies at the Supreme Court.The court on Monday denied three separate requests from generic drug makers hoping the justices would revisit lower-court decisions the industry doesn’t like. Nicholas Florko Washington Correspondent Nicholas Florko reports on the the intersection of politics and health policy. He is the author the newsletter “D.C. Diagnosis.” Tags GenericsSTAT+ What is it? Log In | Learn More last_img read more