Released by the National Health Commission, the 2026 edition of the National Essential Medicines List adds 116 therapies, bringing the total catalog to 794. Photo: IC China updated its National Essential Medicines List for the first time in eight years on Thursday, expanding the registry to mandate public hospital stocking of blockbuster innovative therapies like semaglutide. Released by the Natio...
Released by the National Health Commission, the 2026 edition of the National Essential Medicines List adds 116 therapies, bringing the total catalog to 794. Photo: IC China updated its National Essential Medicines List for the first time in eight years on Thursday, expanding the registry to mandate public hospital stocking of blockbuster innovative therapies like semaglutide. Released by the National Health Commission, the 2026 edition adds 116 therapies, bringing the total catalog to 794. The long-awaited revision ends a protracted freeze on the state drug procurement framework.
Not everyone experiences heat the same way, and studies show aggression, violence and road rage increase on hotter days Recently, my husband and I embarked on what should have been a pleasant spring errand: a stroll to the local farmer’s market. But a passing heatwave had made it unseasonably hot outside. I cut him off on the sidewalk and he snapped at me, so I snapped at him for snapping at me. W...
Not everyone experiences heat the same way, and studies show aggression, violence and road rage increase on hotter days Recently, my husband and I embarked on what should have been a pleasant spring errand: a stroll to the local farmer’s market. But a passing heatwave had made it unseasonably hot outside. I cut him off on the sidewalk and he snapped at me, so I snapped at him for snapping at me. We spent the rest of the excursion in sweaty, stony silence. When we were almost home, he said, miserably: “I’m sorry! It’s just so hot.” Our grouchiness was not simply a weakness of spirit. “Heat doesn’t just affect your body,” said Dr Susan Albers, clinical psychologist at the Cleveland Clinic. “It affects your mood too.” Continue reading...
Alphabet (NASDAQ:GOOG | GOOG Price Prediction) just posted the loudest AI quarter of any megacap. Revenue of $109.90 billion was up 21.8% year over year, cloud grew 63%, and CEO Sundar Pichai declared that “our AI investments and full stack approach are driving performance across our business.” Shares sit at $364.90 after a 16.43% YTD ... Price Prediction: Alphabet Stock Will Trade at This Price i...
Alphabet (NASDAQ:GOOG | GOOG Price Prediction) just posted the loudest AI quarter of any megacap. Revenue of $109.90 billion was up 21.8% year over year, cloud grew 63%, and CEO Sundar Pichai declared that “our AI investments and full stack approach are driving performance across our business.” Shares sit at $364.90 after a 16.43% YTD ... Price Prediction: Alphabet Stock Will Trade at This Price in 2030
[The content of this article has been produced by our advertising partner.] Artificial intelligence is rapidly moving from experimentation to execution, and business veteran Bruce Rockowitz believes the technology could become a critical competitive advantage across industries ranging from wellness and hospitality to media. Rockowitz, known for his work in sourcing, brand development and building ...
[The content of this article has been produced by our advertising partner.] Artificial intelligence is rapidly moving from experimentation to execution, and business veteran Bruce Rockowitz believes the technology could become a critical competitive advantage across industries ranging from wellness and hospitality to media. Rockowitz, known for his work in sourcing, brand development and building and scaling consumer-facing businesses, views AI not simply as a productivity tool but as a...
The AI-driven stock market rally has bolstered California’s coffers, sending revenue soaring. Now lawmakers are asking voters to overhaul the state’s financial reserves to capture more of any future windfall. A November ballot measure seeks to give California more of a cushion during economic downturns by increasing the share of revenue the state steers into reserves during flush years and exempti...
The AI-driven stock market rally has bolstered California’s coffers, sending revenue soaring. Now lawmakers are asking voters to overhaul the state’s financial reserves to capture more of any future windfall. A November ballot measure seeks to give California more of a cushion during economic downturns by increasing the share of revenue the state steers into reserves during flush years and exempting deposits from a limit on government spending. The state has already built its main reserve fund, or rainy day fund, far above pre-pandemic levels but budget analysts have warned that growing spending and California’s progressive tax system — which relies heavily on high earners for income and capital gain tax revenue — leave it vulnerable to market slumps. Backers of the proposed law, including Governor Gavin Newsom , argue the new measure will expand the state’s rainy day fund at a time when highly anticipated stock offerings by homegrown artificial-intelligence companies offer potential riches. “California’s revenues are volatile, and we know that strong years don’t last forever,” state Senator John Laird, a Democrat and one of the measure’s co-authors, said in a statement. A newly approved state budget projects $237 billion in revenue this fiscal year that leaves $15.1 billion in the state’s rainy day fund. The budget has $28.8 billion in total reserves this year, when counting other savings accounts. SpaceX ’s recent initial public offerings along with the highly anticipated debuts of AI darlings OpenAI and Anthropic stand to further augment revenue stemming from California’s largest tech companies — including Apple Inc. and Nvidia Corp. The state can benefit from a company going public because employees’ restricted stock units, their compensation, become taxable upon an IPO. State officials haven’t projected how much money it expects to gain from upcoming IPOs, noting any estimate would depend on the size, timing and terms of each deal. Projections for Meta Platform...
[The content of this article has been produced by our advertising partner.] Choosing the right school is about more than achieving outstanding examination results. It is about preparing young people with the confidence, resilience and global perspective to succeed wherever life takes them. In an increasingly competitive and rapidly changing world, families are looking for more than academic excell...
[The content of this article has been produced by our advertising partner.] Choosing the right school is about more than achieving outstanding examination results. It is about preparing young people with the confidence, resilience and global perspective to succeed wherever life takes them. In an increasingly competitive and rapidly changing world, families are looking for more than academic excellence - they want an education that equips their children with the curiosity, resilience and...
Rocket Lab Corporation (NASDAQ:RKLB) has accomplished what few aerospace companies have done. It successfully completed one of the U.S. Space Force’s (USSF) tactically demanding space missions from start to finish, demonstrating how its vertically integrated approach allows it to move far faster than traditional aerospace companies. The company announced yesterday that it has now completed every p...
Rocket Lab Corporation (NASDAQ:RKLB) has accomplished what few aerospace companies have done. It successfully completed one of the U.S. Space Force’s (USSF) tactically demanding space missions from start to finish, demonstrating how its vertically integrated approach allows it to move far faster than traditional aerospace companies. The company announced yesterday that it has now completed every part of the VICTUS HAZE mission that required it to design, build, and launch a spacecraft for the USSF within 24 hours of the official Notice to Launch. More importantly, it carried out a complex orbital operation in just 59 hours to demonstrate a rapid threat-response scenario, involving the spacecraft approaching and monitoring a target satellite. In short, Rocket Lab met all the deadlines set by the USSF and delivered all phases of the tactically responsive mission in record time. Continue reading
Energy traffic through the Strait of Hormuz came to a near halt after Iran and the US traded strikes for a second day and the potential for full-fledged war returned. Qatar paused efforts revive production at the world’s largest liquefied natural gas facility amid rising anxiety among ship owners over transit through the crucial waterway. After emptying of tankers stranded since March, Persian Gul...
Energy traffic through the Strait of Hormuz came to a near halt after Iran and the US traded strikes for a second day and the potential for full-fledged war returned. Qatar paused efforts revive production at the world’s largest liquefied natural gas facility amid rising anxiety among ship owners over transit through the crucial waterway. After emptying of tankers stranded since March, Persian Gulf oil merchants were already faced with the challenge of drawing new empty ships to loading docks. That becomes even harder now that hostilities have resumed. Goldman Sachs analysts warned the new disruptions will set back the Middle East’s crude recovery . Second-order economic impacts are also being felt from the latest flare-up between Tehran and Washington. Europe grappled with fresh volatility as natural gas prices surged . Pakistan urgently sought a LNG supplier after a Qatari shipment was canceled. With new exchanges of fire on the horizon, Iran’s neighbors are contemplating the geopolitical consequences of a new status quo. —Jonathan Tirone What You Need to Know Today Ever try peering into the future? Perhaps you saw flying taxis floating between skyscrapers ? Or, maybe creepy-crawly creatures overtaking the landscape? Or how about storms — gargantuan ones that threaten to gobble up whole regions? Because of this year’s super El El Niño, betting a look at the near future has never been easier. The high temperatures it delivers will give all of us a taste of what climate change could look like in 2035 if we continue to burn fossil fuels at the same rate. Ukraine Hits More Russian Fuel Tankers as Shortages Worsen Ukraine said it hit 12 more tankers in southern Russia as Kyiv expands the scope of attacks that are deepening a nationwide gasoline shortage. Read more European automaker woes continued today. Porsche reported its deliveries slumped 16% in the first half, dragged down by weak demand in its biggest market of North America and a decline of nearly a third in Ch...
You probably saw some living expenses drop once you retired. You likely spend less on work clothes, gas for commuting, child care, and, of course, saving for retirement. But other expenses may have risen sharply to take their place, including healthcare. Medical expenses tend to increase as you age, regardless of how healthy you are. If you struggle with obesity, that can lead to further costly co...
You probably saw some living expenses drop once you retired. You likely spend less on work clothes, gas for commuting, child care, and, of course, saving for retirement. But other expenses may have risen sharply to take their place, including healthcare. Medical expenses tend to increase as you age, regardless of how healthy you are. If you struggle with obesity, that can lead to further costly complications. But a recent Medicare change could help keep your retirement healthcare costs a bit more manageable going forward. Image source: Getty Images. Continue reading
Sona Asset Management is looking to expand its business in asset-based finance and significant risk transfers as public and private debt markets converge. “The thing that excites us the most is the scope for growth in ABF markets here in Europe,” Henrik Johnsson, the London-based hedge fund’s chief executive officer, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Aidan Cheslin in...
Sona Asset Management is looking to expand its business in asset-based finance and significant risk transfers as public and private debt markets converge. “The thing that excites us the most is the scope for growth in ABF markets here in Europe,” Henrik Johnsson, the London-based hedge fund’s chief executive officer, tells Bloomberg News’ James Crombie and Bloomberg Intelligence’s Aidan Cheslin in the latest Credit Edge podcast. “We really like SRTs, although spreads have obviously come in a lot
NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom. The former Pfizer headquarters at 235 East 42nd Street , being converted by David W...
NYC Tower Owner Prepares To Rebuild 15 Floors After I-Beam Failure Fears of a possible collapse at a condo tower under construction near Grand Central Terminal had abated by the end of the week, but the incident only signals the massive engineering challenges tied to Manhattan's office-to-apartment conversion boom. The former Pfizer headquarters at 235 East 42nd Street , being converted by David Werner and Nathan Berman's Metro Loft Management into more than 1,600 residential units, has become a high-profile example of the risks of repurposing aging office towers into housing at scale to achieve socialist NYC Mayor Zohran Mamdani's strategy to address the metro area's housing shortage. Engineer: “The concrete beams in our residential conversion of the Pfizer Building are buckling. The building could collapse! Did you correctly account for the weight of the additional floors we added?” ChatGPT: “You’re absolutely right! I see the issue now—in using the Euler… pic.twitter.com/Wh3pABw84f — tedfrank (@tedfrank) July 8, 2026 Metro Loft CEO Nathan Berman told Bloomberg in an interview that 15 stories were added to part of the building, and that two columns beneath were insufficiently reinforced, leading to a failure that caused some of the 15 cantilevered floors above to sag. Via Bloomberg Berman said Metro Loft now plans to replace the facade, slabs, and steel on those floors: "We are prepared to rebuild that portion of the building." "It will be reskinned, everything will be leveled, fixed in place, and it will be brand new," he said. Tuesday morning's column failure prompted evaluations of the building and surrounding structures, as well as street closures for fear the building would collapse. Since then, crews have been working to install temporary supports. New York City's Department of Buildings has released a new image showing the emergency works to stablise the 37-storey tower at 235 East 42nd Street after structural beams were seen buckling on its 21st floor. In ...