Author: Press Room
The Senate on Tuesday confirmed Dr. Monica M. Bertagnolli, a cancer surgeon who currently leads the National Cancer Institute, as the next director of the National Institutes of Health, overriding the objections of Senator Bernie Sanders of Vermont, the chairman of the Senate health committee.The vote was 62 to 36. In a statement last month, Mr. Sanders said that while Dr. Bertagnolli was an “intelligent and caring person,” he would vote against her because she “has not convinced me that she is prepared to take on the greed and power of the drug companies and health care industry.”Dr. Bertagnolli will…
SEATTLE, WA – MAY 04: A pedestrian walks by the Bill and Melinda Gates Foundation on May 4, 2021. … [+] (Photo by David Ryder/Getty Images)Getty Images The Bill and Melinda Gates Foundation talk about the need for what they call a “digital public infrastructure” (DPI). The Foundation says that a strong DPI has three foundational systems—identity, payments, and data exchange—that together can make life easier in important ways. It highlights such an infrstructure as a way to reduce poverty in emerging economices, but the truth is that developed economies need a digital public infrastructure too, including the United States.…
looking at photo album together on couch in living roomgetty Welcome to November, National Family Caregivers Month, one of those Hallmark Card-like designations that politicians grant when they can’t, or won’t, actually act to help people. But instead of getting frustrated over what Congress isn’t doing, it seems like a good opportunity to think about what support those family members need. Many groups have surveyed family caregivers over the years but a new one commissioned by the Commonwealth Fund is especially instructive. It provides some up-to-date information on what these family members do, why they do it, the burden it…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Jeremy Hunt’s plans to unlock £50bn of retirement fund investment have been left “in limbo” after the UK government did not include a pensions bill in the legislative agenda it presented on Tuesday, industry experts warned.The UK chancellor has in recent months unveiled a raft of new measures to boost pensioner incomes as well as stimulate the economy, including a pact with nine big UK pension funds to invest more in private assets.Hunt has said his so-called Mansion House reform package could…
2/2 © Reuters. FILE PHOTO: The Bank of Israel building is seen in Jerusalem June 16, 2020. Picture taken June 16, 2020. REUTERS/Ronen Zvulun/File Photo 2/2 By Steven Scheer and Marc Jones JERUSALEM (Reuters) – A month on from the Oct. 7 attack by Hamas gunmen that killed 1,400 Israelis, investors are gradually returning to country’s financial markets, warily accepting the descent into its worst security crisis in decades. Although a significant weakening of the dollar over the last week has helped, Israel’s marked a remarkable comeback on Tuesday as it recouped the last of the 5% it lost in…
© Reuters. ExxonMobil Corp. (NYSE:) announced the appointment of Dina Powell McCormick (NYSE:) to its board, a move that strengthens the energy giant’s commitment to sustainability and lower emissions. McCormick is set to begin her board membership at Exxon on January 1, 2024. McCormick’s experience spans diplomatic roles for two U.S. presidents and leadership positions in Goldman Sachs’ sustainability efforts and impact investing businesses. At Goldman Sachs, she managed a $750 billion investment fund dedicated to sustainable energy. ExxonMobil’s Chairman and CEO Darren Woods and lead independent director Joseph Hooley lauded McCormick’s leadership skills and her potential to increase shareholder…
House lawmakers on Tuesday will vote on two new resolutions to censure Rep. Rashida Tlaib, D-Mich., for her anti-Israel comments after a previous attempt failed.Georgia Republican Reps. Rich McCormick and Marjorie Taylor Greene each have forced a vote on their resolutions to censure Tlaib for “promoting false narratives” on the Israel-Hamas war and “antisemitic activity,” respectively. These privileged resolutions came after 23 Republicans voted against Greene’s previous resolution, which accused the Michigan Democrat of leading an “insurrection” at the Capitol. Greene has said her new resolution replaced the word “insurrection” with “illegal occupation,” which refers to the pro-Palestinian rally Tlaib attended…
Some Democrats want the Education Department to recoup funds from Ashford and University of Phoenix.The department previously accused those schools of fraud, granting thousands of borrowers debt relief.The lawmakers want the schools to pay up so taxpayers don’t foot the bill for the relief. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app After thousands of student-loan borrowers received debt cancellation following accusations of fraud from their schools, a group of top Democrats want President Joe Biden to take the relief a step further.Last week,…
Wealthy Asian families are increasingly sending their younger generations to study at homegrown universities, as the region’s powerful economies present greater opportunities for business connections — and business expansion.Where once rich dynasties favoured American and European establishments for their children’s undergraduate and post graduate studies, advisers report that many are now opting for the highly-ranked universities in mainland China, Hong Kong and the wider Asia Pacific region. “There is definitely a growing interest and trend for Asia to become a preferred destination for higher education,” says Winnie Qian Peng, director of the Roger King Center for Asian Family Business and…