At a museum near the U.S. Capitol three weeks ago, 700 guests sampled bratwurst and vodka and watched the Olympics on a mammoth screen. From the second floor, Comcast Corp.’s David Cohen addressed the crowd, which included the Russian ambassador and a White House official.
Annie Ierardi works from home in a Nashville, Tennessee, building that’s adding apartments as waves of young workers flock to a city flush with jobs, music and ambition. Amid noise and disruption, she can’t imagine leaving.
Comcast Corp.’s proposed purchase of Time Warner Cable Inc. goes before U.S. regulators who may be more interested in ensuring Internet users can see Netflix Inc.’s videos than parsing the combined company’s market share.
Gilead Sciences Inc., the world’s largest maker of HIV medicines, said insurers have responded favorably over coverage of its new hepatitis C drug, which has a price tag of $84,000 for a 12-week course of treatment.
Investors pulling back from emerging markets have lately thought India a relatively safe bet. That’s partly because they’ve been impressed with Raghuram Rajan, the governor of the Reserve Bank of India. If the global financial turbulence persists, confidence in the central bank’s new boss may not be enough.
The World Health Organization’s cancer agency warned there will be 22 million new cases of cancer each year within two decades, as the burden of the disease falls disproportionately on developing countries.
California Governor Jerry Brown has amassed $17 million from a well of donors including Exxon Mobil Corp., Facebook Inc., Microsoft Corp. and even porn mogul Larry Flynt for a re-election campaign without saying he plans to run.