23andMe Inc.’s clash with U.S. regulators over the direct sale of its gene analysis service to consumers signals stiffer oversight of thousands of tests in an industry predicted to increase fivefold in size.
Sales of investment-grade corporate bonds in the U.S. reached an all-time high for a second straight year as issuers took advantage of borrowing costs that touched record lows to offer deals of unprecedented size.
Sales of dollar-denominated corporate bonds soared to a record for the second straight year, led by speculative-grade borrowers that rushed to offer debt before the Federal Reserve cuts its unprecedented stimulus.
China’s broadening national-security commitments, including a warning of defensive measures against foreign aircraft in its new East China Sea air zone, risk straining a military still catching up with its rivals.
To appreciate why U.S. Representative Scott Peters has twice broken with his Democratic colleagues and voted to roll back parts of Obamacare, it’s helpful to know that his San Diego-area district is teeming with voters who have reasons to be angry about the law.
In San Diego, 50 percent of the population rents and the remaining 50 percent are homeowners. And in the past year the San Diego real estate market has seen an 19.8 percent increase in value, with a median sales price of $431,800, according to Zillow.