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In the development of disease treatments, the stage between basic research and advanced clinical trials is known as “the valley of death.”While ample public grants fund early-stage research and pharmaceutical companies are willing to fund…

Restaurants, bars, caterers, and other food companies devastated by the pandemic filed for help on Monday for a new federal aid program worth $ 28.6 billion, but the money is not expected to last long.Despite some glitches after thousands…

Here’s what you need to know:Technical glitches marred the beginning of the first day of submitting applications for the grant program.Credit...Zack Wittman for The New York TimesMusic club operators, theater owners and others in the…

WASHINGTON - President Biden will seek new taxes for the rich, including nearly doubling the capital gains tax for people who earn more than $ 1 million a year, to mark the next phase of his $ 4 trillion plan to transform the American…

Tribune Publishing announced Monday that talks about the sale to Newslight, a company founded last month by hotel manager Stewart W. Bainum Jr. in Maryland and Swiss billionaire Hansjörg Wyss, had ended after Mr Wyss split had withdrawn…

The rally in stock markets during the pandemic was nothing short of astonishing. However, rising interest rates raise the question of how long this bull market can last.In the twelve months to March, the average common stock mutual fund…

WASHINGTON - President Biden on Friday outlined a huge spike in federal spending, calling for a 16 percent increase in domestic programs to use government power to reverse what officials have described as a decade of underinvestment in the…

Jeff Bezos, CEO of Amazon, announces the formation of The Climate Pledge at the National Press Club on September 19, 2019 in Washington.Paul Morigi | Getty Images | AmazonJeff Bezos, CEO of Amazon, named the head of a top environmental…

These managers bankedToday Institutional Investor announced the 20th edition of its Rich List, one of the most watched rankings of hedge fund manager performance. Every year, financial tycoons rethink the magazine's estimates, whose…

Israel "Izzy" Englander, Chairman and CEO of Millennium Management LLC.Ronda Churchill | Bloomberg | Getty ImagesThe 25 highest-paid hedge fund managers hit a record $ 32 billion in 2020, up more than 50% from 2019, according to…