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Bloomberg

68 posts

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Screen weak pills to save drug costs

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Bloomberg Drug ads often reveal a laundry list of side effects, but there’s little or no information on which are rare and which are common. Many of the prescription drugs Americans struggle to pay for don’t work very well, and if we were better informed, we m... More »

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Essar ruling hurts India’s debt market

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Bloomberg Banks will steer most bankruptcies toward liquidation, leading to unnecessary job losses and higher loan-loss provisions in a capital-starved financial system. By Andy Mukherjee India’s insolvency tribunal has made a dangerous decision. Unless its ju... More »

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Lightning strike Boeing once too often

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Bloomberg Developing new aircraft is a decade-scale project, with certification by aviation regulators alone typically taking five years. (Reuters) If you’re in the business of selling passenger aircraft, design flaws that might cause your planes to crash ough... More »

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Why businesses must fight climate change

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Bloomberg In the absence of federal action on decarbonising the power sector, states are taking action on their own. Last week, the New York State Assembly passed the most aggressive clean-energy target in the United States, requiring New York to get 100% of i... More »

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The case for a financial transaction tax

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Bloomberg It is a good conservative principle that where possible, the government should recover the cost of its services from the people who use them, rather than from taxpayers at large. It is also pretty uncontroversial that the government must oversee fina... More »

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Bitcoin lessons for Facebook’s Libra

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Bloomberg Facebook launched its ambitious new cryptocurrency, which targets 2.6 billion users and is backed by up to $1 billion in funds. For the blockchain faithful, there was plenty of the usual stuff you see in these kinds of projects: A white paper, a non-... More »

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Healthy life can’t prevent cancer

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Bloomberg Recent news that random bad luck plays a big role in cancer has been misinterpreted as bad news, when it’s actually very useful in helping humanity understand what cancer is and what can be done to prevent it. New experiments attempt to quantify find... More »

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Climate change is an undeniable reality

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Bloomberg By Nathaniel Bullard In May, the Toronto Star launched an in-depth series on climate change in Canada, with a straightforward title: “Undeniable.” It’s an apt description of the evidence within the reporting and elsewhere in publicly available data. ... More »

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Greener energy may mean slower growth

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Bloomberg By Mark Buchanan Economists teach us that resources don’t just run out. As something becomes scarcer, its price rises, triggering a search for new supplies or the discovery of substitutes. We’ve seen it happen over the past two decades in the oil mar... More »