Competition drives innovation, efficiency, and improvement across various fields and endeavors. Look at Google and Apple, there is a need and room for both in the smartphone industry; innovation begets innovation. The same is true for infection prevention—the more competition, the better the solutions. Hylomorph, a clinical-stage medical device company, has developed one such solution that has the potential to minimize post-surgical complications greatly.
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Biden Grants Thirty States $4.3 Billion Funding to Start Climate Pollution Reduction
The EPA, backed by Biden's Inflation Reduction Act, has awarded $4.3 billion in grants to 30 states for climate pollution reduction projects, targeting greenhouse gas emissions across various sectors.
China Eyes 'Voluntary and Flexible' Retirement Age Increase to Address Aging Population
China's Communist Party is considering a gradual and flexible increase in the retirement age to address pension system pressures caused by an aging population and declining birth rates.
Tesla to Use Humanoid Robots for In-House Operations Starting Next Year
Elon Musk announced that Tesla will begin using humanoid robots within the company as extra help next year, with plans for commercial production by 2026.
Big European Banks to Report Q2 Earnings This Week
The largest banks in Europe, such as Santander, BNP Paribas, and Deutsche Bank, are set to report their earnings for the second quarter of 2024 this week following the announcement from the European Central Bank that it would not change its interest rates.
Latest News
More than half of workers surveyed cited low pay as the top reason why they were likely to quit their jobs this year.
Share markets across Asia are expected to stay in the red after last week’s tech bloodbath, as well as the shock announcement of US President Joe Biden bowing out of the presidential race in November.
The global tech outage affected about 8.5 million Windows-based computers and laptops worldwide. A global tech outage following a faulty update from Crowdstrike caused business operations around the world to stop on Friday, leading to an estimated $1 billion in damages.
The new round of monthly payments will be sent out to eligible retirees born on or after the 21st of a month.
More than 2,000 flights in the US were canceled by Sunday evening following the tech outage. Hundreds to thousands of businesses worldwide are still struggling following a faulty software update that caused global tech outages on Friday.
US President Joe Biden announced that he was standing down from the country’s presidential election this November, endorsing Vice President Kamala Harris on his stead.
Hong Kong company known for its fermented Tofu, Liu Ma Kee, faces backlash after it was revealed that they imported and repackaged tofu under unsanitary conditions, contrary to its claims of producing it from scratch.
Disneyland employees in California have authorized a potential strike, with nearly 99% of union members supporting the move amid ongoing contract negotiations over wages and benefits.
President Xi Jinping announced strategies to strengthen the finances of China's indebted local governments, which include increasing their financial autonomy and opening infrastructure to private enterprises.
