It’s a good time to be a healthcare or biotech startup. In the first half of 2018, healthcare startups raised $US15 billion in funding, the most raised in the first half of the year in the last decade, according to Forbes. By July, a new crop of unicorns – startups […]

Nearly one in five adults lives with a diagnosed mental illness, and estimates suggest that only half of these people receive treatment. Two entrepreneurs, Alison Darcy and April Koh, have started companies meant to address mental-health issues. Darcy’s startup, Woebot, is an on-the-go therapy chatbot and app that uses the […]

Wall Street banks have followed up their stellar 2018 debut in stock trading with another robust performance in equities in the second quarter. JPMorgan Chase, Citigroup, and Bank of America Merrill Lynch all saw strong second-quarter earnings in the past week, with each reporting a second consecutive standout performance from […]

During second quarter earnings, bank executives from Citi, JPMorgan and Bank of America tamped down concerns about the impact of Trump’s trade war on their firms. Worries over trade may have actually boosted results, the executives said, by increasing client uneasiness which led to increased trading business. Executives from the […]

JPMorgan on Friday announced record first-half revenue for equities trading and advisory fees. Daniel Pinto, head of the corporate and investment bank, lauded the results in a memo to staff this morning. It’s amazing what can be done when multiple businesses work together. That was the message from Daniel Pinto, […]

Grant Verstandig is the chief digital officer of UnitedHealth Group, the largest health insurer in the US. Verstandig, 29, is also the CEO of Rally Health, a startup he founded after dropping out of college at 21. UnitedHealth has a majority stake in Rally, which led Verstandig to his role […]

President Donald Trump has been making a stink about drug prices, claiming a win Tuesday night when Pfizer deferred its plan to increase the prices of 10% of its medications. But it remains to be seen how Pfizer’s move will impact patients still facing high prescription drug costs. Here’s all […]

The debate over rebates tearing apart Wall Street has gotten even more heated. In a new letter, NYSE is blasting IEX’s accusations that it is misleading listed companies. Just when we thought the war tearing apart Wall Street couldn’t get any more heated, it just did. The New York Stock […]