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McDonald's stock has risen just 3% this year, as investor concerns about the restaurant industry and the broader economy have weighed on shares.
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The White House is close to announcing a deal with drugmakers Eli Lilly and Novo Nordisk that would cut the price of obesity drugs to $149 per month in some cases and extend coverage to certain Medicare and Medicaid beneficiaries, according to media reports Tuesday.
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Character.AI is the latest to scrutinize who can use the platform—or how AI handles sensitive issues.
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EVERY minute more than 100 people die. Most of these deaths bring not just grief to some, but also profit to others. America's 2.7m-odd deaths a year underpin an industry worth $16bn in 2017, encompassing over 19,000 funeral homes and over 120,000 employees. In France the sector is worth an estimated €2.5bn ($3.1bn). The German market was worth €1.5bn in 2014 and employed nearly 27,000 people, a sixth of them undertakers. In Britain the industry, estimated to be worth around £2bn ($2.8bn), employs over 20,000 people, a fifth of them undertakers.
In the coming decades, as baby-boomers hit old age, the annual death rate will climb from 8.3 per 1,000 people today to 10.2 by 2050 in America, from 10.6 to 13.7 in Italy and from 9.1 to 12.8 in Spain. Spotting the steady rise in clientele, money managers—from risk-seeking venture capitalists to boring old pension funds—have been getting into the death business. Last year the Ontario Teachers Pension Fund bought one of Spain's largest funeral...Continue reading
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