Jean Thompson, Author at Dual Cow

Anthony O’Reilly, Irish tycoon who ran Heinz, dies at 88

Jun

Anthony O’Reilly, Irish tycoon who ran Heinz, dies at 88

More news - Breaking news Anthony JF O'Reilly, a charming, ambitious, Irish-born former president of the HJ Heinz Company who also owned newspapers, luxury brands and trophy houses in France and the Bahamas, only to lose nearly everything in his eighth, has died. decade. on May 18 in Dublin. He was 88 years old. The Irish Times and other Irish newspapers, citing a family spokesman, said he died in hospital. No cause was given. From his earliest days, Mr. O'Reilly, known as Tony, has shown awkwardness about gifts. He was a world-class rugby player while still a teenager: the “red-haired…

Biden proposes eliminating medical debt from credit reports

Jun

By Jean Thompson

Investments and Business

Biden proposes eliminating medical debt from credit reports

More news - Recent news That has changed significantly in recent years, as the three national credit reporting agencies – TransUnion, Equifax and Experian – have eliminated much of that debt from credit reports. In the last two years, they stopped reporting debts less than $500 and debts less than a year in collections. According to a recent study by the Urban Institute, these changes have erased medical debt from the credit reports of millions of Americans. The percentage of Americans with unpaid healthcare bills on their credit reports dropped from 12% in August 2022 to 5% in August 2023.…

FDA panel evaluates MDMA therapy for post-traumatic stress disorder

Jun

By Jean Thompson

Health

FDA panel evaluates MDMA therapy for post-traumatic stress disorder

Related media - News 24 hours What is the framework for approval? In 2017, the FDA granted “breakthrough” status to MDMA-assisted therapy. Status, the recognition of a drug's therapeutic promise, aims to shorten regulatory times. The original application was sponsored by the nonprofit Multidisciplinary Association for Psychedelic Studies, which earlier this year created a for-profit entity, Lykos Therapeutics, to commercialize MDMA if it gained approval. FDA approval. The request presents an unusual challenge for the FDA, which typically does not regulate drug treatments associated with talk therapy, an essential part of Lykos' regimen for treating post-traumatic stress disorder. On June…

California proposes 30 AI regulatory laws amid federal gridlock

Jun

By Jean Thompson

Science and Technology

California proposes 30 AI regulatory laws amid federal gridlock

Related media - News 24 hours California lawmakers last month advanced about 30 new AI measures aimed at protecting consumers and jobs, one of the largest efforts yet to regulate the new technology. The bills aim to impose the toughest nationwide restrictions on artificial intelligence, which some technologists warn could kill entire categories of jobs, throw elections into chaos with misinformation and pose national security risks. California's proposals, many of which have won broad support, include rules to prevent AI tools from discriminating in housing and health services. They also aim to protect intellectual property and jobs. The California legislature,…

Spicy noodles and pickled fish: Chinese restaurants move to Hong Kong

Jun

By Jean Thompson

Investments and Business

Spicy noodles and pickled fish: Chinese restaurants move to Hong Kong

Related media - Latest news In the Shek Tong Tsui area, where Return Home Hunan opened in May, many of the brightly colored restaurants – once mainstays of the neighborhood – had recently closed their doors. A restaurant that served cheap noodles and milk tea was gone, as was a restaurant where retirees gathered to eat dim sum and catch up on the day's news. “The restaurant business is hard work,” said Roy Tse, the owner of a local restaurant that sold lunch rice dishes once popular among office workers in Hong Kong's Taikoo Shing business district. There are fewer…

Google CEO testifies in Ozy Media founder’s fraud trial

Jun

By Jean Thompson

Investments and Business

Google CEO testifies in Ozy Media founder’s fraud trial

Related media - Latest news At the center of the federal criminal trial is an incident in 2021 in which Mr. Watson's deputy deceived Goldman Sachs employees on a fundraising call by posing as a YouTube executive. The revelation of the call precipitated Ozy's downfall. Defense lawyers for Mr. Watson and Ozy accused his deputy, Samir Rao, of the false phone call and of misrepresenting Ozy's financial details to potential investors. Ms. Frison said in her opening statement in May that Mr. Rao was “incompetent for the role he was filling.” Mr. Rao and Suzee Han, Ozy's former chief of…