Bruce Hawsking, Author at Equicoli

Bristol Myers to Acquire the Drugmaker Karuna for $14 Billion

23Dec

By Bruce HawskingNo Comments

Health

Bristol Myers to Acquire the Drugmaker Karuna for $14 Billion

Bristol Myers Squibb, the global pharmaceutical giant, said on Friday that it would acquire Karuna Therapeutics, which makes drugs to treat schizophrenia and Alzheimer’s, in an all-cash deal valued at $14 billion as it looks to strengthen its pipeline of neuroscience drugs.Bristol Myers said in a statement that it would pay $330 per share in cash, a premium of roughly 53 percent to Karuna’s share price on Thursday.An increasing prevalence of schizophrenia, driven in part by an aging population, has led to a push to make more drugs to treat it. The market for such therapies is estimated to grow to $12.6 billion by 2032, according to the research firm Market.Us. Earlier this month, the biomedical company AbbVie bought Cerevel Therapeutics, which develops drugs to treat psychiatric and neurol...

No Hit League? The ‘lost art’ of body checking in the NHL

23Dec

By Bruce HawskingNo Comments

Sports

No Hit League? The ‘lost art’ of body checking in the NHL

Seventeen years and more than 1,200 games ago, Andrew Cogliano remembers how difficult it was to traverse the state of California.The Los Angeles Kings, Anaheim Ducks and San Jose Sharks were three of the biggest, heaviest teams in the league. If you had to play all three in succession? Well, good luck. Not only were those teams willing to play a punishing brand of hockey, but they were all highly skilled and generally successful, too.After a few years in Edmonton where he broke into the league, Cogliano was dealt to the Ducks as a free agent in the summer of 2011 and was part of a team that qualified for the playoffs in six straight seasons from 2012-13 through 2017-18. Those California road trips became regular intrastate battles. And they were vicious.“My first couple years in Anaheim, ...

Substack Says It Will Not Ban Nazis or Extremist Speech

23Dec

By Bruce HawskingNo Comments

Technology

Substack Says It Will Not Ban Nazis or Extremist Speech

Under pressure from critics who say Substack is profiting from newsletters that promote hate speech and racism, the company’s founders said Thursday that they would not ban Nazi symbols and extremist rhetoric from the platform.“I just want to make it clear that we don’t like Nazis either — we wish no one held those views,” Hamish McKenzie, a co-founder of Substack, said in a statement. “But some people do hold those and other extreme views. Given that, we don’t think that censorship (including through demonetizing publications) makes the problem go away — in fact, it makes it worse.”The response came weeks after The Atlantic found that at least 16 Substack newsletters had “overt Nazi symbols” in their logos or graphics, and that white supremacists had been allowed to publish on, and profit...

Price Increases Cooled in November as Inflation Falls Toward Fed Target

23Dec

By Bruce HawskingNo Comments

Business

Price Increases Cooled in November as Inflation Falls Toward Fed Target

A closely watched measure of inflation cooled notably in November, good news for the Federal Reserve as officials move toward the next phase in their fight against rapid price increases and a positive for the White House as voters see relief from rising costs.The Personal Consumption Expenditures inflation measure, which the Fed cites when it says it aims for 2 percent inflation on average over time, climbed 2.6 percent in the year through November. That was down from 2.9 percent the previous month, and was less than what economists had forecast. Compared with the previous month, prices overall even fell slightly for the first time in years.That decline — a 0.1 percent drop, and the first negative reading since April 2020 — came as gas prices dropped. After volatile food and fuel prices we...

Migrants Crossing the Darién Gap Find Success on Social Media

22Dec

By Bruce HawskingNo Comments

World

Migrants Crossing the Darién Gap Find Success on Social Media

Much of the content about the Darién and the rest of the journey is aspirational, featuring everyday people overcoming great odds, sometimes accompanied by religious music. One TikTok video of a disabled person making his way through the jungle on the back of another man has more than 10,000 comments.Even a Darién parody subgenre has emerged, built on a long tradition of using humor to confront tragedy. A video featuring a fake Hugo Chávez, the father of Venezuela’s socialist revolution, migrating through the Darién has been shared more than 23,000 times.In it, Fake Chávez curses his successor, President Nicolás Maduro, who has held onto power for the last decade. The bit carries the hashtag #hunger #corruption and #fear.Facebook and TikTok are also flooded with the faces of people who hav...

How Tongue Tie and Lip Tie Surgery Became a Big Business

21Dec

By Bruce HawskingNo Comments

Health

How Tongue Tie and Lip Tie Surgery Became a Big Business

Later in 2020, Ms. Lavelle also complained to the board, describing how she had been traumatized by her daughter’s tongue-tie release.The lactation board, which reports its disciplinary decisions, has not taken action against Ms. Henstrom. A spokeswoman for the board, Susan Brayshaw, declined to comment on the complaints, citing a policy of confidentiality. “Some complaints take significantly longer than others due to the nature of the allegations and related investigations,” she said.Since 2002, the board has revoked the certifications of only three lactation consultants.Ms. Lavelle also filed a complaint against Dr. Zink with the Idaho board of dentistry. The board collected medical records and statements from Ms. Lavelle and Dr. Zink. Dr. Zink told the board that June’s procedure was “u...