A cheap and widely-used steroid called dexamethasone has become the first drug shown to be able to save lives among COVID-19 patients in what scientists said is a "major breakthrough" in the coronavirus pandemic. Trial results announced on Tuesday showed dexamethasone, which is used to reduce inflammation in other diseases such as arthritis, reduced death rates by around a third among the most severely ill of COVID-19 patients admitted to hospital. "This is a (trial) result that shows that if patients who have COVID-19 and are on ventilators or are on oxygen are given dexamethasone, it will save lives, and it will do so at a remarkably low cost," said Martin Landray, an Oxford University professor co-leading the trial, known as the RECOVERY trial....
(Bloomberg) -- Will Hayes has grown accustomed to an awkward start to business meetings. On numerous occasions, venture capitalists would confuse Hayes, the head of software company Lucidworks Inc., with another man on his executive team. The investor would introduce himself, extend a handshake to the other guy and say, “Good to meet you, Will.” It’s strange because they don’t look alike. Also, Hayes is Black, and his deputy is White.This happened so many times, in dozens of meetings over many years, that Hayes and his longtime colleague, Keith Messick, say it’s no coincidence. Such unintentional instances of racism, they say, have become a routine—and insidious—part of doing business at a Black-led company in Silicon Valley.Protests over the death of George Floyd at the knee of a White police officer in Minneapolis are triggering a global conversation about race. Technology companies and VCs have responded in recent weeks with messages of solidarity, offers of mentorship and more than $300 million in contributions or investments toward...
Stock futures extended gains Tuesday morning followed a report that the Trump administration was poised to unveil a $1 trillion proposal for U.S. infrastructure work, in a move to help boost the domestic economy....
In May 2012, Hanson and Michael Rowe noticed an overpowering smell, like rotten eggs, seeping from an abandoned gas well on their land in Kentucky. The actual amount could be as much as three times higher, the EPA says, because of incomplete data....
Leaders of the high-profile firm founded by David Boies circulated an email asking shareholder partners to authorize the firm to seek up to $20 million in forgivable government loans, two sources familiar with the matter told Reuters. Boies Schiller Flexner, where partners commonly earn seven-figure compensation, is known for representing Hollywood producer Harvey Weinstein against sexual-assault accusations and companies ranging from Oracle to Theranos. The firm declined to comment on whether it actually applied for or received the money under the U.S. government’s Payment Protection Program....
