In one of the most anticipated announcements in months, the Federal Reserve’s Federal Open Market Committee declared that it would maintain its policy of buying $85 billion in government debt and mortgage backed securities per month, despite expectations that it would begin to taper these purchases in response to an improving …
Google Calico and a Brief History of the Immortality Business
Humans have aspired to immortality since, well, forever. Google’s push into the science of aging is the latest effort at significantly extending our lifespan. Its new company, called Calico, is likely the most serious such …
Google’s Calico Could Pose a Conflict for Apple Chairman Arthur Levinson
Levinson will become CEO of Google-backed Calico while also serving as chairman of Apple’s board of directors
Exclusive: TIME Talks to Google CEO Larry Page About Its New Venture to Extend Human Life
Bold project, to be led by biotech pioneer Arthur Levinson, will tackle’s some of health care’s biggest problems
Inside the Googleplex
Google’s Mountain View, Calif. headquarters is as diverse—and sometimes bizarre—as the company’s many innovative projects.
Walgreens Replaces Company Health Care with Payouts
Walgreens is the latest major employer to rewrite its health care program in a drive to limit rising costs by taking advantage of new federal regulations, the Wall Street Journal reports.
The largest drug retail chain in the United States said Wednesday that it will provide payments to roughly 160,000 employees to shop for their own …
New Home Building Ticks Upward
Housing starts rose 0.9 percent in August
SEC Will Unveil CEO Pay Ratio Rule
U.S. corporations will have to disclose how their CEO’s pay compares to that of their average worker under a proposal to be unveiled Wednesday by the SEC, Reuters reports.
Unions and labor advocates say the disclosures will help investors decide whether a company’s compensation model is too top-heavy for their liking. But many …
China Property Prices Surge in August
New home prices in China rise to highest levels this year to test government cooling measures
Taper Tantrums: 3 Myths About Quantitative Easing
The Federal Reserve concludes a meeting of the Federal Open Market Committee later today, and markets are anxiously awaiting what the committee will decide with regards to the central bank’s monthly purchases of $85 billion in …
The World Waits for Bernanke’s Big Decision, and Worries
Ending Fed stimulus could drag down the entire global economy
Mad Monster Retro Rush Coming to Cereal Aisle This Halloween Season
What, you’ve never heard of Frute Brute and Fruity Yummy Mummy? To a certain population that grew up in the 1970s and ’80s, the return of these cult-favorite monster-themed cereals—in vintage form, no less—is bringing on a high on par with eating two bowls of sugar cereal while Saturday morning cartoons blare on the TV.