There’s an old saying about the news business: If you want to make a small fortune, start with a large one. As the prospects for news publishers waned in the last decade, billionaires swooped in to buy some of the country’s most fabled brands. Jeff Bezos, the founder of Amazon, bought The Washington Post in…
Shortly after dropping two Harvard scientists with financial conflicts of interest, the national organization assembling a committee to assess the evidence about drinking and health has chosen four new panelists, among them another Harvard professor who also has financial ties to the alcohol industry. The committee’s work, under the auspices of the National Academies of…
Federal regulators on Wednesday approved a new financial product that tracks the price of Bitcoin, a landmark moment for the cryptocurrency industry that proponents hope will increase investment in the technology. The Securities and Exchange Commission authorized 11 applications to offer exchange-traded funds tied to Bitcoin, a potentially simpler way for people to invest in…
