Industry
AMD Proceeds Fall Short of Expectation Says Analysts
Advanced Micro Devices Inc. (AMD) is trying to return to its sustained profitability. The predicted fourth-quarter revenue will miss the analysts’ expectations, partly because of the dwindling orders for game console processors.
Price for Leukemia Drug Inflates; Lawmakers Oppose
ARIAD Pharmaceuticals, an oncology company based in Cambridge, Massachusetts is coming under fire for raising the price of its signature product for the fourth time this year. Two lawmakers are asking to know the explanation for the hike for a year’s supply of a drug that treats leukemia.
Tough Regulatory May Open Roads For Alaska Pot Industry
The very first legal pot shops in Alaska is expected to be opened in just a few weeks’ time. Potential business owners, investors and state regulators have worked in building a new industry in the two years upon the voters' approval to the Ballot Measure 2.
New Venture Capital Fund Takes $5M Investment toward Haredi Startups
An ultra-Orthodox Israeli start-up incubator organization – KamaTech, launched a venture capital fund focused exclusively to entrepreneurs and start-ups from the haredi community in a seasonally appropriate setting – a succa – a temporary hut as a symbolic shelter commemorating the time when the Israelites lived in the wilderness after they were freed from slavery in Egypt.