Oregon was taking a major step Friday in its pioneering of legalized psilocybin therapy with the graduation of the first students trained in accompanying patients tripping on psychedelic mushrooms, although a company’s bankruptcy has left another group on the same path adrift.…
On Monday, the head of the Federal Deposit Insurance Corp. warned a gathering of bankers in Washington about a $620 billion risk lurking in the US financial system. By Friday, two banks had succumbed to it. Whether US regulators saw the dangers…
While Fed Chair Jerome Powell acknowledged last year that spiked mortgage rates would set off a “difficult [housing] correction,” he didn’t tell us it’d be a bifurcated correction. In some markets, like St. Louis and Boston, home prices are just a hair below their 2022…
Dispensing and packaging supplier Aptar Beauty has acquired France’s iD Scent, an expert in paper fragrance sampling solutions. The operation strengthens Aptar’s fragrance sampling portfolio with plastic-free solutions. The specialist in perfume discovery through paper-based solutions is joining Aptar Beauty.…
Elon Musk says he’s open to the idea of Twitter buying Silicon Valley Bank, which abruptly failed on Friday, leaving many worried this weekend about what ramifications might unfold next week. The billionaire responded Friday night to a suggestion that…
Mark Cuban wants the Fed to buy Silicon Valley Bank’s debt, pronto. Not doing so, he believes, will shake confidence in the financial sector—and hurt tech startups and their employees. On Friday, the bank failed following a bank run that…
The problems that triggered SVB Financial Group Inc.’s death spiral were hiding in plain sight in the firm’s earnings reports. That’s according to short seller William C. Martin, who warned his Twitter followers about the balance-sheet issues for almost two…
LGBTQ+ founded and owned company skincare technology brand has announced its expansion into 650 Ulta Beauty store locations nationwide and Ulta.com. Solawave’s new 4-in-1 Radiant Renewal Skincare Wand, Renew Complex Serum, and the brand’s Bye Acne tool will be available…
The idea of a four-day workweek is gaining steam in economies like those of the U.S. and the U.K., as studies report shorter working hours lead to lower burnout and improved employee retention without hurting productivity. But South Korea is…
Artificial intelligence is moving at warp speed, and it’s creating new jobs for workers across industries. One such job could end up becoming much more commonplace—and extremely lucrative. San Francisco–based A.I. startup firm Anthropic has posted a listing for a…