Private equity acquires a taste for drug development

By David Carnevali (Reuters) – Private equity firms that deemed drug development too risky for their liking in the past are increasingly investing in the sector, raising dedicated funds and coming up with deals that compensate them for the uncertainty involved. These firms are seeking to capitalize on the growing gap between the supply of … Read more

Covid China: After three years of isolation, China opens its gates

Hong Kong (CNN) — Thousands of travelers crossed mainland China’s borders on Sunday for joyful reunions and long-awaited journeys as authorities relaxed restrictions that had both separated families and isolated the world’s most populous country for nearly three years. At international airports in China’s major cities, families awaited returnees at the exit gates for the … Read more

7,000 nurses at two New York City hospitals on strike as contract negotiations fail

new york CNN — A walk-out by more than 7,000 nurses at two major New York City hospitals began at 6 am ET Monday after talks aimed at averting a strike broke down overnight. Tentative deals had been reached in recent days covering nurses at several hospitals, including two new agreements late Sunday evening. But … Read more

Police arrest husband of missing Massachusetts woman on charge of misleading investigation

Police have arrested a Massachusetts man for misleading the investigation into the mysterious New Year’s Day disappearance of his wife from a wealthy Boston suburb. Authorities on Sunday announced the arrest of Brian Walshe, 46, of Cohasset, whose wife Ana Walshe, 39, a mother of three, was simultaneously reported missing by both her husband and … Read more

Teacher shot by 6-year-old known as devoted to students

RICHMOND, Va. (AP) — The Virginia teacher who authorities say was shot by a 6-year-old student is known as a hard-working educator who is devoted to her students and enthusiastic about the profession that runs in her family, according to fellow teachers and city officials. John Eley III, a former member of the Newport News … Read more

Merrimack High School student dead after crash, others injured

A student at Merrimack High School was killed after a head-on crash Friday night, which seriously injured others, according to police. The Merrimack School District Chief Education Officer, Everett Olsen, said Xander Venedam, 18, was a student at the high school and was killed in the crash. He said Xander had a great personality and … Read more