Health stocks take a beating after Amazon, JPMorgan, Berkshire team-up to cut costs

Shares of healthcare-related companies fell after Amazon.com, Berkshire Hathaway and JPMorgan said they plan to form a venture aimed at lowering healthcare costs for their US employees. The S&P health sector tumbled 1.9 per cent, the most among the 11 major sectors and set for its biggest one-day drop since October 2016, with all categories of companies dropping. Rising bond yield continued to weigh on US stocks on Tuesday, pushing the Dow Jones Industrial Average down more than 250 points, with pressure also being piled on by a drop in health companies. Health insurer United Health fell 4.3 per cent, …

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NASA to upgrade ground station facilities

Currently, NASA is going all guns blazing for improving its ground stations that are being utilized as the backup system for the purpose of maintaining the communication linkup with the International Space Station(ISS). Currently, the primary way of communicating with the ISS is the space network of NASA. The process of communication mainly depends upon a constellation of Tracking as well as Data Relay satellites in the geostationary orbit. For the purpose of back up the agency also keeps a system of ground stations which is responsible for receiving and transmitting very high-frequency radio waves. To be precise the system …

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Highly active older adults said to suffer from back pain more

Scientists have pointed out that the occurrence of back pain is more common among highly active older adults as compared to those who are not as active. According to the study published in the Journal of the American Geriatrics Society, many well-functioning and highly active older adults experienced back pain, which was linked with poorer perceived and observed walking endurance. The authors noted that it will be important to study whether back pain may serve as a catalyst for future loss of mobility in active older individuals. Scientists say that lumbopelvic pain (LPP) was common in well-functioning older adults and was associated with …

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Scientists find reason behind nerve cell death in Parkinson’s disease

Parkinson’s disease is one of the most complicated diseases that humans suffer from and while studies continue towards finding more definite causes and possible therapies, one study has brought us closer to understanding what causes nerve cell death in the disease. Parkinson’s disease is the most common degenerative movement disorder in Canada, affecting about 100,000 people. Published in the journal Nature Communications, the study used stem cells collected from people with the disease. The research team studied how nerve cells try to cope with misfolded alpha-synuclein. Through the study, a University of Guelph researcher has possibly unlocked the potential for treatment to …

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Bill Gates doesn’t like using “developed” and “developing” to categorize countries

Bill Gates has said that the terms “developed” and “developing” used to identify countries based on the progress is meaningless and that he has found alternatives to these terms. Gates said that he continued to use these terms himself for lack of proper alternative “Any categorization that lumps together China and the Democratic Republic of Congo is too broad to be useful. But I’ve continued to use “developed” and “developing” in public (and on this blog) because there wasn’t a more accurate, easily understandable alternative—until now,” Bill Gates said. In a new blog post, Gates shared a new framework to …

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NASA’s research project on the possibilities of reproduction in Space

Micro-11 is the new experiment planned by NASA. The primary objective of the analysis is to find out whether humans are at all capable of breeding in space. This information is essential for the future as there are always the chances of humans getting settled in outer space. A total of 5800 cargo of equipment was sent to space by NASA, and all of it consisted of sperm frozen in a container from 12 anonymous donors. This was obtained from the sperm bank of California. Other repositories of sperm were from breeding bulls. The chemicals will be added to the …

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UK pension crisis can be eased through better health and economic activity

Experts have called for an ‘active ageing’ environment in the UK along with other measures to ease the pension crisis brewing in the country. According to a report from the Centre for the Study of Financial Innovation (CSFI), raising the UK state pension age is not enough to address the challenges caused by an ageing population. The report calls for ‘active ageing’ environment, which would improve health and economic activity among those aged over 50. The report – entitled ‘The Dependency Trap: are we fit enough to face the future?’ points out that participation in the workforce starts to tail off when people …

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IBM to invest in technologies to predict floods and cyclones in India

IBM has said it will invest to develop technologies that will help predict floods and cyclones in India. IBM’s investment is part of a USD 30-million global programme aimed at disaster relief. IBM has joined hands with the United Nations, A, David Clark Cause and the Linux Foundation for a global initiative to use technology to predict and effectively respond to natural disasters, its managing director for India, Karan Bajwa, said. As part of the global programme, it is calling on software developers, including its employees, to create the required solutions using cloud, data, artificial intelligence and blockchain platforms. “The …

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CLHIA welcomes establishment of a national Advisory Council on pharmacare

The Canadian life and health insurance industry (CLHIA) has welcomed the federal government’s move to establish a a national Advisory Council on pharmacare – a step that the CLHIA believes is a common goal towards finding a way to ensure that prescription drugs are more affordable for everyone. The CLHIA, which is a volunteer association whose member companies account for 99% of Canada’s life and health insurance business, is working towards a way to make prescription drugs affordable for members of the general public especially those who do not enjoy the benefits of a group employer plan today. CLHIA provides …

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DNB ASA of Norway is the European bank with the most capital relative to total assets

DNB ASA of Norway is the European bank with the most capital relative to total assets – an achievement that will make it easier to sell a new kind of senior debt that’s designed to absorb losses if issuers get into trouble. “We don’t think that will be a big challenge or problem for DNB due to the fact that we are so solid compared to other banks,” Chief Executive Officer Rune Bjerke said in an interview in Oslo. “And we know that demand for all kind of DNB papers in the market is very strong.” Norway isn’t part of …

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