Psilocybin mushrooms stand ready for harvest in a humidified “fruiting chamber.” John Moore | Getty Images Thursday’s announcement that Eli Lilly will acquire AtaiBeckley, a clinical-stage maker of psychedelic drugs, for up to $3.8 billion indicates Big Pharma’s increasing embrace of a long-stigmatized class of medications as alternatives for treating an array of mental health…
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1 billion. The proposal is deeply controversial, with opponents on both sides of the aisle warning that passage of the measure — the first of its kind in the U.S….
The world of economic development is spinning fast in 2026. Companies are pressing some specific demands of the states they are willing to do business in. They want low costs, minimal red tape, and turnkey sites that afford them the greatest speed to market. They want cheap and reliable electricity and abundant water in…
One of the many signs that the Covid pandemic is slipping further into the past is that companies are paying closer attention to the quality of life in locations where they are considering setting up shop. “Where are people moving? Where have they gone post-Covid?” said veteran site selection consultant Tom Stringer of Stringer Site…
As more companies insist their employees return to the office, they know they need to offer something in return to attract and retain good people. That’s why finding a place where people will want to live is an increasingly important factor as companies decide where to set up shop. “Quality of place, especially investing in…
Next week, several exchange-traded fund companies plan to hit the market with the latest ETFs, offering a way to add leverage to bets on single stocks, in this case, on the South Korean chip giant SK Hynix, which began trading in the U.S. on Friday. The development should come as no surprise: similar SK Hynix…
A view of Columbus, Ohio, Oct. 30, 2022. Sky Noir Photography By Bill Dickinson | Moment | Getty Images Offering unparalleled access at unrivaled costs, Ohio is America’s Top State for Business in 2026. It is the pinnacle of a long climb for the Buckeye State, once considered the buckle of the Rust Belt. Ohio…
Renminbi and US dollar banknotes are captured in Fuyang City, Anhui Province, China, on March 1, 2026. (Photo by Costfoto/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Every June, policymakers, regulators, bankers, investors, and financial executives gather in Shanghai for the Lujiazui Forum, China‘s premier financial policy conference. If Davos is where global…
Rainstar | E+ | Getty Images For the fifth year in a row, imposter scams ranked as the most reported type of fraud in 2025, according to the Federal Trade Commission’s latest data. While 80% of the roughly 1 million who filed an imposter scam report didn’t lose money, the other 20% lost a collective…
Johner Images | Johner Images Royalty-free | Getty Images Americans are increasingly worried that retirement will be less secure for them than it was for their parents. About 76% of workplace savers surveyed said they believe their generation will have less certainty about retirement income than previous generations, according to a new BlackRock survey. The…
