Energy
Hedge fund Third Point buys stake in Shell, urges breakup
Hedge fund Third Point has built a large stake in Royal Dutch Shell (RDSa.L) and called on the oil major to split into multiple companies to increase its performance and market value.
Are high energy prices here to stay? Analysts weigh in on the gas crisis
Natural gas supply is set to rise incrementally in the coming years, before jumping in 2025, analysts told CNBC.
Environment
Jeff Bezos wants to build a “business park” in space
Blue Origin has put together a team of contractors, including Sierra Space, Boeing, and Redwire Space, to launch a space station called Orbital Reef sometime before the end of the decade that will act as a “business park” in orbit, hosting projects developed by governments and private users.
Verizon announces intent to use Amazon’s planned Project Kuiper constellation
Verizon Communications is working with Amazon to develop solutions for its proposed Project Kuiper megaconstellation, with the aim of using the satellites to extend connectivity services to more rural and remote communities across the United States.
Health
Recent evidence indicates a potential therapeutic role of fluvoxamine for COVID-19. The TOGETHER trial for acutely symptomatic patients with COVID-19 aimed to assess the efficacy of fluvoxamine versus placebo in preventing hospitalisation defined as either retention in a COVID-19 emergency setting or transfer to a tertiary hospital due to COVID-19.
A hospital hiked the price of a routine childbirth by calling it an ’emergency’
Over the past 20 years, hospitals and doctors have learned there’s great profit in upcoding visits. After all, the insurer isn’t in the exam room to know what transpired.
The post Daily Digest 10/28 — Antidepressant Fluvoxamine Proves Effective against C19; Bezos Eyes the Orbit appeared first on Peak Prosperity.
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