October 2024 - Page 80 of 88

Oct

03

2024

Ongoing Alzheimer’s drug trials under scrutiny despite regulatory concerns

A pharmaceutical company's attempt to win approval for a new Alzheimer's treatment, simufilam, continues amid a flurry of controversy and regulatory challenges. Recent investigations have cast doubt on the basic studies supporting simufilam. These concerns increased when scientific journals retracted several studies and key figures at Cassava Sciences, the drug's sponsor, resigned. Despite these setbacks, in September the Securities and Exchange Commission (SEC) accused Cassava Sciences of disseminating misleading data about their clinical trials. However, the company settled these charges by paying $40 million, without admitting any guilt. Interestingly, simufilam is still undergoing Phase 3 trials, involving more than 1,900…

Oct

03

2024

By Lily Chang

Property valuers from Maine to Texas strike over industry challenges

Politics

From Maine to Texas, real estate appraisers have gone on strike due to rising wage tensions and the growing use of automation in the industry. This class action is starting to cause significant disruption, impacting real estate transactions and valuations in multiple states. The strike, which began earlier this week, has seen professionals from the property valuation industry come out to express their concerns over what they perceive as unfair labor practices and the threat of job losses due to technological advances. Protesters are demanding better wages and job security in the face of these changes. In Philadelphia, the strike's…

Oct

02

2024

By Lily Chang

Salt Lake City reaches agreement with Smith Entertainment Group

Culture and Entertainment

Salt Lake City recently closed a deal with Smith Entertainment Group, setting the stage for substantial transformations in the city's downtown. This partnership is intended to bring significant economic and cultural developments to Utah's capital city, increasing its attractiveness as a major urban center. The agreement between Salt Lake City and Smith Entertainment Group is part of a larger initiative to renovate the downtown neighborhood, introducing new entertainment venues, commercial opportunities and urban living spaces. This collaboration is expected to increase local employment and attract more visitors and residents to the area, contributing to the city's continued growth and diversification.…

Oct

02

2024

By Lily Chang

A decade into Elon Musk’s promise of Tesla robotaxis: a status update

Social Responsibility

For the past decade, Elon Musk has consistently projected a future in which Tesla vehicles would operate autonomously as robotaxis. As the decade approaches, here's an update on the status of these ambitious promises. Throughout this period, Musk's vision for Tesla has included transforming the transportation industry through self-driving technology. Despite various challenges and setbacks, significant progress has been made, and the concept of Tesla vehicles functioning as robotaxis continues to be a topic of keen interest and speculation. Tesla's journey to achieving full autonomy has been marked by iterative updates to its Autopilot software, extensive real-world testing, and occasional…