Valeant: The End Of The Michael Pearson Era

Valeant Pharmaceuticals International, the corporate poster-child for price-gouging, tax-inversion and hedge-fund manager wealth destruction quietly severed all ties with J. Michael Pearson, its former chief executive officer and longtime guiding light, in January according to its annual proxy statement filed this morning.

Revised GOP Health Plan Gets Terrible CBO Score: All The Negatives, Almost No Positives

CBO has scored the revised RyanCare plan (notably not with amendments that have likely been discussed today) and it is even worse... considerably less budget deficit reduction, the same number of uninsured, and similar effects on healthcare premium. We would imagine conservatives will throw up all over it as it has all the negatives of the original bill with less than half the positives.

100 Years Ago, Russian Stocks Had A Very Bad Day

Just as stocks had doubled after a trading pause lasting the duration of World War I, and the sky seemed the limit for Russian investors.... something very unpleasant happened.

Millennials Don't Consider Themselves Adults Until 30

The median age of millennials is 30 - meaning that half are older and half are younger - and 30 happens to be the age at which millennials tend to self-identify as adults according to new research by CBS.