North Face Founder Douglas Tompkins Dies In Kayaking Accident In Chile
Tompkins created The North Face and co-founded Esprit, but abandoned the business world to devote himself to environmental causes. He was 72.
Business
Much Of The World Perplexed That Climate Debate Continues In U.S.
The 20th century's biggest carbon emitter is also one of the few advanced democracies where climate change is not accepted as fact. This makes it hard for some to trust U.S. efforts on the issue.
The Tipping Point: Most Americans No Longer Are Middle Class
In the post-World War II economy, most Americans lived in middle-income homes. But that has been shifting for decades. Today, middle-income families make up less than 50 percent of all households.
Sole Copy Of Latest Wu-Tang Album Was Sold To 'Pharma Bro'
The Wu-Tang Clan made just one copy of Once Upon A Time In Shaolin and sold it, shrouded in secrecy, for millions. Bloomberg Business reveals the buyer: a CEO infamous for a massive drug-price hike.
Senate Questions 'Egregious' Price Hikes For Specialty Medicines
Some companies have bought the patents for old drugs, then abruptly upped the prices — from $13 per pill to $750 in one case. Irate senators call it price gouging.
Where In The World Is Satoshi Nakamoto? The Latest In The Bitcoin Saga
Reports in Wired and Gizmodo pull on various threads to say they may have finally unearthed the identity of the secretive bitcoin creator. The man has drawn attention from Australian tax authorities.
For Young Saudi Women, Video Games Offer Self-Expression
Saudi women gamers gather at an annual convention, dressing as their favorite characters and exercising freedoms they want to see more of in their lives.
Senate Hearings Investigate Rising Price Of Medications
Drug prices are a hot topic in politics. One company raised the price of a $1.50 drug to $750. Drugs to cure hepatitis C routinely cost more than $10,000 — and more for a full course of treatment.
Vegetables Under Glass: Greenhouses Could Bring Us Better Winter Produce
The U.S. doesn't grow many vegetables indoors. We have California, Arizona and Latin America to supply us in winter instead. But entrepreneurs are betting on greenhouses to supply more fresh food.
Yahoo Tries To Avoid A Big Tax Bill Over Alibaba
Yahoo has announced a counterintuitive strategy in its efforts to sell shares in another company: If it can't spin off Alibaba tax-free, the company will try to spin off the rest of Yahoo instead.