Daily Digest

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Daily Digest 1/18 - Good News Friday: Hospitals Banding Together to Take on Big Pharma, Growing Blood Vessels In A Petri Dish

Friday, January 18, 2019, 10:25 AM

This is Good News Friday, where we find some good economic, energy, and environmental news and share it with PP readers. Please send any positive news to [email protected] with subject header "Good News Friday." We will save and post weekly. Enjoy!

Economy

Washington Gov. Inslee to pardon thousands convicted of marijuana possession (Jen H.)

Several states allow for expunging or sealing marijuana convictions, but obtaining such relief has typically been onerous, requiring a lawyer or court appearances. As more states have eased marijuana laws or followed the lead of Washington and Colorado in legalizing recreational pot use since 2012, some cities, counties and states have simplified the process of clearing convictions.

A Growing Number of Hospitals Are Banding Together to Take on Big Pharma (Thomas R.)

One way of fighting price increases is by producing competitive generic drugs. Last year, a consortium of hospitals announced a joint effort to do just that. The nonprofit, Civica Rx, was found to “ensure that essential generic medications are accessible and affordable,” according to its mission statement. The founding members including heavy hitters such as the Mayo Clinic, Catholic Health Initiatives, and HCA Healthcare, and last week it announced 12 new health systems had come onboard. That adds another 250 hospitals to the project, which now includes about 750 nationwide.

To Save the Sound of a Stradivarius, a Whole City Must Keep Quiet (tmn)

One of the engineers, Mattia Bersani, said that the sounds in the database could be manipulated with software to produce new recordings when the tone of the original instruments degraded. Musicians of the future would be able to “record a sonata with an instrument that will no longer function,” he said.

Governor Whitmer signs Executive Directive securing equal pay in Michigan (Jen H.)

“This is not just a women’s issue, it’s an economic issue that hurts working families,” Whitmer added. “This is about doing what’s right.”

State policies and procedures should require compensation based on the nature of work performed and services provided, and not be differentiated due to gender.

After 24 Years, Scholar Completes 3,000-Page Translation Of The Hebrew Bible (Thomas R.)

He also changed the wording in Psalm 23 — "thou anointest my head with oil," is what you'll find in the King James translation. "But the Hebrew verb does not mean 'to anoint,' " Alter says. "The word that's actually used by the psalmist means 'to make luxuriant' — something like that. It's a very physical word. So after wrestling with other alternatives ... I ended up saying 'you moisten my head with oil.' "

Alter also tried to imitate the rhythm of the original — which was a challenge because Hebrew is a much more compact language than English.

Independent Online Radio Is the Algorithm Alternative You Need (tmn)

The spontaneity of online radio feels like an essential rejection of today’s automated environment, but it’s part of a long history of independent distribution. In Britain, pirate radio became an essential part of youth culture starting in the 1960s, playing genres like rock and pop, which the official BBC stations refused to do. In the 1990s and 2000s, stations like Rinse FM would help facilitate the rise of dance and electronic music, as well as grime and dubstep. In America, college radio stations put forth a similar independent spirit, connecting networks of underground scenes away from major cities.

Ford and VW are forming an alliance—here’s why it’s a smart move (Thomas R.)

Although the commercial vehicles will be the first fruits of this alliance, Ford President and CEO Jim Hackett and VW Group CEO Herbert Diess explained that they are actively pursuing other areas that are ripe for this kind of collaboration. Electrification is the obvious one. VW has invested billions of dollars into its new MEB architecture for mass-produced electric vehicles (for more info I highly recommend this deep dive by Jalopnik's David Tracy); Ford, by contrast, is lagging far behind when it comes to building battery EVs.

Viziv Technologies, LLC Partners With Baylor University To Develop Potentially Revolutionary Electrical Distribution Technology (newsbuoy)

“History is replete with examples of the power of people and organizations coming together to do what would be impossible individually,” said Viziv CEO and President, Brigadier General (retired) Michael W. Miller. “Viziv Technologies’ young history is a great example of just that—strategic alliances determined to “Power the Planet and Bring Light to the World.” Our collaboration with Baylor University represents the first formal academic alliance for Viziv, and we are excited to officially begin what we expect to be a long and fruitful journey together.”

Canopy Growth to Build First U.S. Hemp Plant in New York State (newsbuoy)

The U.S. farm bill legalized hemp and hemp-derived cannabidiol last month, creating a rush among Canadian pot firms that were previously unable to enter the U.S. market. Canopy said Monday it’s been granted a license by New York to process and produce hemp and plans to establish a hemp industrial park in the state focused on extraction and product manufacturing.

Scientists grow perfect human blood vessels in a petri dish (Adam)

"Every single organ in our body is linked with the circulatory system. This could potentially allow researchers to unravel the causes and treatments for a variety of vascular diseases, from Alzheimer's disease, cardiovascular diseases, wound healing problems, stroke, cancer and, of course, diabetes."

Gold & Silver

Click to read the PM Daily Market Commentary: 1/17/19

Provided daily by the Peak Prosperity Gold & Silver Group

Article suggestions for the Daily Digest can be sent to [email protected]. All suggestions are filtered by the Daily Digest team and preference is given to those that are in alignment with the message of the Crash Course and the "3 Es."

2 Comments

saxplayer00o1's picture
saxplayer00o1
Status: Diamond Member (Offline)
Joined: Jul 30 2009
Posts: 4279
Here come the defaults: Credit outlook darkens

Here come the defaults: Credit outlook darkens

CNN-19 hours ago
Financial institutions are bracing for more companies to default on debt. ... Association of Credit Portfolio Managers survey anticipates default rates will drop.

ECB rate hike to be delayed as recession risks rise again: Reuters poll

Reuters-16 hours ago
BENGALURU (Reuters) - The European Central Bank is expected to wait until the fourth quarter to raise its deposit rate, later than thought just a month ago, ...

Italy central bank slashes 2019 GDP growth forecast

Reuters-1 hour ago

ROME, Jan 18 (Reuters) - The Italian economy will grow just 0.6 percent this year, the Bank of Italy said on Friday, slashing a projection of 1.0 percent made a ..

California student debt is way up. New study shows how much

Sacramento Bee-17 hours ago
Californians owed $133 billion in student loan debt in late 2018, more than double the amount owed a decade earlier, according to a new analysis from credit ...

2 in 5 Chicago city workers are paid $100K or more

Illinois Policy-3 hours ago
All told, six-figure earners cost Chicago taxpayers nearly $2 billion in 2017 ... their future pension earnings will be based – lead to unsustainable pension costs.

 

Uncletommy's picture
Uncletommy
Status: Platinum Member (Offline)
Joined: May 3 2014
Posts: 665
Whose thinking ahead? I wonder!

Gas guzzling pickups for the  disintegrating US highway system, or, electric for the global market?

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