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Here’s how 2 former Googlers convinced Johnson & Johnson to bet on the hottest part of healthcare and raised $47 million in the process

Premium Thirty Madison cofounders Demetri Karagas and Steven Gutentag Courtesy Keeps This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Thirty Madison in August raised $47 million from investors including Johnson & Johnson Innovation. The two-year old startup treats conditions like migraines with three distinct companies: Cove, Evens,…

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Here’s how the Big Tech breakup should go down

The US House of Representatives antitrust subcommittee released its findings last week after a year-and-a-half-long investigation of Big Tech companies Google, Apple, Facebook, and Amazon. Right at the beginning of the 400+ page report, the committee didn’t mince words about its findings: “To put it simply, companies that were once scrappy, underdog startups that challenged…

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Here’s How to Plan for Retirement…Broken Down for a Kid

So how does one ever actually retire?Retirement is like a mirage in the distance—something that seems unbelievably great but also impossible to get to. But it doesn’t have to be that complicated! So, in the first episode of our new series Simply Put, we had a financial expert sit down with 11-year-old Kennedi to break…

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‘Not out of the woods’: Here’s what 5 top executives said this week about the prospect of more economic stimulus

Reuters Earnings season kicked off on Tuesday, and executives are sounding off on the stimulus stalemate and the risks it poses to the ongoing economic recovery.Hopes for a pre-election deal faded on Thursday after Senate Majority Leader Mitch McConnell said he’ll only bring a smaller measure to a vote. The statement effectively dooms the larger…

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Op-ed: Here’s how Trump or Biden can help save democratic capitalism

IMF employees have joked among themselves for years about when the fund’s bylaws would kick in, requiring them to move from Washington to Beijing. Written when no rival to U.S. economic leadership was in sight, the bylaws require that the headquarters be in the world’s largest economy.They aren’t laughing anymore.The underlying story of this week’s IMF…

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Protected: Here’s what to expect in the mortgage application process

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Business Everything Here's

Here’s everything Apple announced at its iPhone 12 event

Internally, the phone features the company’s latest A14 Bionic chip, which Apple claims is 15 percent faster and 30 percent more power-efficient than its A13 silicon. Like all of the other phones Apple announced today, it also comes with 5G network support. For taking photos, there’s a new 12-megapixel camera with a fast f/1.6 aperture…

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Here’s why the UK and US’s crypto clampdowns won’t stop Bitcoin trading

The sale and promotion of derivatives of bitcoin BTC and other cryptocurrencies to amateur investors is being banned in the UK by the financial regulator, the Financial Conduct Authority (FCA). It is a further blow to the burgeoning cryptocurrency market, coming days after the US authorities indicted the owners of leading crypto derivatives exchange BitMex…

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Here’s what you need to know about Amy Coney Barrett’s Supreme Court confirmation hearings

U.S. Judge Amy Coney Barrett, who has been nominated to the U.S. Supreme Court, on Capitol Hill in Washington, September 30, 2020.Sarah Silbiger | Pool | ReutersThe confirmation hearings for Judge Amy Coney Barrett will kick off Monday despite criticism from Democrats about the event possibly being unsafe because of the Covid-19 pandemic.The hearings before…

Business Here's Nokia

Here’s when (and if) your Nokia phone will get Android 11

Nokia has shared its update timeline for its Android phones — and there’s good news and bad news. The good news is that most recent Nokia phones will be getting Android 11, the latest and greatest version of Android. The bad news is that the majority of phones that will get the update, won’t get…