Economy & Business

Shots - Health News
3:57 pm
Mon November 11, 2013

$4.2 Billion Deal Highlights Drug Profits From Rare Diseases

Flemming Ornskov, CEO of Shire, says the company's offer for ViroPharma is part of a broader push into orphan drugs.
Bloomberg via Getty Images

Originally published on Tue November 12, 2013 7:14 am

Two drugmakers you may have never heard of just agreed to a big deal.

Ireland's Shire says it's paying $4.2 billion for ViroPharma, which makes a drug to treat a rare condition called hereditary angioedema. People with the inherited condition are prone to swelling that can be life-threatening. About 1 in 50,000 people have the genetic mutation that causes the problem.

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Planet Money
3:00 pm
Mon November 11, 2013

$18 Billion Of Unclaimed Cash, In 1 Graph

Quoctrung Bui

The federal government is sitting on $18 billion in unclaimed money — money that's owed to ordinary people and businesses who never swung by to pick it up. This is a tiny fraction of the federal budget. But it's still, you know, a lot of money.

A few notes on some of the key agencies:

Treasury

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All Tech Considered
2:15 pm
Mon November 11, 2013

This Week, Exploring The Sharing Economy

Citi Bike is the bike sharing program that launched this May in New York City. Bike sharing is part of the sharing economy.
Spencer Platt Getty Images

Originally published on Tue November 12, 2013 3:19 pm

As often as we can, your tech team is focusing our reporting into themes over the course of a week, and this week, we're all about the sharing economy, or collaborative consumption. (Check out the series page where we'll archive all the stories from the week.)

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It's All Politics
1:03 pm
Mon November 11, 2013

When Lobbyists Literally Write The Bill

Lobbyists for Citigroup, one of the country's largest banks, offered lawmakers draft language for a bill that was obtained by New York Times and Mother Jones reporters. And 70 of the 85 lines in the final House bill reflected Citigroup's recommendations.
Mark Lennihan AP

Originally published on Mon November 11, 2013 4:52 pm

It's taken for granted that lobbyists influence legislation. But perhaps less obvious is that they often write the actual bills — even word for word.

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The Salt
11:54 am
Mon November 11, 2013

Prince Charles: Organic Innovator, Biscuit Maker

The first product Duchy Originals launched was the Oaten Biscuit, and it's still a top seller today.
April Fulton for NPR

Originally published on Tue November 12, 2013 4:23 pm

Who knew Prince Charles started one of the first organic and locally sourced food companies in the world over 21 years ago?

Not us, until we got a pitch from his public relations outfit, inviting us to "entertain like the Royals" this holiday season with "Duchy Originals from Waitrose."

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