Richard Branson's Next Frontier Is Human Genetics as His SPAC Buys 23andMe

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Richard Branson's Next Frontier Is Human Genetics as His SPAC Buys 23andMe

Billionaire Richard Branson has invested in everything from commercial space travel to record labels. Now he is getting into the human genome business. His blank-check special-purpose company, VG Acquisition Corp. (ticker: VGAC), is merging with the …
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Unemployment claims fell last week but the labor market remained turbulent.

The American job market continues to struggle, held back by the coronavirus, the slow rollout of vaccines and the loss of overall economic momentum. The Labor Department reported Thursday that new claims for unemployment benefits fell last week for the …
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At-home rapid test key to reopening, Atlanta physician says

Lam said the tests are essential for combating the asymptomatic spread of COVID-19 and reopening. “I think we’re all trying to figure this out with as many stakeholders as you can …
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Peloton tops $1 billion in quarterly revenue for the first time, but higher shipping costs weigh on outlook

The company is investing at least $100 million in enhanced shipping capabilities over the next six months given persistent delays in delivery times. Peloton had 1.67 million Connected Fitness subscribers as of its latest quarter. Peloton. Email icon; Facebook …
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Wall Street bullish on Berks-based Penn National Gaming

Investors see the investment in Barstool Sports as providing the company with a fully integrated media platform, which will support the company’s evolution from a regional gaming operator to an omnichannel provider of retail and online gaming and sports …
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