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Medicines360's long and winding, $82 million road to create and distribute $50 birth control

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Drugs and medical devices rarely come from the nonprofit world. There are more than 2,600 for-profit pharmaceutical companies in the United States, but only three nonprofits have products on the American market.
One of them is Medicines360, which in 2015 became the first nonprofit to introduce a medical device — an IUD. Th ... (full story)

Investment scams are everywhere on social media. Here's how to spot one

NEW YORK (AP) — Social media is full of scammers promising guaranteed returns on investment, and consumers lost billions of dollars to them last year.
Troy Gochenour, 50, of Columbus, Ohio, was conned out of $25,800, including $15,800 in borrowed money, in a crypto-mining scam that began with a WhatsApp message from a beau ... (full story)

Stuffing the channel

Q. What's going on if a company is "stuffing the channel"? -- S.P., Biddeford, Maine
A. Something sneaky -- and potentially fraudulent -- because stuffing the channel involves inflating sales figures by sending out much more product than can be sold (perhaps by offering deep discounts and incentives) and thereby postin ... (full story)

A carbon tax on investment income could be more fair and make it less profitable to pollute – a new analysis shows why

(THE CONVERSATION) About 10 years ago, a very thick book written by a French economist became a surprising bestseller. It was called "Capital in the 21st Century." In it, Thomas Piketty traces the history of income and wealth inequality over the past couple of hundred years.
The book's insights struck a chord with peop ... (full story)

Goodbye to the barbershop?

(THE CONVERSATION) With their red, white and blue striped poles, dark Naugahyde chairs and straight razor shaves, barbershops hold a special place in American culture.
But numbers show that barbershops are dwindling. According to census data, from 1992 to 2012 we saw a 23 percent decrease in barbershops in the United States (wit ... (full story)