Richard Branson Latest Mogul to Launch an iPad Magazine

Richard Branson is pushing beyond the revenue curve with a new iPad magazine he plans to show to the public next week. The British mogul bills it as a as a paperless “revolutionary multimedia” publication. First word of the pro…

New Clues About How Hedge Funds Make So Much Money

We all wonder why Wall Street pros make so much more money than everyone else. But investment bankers are pikers compared to hedge fund managers, who make their money by taking a small cut of the assets they attract as well as a larger slice of the pro…

Pharmaceutical News Roundup: Human Genome, Merck, Novartis

Here’s a roundup of some of Wednesday’s major pharmaceutical news: An FDA panel gave Human Genome Sciences a boost with a thumbs-up for its lupus drug, Benlysta; Merck’s experimental heart drug appears to work well without side…