A Barclays report on wealthy individuals worldwide notes that 47 percent of rich Chinese intend to move abroad in the next five years
More than a third of Americans are obese, but new pharmaceutical treatments have been slow to take off. Will Contrave figure out how to sell weight-loss drugs in the U.S.?
New data from the CDC show the increase in overdose deaths among whites far outpaced those among other races
The Android One starts at about $105
Calpers thinks hedge funds are too expensive and basically more trouble than they're worth. Could this be the start of a trend?
A business card with a brain can be customized for different recipients
"It's so much more than just a soda for many of us," says Evan Carr, the 26-year-old founder of the Surge Movement
Jeff Brines climbed 1 million vertical feet last year while keeping his day job. Now he's challenging young people to make their own extracurricular odysseys
A report finds high default rates on franchise loans
Founders: Henrik Fisker and Bernhard Koehler
VC investment over the last four quarters: $90.5 million
Henrik Fisker and Bernhard Koehler met at BMW, where both worked as auto designers (Fisker is credited with designing the Z8). In 2007, they founded Fisker to build plug-in hybrid luxury cars, with the goal of selling to car buyers who want to improve their impact on the environment but not have to make a compromise when it comes to style. The 45-employee company, which is still in the development stage, is predicting the recession will improve by midyear 2009 and that consumers will be turning to eco-friendly cars for good, explains Fisker spokesperson Russell Datz.
Key to startup success: "Have a solid business plan and stick to