News That Matters

Tag: individual

Individual investors pulled $20 million from Fisher Investments after billionaire’s sexist comments

Individual investors pulled $20 million from Fisher Investments after billionaire’s sexist comments

Finance
Kenneth Fisher, founder of Fisher Investments.Jonathan Fickies | Bloomberg | Getty ImagesIndividual investors at Fisher Investments transferred $ 20 million from the firm the week after the billionaire made lewd comments at a conference, according to a research note from Mercer, an advisor to institutional investors.The development was disclosed on a conference call Fisher executives held on Oct. 14 with Mercer, to discuss the fallout from founder Ken Fisher's comments at the Tiburon CEO Summit, according to the note obtained by CNBC.When speaking at the conference on Oct. 8, Fisher had likened winning new clients to picking up women at a bar. He had used similar language at another conference in 2018.Though the billionaire apologized, institutional investors — including seven government p
Scientists observe formation of individual viruses, a first

Scientists observe formation of individual viruses, a first

Science
Oct. 4 (UPI) -- Scientists have captured images of individual viruses forming, gaining insights into the mechanics of viral assembly. "Structural biology has been able to resolve the structure of viruses with amazing resolution, down to every atom in every protein," Vinothan Manoharan, a professor of physics and chemical engineering at the Harvard University, said in a news release. "But we still didn't know how that structure assembles itself. Our technique gives the first window into how viruses assemble and reveals the kinetics and pathways in quantitative detail." For the study, Manoharan and his research partners focused on the bacteriophage MS2, a virus that infects E. coli bacteria. MS2 is a single-stranded RNA viruses, the most abundant type of virus on Earth, and the type respon...
Sam Burgess says individual egos and selfish players cost England at World Cup

Sam Burgess says individual egos and selfish players cost England at World Cup

Sports
England's early exit from the 2015 World Cup was the result of "individual egos and selfish players", says cross-code international Sam Burgess.England became the first World Cup hosts not to reach the knockout stage, after defeats by Wales and Australia.Burgess joined Bath from South Sydney Rabbitohs a year before the World Cup, but his selection by coach Stuart Lancaster sparked much debate. The 29-year-old said he was "committed" but "others had their own agendas".Former Bradford Bulls player Burgess was responding to the news Andy Farrell will replace Joe Schmidt as Ireland coach after the 2019 World Cup.Farrell, himself a former dual-code England player, was Lancaster's assistant coach d...
Lefties and righties: Flights of honeybees reveal individual directional tendencies

Lefties and righties: Flights of honeybees reveal individual directional tendencies

Science
Nov. 3 (UPI) -- Just as humans and other animals are often more dexterous with one hand or paw -- usually the right -- honeybees have individualized flight pattern preferences. Some prefer to go right, others feel more comfortable going left.Left-handedness is relatively rare among humans. But according to the latest research, plenty of bees go left. The insects are more democratic in their directional preferences."Unlike humans, who are mostly right-handed, some bees display a strong left bias, others a strong right bias, and yet others a weak or zero bias," Mandyam Srinivasan, professor at the University of Queensland, said in a news release.Researchers assessed the directional preferences of bees by presenting foraging specimens with differently arranged obstacles. First, bees face two ...
Frustration mounts over premiums for individual health plans

Frustration mounts over premiums for individual health plans

Health
Millions of people who buy individual health insurance policies and get no financial help from the Affordable Care Act are bracing for another year of double-digit premium increases, and their frustration is boiling over. Some are expecting premiums for 2018 to rival a mortgage payment. What they pay is tied to the price of coverage on the health insurance markets created by the Obama-era law, but these consumers get no protection from the law's tax credits, which cushion against rising premiums. Instead they pay full freight and bear the brunt of market problems such as high costs and diminished competition. On Capitol Hill, there's a chance that upcoming bipartisan hearings by Sens. Lamar Alexander, R-Tenn., and Patty Murray, D-Wash., can produce legislation offering some relief. But it...