One investment chief warns a relapse into a bear market is coming

The stock market has met zero out of eight conditions that historically give new bull markets the all-clear, observes The Leuthold Group’s Doug Ramsey.While some bull markets have begun without his checklist being fully ticked, Ramsey is concerned that investors are proceeding with unbridled optimism about this particular rally.Click here for more BI Prime stories. …

The UK drugs giant AstraZeneca wants its US rival Gilead to consider a merger

AstraZeneca approached Gilead and asked it to consider a merger, according to Bloomberg.Citing sources familiar with the matter, Bloomberg said the contact happened in May but AstraZeneca “didn’t specify terms for any transaction.”A source told the news outlet that Gilead is not currently interested in merging with another big pharmaceutical company.AstraZeneca has partnered with the…

Trump the streets to quell George Floyd protests

President Donald Trump was reportedly involved in heated meeting with top officials Monday, when he demanded the deployment of 10,000 troops to Washington DC. The president wanted the military engaged in quelling the anti-racism demonstrations sweeping the capital after the death of George Floyd. Mark Esper, the defense secretary, and Mark Milley, the chairman of the Joint…

Next, Debenhams, Primark and other ‘non-essential’ retailers are set to reopen in the UK on June 15

As mandates on lockdown restrictions are slowly relaxing, most non-essential retailers in the UK are prepared to resume business from June 15.The latest government rules allow individuals to meet outside in groups of 6 in the UK, and in groups of 8 in Scotland. Retailers that will reopen are required to adapt to government health…

George W. Bush and Mitt Romney won’t support Trump

Former President George W. Bush and Sen. Mitt Romney of Utah won’t support President Donald Trump’s re-election, and other GOP officials are considering voting for Joe Biden, according to The New York Times.The Times credits the early fallout to Trump’s handling of police brutality protests and a mishandling of the coronavirus pandemic.Some GOP officials have…

George Floyd’s brother, Philonise Floyd

George Floyd’s brother, Philonise Floyd, will testify before Congress on policing practices and law enforcement accountability on Wednesday, according to ABC News.It will be the House’s first hearing on police brutality after the death of George Floyd in police custody, and a package of police reforms is expected on Monday.Public pressure is mounting for significant…

How ‘microgravity’ changes the bodies of astronauts

Being an astronaut looks like an exciting and glamorous career. But have you ever thought about the dangers that these people face by being exposed to extreme conditions, such as radiation and microgravity? Living and working in microgravity can impact your whole body in different ways. On the other hand, the human body is capable…

A brief history of bad logo redesigns — and what designers can learn from them

Did you know we have an online conference about product design coming up? SPRINT will cover how designers and product owners can stay ahead of the curve in these unprecedented times. Logo redesigns are a lot like a tightrope act—on a windy day, in a pouring rain, no nifty balancing pole or safety net below.…

New study suggests this extremely dense star cluster is stunting planet formation

Using the Hubble Space Telescope researchers have conducted a pioneering 3-year study of the massive dense young star cluster Westerlund 2. In the process, discovering that dense clouds of relatively cool dust are curiously absent from material around the stars at the cluster’s heart. As these dense clouds are the seeds of planets that form…

Fortunes are growing for Instagram’s best and brightest. Here’s what it takes to succeed

TLDR: This six-course package of Instagram marketing training explains who to gather over 10,000 followers, grow a brand and maybe even become an Instagram influencer yourself. Give it up for the ‘Gram. Because while Twitter and older sibling Facebook battle through seemingly endless streams of controversy and scrutiny, Instagram marches merrily forward. Just days ago,…