After 80 years, VW calls it quits for the Beetle
Volkswagen announced the end of the (production) line for one of the most recognizable cars of all time. Although there have been over 23 million of the little ‘squashed’ sedans sold, only 15,000 were sold in 2017.
Jack Ma ‘steps down’ from Alibaba
Five years after transitioning from CEO to executive chairman, Alibaba’s founder announced his intention to transition out of the company within the next year.
Tired of high prescription drug prices? Make your own
Or at least that is the idea behind Civica Rx, a not-for-profit drug maker formed by over 500 American hospitals to reduce their dependence on inconsistent drug prices.
JUUL may not be quite a jewel
The FDA made a potentially damning mandate for JUUL Labs and other ‘vape’ manufacturers, indicating if the companies cannot prove they can keep their products out of the hands of minors the FDA will take the products off the market.
A major shakeup for the boards of CA-based companies may be coming
California’s state congress passed a bill, which is now awaiting Governor Jerry Brown’s signature, which would require companies based in California to have a minimum number of women on the board of directors relative to the number of total members of the board.