French Finance Minister Michel Sapin is urging the EU to slow a plan to create a capital-markets union, which would reduce barriers to investment in the bloc. "We would not be better off if we failed because we rushed things," Sapin said.
Fantasy sports startups DraftKings and FanDuel have achieved $1 billion-plus valuations and flooded the airwaves with their advertisements. But a controversy has erupted over whether employees could have profited from inside information, and it seems likely that increased regulation will follow. "It's a trajectory that's become familiar thanks to the likes of Uber, Airbnb, and others: The more obsessed you become with growth, the more likely you are to hurtle forward, even if you're operating in the gray areas with the potential for abuse," writes Davey Alba.
Proposed legislation introduced to Congress is designed to lower the cost of college textbooks by establishing a competitive grant program for publishers to provide free access to textbooks created under an open license. Education officials say the bill would restore competition in the textbook publishing industry.
Federal Reserve Governor Lael Brainard has recommended a go-slow approach to rate policy until downside risk of a global slowdown is better understood. "The downside risks make a strong case for continuing to carefully nurture the US recovery -- and argue against prematurely taking away the support that has been so critical to its vitality," said Brainard. The Fed meets Oct. 27 and 28.
California Gov. Jerry Brown signed a bill Saturday to ban the use of antibiotics for growth promotion in animals raised for food. The law, which is the strictest state measure limiting antibiotic use in livestock, will require veterinarian approval and limit use to sick animals and cases where there is an elevated risk of infection.
Research published in The Lancet reports a new, more sensitive blood test may help rule out a heart attack with a single blood draw in a shorter period of time than existing approaches. The test measures troponin, a protein released into the bloodstream when the heart suffers damage. Researchers demonstrated that patients with troponin levels below 5 nanograms per liter have 99.6% chance of not experiencing a heart attack within a month. The test could get two-thirds of chest pain patients out of the emergency department more quickly, saving time and money.
Twitter is a powerful marketing tool, but you'll get the best results when you use it as part of a cross-channel campaign, writes Lauren Dugan. Understand what your audience truly cares about with third-party analytics, run competitions that span social media accounts, and ride the buzz around popular TV shows by posting content relevant to the conversation.
Flexe is a marketplace designed to connect businesses holding excess warehouse space with companies that need the room. The model could help seasonal companies navigate changes in demand. "It allows you to potentially have this virtual network of facilities," said founder Karl Siebrecht. "To push your inventory further out into the marketplace, without investing tons and tons of capital."
A robot-shaped Android smartphone that can move its arms and legs, recognize faces and voices, and project photos and videos on any surface is coming to Japan next year. Made by Sharp, the RoBoHoN is a "phone in human shape, a phone that you feel like talking to, a phone that also wants to know you," the company claims.
California Gov. Jerry Brown approved a bill Saturday that will limit the use of antibiotics to prevent disease in farm animals and prohibit their use to fatten up livestock. The measure, which will be enacted in the state on Jan. 1, 2018, will halt over-the-counter sale of the drugs and require an order from a licensed veterinarian for their use. The measure also authorizes the state's Department of Food and Agriculture to oversee the sale of the drugs for livestock.
President Barack Obama will not pursue legislation that would ban mobile and other digital devices from encrypting data, a move that cheered privacy advocates. Law enforcement authorities had sought measures they said would fight terrorism and cyberattacks. "This is a big win for tech companies," said Chris Wysopal of security firm Veracode.
A civil engineering professor at the University of Alaska in Anchorage has developed a new type of concrete that uses recycled rubber tires and small pieces of steel that act as tiny rebar. The mixture makes the concrete flexible but strong -- and able to withstand the wear and tear from studded tires on Alaskan roads. The product is currently undergoing tests.
Europe is a world leader in offshore wind energy generation, but the industry took time to take root -- a trend that could hold true in the US, too, according to Deepwater Wind CEO Jeffrey Grybowski. Europe had hardly any offshore wind farms from 1993 through 2000, but now has an installed offshore capacity of 10,300 megawatts with another 4,200 MW under construction. The Energy Department said the US has 15,650 MW of offshore capacity under development, 3,305 MW of which will likely be operational by 2020. Other wind experts argue that the US is running out of time to embrace offshore wind.
United Airlines reportedly has told union pilots that it plans to order a fleet of 100-seat jetliners once the two sides finalize a two-year contract extension. The new aircraft would replace the 50-seat planes being used by regional carriers.
Ireland's The Merchant Hotel now offers guests an artisan "water menu" service that includes a dedicated "water butler" who will help guests select the water that best suits them. The 13 offerings on the menu come from supplier Aqua Amore, a company that sources water from across the globe.