Bloomberg The UK is launching a 200 million-pound ($247 million) DNA database to boost the prevention and treatment of life-threatening diseases from cancer to Alzheimer’s. Backed by 100 million pounds from pharma giants GlaxoSmithKline Plc, Johnson & Johnson, AstraZeneca Plc and Amgen Inc, the initiative will analyse and sequence the genetic codes of 500,000 volunteers at the UK Biobank. “This ...

Bloomberg Charles Schwab Corp said it is cutting 600 jobs, or about 3 percent of the workforce, as the San Francisco-based broker-dealer and wealth-advisory firm faces “an increasingly challenging economic environment.” “These actions are a prudent step to ensure we manage our expense growth while continuing to invest in initiatives that allow us to achieve greater scale and efficiency,” the ...

Bloomberg A measure of underlying US producer prices that excludes food and fuel picked up in August after posting its smallest gain in two years, indicating inflation may be starting to stabilise. So-called core producer prices increased 2.3 percent in August from a year earlier, topping the Bloomberg survey median forecast, following a 2.1 percent gain, a Labor Department report ...