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Wall Street's Drug Dealer explores the prospects of medicine starting with Brent Saunders' powerhouse pharmaceutical business and the future of the industry. Also learn about the company who is looking to revolutionize online dating, which cities are the best this year for jobs, and how the web is experimenting with us for profit and expansion.
WALL STREET’S DRUG DEALER
WALL STREET'S DRUG DEALER- Matthew Herper
Brent Saunders generated $25 billion in value for investors by flipping drug companies rather than discovering new drugs. Is this the future of the pharmaceutical business?
FACT & COMMENT- Steve Forbes
Obama has no heart for the war on terrorism.
NBA franchise values skyrocket thanks to newer, more lucrative television deals.
AMERICA’S RICHEST POLITICIAN
For billionaire Tennessee Governor Bill Haslam, cheap oil is a total gas.
A Minecraft billionaire’s $70 million Beverly Hills mansion.
THE KING’S RIDES
Exiled from Graceland, Elvis’ jets go up for auction.
How Wilbur Ross found coal comfort in a dirty business.
The FORBES 30 Under 30; this year’s best cities for jobs.
INNOVATION RULES- Rich Karlgaard
CURRENT EVENTS- David Malpass
Lower inflation: another chance for government mistakes.
THE APOTHECARY- Avik Roy
The real minimum wage: zero.
JET FOOLED- Christopher Helman
Delta Air Lines, the smartest carrier in the business, thought it could cut costs by buying its own oil refinery. Boy, was it wrong.
PROFITING FROM CHEATING- Adam Tanner
You can scorn it, ban it, firewall it and throw Tinder at it. As a peek at the books shows, the Ashley Madison money machine rolls along.
SAVING US FROM THE SNOOPS- Thomas Fox-Brewster
Stealthy startup Ionic Security has attracted large sums and praise for its software, which can encrypt corporate data beyond the prying eyes of hackers and the NSA.
YOUNG, BROKE AND CREDITWORTHY- Laura Shin
VC-backed Ernest has a deal for untested borrowers: Give us all your info and we’ll give you a good rate.
PORTFOLIO STRATEGY- Ken Fisher
Why foreign stocks are primed for a comeback.
INVESTMENT STRATEGIES- William Baldwin
Your 3.8% payout from stocks.
FINANCIAL STRATEGY- A. Gary Shilling
Safety first for superior returns.
THE GUINEA PIG ECONOMY- Parmy Olson
With and without our consent, websites, wearables and apps are running millions of experiments on us every day to make them more money and make us healthier, happier and smarter.
BILLION-DOLLAR IDEAS- Liyan Chen, Katharine Close, Emily Inverso, Brian Solomon and Karsten Strauss
Which business trends and strategies are paying off right now? We scoured our annual list of America’s Most Promising Companies for correlations- with surprising (and profitable) results.
IS VANGUARD TOO SUCCESSFUL?- William Baldwin
A provocateur says that passive investing has become too much of a fad.
THE FOUR HORSEMEN OF RUSSIA’S ECONOMIC APOCALYPSE- Nathan Vardi
Not all Russians are reeling from the effects of plummeting oil, rampant inflation and Vladimir Putin’s grand strategy in Ukraine.
DAUGHTER KNOWS BEST- Dan Alexander
Every family goes through messy moments. Few do so with billions on the line. The saga surrounding 84 Lumber stars a reformed party girl, an unreformed “prick”- and one of the great turnarounds of the decade.
CAN LOTUS BLOSSOM AGAIN?-Mark Ewing
Having been lapped its rivals for decades, the famed British automaker is on a mission to regain supercar supremacy.
On Great Britain.