Tanza Loudenback, provided by Published 9:52 am PST, Wednesday, February 27, 2019 mTaira/Shutterstock San Jose-Sunnyvale-Santa Clara, California, is the most expensive metro area in the US. San Jose is the bona fide capital of Silicon Valley. About one-quarter of households earn over $200,000 a year, but that still may not be enough to buy a median-priced home. Meanwhile, an affordable housing shortage has left thousands of working San Jose residents homeless. Outsiders may consider San Francisco synonymous with Silicon Valley, but locals know the epicenter of tech culture is San Jose. The metro area defined by the US Census as San Jose-Sunnyvale-Santa Clara is the proverbial heart of Silicon Valley — and the most expensive place to live in the US. Goods and services are about 27% more expensive than the national average in San Jose, and the median home sale price is over $1 million. But San Jose isn't all engineers and programmers flush with cash (or stock … [Read more...] about What life is really like in the most expensive place in the US, where the typical home costs $1 million and it feels like everyone works in tech
Most expensive homes in the us
Erin Brodwin, provided by Published 12:26 pm PST, Saturday, February 23, 2019 AP Images Swiss drugmaker Roche is nearing a deal to buy Philadelphia-based biotech company Spark Therapeutics, the Wall Street Journal reported on Saturday. Spark's gene therapy is for a rare form of blindness and is the first of such treatments to be approved by US regulators. At $850,000, the one-time treatment called Luxturna is currently the most expensive medicine in the country. Spark is also working on gene therapies for hemophilia, a lucrative market for Roche. Swiss drug giant Roche is gearing up to buy a biotech company behind the first federally-approved gene therapy and the most expensive medicine in the US, the Wall Street Journal reported on Saturday. Called Spark Therapeutics, the Philadelphia-based biotech created a one-time treatment called Luxturna for a rare form of blindness. It currently costs $425,000 per eye, or $850,000 total. That price tag makes it the priciest … [Read more...] about Swiss drug giant Roche reportedly readies to buy the biotech behind the first FDA-approved gene therapy and the priciest medicine in the US (ONCE, RHHBY)
In brief: In business, having more players on the field is supposed to foster a more competitive landscape but according to a recent report from Finnish research firm Rewheel, that is not reflected in the state of wireless data pricing in the US. According to a recent report from Finnish research firm Rewheel, the US is the fifth most expensive market among 41 European Union and OECD countries in terms of median pricing per gigabyte (on plans with at least 1,000 minutes and 3Mbit/s for HD video) despite the fact that prices have dropped 11 percent since April. Furthermore, the firm found that the US is the most expensive country among the same group with regard to median gigabyte pricing for mobile broadband (4G mobile and wireless home broadband plans with at least 3Mbit/s for HD video). Rewheel notes that the media gigabyte price of smartphone plans in the US is four times higher than in European Union markets with four major network operators. The median gigabyte price itself is a … [Read more...] about The US is among the most expensive markets in the world to purchase wireless data
The Airbus A380 superjumbo is the largest commercial airliner in history. The A380 was once thought to have the potential to revolutionize air travel. Instead, the 331 Airbus superjumbos sold now play more of a niche role for flights operating in high congestion areas. The A380 first flew in 2005 and entered service in 2007. A while back, we had the chance to take a tour of one Etihad‘s A380s. The Airbus A380 is one of the most impressive and yet controversial airplanes in aviation history. As the largest airliner in history, the A380 is undoubtedly a technological wonder. When the European planemaker dreamed up the A380 three decades ago, it was for an aircraft that would revolutionize air travel with grand visions of unprecedented luxury for passengers and earnings power for airlines. Things haven’t worked out quite as well as Airbus had hoped. Instead of becoming the workhorse of airlines around the world, the A380 has become … [Read more...] about The $446 million Airbus A380 is the largest and most expensive airliner in the world. Take a look inside.
caption The Lauder family is worth more than $24 billion. source Dimitrios Kambouris/Getty Images The US may not have any rich royals, but it does have rich families with net worths in the billions. These billionaire clans have accumulated their fortunes in vastly different ways, from publishing and cosmetics to retail and hotels. See the top 25 richest families in the US, ranked by net worth, starting at $10 billion. America may not be home to any rich royal families, but that doesn’t mean some families haven’t created their own sort of empire. In fact, the United States has quite a few billionaire clans who accumulated their fortunes in vastly different ways. There are the publishing powerhouses that built the Hearst and Newhouse family fortunes; a cosmetics giant, which laid the foundation for the Lauder family fortune; and the families that created their wealth out of household names, like Walmart for the Waltons and Hyatt Hotels for the … [Read more...] about The 25 richest billionaire families in the US, ranked