Pope Francis to business leaders: Don’t hide your money in tax havens. Invest in real people instead.

Desy Papper

Pope Francis sent a video message on Wednesday to a meeting of Argentine Christian business leaders urging them to “return to the economy of what is tangible, not to lose sight of the real.”

“What is real is production, the work of all…” the pope said in Spanish. “The real. In a society where there is a very large margin of poverty, you have to ask yourself how the economy is doing, whether it is fair, whether it is social or whether it is simply pursuing personal interests.”

The video message echoed the writings of female economists like Mariana Mazzucato

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BoF and Shopify Launch a Series of Executive Retail Forums | Sponsored Feature

Desy Papper

Last week, BoF and Shopify invited industry leaders to a guided discussion on how to optimise retail networks. The event was designed to create a forum in which retailers could share experiences with their peers and identify the prevalent themes facing the retail industry, before discussing best practices in tackling them.

Combining BoF’s independent analysis with data-driven insights drawn from Shopify’s partnership base, which now represents 10 percent of the total global e-commerce market share, the group discussion sought to shed light on how networks can be transformed to become customer-centric, channel-agnostic and agile enough to capture growth opportunities.

Hosts

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Astra Becomes the First Space Launch Company to Trade on Nasdaq

Desy Papper

ALAMEDA, Calif.–(BUSINESS WIRE)–Astra Space, Inc. (“Astra”), the fastest privately-funded U.S. company in history to reach space, and Holicity, Inc. (NASDAQ: HOL) (“Holicity”), a publicly traded special purpose acquisition company, today completed their previously announced transaction to take Astra public.

The transaction forms a publicly traded pure-play space company and is expected to start trading on the Nasdaq Global Select Market on July 1, 2021 under the new ticker symbol “ASTR” for Astra common stock and “ASTRW” for Astra warrants.

Astra raised approximately $500 million in cash proceeds from the transaction to accelerate growth, expand its addressable market, and

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Small biotechs team up with big partners to manufacture drugs

Desy Papper

Many of the most promising new molecules to treat diseases come from smaller biotechnology firms, which often lack resources to scale up production when it’s time for their drugs to go to large-scale clinical trials or the market. Now, a cover story in Chemical & Engineering News (C&EN), the weekly newsmagazine of the American Chemical Society, describes how small biotechs are teaming up with big pharmaceutical outsourcing firms to manufacture their molecules.

Small biotech companies often excel at innovation and are quick to make decisions, allowing them to rapidly move new drugs from the conceptual stage to clinical trials. If

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Jury Convicts Three Defendants Of Stealing Jewelry And Cash From Vault Business And Money Laundering | USAO-NV

Desy Papper

LAS VEGAS, Nev. – Yesterday, a federal jury convicted three defendants who worked for a Las Vegas private vault business of stealing cash, jewelry, and watches from safe deposit boxes and private vaults, as well as laundering those illegal proceeds.

“Yesterday’s verdict reflects that the defendants used their inside knowledge of the business’ security measures to take advantage of victims — including victims who were reluctant to come forward even after they were stolen from,” said Acting U.S. Attorney Christopher Chiou for the District of Nevada. “Our office is grateful to the jury for fulfilling its civic duty, and to

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