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BridgeBio Cuts Interest Costs with Strategic $550 Million Note Offering
Palo Alto, Friday, 16 January 2026.
BridgeBio Pharma is capitalizing on market strength to optimize its balance sheet, pricing $550 million in new notes at a remarkably low 0.75% interest rate. This strategic refinancing extends debt maturity to 2033 and includes a confident 45% conversion premium, significantly lowering borrowing costs compared to the existing 2027 notes.
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New York City Economic Recovery Stalls as Business Closures Reach Post-Pandemic High
New York, Friday, 16 January 2026.
A staggering 8,400 businesses shuttered in one quarter, erasing New York City’s post-2022 start-up gains and signaling a critical contraction in the metropolitan economic landscape.
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Proposal Seeks to Standardize Labor Rights for America’s 1.5 Million Digital Creators
Washington D.C., Friday, 16 January 2026.
On January 16, 2026, Representative Ro Khanna introduced a legislative framework aimed at stabilizing the financial reality for the 1.5 million Americans working as full-time digital creators. This “Creator Bill of Rights” moves beyond simple acknowledgment to propose portable benefits—such as healthcare and retirement plans that travel with the worker rather than the platform—and demands transparency regarding the algorithms that dictate income. This resolution marks a critical step in redefining digital content creation from a gig-based anomaly to a regulated sector warranting federal labor protections.
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Project Switzerland Unites Top Founders to Build Global Tech Leaders
Zurich, Thursday, 15 January 2026.
Launched on January 15, 2026, Project Switzerland represents a strategic pivot from pure innovation to industrial scaling, aiming to secure the nation’s technological sovereignty. This initiative addresses a critical economic paradox: while Switzerland leads globally in research, it struggles to produce large-scale tech giants. To bridge this “growth gap,” twenty of the country’s most successful entrepreneurs—including founders of unicorns like Scandit and GetYourGuide—have committed to personally mentoring ten high-growth scale-ups annually. By transferring hard-won operational expertise directly to the next generation, the program seeks to fortify the Swiss ecosystem against international competition and ensure long-term economic prosperity.