Billionaire fortunes increased by 12% a day in 2018, while the 3.8 billion poorest people saw their wealth decline by 11% a day, according to a report released by charity Oxfam to mark the opening of the World Economic Forum (WEF) in Davos. 

The world’s richest 1% bagged 45.6% of all wealth created in 2018, which is an increase from 42.3% the previous year, according to the report ‘Public Good or Private Wealth?’ published on Monday (21 January).

In 2018, 26 people owned the same as the 3.8 billion people who make up the poorest half of the world, down from 43 people the year before.

Many countries have term limits for their leaders. The premise is that term-limited politicians will spend less time campaigning, amassing political power, and catering to special interests. Instead, they will focus on making policy, working for their constituents, and bringing fresh energy and ideas to government.

The world of work is changing. While societies and companies are evolving in line with the greater adoption of technology — dubbed the Fourth Industrial Revolution— workforces and their leaders need to adapt too.

According to Deloitte’s second annual Readiness Report, Success Personified in the Fourth Industrial Revolution, the major global consultancy identified what characteristics and people that are likely to set apart the most effective leaders and successful organisations.

Image: A woman walks past a map showing the elevation of the sea. Photo: REUTERS/Stephane Mahe

William E. Bentley is the Robert E. Fischell Distinguished Chair of Engineering and the Inaugural Director of the Robert E. Fischell Institute for Biomedical Devices. He is appointed in the Fischell Department of Bioengineering as well as the Department of Chemical and Biomolecular Engineering at the University of Maryland, College Park and the Institute for Bioscience and Biotechnology Research.

Emerging technologies can make quality control (QC) faster and more efficient. What do pharma companies need to do to become QC leaders?

The emerging technologies that characterize Industry 4.0—from connectivity to advanced analytics, robotics and automation—have the potential to revolutionize every element of pharma-manufacturing labs within the next five to ten years. The first real-life use cases have delivered 30 to 40 percent increases in productivity within already mature and efficient lab environments, and a full range of improvements could lead to reductions of more than 50 percent in overall quality-control costs.

For two decades, we've celebrated technological advancement as an unquestioned good. Any chance we've had it all wrong?

WILMINGTON, Del., Jan. 18, 2019 /PRNewswire/ -- With more than 60 percent of Fortune 500 companies registered in Delaware, the small state has historically punched above its weight in innovation.  It is increasingly being recognized as a hub for innovative science and tech start-ups.  It just garnered the #7 spot in the Milken Institute's State Technology and Science Index (STSI) in part because of its new angel investor tax credit.

Becoming an entrepreneur is a big move; it requires a major personal commitment and significant risk.  But it also can provide personal and financial freedom as well as a great sense of accomplishment. Below are a few things for you to think about as you consider making the move into entrepreneurship.

Surveillance drone designer AS Works is doubling its small workforce in St. John's this month after inking a research and development deal with an undisclosed client.

Dr. Armin Strobel, the company's founder and chief executive officer, says AS Works will be hiring another two engineers as it works to extend the range of its prototype surveillance drone to more than twice what other drones are currently able to achieve.

Image: https://www.thetelegram.com

People often tell me how their entrepreneurship journey began. And it regularly starts like this: “I was working at (insert big company here), and they disapproved of my side hustle, so I quit.” Then the person’s side hustle became a full hustle, and now they’re more satisfied (and maybe even making more money) than they ever were before. I heard this just last night, in fact, before writing this column. A woman told me about working at a big bank and leaving when her superiors gave her a hard time about a financial literacy program she’d started on the side.

Everyone knows that that startups are risky, but they also expect that the job will be exciting and potentially very lucrative (think early employees at Facebook and Google). Yet we have all heard stories about the high turnover, unstructured work environment, lower base pay, and unpredictable expectations from the top.

See how Pitt, Duquesne and CMU compared when invention disclosures, new patent applications and new startups formed are tallied up.

Image: Exterior of the University of Pittsburgh's Cathedral of Learning. - JOE WOJCIK

It wasn't too long ago that executives for healthcare startup Aiva were coming off a stint in Cedars-Sinai's business accelerator program, in which they received $120,000 in seed money, guidance and office space from the Los Angeles-based healthcare organization to develop their idea. Now, just over a year later, their prospects are even brighter, having gotten funding from Amazon and Google, two names that are likely to open more doors for the voice-activation company.

Image: https://www.modernhealthcare.com

Nowadays ‘liquid biopsies,’ the notion of detecting cancer using only a blood test to detect minute amounts of circulating tumor are fairly well-known. But what if not even a blood test was needed to detect cancer, merely a few lungfuls of air?

Image: A new breath test for cancer is being evaluated in a clinical trial involving 1,500 people.OWLSTONE MEDICAL LTD

When it comes time to re-write your story, it can be hard to look at a blank page and not be intimidated. Overcoming the fear of failure holds many of us back, in fact, one study even indicates that it is the top factor holding female entrepreneurs back from taking the plunge.

Most of us have something that we want to achieve, do, start, or create. It may be to start a business, generate initial sales, break a million in revenue, or start a blog. Whatever your goal, the dream factor exists and once you recognize it, all you have to do is adjust your mindset and chase it with purpose and determination.

“Sharks aren’t going to save themselves.”—Austin Gallagher

Austin Gallagher, the chief scientist of Beneath the Waves, a nonprofit working to conserve, protect and restore the health of our oceans, slings massive grouper heads around a cooler and arranges weights and buoys around the deck of the boat, as we prepare to embark on our first day of research together. Our goal is to find, catch, tag, sample and release as many sharks as possible.

Image: Members of the Beneath the Waves expedition team prepare a shark for tagging. Credit: Kristin Hettermann, OCEANSCAPES 

Every aspiring entrepreneur I know is convinced that his or her idea could be the next big startup, blossoming into a billion dollar unicorn. Yet I find that only a few are able to put their passion aside for a moment, and compare their solution to the attributes that really attract a large market of new customers. Investors, on the other hand, make it their business to look for these attributes.

Image: https://blog.startupprofessionals.com

Maryland universities are creating new academic programs they say could help the state adapt to a changing innovation economy and help meet needs for tomorrow's educators. The Education Policy and Student Life committee of the University System of Maryland’s Board of Regents moved forward this week with eight new programs proposed from system universities. New programs ...

Like salt, black pepper sits on almost every kitchen table or countertop in America. But while whole books have been written about sodium consumption and human health, black pepper and its compounds have garnered little attention from experts.

But pepper probably deserves more scrutiny. Some research has linked black pepper marinades to the elimination of heterocyclic amines, or HCAs, which are the cancer-causing chemicals that form when meat is charred or cooked at high temperatures.