EU Mergers, Robotic Surgery, and Fed Rate Hurdles
Jason Furman, a Harvard professor and former economic adviser to President Obama, discussed the challenges facing Federal Reserve Chairman Kevin Warsh in this week's Wall Street Week. The Fed rate decision was a major topic of conversation among economists and investors.
The European Union is rewriting its merger rules to create tech giants that can compete with American companies. This move is aimed at fostering innovation and growth within the EU.
Johnson & Johnson has entered the robotic surgery market, years behind its competitors, but the company believes a different approach can still yield success in this fast-growing field.