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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.


New York Times Original article ›
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Quentin Hardy of the NYT provides this exceptional account of life in the Mid-Market area of San Francisco, close to the Financial District and a few blocks from the offices of Twitter, and of Spotify, Zendesk and other startup companies. Moving just a few blocks from the tech startups offices can take you into a different world with dilapidated housing, drug dealers, and housing for homeless people. Expensive resaurants and markets rub shoulders with poorer shops.
New York Times Original article ›
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Portuguese director Miguel Gomes and the film "Tabu" about nostalgia for the past in colonial Mozambique and the realities of life at the time.
Original article ›
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Republicans may not say humans cause climate change- only 31%, but a majority of Republicans- 57%, say action is needed to control carbon emissions. The results are part of research published in journal Climatic Change, research done at the UC Santa Barbara.This is good news for future efforts to control carbon emissions. Only 20% of Republicans support a 20% quota for renewable energy, yet 74% think its good to do research on renewable energy. A paradox? No, say experts as there is a long history of controlling and regulating pollutants in the air and water since the fifties in which all parties supported the efforts. Its mostly they say about Republican identity in saying human activities don't cause global warming, when it comes to living and breathing clean air Republicans by a majority are on board everywhere including the South.

New York Times Original article ›
Economist Original article ›
Wall Street Journal Original article ›
Wall Street Journal Original article ›
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Interview with Levinson of Genentech and answers to a wide range of questions about ther drug discovery process at Genentech, the cost of Avastin to treat cancer, the long years taken to develop the drug, the development and pricing of Lucentis for macular degeneration from the basic process of blocking the VEGF protein that helps the macular degeneration develop. The reasons for the pricing of Avastin- $55,000 for one year. And of Lucentis $2000 for one shot and the possible equivalence of Avastin and Lucentis so that doctors can take a small fractional dose of Avastin and use it in a tiny opthalmic syringe for cost of $50. The research budget of $1.86 billion. And the philosophy of Levinson about attracting the best scientists to Genentech by giving them opportunities as he puts it for "doing great science." And his emphasis on making Genentech a great place to work. Genentech was on Fortune's top twenty list 4 years in a row and No 1 in 2007 and No 2 in 2008 behind Google. Can Roche keep this up without Levinson and his team and the culture they have fostered, and the way they have created a great place to work ? ...
New York Times Original article ›
LyrArc Article Gist
The deal for buyout of Alitalia by Air France-KLM values Alitalia at0.10 euros a share about 80% below its closing share price of 0.53 euros per share last week. Air France-KLM will give one of its shares for 160 shares of Al Italia and will take on the airlines 1.3 billion euros in debt and losses of a millon euros a day. This values Alitalia at 139 million euros. The Italian Government has put in 4.3 billion euros in the last 5 years to keep Alitalia running till the European Comission ruled out any further help. Alitalia's market share in Italy has dropped to discount airlines like Air One Easyjet and Ryanairdropping from 80% to 30% in the last ten years. The new deal will drop Milan's airport considered to be one of the worst in Europe as a hub and use the airport in Rome ast he third hub after Paris and Amsterdam. It will also retain the Alitalia name. The fire sale of Al Italia shows how the new economic climate is affecting Europe and how a recession in the US could affect the market. At the time Al Italia was also running out of cash with only 282 million euros of cash left at the end of Jan 2008....
Wall Street Journal Original article ›
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Israeli intelligence from a Syria unit that oversees the movement of chemical weapons in Syria was the source confirming that the weapons were moved to Damascus suburbs to prepare for an attack on a rebel held area.
New York Times Original article ›
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The European Commission responds to the VW emissions scandal with on the road testing using portable devices approved by the European parliament in Feb. 2016.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
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Boeing's goal is to make 10 Dreamliners a month by late 2013. The current rate is 2 per month, which Boeing hopes to move up to 2.5 a month by November 2011, and 3.5 a month by early Spring. Boeing CEO, McInerney, says it will take a few years before each Dreamliner turns a profit. He expects this will happen before 2020. The large investment during this decade should see returns in terms of an annuity for 25-35 years, said McInerney. The Dreamliner is the first jetliner to be made largely of plastic-composite materials, in place of aluminium. To build the Dreamliner Boeing had to accomplish what McInerney calls "game-changing innovation," and at the same time achieve improvements in production techniques. Jim Albaugh, head of Boeing's Commercial Airplanes division, says the next step is to take what takes an hour and half to assemble and bring this down to 15 minutes. This will help meet a long backlog of orders. Boeing has 820 orders for the Dreamliner as of Sept. 2011. The first Dreamliner was delivered on Sept. 26, 2011, to All Nippon Airways....
Wall Street Journal Original article ›
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Middle class Mexicans moving to the cities of Mission and McAllen along the border with Texas as crime surges in Mexico.
New York Times Original article ›
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Friedman describes the achievements under two Obama initiatives- Race to the Top education initiative and the fuel efficiency for automobiles initiative.
Economist Original article ›
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Huaneng Power China's largest power utility company announced that electric power generation went up by 40% in the 1st quarter of 2010. Datang International Power said its electric power output was up by 33%. Continual power plant construction has led to China building 80% of the new generating capacity in recent years. Over the next 10 years China plans to spend $150 billion or so to increase capacity nine fold- it already has 21 nuclear plants being built. Much of the nuclear plant building knowhow is being acquired along the way. The Lingao plant in Guangdong which was started in 2005 and will be completed this year, uses 50% local content. In the next unit to be finished in 2011 it will reach 70%, and by 2012 China expects to reach 100%, and gain the ability to export its knowhow.
Economist Original article ›
Washington Post Original article ›
LyrArc Article Gist
Pearlstein raises the question, are there business leaders who believe that what's good for America, is good for business, rather than the other way around. Google, like other technology companies, pays much less in taxes than the corporate tax rate suggests. Research by the Washington Post shows this to be 18%, not 35%, for 2009.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
New York Times Original article ›
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Sony CEO Hirai describes his plans for Sony in the next three years.
Wall Street Journal Original article ›
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Apple's deal with IBM in 2014 to jointly develop apps and mobile services for business customers.
Wall Street Journal Original article ›
Wall Street Journal Original article ›
LyrArc Article Gist
After lifting of a decade long ban on the console Sony plans to build sales volume for the Playstation 4 in China.

Europe Tackles Tax Evasion

Wall Street Journal Original article ›
LyrArc Article Gist
EU leaders and proposals to limit tax avoidance by digital companies by requiring the companies to show the profits in the countries where they are made. This would require changing bilateral treaties. France is looking at proposals to tax companies by the number of clicks or user data. Large digital companies, including Apple and Google declare most of their European revenue in Ireland using legal loopholes in that country to shift profits to lower tax locations. A Senate report in the U.S. in May 2013 shows Apple using technicalities in Irish and U.S. laws to pay only a small amount in corporate taxes in four years 2009-2012 on $74 billion. Fredrik Reinfeldt, the prime minister of Sweden stated the argument for fairness in tax policy- "These companies ask for a lot of investment in infrastructure, in research and development, they want to have well educated staff members. Well, let's keep that together: Pay your taxes so we can afford all of these investments."
Economist Original article ›

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