Amazon’s Pharmacy Disruption | A Sweet Kind Of Deal | Six Home-Based Side Hustles

Plus: How To Make Millions From Bezos' Billions

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Brick-and-mortar pharmacies trembled at Amazon announcing its entry into the prescription drug market. We also look at venture capital firm Sequioia’s plans for European expansion, and at Elon Musk’s new net worth.

In The News Today

The FDA issued an emergency use authorization to a Covid-19 self-test that can be used at home and provide results within 30 minutes. 

Real estate mogul Sheldon Solow died at age 92. His career spanned more than half a century, building an empire of gleaming skyscrapers across Manhattan. 

Top Take-Aways

Mars, the world’s largest candy maker, will acquire Kind, a maker of snack bars, three years after it took a minority stake in the company. The deal reportedly values Kind at $5 billion.

One in five Americans regularly uses some form of smartwatch or fitness tracker—these can prove useful allies in detecting Covid-19 cases, a large new study indicated.

Pfizer reported new trial data showing its Covid-19 vaccine to be 95% effective, but its power will ultimately depend on its price. Right now, both Moderna and Pfizer’s Covid-19 vaccines seem reasonably priced and in line with the annual flu vaccine.

Amazon announced the launch of its own digital pharmacy, a move that tanked the shares of America’s three largest pharmacy chains–Walgreens, CVS Health and Rite Aid.

Tesla’s upcoming entry into the S&P 500 index lifted the fortune of its founder Elon Musk by about $6 billion—the 49-year-old is now worth an estimated $97 billion.

With just three staff announced so far, Sequoia’s London office is small. But its symbolism goes beyond its headcount, both for the firm and Europe’s broader tech ecosystem.

Enrollment of new international students at U.S. universities decreased by 43% in Fall 2020, continuing a decline first observed around four years ago. Here’s what a new administration could do to attract fresh talent.

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In the decade since making its initial public offering, IT consulting firm Booz Allen Hamilton grew its revenues by 36%, while its stock has more than quadrupled in price to $85. This success and growth trajectory is based on a philosophy of hiring the best from a diverse pool of talent.

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