Candover Investments winds itself up after writedowns

Candover Investments has announced plans to wind itself up. Among the assets the private equity firm will be selling is Ferretti, the Italian luxury yacht group. Candover Investments today became the latest high-profile victim of the financial crisis, as the private equity firm announced plans to wind itself up, selling its remaining assets and returning [...]

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The rise and fall of American Apparel

American Apparel’s chairman and CEO Dov Charney. Photograph: Bloomberg/Bloomberg via Getty Images It wasn’t having oral sex with an employee in front of a female journalist that now threatens to undo Dov Charney, founder of American Apparel. Nor was it simulating oral sex with another female member of staff whom he had ordered to pretend [...]

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What we missed in the Avastin debate | Zack Cooper

The National Institute for Clinical Excellence (Nice) has been criticised for ruling that Avastin is not cost-effective enough to be prescribed on the NHS. Photograph: Martin Argles for the Guardian This week, the National Institute for Clinical Excellence (Nice) announced that it would not approve funding for Avastin – a cancer drug that can extend [...]

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The FDA needs egging on | Henry Miller

228 million eggs have been recalled after health authorities report salmonella cases. Photograph: Robert F. Bukaty/AP The FDA has initiated a recall of half a billion eggs, the most extensive in history, because of salmonella contamination that has already sickened 1,300. The head of the agency, Margaret Hamburg, said in interviews that regulators “need additional [...]

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A students’ guide to the internet

Your laptop can take you a long way, from making friends before you arrive to using software to build a directory of articles. Photograph: Greg Hinsdale/Corbis Whatever your degree, whatever your circumstance, a little technological savvy will go a long way at university. Simply being aware of what’s out there can save you money, bolster [...]

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