BUSINESS NOTES MINIMED'S DEAL WILL HELP DIABETICS.
DMCare offers on-demand intervention and educational Web-based service to help diabetics and their doctors with blood glucose control.
Under the terms of the agreement, DMCare will develop an automated dosing support algorithm that can be accessed and used exclusively by MiniMed insulin pump patients and their prescribing physicians.
- Daily News
Analysts dismiss economic uptick
NEW YORK - Analysts on Thursday largely dismissed a rise in a key gauge of U.S. economic activity last month as a temporary bounce in a troubled economy.
The New York-based Conference Board said Thursday its Index of Leading Economic Indicators rose 0.8 percent to 109.4 in January, suggesting the economy is steering clear of a recession.
But economists said the uptick is likely just a rebound in business activity after a slowdown in November and December prompted in part by bitterly cold weather and two interest rate reductions.
- Associated Press
Venture capital slows by a third
SAN FRANCISCO - Investments in venture capital funds plunged 33 percent during last year's final quarter in a retreat spurred by the accelerating pace of Internet business failures.
Venture capitalists raised $18.4 billion nationwide in the fourth quarter, down from $27.4 billion in the third quarter, according to a report released Thursday by the industry's trade association and Venture Economics, a research firm.
On a year-to-year comparison, the venture capital slowdown was even more dramatic. In the fourth quarter of 1999, investors turned over $29.6 billion in venture capital funds.
The deceleration in fund raising coincided with a similar slowdown in the rate of investments in startups.
- Associated Press
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|Publication:||Daily News (Los Angeles, CA)|
|Date:||Feb 23, 2001|
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