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DroneBase via AP Record flooding across the Midwest has damaged agricultural fields and killed livestock. Farmers will face hundreds of millions of dollars worth of damage, according to experts. That comes at a time when farmers are already struggling from low commodity prices and tariffs. Record flooding has devastated farmers across the Midwest, hitting them…

New York's largest private real-estate development, the 18-million-square-foot Hudson Yards, can expect a flood of locals, tourists, and office workers at its grand opening on Friday. For the first time, members of the public will be able to climb aboard Vessel, a 150-foot-tall honeycomb-shaped art installation in the public square; dine at the complex's high-end…

Peloton, a digital exercise equipment company retailer, has reported lty chosen bankers for an IPO. Peloton sells exercise bicycles, treadmills and subscriptions to digital content. Business Insider/Mary Hanbury Goldman Sachs and JPMorgan will lead the IPO, according to Bloomberg, which added that the deal could value the company at more than $8 billion. Founded in…

Vitamins are supposed to be good for you. But if recent research is any indication, the pricey pills and powders may offer more of a health risk than a nutritional boost. From vitamins to specialized supplements for improved focus and weight loss, several formulations have been tied abnormal heart rhythms, worsened asthma symptoms, and even…

The cloud computing market went bonkers in 2018, with businesses spending $70 billion on cloud services, says John Dinsdale, chief analyst at Synergy Research Group. Cloud computing is where companies rent the tech they need, served up to them over a network connection, and pay only for what they use. This is opposed to the…

DAVOS, Switzerland — Developing new medications is a notoriously expensive, slow, and failure-ridden process. Using artificial intelligence, though, could change all that. AI is the "next great tool" in drug development, Novartis executive Jay Bradner told Business Insider, and the $220 billion Swiss drug giant is "extremely organized" around deploying it. As president of the…

Our elders may be wise in years but they're not always very tech savvy, as anyone who's had to provide tech support to an uncle or grandparent can attest. But tech products are starting to become more senior-friendly. New innovations, like voice recognition, touch screens and sensors, are making the power of digital technology more…

Healthcare's expensive. The US now spends $3.5 trillion annually on healthcare, or 18% of the economy. That's twice as much as some other developed nations. And a lot of it is estimated to be wasteful — about $910 billion, according to a 2012 report in the Journal of the American Medical Association. In a Wednesday…

Over the past few years, pharmaceutical giants have been shedding their over-the-counter businesses. That now includes British drugmaker GlaxoSmithKline and drug giant Pfizer, which in December 2018 laid out plans to combine and then spin out their consumer-health businesses. Eventually, the goal is to form a new, separate company for those products. Combined, the business…

Niantic, the developer of "Pokémon Go" and the forthcoming "Harry Potter: Wizards Unite," says that it's now valued at "almost $4 billion," following a $245 million funding round led by IVP, with participation from strategic investors Samsung and Axiomatic Gaming. John Hanke, the CEO of Niantic, tells Business Insider that the company didn't need the…