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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jul 30, 2024
Page
8
Waning confidence surrounds Microsoft as investors await a year over year earnings rise. The Windows maker has helped buoy markets to record highs amid a surge in interest in artificial intelligence and related tech bets.
U S stock indexes closed mixed as traders anticipated a busy week of earnings from leading firms and a Federal Reserve rate decision. The S P 500 gained 0.1 percent while traders weighed quarterly results from key companies, including a big instrument maker that beat forecasts.
Chancellor Douglas Girod notes KU has raised over $250 million to build a large cancer research and treatment facility on the Kansas City campus. He says the project will be a game changer for generations and shifts biomedical research toward engineering-style problem solving with available tools and committed resources.
KU Cancer Center aims to blend research and patient care under a single vision. Highlights include a $100 million Sunderland Foundation gift for a new cancer facility, a $43 million federal appropriation, and a $75 million state matching grant approved by the 2024 legislature and signed by Gov. Laura Kelly. Bob Page credits federal support and notes his own cancer-free recovery after treatment at KU Health System.
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