Amazon now selling debt, along with cameras, books, and Kindles

Apparently, Amazon needs cash. About $3 billion of it.

To avoid defaulting on its massive debt, LightSquared’s Falcone is stepping aside

About the only thing troubled wireless-network startup LightSquared is buying these days is time, which is useful since the company is about to defaulting on millions in debt. To do this, founder and public face of LightSquared Philip Falcone has …

Dear Lord. Apple has more money than Uncle Sam

It seems insane, but Apple has more money today than the U.S. government. There’s even crazy talk about how Steve Jobs might have to bail out Uncle Sam, the way that J.P. Morgan did in the mid-1890s.

Even as the …

Life sciences briefing: Thursday, Oct. 4, 2007

Featured companies: 23andMe, APT Pharmaceuticals, Hyperion Therapeutics, Isis Biopolymer, Virogenomics

UPDATED at 10:30am PT.

APT Pharma raises $22M for transplant and heart drugs — Burlingame, Calif.’s APT Pharmaceuticals, a specialty pharma currently focused on a drug to fight organ-transplant rejection, …