Dan Gross

The Citi Bike program creeps into town.

New York City’s much-anticipated, much-delayed, much-debated bike-sharing program is starting to make progress. No bikes are yet available – the authorities have been talking about a Memorial Day launch. But in certain parts of Manhattan and Brooklyn the infrastructure is starting to appear, mostly in the form of docking stations. Including these in front of the Daily Beast’s headquarters on West 18th St.

Paperless Post

The designer has teamed with Paperless Post to create invites directly inspired by his fall collection.

Can’t afford anything from Oscar de la Renta’s last collection? Now might be your chance. The designer has teamed up with online-invitation behemoth Paperless Post to create a line of stationery, based on the exact prints from his fall collection. The range of invitations will be available both online (and, of course, on the company's mobile platforms) as well as in real paper stock. The collaboration will launch with 50 original wedding designs and then expand into general invites (including some for kids) later this year.

The good news is that health care costs aren't rocketing away like they used to. The bad news is that drug discovery has slowed down too.

While working on some of my recent posts about the Oregon study, I came across this report from the CDC on changing causes of death over time.  If you spend any time thinking about the history of health innovation in America, it's pretty fascinating. The first thing you notice is that how we die hasn't changed all that much since the Great Depression: the leading causes of death today are cancer and heart disease, just as they were in 1935.

Yves Logghe/AP

Authorities in Belgium, France, and Switzerland say they’ve got the robbers who stole $50 million worth of ice from Brussels Airport. But details are sketchy, reports Christopher Dickey.

Belgian authorities announced Wednesday that in cooperation with the Swiss and French they’d rounded up 31 suspects in the stunning $50 million diamond heist at Brussels Airport last February. But the account they gave of the gem theft had very little clarity or color.According to Jean-Marc Meilleur, a spokesman for the Brussels prosecutor’s office talking to reporters in Brussels, “In Switzerland, we have found diamonds that we can already say are coming from the heist, and in Belgium large amounts of money have been found.

Joe Raedle/Getty

Nearly one-third of bee colonies perished last winter. A new study suggests the sudden decline in the population could take a big economic toll on the agricultural economy – far beyond declines in honey production.

Talk about a buzzkill. U.S. honey bee populations are continuing to dwindle and it could have drastic effects on agriculture The Wall Street Journal reports. A study released Wednesday by the U.S. Department of Agriculture found that 31 percent of bee colonies died this past winter—about 800,000 bees.The report is the latest in a serious of mass honey bee deaths reported over the past several years. A decline was first reported by beekeepers in 2006 and is attributed to multiple factors such as parasites, mal-nutrition, disease and parasites.

Mayer meets with execs.

Apparently the SNL archives were just a first step. Yahoo CEO Marissa Mayer has reportedly met with top executives at Hulu to explore buying the subscription video service. Hulu, which is owned by News Corp., Disney, and Comcast and has roughly $300 million in debt, is also being pursued by the Chernin Group and Guggenheim Partners. The move by Yahoo comes after its failed bid to buy France Télécom’s Dailymotion in April.

Read it at All Things D

Japan Inc. comeback?

This may be the year Toyota gets its groove back. The world’s largest automaker tripled its profits year over year to $9.7 billion. A weakened yen (down 30 percent since last September), company reductions, and strong sales in North America powered the Japanese company to its strongest year in five years.

Read it at The New York Times

Mikey Schaefer, via Patagonia

Patagonia has proven that charging a premium for ecofriendly products is a solid business model. Now it’s starting an internal venture fund to seed likeminded green businesses.

Patagonia, the clothing company that is equal parts high-end outdoor apparel retailer and environmental advocate, has made a practice of giving one percent of its profits to nonprofit grass-roots environmental organizations. Now it’s looking to boost its profits by investing in for-profit sustainable businesses. On Monday the company launched $20 Million and Change, an in-house venture that will invest in startup businesses involved with food, water, energy or waste.

By crisis-era deal.

They say never to go grocery shopping on an empty stomach. In 2009, at the nadir of the crisis for automaker Chrysler, a desperate Treasury Department team led by Steve Rattner put together a deal for Chrysler that left Italian automaker Fiat with a 20 percent stake, with the option to buy another 50 percent. While the U.S. and Canada have sold their combined stakes to Fiat, the union’s health-care trust owns the remaining 68 percent. Surprise, surprise—the union and Fiat are duking it out in court over rival valuations of the company. The difference: $6 billion.

Read it at The New York Times

For hedge titan Paulson.

That’s got to hurt! Billionaire John Paulson’s Paulson & Co. hedge fund’s $700 million gold fund lost 27 percent in April as the price of gold dropped 17 percent over two weeks. The jaw-dropping one-month decline leaves a year-to-date loss of 47 percent. Adding salt to an open wound, a majority of the money in the fund is reportedly Paulson’s own cash. 

Read it at Reuters