Elizabeth Holmes (L), founder and former CEO of Theranos, leaves the courthouse with her husband Billy Evans after the first day of her fraud trial in San Jose on Sept. 8, 2021. Nick Otto | AFP | Getty Images ]SAN JOSE, CALIF. — Daniel Edlin, a former Theranos project manager who was friends with Elizabeth
Month: October 2021
Michael Sonnenshein, chief executive officer of Grayscale Investments LLC, speaks virtually during a Crypto Summit Feb. 25, 2021. Daniel Acker | Bloomberg | Getty Images Grayscale Investments plans on filing an application to convert the world’s biggest bitcoin fund into a spot ETF early next week, according to a person with knowledge of the matter.
When Haaziq Kazi was in the fourth grade, he was rocked to the core when he found out about the impact of plastic waste on marine life. He decided to do something about it, designing a prototype of a ship that sucks the waste from the ocean. “There’s this saying that we haven’t inherited this
Ting Shen/Bloomberg via Getty Images The Consumer Financial Protection Bureau proposed a rule Wednesday to raise transparency around loans for small businesses. If finalized, the federal agency’s rule would require lenders to collect and report more data about credit applications from small businesses, including demographic and pricing data and reasons for which lenders deny a
More details on why experts advise to wait to claim benefits and on benefits for divorced spouses. Few retirement issues are as complex and controversial as Social Security and the strategies people can use to maximize their benefits. So we were not surprised that an article The New York Times published in June on how
Richmond Federal Reserve President Thomas Barkin said Friday he’s on board with reducing the amount of economic help the central bank is providing as concerns grow about inflation. With the Fed indicating that it’s likely to start pulling back on its monthly bond purchases, Barkin said that seems reasonable and he’s leaning toward beginning the
An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — The People’s Bank of China said Friday that indebted developer China Evergrande is its own case, and that most real estate businesses in the country are stable. Property giant Evergrande has $300 billion in liabilities
U.S. President Joe Biden delivers remarks on the September jobs numbers in the South Court Auditorium in the Eisenhower Executive Office Building on October 08, 2021 in Washington, DC. Chip Somodevilla | Getty Images The Biden administration on Friday unveiled a government-wide plan to address the systemic threat climate change poses to all sectors of
In this article GS GSBD David Solomon, chief executive officer of Goldman Sachs & Co., speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg | Getty Images Goldman Sachs is scheduled to report third-quarter earnings before the opening bell Friday. Here’s what Wall
The holiday island of Bali reopened to tourists from select countries Thursday in what Indonesian authorities have called a “baby steps” approach to resuming international travel. Indonesia closed its borders to foreign travelers some 18 months ago. Vaccinated tourists from 19 countries — including China, India, Japan, South Korea and New Zealand, as well as
Andrew Toth | FilmMagic | Getty Images “The Big Short” investor Michael Burry inquired about ways to bet against bitcoin just before the world’s largest cryptocurrency hit a six-month high to breach the $60,000 level. “Ok, I haven’t done this before, how do you short a cryptocurrency,” Burry said in a Wednesday tweet. “Do you have
MoMo Productions | DigitalVision | Getty Images Exchange-traded funds are often associated with passive strategies. But money has also poured into the actively managed version of ETFs, as investors crave more precision, experts say. While passively managed ETFs aim to replicate an index, such as the S&P 500, active managers are more hands-on, trying to
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