Theranos founder Elizabeth Holmes, center, and her family leave the Robert F. Peckham Federal Building and U.S. Courthouse after the jury found her guilty on four counts in San Jose, Calif., on Monday, Jan. 3, 2022. Dai Sugano | MediaNews Group | Getty Images Former Theranos CEO Elizabeth Holmes, who was convicted of federal fraud
Month: January 2022
Traffic police and epidemic prevention personnel work together to check vehicles at a highway entrance in Zhengzhou, the capital of Henan province, China, on the afternoon of January 8, 2022. Costfoto | Future Publishing | Getty Images BEIJING — Goldman Sachs cut its 2022 forecast for China economic growth Tuesday in expectation of increased restrictions
Loading chart… GrowGeneration: “We very specifically said when that stock got into the $40s that it was done, that there wasn’t much more there, that we thought it was terrific, but we wanted to take the gain. We felt that bulls make money, bears make money, and pigs, well, they get slaughtered. It was time
SolStock | E+ | Getty Images During these hard times, at least one thing should should soon get easier: Getting tested for Covid-19. Starting Saturday, many people will be able to get free at-home tests, thanks to a new initiative by the Biden Administration. Here’s what you need to know. Who can get the free
A woman looks at an NFT titled “CURIO CARDS (EST. 2017)” on Sept. 28, 2021, at Christie’s auction house in New York. TIMOTHY A. CLARY | AFP | Getty Images In the digital realm, all taxes aren’t necessarily equal. Amid a cryptocurrency and non-fungible token (NFT) boom, wealthy owners may pay a different tax rate
Shane Evans, interim CEO of fintech platform MX. Courtesy: MX Fintech start-up MX has named Shane Evans its interim CEO as the company prepares for an initial public offering or possible sale, CNBC has learned. Evans, who joined the Utah-based start-up in 2019 as chief revenue officer, is replacing founder Ryan Caldwell, who will become
Hache | E+ | Getty Images New Covid cases are rising fast and at-home rapid tests are in high demand. But consumers scrambling to buy tests online — especially as brick-and-mortar retailers sell out or limit supply — may get duped into buying a fake or unauthorized test kit. Demand for test kits may increase
FAA chief Steve Dickson flies a Boeing 737 MAX, from Boeing Field on September 30, 2020 in Seattle, Washington. Mike Siegel | Getty Images Boeing‘s sales and deliveries of new planes surged last year as customers looked beyond the pandemic’s toll on travel demand, but the manufacturer still ended 2021 behind chief rival Airbus. Boeing
Chesnot | Getty Images Major cryptocurrencies such as bitcoin and ether have had a rough start to 2022. For some investors, it may be an opportunity to buy into the risky digital assets. Bitcoin slumped as much as 6% Monday, falling below $40,000 per coin for the first time since September, according to Coin Metrics.
A trader in a face mask works on the trading floor at the New York Stock Exchange (NYSE) as the Omicron coronavirus variant continues to spread in Manhattan, New York City, U.S., December 20, 2021. Andrew Kelly | Reuters The Nasdaq Composite and the tech sector of the S&P 500 slid sharply to begin the
Actor, producer and entrepreneur Kevin Hart is the one of world’s highest paid stand-up comedians and owns a successful venture capital firm — but he didn’t get where he is in the business world without learning from his mistakes. On Friday’s episode of ABC’s “Shark Tank,” the guest Shark turned down an offer from Candi
An elderly couple walk past a sign in front of Shimao Tower, developed by Shimao Group Holdings Ltd., in Shanghai, China, on Saturday, Jan. 8, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese real estate developer Shimao Group Holdings pushed back Tuesday on reports of default and sales of prime property. Shimao
Veru: “Veru is in [Phase 3] for a very important breast cancer indication. They just got fast-track designation by the FDA this morning. It’s at $5. It made no sense that the stock didn’t go up to me. I thought it should’ve been up on the news.” Nio: “Nope. Not recommending that. Not recommending any
Getty Images Many Americans are in the dark about one important aspect of their credit cards. Of those who carry a balance, 40% don’t know the interest rate they’re being charged on their primary card, a new survey from Bankrate found. That could wind up costing them a lot of money. “As much as we
Take a look at some of the biggest movers in the premarket: Zynga (ZYNG) – The online game maker’s shares soared 48.2% in the premarket after it agreed to be acquired by video game maker Take-Two Interactive (TTWO) for $9.86 per share in cash and stock, implying a total deal value of $12.7 billion. Take-Two
In this article 2330-TW A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Top chipmaker TSMC notched a new quarterly sales record at the end of 2021 boosted by continued demand from top clients including Apple and Qualcomm for semiconductors. The Taiwanese foundry, which
In this article JNJ Johnson & Johnson announced in November that it plans to spin off its consumer business into a new publicly traded company by November 2023. The news didn’t surprise Wall Street. “The analyst community has been talking about splitting up J&J for years,” said Jared Holz, health-care equity strategist at Oppenheimer. “The
NicolasMcComber | E+ | Getty Images Air travel continues to be disrupted this week by the national surge in Covid infections, and many worried Americans may be wondering whether or how to ensure — and insure — upcoming or planned trips. More than 2,221 flights nationwide were canceled Thursday alone, according to website FlightAware. That
Traders work on the floor of the New York Stock Exchange (NYSE) on January 07, 2022 in New York City. Spencer Platt | Getty Images Stock futures were lower in overnight trading Sunday after a rocky start to 2022 for equity markets as interest rates rise. Futures on the Dow Jones Industrial Average shed about
CNBC’s Jim Cramer on Friday laid out an investment case for five legacy technology companies that he believes could post strong returns in 2022. The “Mad Money” host said the following stocks fit within his main theme for the year, which is investing in profitable companies that produce tangible goods: Apple, Cisco, IBM, Microsoft and
Sarah Jessica Parker and Bridget Moynahan are seen on the set of “And Just Like That…” the follow up series to “Sex and the City” in Midtown Manhattan on July 27, 2021 in New York City. Raymond Hall | GC Images | Getty Images For many people, their last will and testament, a document that
In this article INTC COUR AAPL GDDY NFLX The Netflix logo is seen on their office in Hollywood, California. Lucy Nicholson | Reuters Stocks started the new year on rocky footing as investors confronted the prospect of rising omicron cases, higher bond yields and the Federal Reserve tightening its monetary policy. These macroeconomic factors can
We all want money — some of us dangerously so. Thankfully, there are simple and powerful ways to get rich without gambling your hard-earned savings. For sure, they won’t all just stick in your brain. And many will change over time as Uncle Sam reforms our taxes and benefits, and as new and better financial
In this article BTC.CM= Chukrut Budrul/SOPA Images/LightRocket via Getty Images Bitcoin dropped to a three-month low late Thursday amid jitters over U.S. monetary policy tightening and an internet shutdown in Kazakhstan, the world’s second-biggest bitcoin mining hub. The price of bitcoin fell to $41,222.41 just after 9 p.m. ET Thursday, reaching its lowest level since
Fans for the Tennessee Titans and the Los Angeles Rams before an NFL football game at SoFi Stadium, Sunday, Nov. 7, 2021, in Inglewood, Calif. Marcio Jose Sanchez | AP The Buffalo Bills are seeking a new $1.3 billion National Football League stadium. The Chicago Bears are spending $197 million to acquire land that could
bojanstory | E+ | Getty Images This year may be your chance to get a big raise. As employers try to retain talent amid the “Great Resignation,” many of them expect to pay more in salaries and/or bonuses. In fact, 51% of human resource leaders in the U.S. said their organization expects average merit increases
In this article BABA 9618-HK BIDU CNBC’s Jim Cramer said Wednesday he can’t recommend investors buy Chinese stocks because the communist government there is a “total wild card.” Chinese President Xi Jinping “does not like capitalism,” Cramer told “Squawk Box,” saying the leader of the world’s second-largest economy “may be the first totalitarian dictator in
Warren-Pender | iStock Editorial | Getty Images Yes, you have another chance to win a ton of money in Powerball. No, you probably won’t win. The jackpot jumped to $630 million from $610 million ahead of Wednesday night’s drawing due to strong ticket sales. The amount — which has been growing for three months —
In this article GME TMUS 4AIM-IT SONO QDEL DKNG Check out the companies making headlines before the bell: GameStop (GME) – GameStop surged 14.3% in the premarket on reports that the videogame retailer is starting a new division to focus on cryptocurrency partnerships and NFTs. T-Mobile (TMUS) – T-Mobile reported fourth-quarter postpaid net subscriber additions
Staff at CSL are working in the lab on November 08, 2020 in Melbourne, Australia, where they will begin manufacturing AstraZeneca-Oxford University COVID-19 vaccine. Darrian Traynor | Getty Images A researcher in Cyprus has discovered a strain of the coronavirus that combines the delta and omicron variant, Bloomberg News reported on Saturday. Leondios Kostrikis, professor
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