Elizabeth Holmes, CEO of Theranos, attends a panel discussion during the Clinton Global Initiative’s annual meeting in New York, September 29, 2015. Brendan McDermid | Reuters SAN JOSE, CALIF. – A former Theranos scientist testified Friday that Elizabeth Holmes pressured her to validate blood test results from the company’s Edison machine to speed up a
Wealth
In this article QAN-AU DAL A study conducted earlier this year shows there may be a way to reduce the number of Covid infections on board commercial airplanes to virtually zero. Results of the study appeared in a peer-reviewed article published on Sept. 1 in the Mayo Clinic Proceedings medical journal. The article — a
The subject of additional regulation in the crypto space has been especially buzzy lately, and on Tuesday, Gary Gensler, chairman of the Securities and Exchange Commission, told the Senate Banking Committee that the SEC is working overtime to create a set of rules for crypto markets to protect investors, among other things. In response, both
If you’re anything like me, you got into debt because you were trying to become a better version of yourself. My story starts with humble beginnings. Both of my biological parents were unsuitable to raise me due to drug addiction and I was immediately placed into foster care at birth. After going through the foster
Theranos founder Elizabeth Holmes arrives at Robert F. Peckham U.S. Courthouse for opening arguments in her trial, in San Jose, California, September 8, 2021. Peter DaSilva | Reuters SAN JOSE, CALIF. – Elizabeth Holmes was the founder and face of Theranos, but when it came to the company’s laboratory, she relied on her highly qualified
Drew Angerer | Getty Images News | Getty Images House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of the U.S. safety net. That rate, an increase from the current 37% levy for the
Elizabeth Holmes, founder and CEO of Theranos, arrives at the federal courthouse for jury selection in her trial, Tuesday, Aug. 31, 2021, in San Jose, Calif. Nic Coury | AP SAN JOSE, Calif. — In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private
Today, Jessica Alba’s Honest Company is a publicly traded company valued at nearly $1 billion. But when the “Dark Angel” actress decided to launch her consumer goods start-up in 2012, she was met with plenty of doubters — including herself. In the years since, she’s had to work to combat the naysayers, developing a strategy
The word “taxes” is seen engraved at the headquarters of the Internal Revenue Service (IRS) in Washington, D.C., U.S., May 10, 2021. Andrew Kelly | Reuters Top earners in New York City could face a combined city, state and federal income tax rate of 61.2%, according to plans being proposed by Democrats in the House
Self-awareness is an important workplace trait — and, as CNBC’s Shepard Smith says, a potentially double-edged sword. “I am not here to be your token,” Smith recently said at the Association of LGBTQ Journalists 2021 National Convention. “I don’t want to be the gay journalist, I want to be the journalist who is gay.” Smith,
To reach NBA legend Shaquille O’Neal’s level of success, both on and off the court, you need to adopt the right mindset. That’s according to the Hall of Famer himself. “Of course, you have to have a little bit of talent — but if you have a certain mindset, nothing can stop you,” O’Neal tells
Theranos founder Elizabeth Holmes and her partner Billy Evans leaves the Robert F. Peckham U.S. Courthouse after the delivery of opening arguments in her trial, in San Jose, California, September 8, 2021. Peter DaSilva | Reuters When you hobnob with celebrities and titans of society, you need good jewelry. And former Theranos CEO Elizabeth Holmes
Signage outside the Internal Revenue Service (IRS) headquarters in Washington, D.C. Bloomberg | Bloomberg | Getty Images The top 1% of Americans may be dodging as much as $163 billion in annual taxes, according to a report from the U.S. Department of the Treasury. This estimate widens the so-called tax gap — the shortfall between
What a difference a year can make. Last September, the travel industry agonized over a dearth of Christmas bookings. This September, some hotels are already fully booked for the holiday season. People are reserving their Christmas vacations earlier this year, despite an unsettling rise in Covid-19 infections caused by the highly contagious delta variant.
Since retiring from the NBA in 2011, Shaquille O’Neal has reportedly amassed a net worth of more than $400 million. But the Basketball Hall of Famer says he’s steering clear of one popular investing strategy: cryptocurrencies. “I don’t understand it,” O’Neal tells CNBC Make It. “So I will probably stay away from it until I
Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Aug. 31, 2021. David Paul Morris | Bloomberg | Getty Images The fraud trial of former Theranos CEO Elizabeth Holmes came to a grinding halt when a juror disclosed to the court that he had been potentially exposed
Sotheby’s Art Auction: Mark Rothko’s #7 (L), and Andy Warhol’s Nine Marilyns (R). Courtesy: Sotheby’s After years of legal wrangling and Covid delays, the storied art collection of real estate tycoon Harry Macklowe and his ex-wife, Linda, is headed for auction at Sotheby’s, and could fetch more than $600 million. The collection, which includes prized
Prosecutors called Theranos founder and CEO Elizabeth Holmes a liar and a cheat on Wednesday while her attorneys argued that the company’s failure was not a crime. “Out of time, out of money, Elizabeth Holmes decided to lie,” Robert Leach, an assistant U.S. attorney, said while laying out the case that Theranos ran out of
WOODSIDE, CALIF. — On the same day that former Theranos CEO Elizabeth Holmes was granted a delay in her criminal fraud trial due to a pregnancy, her partner was issued a traffic citation. William “Billy” Evans received a citation on March 17 for “failure to display license place,” according to San Mateo County court records.
ANGELA WEISS The head of the U.K.’s financial watchdog singled out an Instagram ad posted by Kim Kardashian, that promoted Ethereum Max, in a speech warning of the risks of “speculative” cryptocurrency tokens. Charles Randell, chair of the U.K.’s Financial Conduct Authority, said in a speech on Monday that Kardashian had asked her more than
The pandemic is spurring changes to Machu Picchu, some of which may last long after the global outbreak ends. The 15th century Incan archeological site has been a poster child for over-tourism for years, with visitors reporting trips to the site’s Citadel being ruined by crowds. The pandemic may have helped that. New rules now
The mansion at 1108 Wallace Ridge in Beverly Hills, California is 18,000 square feet and unfolds over two levels. Mark Angeles It took six years for this $65 million megahome to rise up on a ridge in Los Angeles. Back in 2014, an outdated mansion sat on the half-acre lot at 1108 Wallace Ridge. It
Former Democratic Senator Heidi Heitkamp, one of the party’s leading voices on tax policy, said President Joe Biden’s proposal to tax appreciated assets upon death would hurt family farms and family-owned businesses. “I’m trying to sound the alarm, both economically and politically, for Democrats that this is not a path to walk,” she said in
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images A jury in the Elizabeth Holmes fraud trial is expected
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images SAN JOSE, CALIF. – A jury of seven men and five women will decide
Travel planning usually involves booking a trip to one place at a time. Now a growing number of people are booking two or even three trips over the same travel period in case Covid-related problems ruin their preferred plans. The trend is called “trip stacking,” and it involves booking a more aggressive trip —
The exterior of the Gloria Crest Estate located in Englewood Cliffs, New Jersey. LuxQue Media / Mike Aghachi A mansion was once hailed as one of the most expensive homes for sale in New Jersey, has seen its price drop like a ton of bricks. Back in 2013, the 28-room estate at 83 North Woodland
When I was 25, inspired by the energy and excitement of the New York Stock Exchange after a visit when I was in college, I started my own investing firm, Caffey Investment Group. Prior to launching my business, I worked at my father’s insurance agency for three years and then worked at two other investment
Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images Theranos isn’t exactly a household word, but many of the
Adina Eigen took her first trip to the British Virgin Islands in December 2020. Around that time, it had one of the world’s lowest Covid rates among islands that had reopened. The 42-year-old mother of four from Sands Point, New York, has since returned twice, checking infection rates — and vaccination statistics — before her
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