The lessons for investors from the trial of Theranos founder Elizabeth Holmes
As Elizabeth Holmes, founder and former CEO of Theranos, goes on trial on allegations of defrauding investors and patients, her health-care start-up may be a
Category: Business
Stocks making the biggest moves premarket: Lululemon, GameStop, Boston Beer, RH and others
Lululemon reported adjusted quarterly earnings of $1.65 per share, easily beating the consensus estimate of $1.19. The apparel maker’s revenue also topped estimates, helped by
JPMorgan to Buy Restaurant-Discovery Service the Infatuation
JPMorgan Chase is buying the Infatuation, a restaurant discovery platform that shares reviews and recommendations on where to eat. The acquisition will include the Infatuation’s
Apple stock falls as investors look ahead to Apple iPhone 13 event
Well, let’s turn our attention to shares of Apple. We are seeing it pull back in this session after a big run up in the
Edward Snowden: Global Bitcoin Game Theory To Begin Playing Out
The game-theoretic facet of Bitcoin adoption might soon start playing out in global geopolitics. Famous whistleblower Edward Snowden tweeted about it yesterday, highlighting that Bitcoin
White House calls for solar to be nearly half of electricity supply by 2050
The White House on Wednesday outlined a plan for solar energy to supply nearly half of the nation’s electricity by 2050. The ambitious outline would
Goldman Cuts U.S. Growth Forecast as Consumer Sees ‘Harder Path’
Goldman Sachs Group Inc. economists revised down their forecast for growth in the U.S. economy this year, pointing to a “harder path” ahead for the
U.S. Ports See Shipping Logjams Likely Extending Far Into 2022
Leaders of some of the busiest U.S. ports expect congestion snarling maritime gateways to continue deep into next year, as the crush of goods from
In Hong Kong, Jimmy Lai’s Media Company Moves to Close Down
Next Digital, a Hong Kong media company that has published vehement criticism of the Chinese government for decades, said on Sunday that it would take
Chinese Internet Stocks: Bad News Ignored Signals Sellers’ Exhaustion
We have a flurry of seemingly negative news last week. Ironically, in a complete reversal of the panic experienced in July-August, the Chinese internet sector