Elizabeth Holmes, founder and former CEO of Theranos, arrives for motion hearing on Monday, Nov. 4, 2019, at the U.S. District Court House inside Robert F. Peckham Federal Building in San Jose, California. Yichuan Cao | NurPhoto | Getty Images SAN JOSE, CALIF. — A defense attorney for Theranos CEO Elizabeth Holmes lashed out at
Wealth
In this article FB If the goal was to get people talking about Iceland, a new tourism video is more than succeeding. A video published yesterday by Inspired by Iceland, a marketing campaign for Icelandic tourism, takes aim at a Mark Zuckerberg video released in October announcing Facebook’s name change to Meta. In it,
Universal basic income (UBI) is a fiscal program where the government gives every citizen a set, recurring amount of money. In the past, the idea has garnered support from across the political spectrum, including from Martin Luther King Jr. and libertarian philosopher Charles Murray. More from Grow:The 3-step plan helping me pay off debt and build my net worthThe
Elon Musk is cashing in. The Tesla CEO — who this weekend made waves with a Twitter poll asking his 61 million followers whether he should sell a chunk of his stake in the electric automaker — has sold nearly $5.7 billion worth of shares of his company over the past few days. Musk’s sales
Sotheby’s auctioneer Oliver Barker leads an auction of works by Pablo Picasso from the MGM Resorts Fine Art Collection on Oct. 23, 2021. Ronda Churchill | AFP | Getty Images Yieldstreet is launching a fund to allow retail investors to buy into a portfolio of artworks, aiming to capitalize on the soaring prices and demand
You’ve seen the pictures: The Eiffel Tower with sky ablaze in brilliant color. The Taj Mahal with no tourists. Lakes with perfectly mirrored mountain reflections. Unfortunately, the photos often have been doctored. Many places can’t live up to the expectations set by photography that has been filled, brushed, blurred, and balanced to a flawless finish.
In this article RIVN After its first two days of trading in 2010, electric vehicle maker Tesla had a market cap of just over $2 billion. R.J. Scaringe, the CEO of EV manufacturer Rivian, is worth that much on his own after his company’s second day on the public market. Rivian shares popped 57% in
Tim Cook’s company may have made your phone or laptop — but the Apple CEO says he’s worried about the amount of time you’re probably spending on it. “If you’re scrolling mindlessly or letting yourself being spun up on negativity, I think this is bad,” Cook, 61, told CNBC’s Andrew Ross Sorkin at the New
Elizabeth Holmes, founder and CEO of Theranos Mike Blake | Reuters SAN JOSE, CALIF. — In a surprise announcement, the government said Wednesday that it would likely rest its case next week against former Theranos CEO Elizabeth Holmes in her criminal fraud trial. “It is likely that the government will rest next week,” Jeffrey Schenk,
In investing, as in most walks of life, it pays to remember that childhood rhetorical question you’d get after you went along with something stupid your friends were doing. “If your friends were jumping off a bridge, would you do it, too?” More from Grow:The top 10 U.S. dream jobs, according to Twitter‘If you don’t
Former Theranos CEO Elizabeth Holmes leaves after a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — In the final two years of Theranos the company’s lab director, Kingshuk Das, says CEO Elizabeth Holmes ignored his repeated complaints about serious errors with the start-ups
In this article NCLH DIS CCL U.S. News & World Report on Tuesday published its ranking of the “best” cruise lines of 2022. The publication evaluated 17 cruise lines through a combination of expert evaluations (30%), traveler reviews (50%) and health ratings published by the U.S. Centers for Disease Control and Prevention’s Vessel Sanitation Program
In this article TSLA Tesla CEO Elon Musk gestures as he visits the construction site of Tesla’s Gigafactory in Gruenheide near Berlin, Germany, August 13, 2021. Patrick Pleul | Reuters Tesla CEO Elon Musk faces a tax bill of more than $15 billion in the coming months on stock options, making a sale of his
People often credit their success to confidence and courage. Emma Grede has another word for it: naivete. “I didn’t know anyone growing up who had their own business,” Grede tells CNBC Make It. “So I really didn’t know what I was getting into.” In 2008, at age 26, Grede founded her own London-based entertainment marketing
If you’re looking for an extremely long-term stock pick from billionaire Bill Gates, here it is: Avoid Big Oil. As the world moves away from fossil fuels and adopts more clean and renewable energy sources, oil giants that have dominated markets for more than a century could be in trouble, the Microsoft co-founder said in
It’s a common refrain: A billionaire loudly promotes potential solutions for climate change while jetting around the world, leaving a sizable carbon footprint. This week, it happened twice. First, Microsoft co-founder Bill Gates — an outspoken advocate for combatting climate change — reportedly celebrated his 66th birthday by hosting dozens of guests, including fellow billionaire
Most people who open or close a credit card see a short-term drop in their credit scores, according to a recent LendingTree analysis of several thousand credit reports. Researchers compared 1,785 users who opened a single new card and 2,412 users who closed a single card. More from Grow:How I went from debt and a low
When the Covid-19 pandemic hit last year, most companies scrambled to adjust to work-from-home life and a new economic landscape. But not Databricks, a San Francisco-based artificial intelligence software start-up. That’s because billionaire Ali Ghodsi, the company’s co-founder and CEO, had been preparing his 2,500 person staff for doomsday-type scenarios for years. In 2017, Ghodsi
It took 1,458 flights and 1,117 buses and trains for Drew Binsky to reach his goal of traveling to every country in the world. And he did it in less than a decade. CNBC spoke with Binsky nine hours after he touched down in his last country — Saudi Arabia — about how he financed
If Elizabeth Holmes testifies in her own criminal trial, videotaped depositions may be a clue of how she’ll fare on the stand. Twelve days after she was indicted on fraud charges, Holmes, the CEO and founder of Theranos, sat for a nearly four hour deposition in which she hardly answered any questions. But in the
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