Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, on Tuesday, Oct. 12, 2021. David Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — Former Safeway CEO Steve Burd said on Tuesday that his company knew it was taking a risk by partnering with blood-testing start-up Theranos,
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In this article SIG Signage for Kay Jewelers, a subsidiary of Signet Jewelers Ltd., is displayed on the exterior of a store in New York. Bloomberg | Bloomberg | Getty Images Signet Jewelers on Tuesday said it agreed to buy the off-mall jewelry chain Diamonds Direct USA for $490 million in cash, in a bid
In this article CSG.N-CH LeoPatrizi | E+ | Getty Images More than a year and a half of concerns about inflation, rising interest rates and extreme government spending have increased the uncertainty of the investment markets. For this reason, it is imperative for seasoned and novice investors alike to protect their portfolios. I like to
Ten years ago, Steve Jobs died at age 56 after a years-long fight with cancer — an untimely death for one of tech’s most influential presences. Collaborators and competitors alike have credited their success to the Apple co-founder, from current Apple CEO Tim Cook to Bill Gates and Elon Musk. Even some of today’s younger
Maskot | Maskot | Getty Images Spain is planning to offer young people aged 18-35 years old 250 euros ($289) a month to incentivize them to move out of their parents’ house and rent. Spanish President Pedro Sanchez announced the proposal on Tuesday, as part of the government’s 2022 budget. Young people earning less than
For the first time in the 12-year history of “Shark Tank,” a Black woman is sitting in one of the investment chairs. Emma Grede, the 39-year-old co-founder and CEO of denim-brand Good American and founding partner of Kim Kardashian’s shapewear-apparel line SKIMS, is set to appear as a guest Shark on Friday’s season 13 premiere
It’s one thing to come up with a $1 billion business idea. It’s quite another to come up with a string of them. But for entrepreneur Aaron Tan, it was fundamental. If he was going to start a business, it had to have room to grow. That’s a strategy instilled in him in his early
People wear masks while walking along a street on October 3, 2021 in Wuhan, Hubei province, where a yellow high temperature warning was issued as the maximum temperature reached 98.6 Fahrenheit. Getty Images | Getty Images News | Getty Images BEIJING — Chinese consumers opened their wallets to shop during the week-long National Day holiday
Ariel Skelley A popular retirement savings tactic is on the chopping block in Congress, and investors are eyeing the strategy before it disappears. But there are other things to consider before making changes, financial experts say. Currently, investors can skirt the income limits for a Roth individual retirement account by using a so-called backdoor maneuver.
With the explosion in popularity of nonfungible tokens, online investors and collectors have bid up the prices of all manners of digital collectibles, from basketball cards to drawings of rocks to virtual racehorses. But many of the traditional items people like to collect are seeing a surge in popularity, too. More from Grow:How I went
Before the dawn of private jets and business class flights, royalty and high society members traveled through Europe onboard luxury trains. Now anyone can do it — if they are willing and able to spend £1,700 ($2,300) for a one-night trip. That’s the starting rate to go from Florence to Paris aboard the Venice Simplon-Orient-Express,
Former Theranos CEO Elizabeth Holmes arrives for a hearing at a federal court in San Jose, California, July 17, 2019. Stephen Lam | Reuters SAN JOSE, CALIF. — Former Safeway CEO Steve Burd on Wednesday testified in the Elizabeth Holmes criminal fraud trial, saying repeated delays with Theranos’ blood-testing machine raised red flags about his
Facebook is having a rough week — and it’s not even halfway over yet. On Tuesday, the social media giant faced negative testimony about user health and safety from a whistleblower in front of Congress. That came immediately after a massive outage took Facebook, Instagram and WhatsApp offline for more than six hours on Monday.
An annual list of the world’s 50 best restaurants is back — and for the first time, one city dominated the top two spots. Two restaurants in Copenhagen, Denmark — Noma and Geranium — ranked No. 1 and No. 2 respectively, at “The World’s 50 Best Restaurants” awards ceremony held Tuesday in Antwerp, Belgium. This
SAN JOSE, CALIF. — A former lab director at Theranos testified on Tuesday he quit the company for one simple reason: The blood-testing technology just didn’t work. Adam Rosendorff, a key witness for the government, took the stand for the fifth day in the criminal fraud trial of ex-CEO Elizabeth Holmes. “There was tremendous pressure
Billionaire Ray Dalio believes in an old saying: “When the student is ready, the teacher will appear.“ That may explain how Dalio, a hedge fund tycoon with a net worth of $20 billion, according to Forbes, became a mentor to entrepreneur and music mogul Sean “Diddy” Combs. The two met during a photoshoot for Forbes
Jamie Dimon, JPMorgan Chase chairman and CEO, remains a skeptic of bitcoin, the largest cryptocurrency by market value. “It’s got no intrinsic value. And regulators are going to regulate the h— out of it,” Dimon recently told Axios CEO Jim VandeHei. Dimon said that bitcoin will be around long-term, but “I’ve always believed it’ll be
At first glance, the more than 7,100 islands that make up the Philippines may appear to be similar. Those islands — of which some 2,000 are inhabited — differ by history, culture and religion, meaning they draw tourists for different reasons. Here are six — some well-known, some not — and the types of travelers
Even Jeff Bezos fails sometimes. Since launching Amazon as an online bookstore from his garage in 1994, Bezos has amassed a personal net worth exceeding $191 billion, according to Forbes — and turned Amazon into a $1.6 trillion multinational conglomerate. Part of that success, he says, means learning how to turn your failures into positive momentum.
Cecilie_Arcurs | E+ | Getty Images The term “FOMO” is defined as “a state of mental or emotional strain caused by the fear of missing out.” It’s also a form of social anxiety — a compulsive concern that one might miss an opportunity or satisfying event, often aroused by posts seen on social media websites.
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