Ex-Theranos project manager testifies that Elizabeth Holmes told him to conceal parts of testing lab

Elizabeth Holmes (L), founder and former CEO of Theranos, leaves the courthouse with her husband Billy Evans after the first day of her fraud trial in San Jose on Sept. 8, 2021. Nick Otto | AFP | Getty Images ]SAN JOSE, CALIF. — Daniel Edlin, a former Theranos project manager who was friends with Elizabeth … Read more

Stocks making the biggest moves premarket: UnitedHealth, Wells Fargo, Walgreens and more

Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents above consensus, helped by revenue gains at its Optum … Read more

Cramer’s week ahead: Earnings season kicks off with the major banks

Wall Street wrapped another volatile week on Friday, but corporate earnings season kicks into gear next week and could bring some direction to the market. “The week recovered from an early sell-off and ended up strong enough to go into the head of earnings season with a decent head of steam, so let’s go there … Read more

Former Theranos scientist says Elizabeth Holmes pushed her to validate tests for Walgreens rollout

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 … Read more

Prosecutors call Elizabeth Holmes a liar and a cheat as her fraud trial begins

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 … Read more

Stocks making the biggest moves midday: Didi, Walgreens, ZipRecruiter and more

Pedestrians walk past a Walgreens store in New York. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Didi — Shares of the Chinese ride hailing company surged more than 14% in their second day of trading, rising back above $16 per share. The stock had a muted session … Read more

Jurors in Elizabeth Holmes trial can hear some evidence about extravagant lifestyle as Theranos CEO

Theranos founder Elizabeth Holmes leaves the Robert F. Peckham Federal Building with her defense team in downtown San Jose, Calif., on Tuesday, May 4, 2021. MediaNews Group/The Mercury News via Getty Images | MediaNews Group | Getty Images Jurors in the trial of Elizabeth Holmes will hear evidence about her extravagant lifestyle as Theranos CEO … Read more

Stocks making the biggest moves in the premarket: AstraZeneca, Moderna, Fintech Acquisition & more

Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – AstraZeneca’s Covid-19 vaccine will be recommended for people aged 65 and older in Canada, according to a CBC report. That news comes after several European countries suspended use of the vaccine, amid reports of side effects. Both the World Health … Read more

Covid vaccinations offer CVS, Walgreens and Rite Aid a chance to showcase how drugstores have changed

Store signs from CVS, Rite Aid and Walgreens stores. Getty Images CVS Health, Walgreens and Rite Aid are getting ready to administer Covid vaccinations in the months ahead, and this effort will give the three largest drugstore chains a chance to show off the work that’s been underway to revamp their businesses and respond to … Read more

U.S. likely to fall short of goal to vaccinate 20 million people against Covid before end of year

With only a few days to go, the United States will likely fall short of its goal to vaccinate 20 million Americans by the year’s end as the nation embarks on what will be a historic campaign to inoculate hundreds of millions of people against the coronavirus by the middle of next year. Two Covid-19 … Read more