Health care industry
Theranos ex-CEO Sunny Balwani found guilty in all 12 fraud charges 6 months after founder Holmes’ conviction
SAN JOSE, Calif. – In the final chapter of the Theranos saga, Ramesh “Sunny” Balwani, the company’s former chief operating officer and ex-boyfriend of founder Elizabeth Holmes, was found guilty of all 12 criminal fraud charges. Balwani had no reaction as the verdict was read at the U.S. District Court in San Jose, California and […]
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5 things to know before the stock market opens Thursday
British Prime Minister Boris Johnson listens to Qatar’s Emir Sheikh Tamim bin Hamad al Thani (not pictured) at the start of their meeting at 10 Downing Street, in London, Britain May 24, 2022. Matt Dunham | Reuters Here are the most important news items that investors need to start their trading day: 1. The end […]
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Beijing city tightens Covid vaccine requirements as cases grow nationwide
Chinese cities like Beijing, pictured here on July 6, 2022, require negative virus tests from within the last 72 hours in order to enter most public spaces. Kevin Frayer | Getty Images News | Getty Images BEIJING — China’s capital city is set to require Covid vaccinations for entering gyms and some other venues, the […]
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Lesions, headaches, debilitating pain: Gay men with monkeypox share their stories
Computer generated image of multiple monkeypox viruses. Uma Shankar Sharma | Moment | Getty Images Even as Covid-19 restrictions have loosened, for many gay men, an uninvited guest called monkeypox has threatened to spoil long-anticipated festivities. Of the 6,924 confirmed monkeypox cases in the global outbreak, the vast majority have occurred among gay, bisexual and other men […]
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We’re taking some profits in a health winner but still see stock as right for this market
We’re making another trim in a stock that’s about $10 per share higher than our sale last week. Source
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5 things to know before the stock market opens Wednesday
Traders on the floor of the NYSE, June 27, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stocks in a holding pattern U.S. stock futures were essentially flat across the board Wednesday morning, following a late rally the day before. While the Dow finished […]
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Biden’s move to lift some China tariffs will likely be ‘modest’ in short term, former trade negotiator says
President Joe Biden could decide “pretty soon” on a modest relief package to roll back some U.S. tariffs imposed on China in an effort to tamp down inflation, said Clete Willems, who previously served as deputy director at the National Economic Council. “What we are expecting that the president is deciding on is a relatively […]
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Macao locks down landmark Lisboa hotel after more than a dozen Covid-19 cases
In this 2019 photo, the Grand Lisboa casino resort towers over dilapidated buildings in Macao. Anthony Wallace | AFP | Getty Images Macao has locked down one of the city’s most famous hotels, the Grand Lisboa, after more than a dozen Covid-19 cases were found there on Tuesday, with infections spreading rapidly in the world’s […]
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5 things to know before the stock market opens Tuesday
Traders on the floor of the NYSE, June 29, 2022. Source: NYSE Here are the most important news items that investors need to start their trading day: 1. Stock slump persists U.S. investors returned from the three-day July Fourth holiday weekend to find stock futures down yet again. The market wrapped up its worst first […]
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More parts of China battle Covid and threats of lockdown as cases spike again
Covid-related restrictions tightened in parts of China as local cases climbed, while lighter measures such as virus testing linger on in Shanghai, pictured here on July 3, 2022. Qilai Shen | Bloomberg | Getty Images BEIJING — Just days after China relaxed some Covid controls, virus cases in different parts of the country have put […]
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