Business

Disgraced Theranos CEO Elizabeth Holmes cites her recent child as another reason why she should be allowed to delay the start of a more than 11-year sentence while her attorneys are appealing her conviction because she is investors deceived about the possibilities of their failed company’s blood tests Technology. The birth of Holmes’ second child was confirmed in court documents…

Pfizer Inc.’s respiratory syncytial virus vaccine was endorsed by a panel of U.S. advisors for its safety and efficacy in people age 60 and older, a key endorsement that brings the drugmaker closer to the lung infection prevention market. Members of the panel that advises the Food and Drug Administration voted 7 to 4 with one abstention on Tuesday for…

Morale at Salesforce is low, despite the efforts of co-founder and CEO Marc Benioff. At the tech giant ohana means family, and family means no one is left behind — except for the several thousand employees the company laid off earlier this year as it faced severe economic headwinds. On February 13, following the second round of layoffs in 2023,…

A line has been drawn in the sand, or rather in Slack. On February 17, Amazon CEO Andy Jassy, ​​citing the importance of in-person collaboration, announced that employees would likely return to the office three days a week starting in May. The plan was greeted with mixed feelings by Amazonians who, like most Americans, are divided on the issue of…

Some McDonald’s franchisees have criticized the fast-food chain for featuring rapper Cardi B in its ads. The black American singer starred in a Super Bowl commercial earlier this month that was about a couples meal. These shopkeepers say that tying a restaurant chain that serves families to an entertainer whose songs contain profanity and sexual content would damage the brand.…

America’s “inability to build things” is crippling it, economics writer Noah Smith wrote in a blog published Monday. The “things” he’s referring to are housing, transit, solar power, transmission lines, semiconductor manufacturing, whatever. They’re being held up due to licensing and development regulations in particular, but the NIMBY (or “not-in-my-backyard”) crew in general. Smith is a well-known business commentator, but…

The court heard hearings in two cases related to Biden’s widely publicized student loan forgiveness plan. The conservative justices specifically questioned the ability of the Biden administration to implement the program without congressional approval and whether the HEROES Act was adequate legal justification for widespread forgiveness. “We take the idea of ​​separation of powers very seriously and that power should…

A move to create a new city out of Atlanta’s wealthiest, whitest neighborhoods picked up some steam this week after being blocked by Georgia lawmakers last year. Two bills that would collectively allow Buckhead District to secede from the city passed a Georgia Senate committee on Monday and could be up for a vote as early as Wednesday. If approved…

For the first time in more than two decades, some of the world’s least risky securities are delivering larger payouts than a 60/40 portfolio of stocks and bonds. The yield on six-month US Treasury bills rose to 5.14% on Tuesday, the highest since 2007. It was above the 5.07% yield on the traditional mix of US equities and fixed income…

After dominating the market for NFTs on Ethereum, Yuga Labs is taking on the Bitcoin blockchain. The $4 billion company plans to launch a new collection of Bitcoin NFTs called TwelveFold, based on a 12×12 grid, which the company calls “a visual allegory for the mapping of data on the planet.” Bitcoin blockchain” describes. Unlike previous launches, including the Web3…