Business Insights

The court refused fallen Theranos CEO Elizabeth Holmes in her appeal to be out of federal prison while she pleads her conviction for the scam she instigated while in control of a blood-testing rip-off that bared Silicon Valley’s shady side. In an 11-page ruling issued, U.S. District Judge Edward Davila concluded there wasn’t compelling enough […]

Consumers have been recently warned by the FBI not to use free public charging stations when they charge their cell phones as fraudsters can hack public chargers and can infect devices with malware thus giving hackers access to phones, tablets, or computers. In a Twitter message, it says to “Avoid using free charging stations in […]

In a new lawsuit filed Monday, Twitter’s ex-CEO Parag Agrawal and two other former executives claimed that the social media company failed to compensate them for over $1 million in legal expenses. Agrawal, former Twitter chief legal officer Vijaya Gadde and ex-chief financial officer Ned Segal, who were fired after Elon Musk took over the platform assert that the […]

Melania Trump broke her silence on April 9, it was the first time since her husband’s indictment and arrest that she spoke up. “Happy Easter!”, tweeted Melania above a photo of a pink rose, it was the first time she posted something online since her husband was indicted. Trump also spoke up after being arraigned […]

Rick Johnson, 70, and former head of Michigan’s medical marijuana licensing board and former state House speaker admitted to taking more than $110,000 in bribes to help businesses get medical marijuana licenses. Johnson, a Republican, served as the chair of the licensing board from 2017 to 2019 and previously served as the state House speaker […]

Charlie Javice, a tech start-up CEO and Forbes magazine ’30 Under 30’ honoree was arrested and charged with fraud for allegedly lying to J.P. Morgan Chase about the number of customers her firm services with its student loan assistance program. “She lied directly to JPMC and fabricated data to support those lies — all in […]

An outbreak of eye infections involving products made at an Indian factory has resulted in deaths, loss of vision, and it is apparently caused by eye drops. The Artificial eye drops and ointment involved include those branded as EzriCare and Delsam Pharma. Recently, these products have already been recalled. Eye Drops Violation U.S. regulators examining […]

Johnson & Johnson is offering at least $8.9 billion to settle thousands of lawsuits filed by people claiming that the company’s products containing talc caused cancer. The suggested settlement, payable over 25 years, is $6.9 billion more than its previous offer in connection with a 2021 bankruptcy filing by its LTL Management unit. Women have filed […]

Ivanka Trump has weighed in on Donald Trump’s indictment in New York City. Trump is being indicted for his involvement in paying hush money to adult film star Stormy Daniels and a grand jury voted to indict the former President of the United States on March 30. In a statement posted on Instagram on March […]

Twitter has removed the verification check mark on the main account of The New York Times after it expressed its decision not to pay the monthly fee for its check mark status. “We aren’t planning to pay the monthly fee for checkmark status for our institutional Twitter accounts,” the Times said in a statement Sunday. […]

Global fast-food chain McDonald’s Corp is momentarily shutting its U.S. offices this week and preparing to inform workers about the coming layoffs as part of a comprehensive business restructuring. In an emailed memo to its U.S. employees and some international staff, McDonald’s asked them to work from home from Monday through Wednesday so it can deliver […]

French Prime Minister Elisabeth Borne has been criticizing government minister Marlene Schiappa for appearing on the cover of Playboy magazine. Schiappa was on the cover of France’s April issue where she was interviewed for an article discussing women’s rights. Schiappa did not appear nude but her interview was featured on 12 pages and Borne said […]