Business

Theranos, the blood-testing company on its way to liquidation, caused several high-profile investors to lose more than $600 million, according to a Wall Street Journal report Friday. Documents unsealed in a lawsuit brought against Theranos reveal a number of the high profile investors who had a stake in the nearly worthless start-up: The Waltons, founders
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BNP Paribas reported a 17 percent fall in net income during the first quarter of the year, highlighting “lackluster” trading activity in Europe. Here are some of the highlights: Revenues: 10 billion euros ($11.98 billion) in the first quarter of 2018, compared to 11 billion euros in the first quarter of 2017. Operating income: 1.923
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Federal prosecutors in Detroit on Thursday unsealed charges against former Volkswagen Chief Executive Martin Winterkorn, accusing him of conspiring to mislead regulators about the German automaker’s diesel emissions cheating. Volkswagen did not immediately comment An indictment filed in secret in March was unsealed in U.S. District Court on the same day as Volkswagen’s annual meeting
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Tianhan Chen | Cpressphoto | Getty Images The skyline of the city of Beijing, China on March 25, 2016. Beijing China’s capital stands out ahead of its Asian peers in terms of the scale and valuation of its start-up scene. Home to as many as 7,000 start-ups and more than 40 unicorns — businesses with
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Wooden told Yaeger to divide a sheet of paper into three columns, one for each of his main social circles: personal, professional, and a social organization. In each, he was to list the names of the five people he was closest to within those circles. Then, at the end of the evening, he was to
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Blue Origin has launched its New Shepard rocket Sunday from its facility near Van Horn, Texas in the company’s first flight of 2018. The vehicle — named after the first American in space, Alan Shepard — launches vertically from the West Texas facility. Founder Jeff Bezos, who invests $1 billion each year into Blue Origin
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DENVER — Twenty years after California first legalized marijuana use for sick people, “medical marijuana” has become a billion-dollar business so cloaked in emotion that it would be virtually impossible to dismantle. Without any real national discussion, most Americans now live where it’s possible to get pot for pain, nausea or other ailments. Thirty states already
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