Silicon Valley could use a reboot. The biggest players aren’t growing, and more than a few are seeing sharp revenue declines. Regulators seem opposed to every proposed merger, while legislators push f...
Tag: Healthcare Support Services
Crispr Therapeutics: FDA Filing on Sickle Cell Gene Therapy Is Almost Done
An approval filing for a breakthrough treatment of sickle cell disease should be done by March, Crispr Therapeutics said, highlighting the company’s lead in a competitive area of medical research and ...
CVS Wants to Be a Healthcare Provider. So Why Doesn’t It Have Any Doctors?
Late last year, CVS Health CEO Karen Lynch unveiled a new strategy: Rather than remain simply a pit stop for toilet paper and flu shots, CVS stores would become a place that Americans—particularly old...
Elizabeth Holmes Sentencing: A History of the WSJ Theranos Investigation
By Michael Siconolfi Nov. 18, 2022 5:30 am ET Listen to article (2 minutes) Elizabeth Holmes’s journey from Silicon Valley superstar to felon is slated to culminate Friday during a hearing in which a ...
FTX’s stunning collapse nothing like Theranos, says venture investor and crypto bull Tim Draper
Tim Draper, founder and managing partner of Draper Associates and Draper University, balked at comparing the stunning implosion of crypto trading platform FTX to the notorious biotech startup Theranos...
Elizabeth Holmes wants a new trial, citing regrets from key witness against her
SAN FRANCISCO — Disgraced Theranos CEO Elizabeth Holmes requested a new trial Tuesday, asserting in a court filing that a key witness for the prosecution now regrets the role he played in her convicti...
Tesla Stock Today: Elon Musk’s Twins, EV Charging and What Else to Know
Text size It was revealed that Tesla CEO Elon Musk had twins last year with one of his top executives. Getty Images Shares of electric vehicle maker Tesla rose 1% in premarket trading Thursday. Here’s...
GoodRx Beat Quartely Estimates. Here’s Why the Stock Is Falling.
Text size GoodRx had a strong first quarter but effectively removed 2022 guidance. Piksel/Dreamstime News that a large grocer is no longer accepting GoodRx’s pharmacy discount cards has wrecked the st...
Constellation Brands and Murphy Oil Raised Their Dividends This Week
Text size This week was a slow one for dividend increase announcements. Freeze Frames/Dreamstime.com Constellation Brands and Murphy Oil were among the small number of companies that declared dividend...
Deere Goes Autonomous With Its Farmer-Free Tractor
Illustration by Elias Stein Text size One of the biggest themes at this past week’s CES tech show was electric and autonomous transportation—cars, trucks, bikes, boats. And, it turns out, tractors. Fa...
Biotech Stocks Are Due to Bounce Back. This One Stands Out.
Text size Large-cap biotech will offer a smoother ride than small, and Vertex, in particular, looks attractive. Igor Akimov/Dreamstime.com Biotech stocks began the year in much the same way they ended...
How Many Years Could Elizabeth Holmes Face in Prison? Decades, in Theory
Elizabeth Holmes’s potential prison term for defrauding investors, like her company’s blood-testing technology, will likely fall short of what is advertised, according to an analysis of federal data b...
Opinion: Any one of these 15 money-losing companies could become the stock market’s biggest ‘unicorn’ failure ever
David Rush holds a Guinness world record for cramming 100 candles into his mouth and lighting them. Sandeep Singh Kaila spun a basketball on a toothbrush for a record 1 minute and 8.15 seconds. Nevill...