The last crisis, in 2011, led to a credit downgrade that sank stocks. This time, Treasury Secretary Janet Yellen has warned of a “financial catastrophe.”
Category: Theranos Inc
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Europe Plots a Diplomatic and Business Reset on China
President Emmanuel Macron of France and Ursula von der Leyen, President of the European Commission, arrived in China on Wednesday aiming to restart business and political ties.
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The Numbers in the News
The New York Times – Business:DealBook looks at the data points behind some of the biggest stories of the past year, and the themes that will endure in 2023.
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Ramesh Balwani, No. 2 Theranos Executive, Is Sentenced for Fraud
The New York Times – Business:Ramesh Balwani, the former chief operating officer of the failed blood testing start-up, was convicted of 12 counts of fraud in July.
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Elizabeth Holmes Is Sentenced to More Than 11 Years for Fraud
The New York Times – Business:Ms. Holmes was convicted in January of four counts of wire fraud for deceiving investors with claims about her blood testing start-up Theranos.
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Elizabeth Holmes to be Sentenced in Fraud Trial
The New York Times – Business:Ms. Holmes, founder of the failed blood testing start-up Theranos, is scheduled to learn her fate on Friday. She faces a maximum of 20 years in prison.
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Elizabeth Holmes Denied New Trial and Is Set to Be Sentenced
The New York Times – Business:The founder of the failed blood testing start-up Theranos faces a maximum sentence of 20 years in prison.
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Elizabeth Holmes Denied New Trial and Is Set to Be Sentenced
The New York Times – Business:The founder of the failed blood testing start-up Theranos faces a maximum sentence of 20 years in prison.