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Theranos Lays Off Most of Its Remaining Workforce

Theranos Lays Off Most of Its Remaining Workforce

Blood-testing firm Theranos laid off most of its remaining workforce in a last-ditch effort to preserve cash and avert or at least delay bankruptcy for a few more months.

Published 6 months ago

Venezuela Is in Default, but Goldman Sachs Just Got Paid

Venezuela Is in Default, but Goldman Sachs Just Got Paid

Venezuela’s cash-strapped government stopped paying its foreign debt months ago. But a unit of Goldman Sachs Group Inc. recently received payments of tens of millions of dollars for bonds that ignited controversy last year when they were purchased at a big discount.

Published 6 months ago

Volkswagen set to replace Matthias Müller as chief executive

Volkswagen set to replace Matthias Müller as chief executive

Supervisory board ready to vote Herbert Diess into top job, sources say

Published 1 second ago

Sprint, T-Mobile Restart Deal Talks, Once Again

Sprint, T-Mobile Restart Deal Talks, Once Again

Sprint Corp. and T-Mobile US Inc. have rekindled merger talks, as the wireless rivals explore a combination for the third time in four years.

Published 6 months ago

Facebook CEO Mark Zuckerberg Faces Congress—Live Analysis

Facebook CEO Mark Zuckerberg Faces Congress—Live Analysis

Facebook CEO Mark Zuckerberg Faces Congress—Live Analysis

Published 6 months ago

The Secret To Better Social Media? Fewer Friends

The Secret To Better Social Media? Fewer Friends

All your friends and pseudo-friends on Facebook, Instagram, Twitter, and Snapchat tell advertisers an awful lot—and distract from the actual potential of social networks.

Published 6 months ago

How Death Strikes Around the U.S.

How Death Strikes Around the U.S.

A grim tally of “years of life lost” shows that substance abuse, suicides and diabetes drove a rise in premature deaths in nearly half the country, according to researchers who mapped variations in death rates among people 20 to 55 years old.

Published 6 months ago

Rising Home Prices Push Borrowers Deeper Into Debt

Rising Home Prices Push Borrowers Deeper Into Debt

More Americans are stretching to buy homes, the latest sign that rising prices are making homeownership more difficult for a broad swath of potential buyers.

Published 6 months ago

U.S. Accuses Chinese Firms of Rerouting Goods to Disguise Their Origin

U.S. Accuses Chinese Firms of Rerouting Goods to Disguise Their Origin

U.S. trade officials say Vietnamese steel companies and their Chinese suppliers are guilty of routing goods through another country to illicitly disguise their origin, but the companies say they are playing by the rules of global trade.

Published 6 months ago

Trump cancels Peru trip to oversee Syria response

Trump cancels Peru trip to oversee Syria response

President is trying to build coalition for joint action over alleged chemical strike

Published 1 second ago

Trump Decries FBI Raid on Lawyer Michael Cohen in Morning Tweets

Trump Decries FBI Raid on Lawyer Michael Cohen in Morning Tweets

President Trump on Tuesday declared that “attorney-client privilege is dead,” a day after FBI agents searched the office, home and hotel room of his longtime lawyer.

Published 6 months ago

Volkswagen Weighs Changes to Top Management, Including CEO Post

Volkswagen Weighs Changes to Top Management, Including CEO Post

Volkswagen said it was considering changes to its senior management structure, including possible changes to Chief Executive Matthias Müller’s position and responsibilities.

Published 6 months ago

Donald Trump Cancels Trip to South America

Donald Trump Cancels Trip to South America

President Donald Trump will skip a planned trip to South America, a White House official said, as his administration decides how to respond to the violence in Syria.

Published 6 months ago

Investors Want More Transparency About YouTube’s Sales, Profits

Investors Want More Transparency About YouTube’s Sales, Profits

YouTube’s parent company, Alphabet Inc., doesn’t share YouTube’s sales or profit, but some investors and others have renewed calls for more transparency.

Published 6 months ago

Trump to skip Peru summit to oversee Syria response

Trump to skip Peru summit to oversee Syria response

President says he is nearing decision over US reaction to alleged chemical strike

Published 1 second ago