
Ford electric vehicle owners to get access to Tesla Supercharger network starting next spring
All of Ford‘s current and future electric vehicles will have access to about 12,000 Tesla Supercharger stations in the U.S. and Canada starting next spring
2023-05-26 07:28

German shares lead falls in Europe as Lanxess plunges
German stocks led the decline among European peers on Tuesday as shares of speciality chemicals maker Lanxess plunged
2023-06-20 15:52

FDIC accidentally reveals details about Silicon Valley Bank's biggest customers
The Federal Deposit Insurance Corp. mistakenly revealed to Bloomberg News details on the biggest customers at Silicon Valley Bank, the failed bank whose depositors were rescued by through emergency action by regulators.
2023-06-24 01:17

Ross Stores lifts annual profit forecast on strong demand, easing freight costs
By Ananya Mariam Rajesh Ross Stores on Thursday raised its annual profit forecast after upbeat quarterly results, buoyed
2023-05-19 05:55

Cavli Wireless, a Leading Cellular IoT Semiconductor Company, Raises $10M Series-A to Accelerate Global Expansion
SAN JOSE, Calif.--(BUSINESS WIRE)--Jul 12, 2023--
2023-07-13 01:51

Elizabeth Holmes prison: Everything we know about disgraced Theranos founder going to jail
Disgraced Theranos founder Elizabeth Holmes is about to begin her 11-year prison sentence after being found guilty of defrauding investors, including media mogul Rupert Murdoch, over fake claims about the company’s blood-testing capabilities. As well as being handed jail time over her role in misleading investors, Holmes was also ordered to pay $452m in restitution. Follow the latest updates live “This is a fraud case where an exciting venture went forward with great expectations and hope, only to be dashed by untruth, misrepresentations, hubris, and plain lies,” Judge Davila, presiding over the case, said before handing down the prison sentence to Holmes. “I suppose we step back and we look at this, and we think, what is the pathology of fraud? Is it the inability or the refusal to accept responsibility or express contrition in any way? Now, perhaps that is the cautionary tale that will go forward from this case.” Ahead of being sentenced, Holmes, who has long maintained she did not intend to defraud anyone, told the court: “I am devastated by my failings. “Every day for the past years I have felt deep pain for what people went through because I failed them. I regret my failings with every cell of my body.” Where will Holmes serve her sentence Holmes, who requested 18 months of house arrest as a punishment, will begin her sentence at Federal Prison Camp Bryan in Texas – an all-female facility 100 miles from Holmes’ hometown. The minimum security prison houses around 500 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to Camp Bryan’s handbook. Holmes’ day will begin at 6am, when inmates are woken up for meals and work; people failing to comply with the strict wakeup rules are subject to punishments. Inmates are then counted at five different times during the day, when they must assemble in specific areas (once again, punishments are doled out to those who are not present at these times). The prison features a study, game room, and work programmes that see all inmates take part in a six-week course on the importance of efficiency in the workplace before they are placed into a role – with some prisoners earning as little as $0.12 in some assignments. According to the handbook, “All designated inmates are required to develop a financial plan to meet their financial obligations”, which for Holmes will mean reparations of $452m. How will Holmes keep in touch with her family? Holmes is married to Billy Evans, and the pair have two children, William, 2, and newborn Invicta. She lives around 100 miles from her family, who will be permitted to visit at weekends. Inmates at Camp Bryan are also permitted to take part in video sessions with their friends and family, according to the handbook, as well as to send and receive text messages. Prior to beginning her sentence at Camp Bryan, Holmes spent the weekend with her husband and children at the beach.
2023-05-30 22:27

Lululemon shares surge as consumers snap up pricier athletic wear
(Reuters) -Shares of Lululemon Athletica Inc soared 15% in premarket trading on Friday, after the premium apparel retailer defied investor
2023-06-02 20:54

OECD slightly raises world GDP growth forecast to 2.7%
The OECD slightly raised its growth outlook for the world economy on Wednesday as inflation eases and China has dropped Covid restrictions, but it warned...
2023-06-07 15:59

UBS to announce changes to next management level soon - CEO
ZURICH (Reuters) -UBS will announce further changes to its management as it seeks to integrate Credit Suisse following the recent
2023-06-27 16:19

Mississippi's capital only collects 56% of fees from its struggling water system
Mississippi’s capital collects only a little more than half of the money it bills for water use, far below the rate at which most American cities obtain such fees
2023-06-06 05:58

Get Microsoft Office for life for under £25
TL;DR: A lifetime subscription to Microsoft Office is on sale for under £25. Software subscriptions
2023-09-22 12:24

Germany Factory Orders Unexpectedly Jump Most in Three Years
German factory orders unexpectedly jumped the most in three years in June, a sign that Europe’s largest economy
2023-08-04 14:54
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