Theranos founder Elizabeth Holmes is denied a bid for a new trial

Theranos founder Elizabeth Holmes is denied a bid for a new trial

A federal judge rejected Elizabeth Holmes’ bid for a new trial, the latest setback for the Theranos Inc. founder, who was convicted of fraud in January. U.S. District Judge Edward Davila, who supervised Ms. Holmes’ trial, which began last year, said in a ruling late Monday that the arguments in her three motions for a … Read more

The IRS is making big changes to FSAs and HSAs. Here’s what you need to know.

The IRS is making big changes to FSAs and HSAs.  Here’s what you need to know.

Employers typically offer an open enrollment period in the fall, when their employees are allowed to choose new health plans, sign up for a flexible spending account or make other changes to their benefits. This year, there are some changes ahead that could help employees, while potentially opening up some financial pitfalls. Among the biggest … Read more

Mexico threatens a trade war with the US and Canada

Mexico threatens a trade war with the US and Canada

Relations between the United States and Mexico are on the rocks again, but it is not because of a fast-talking American politician who insults the neighbors. (That was Donald Trump, in case you forgot.) The latest confrontation is a looming commercial conflict sparked by Mexican President Andrés Manuel López Obrador, aka AMLO. Last month, Mexico’s … Read more

Elon Musk says Twitter has had a massive drop in revenue

Elon Musk says Twitter has had a massive drop in revenue

Twitter Inc. has suffered “a massive drop in revenue” due to advertisers cutting back on use of the social media platform, new owner Elon Musk said Friday, as the company began sweeping layoffs just over a week after the billionaire took over . Musk, in a tweet Friday, blamed the cut in advertising on “activist … Read more

The AARP-branded Medicare Drug Plan is too expensive for many retirees, critics say

The AARP-branded Medicare Drug Plan is too expensive for many retirees, critics say

The AARP name has become a marketing staple among baby boomers, with the group’s nearly 38 million members receiving offers on AARP-branded health, life and auto insurance and discounts on cell phones, travel, car rentals and even pet insurance. One of its most popular brands is the advanced AARP MedicareRx Preferred plan underwritten by United … Read more

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

Some advertisers are concerned that Mr. Musk may scale back content moderation, which they worry will lead to an increase in objectionable content on the platform. Others are temporarily halting their ads because of the uncertainty in the company as top executives leave and Mr. Musk is considering a number of changes, some of the … Read more

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

General Mills, Audi and Pfizer join the growing list of companies pausing Twitter ads

Some advertisers are concerned that Mr. Musk may scale back content moderation, which they worry will lead to an increase in objectionable content on the platform. Others are temporarily halting their ads because of the uncertainty in the company as top executives leave and Mr. Musk is considering a number of changes, some of the … Read more

“Triple epidemic” in the United States could bring a deluge of patients to hospitals

“Triple epidemic” in the United States could bring a deluge of patients to hospitals

The US could very well face what has been called a “tripledemic” this winter, with cases of COVID-19flu and a virus called respiratory syncytial virus (RSV) rising at the same time. Cases of RSV are rising rapidly in young children, who typically contract the virus by age 3 but were protected from it and other … Read more

J&J Makes $16.6 Billion Bet on Heart Pumps to Boost Medical Device Sales

J&J Makes $16.6 Billion Bet on Heart Pumps to Boost Medical Device Sales

However, the health products company will face challenges in meeting ambitious growth targets for the new business, and ongoing clinical trials are not certain to produce results that will lead to the wider use of Abiomed’s devices that J&J expects, analysts say. J&J’s medical device business, which sells artificial knees and contact lenses, has seen … Read more

Who Is China’s New No. 2? A Business Pragmatist or a Party Loyalist?

Who Is China’s New No. 2? A Business Pragmatist or a Party Loyalist?

Xi Jinping’s new right-hand man, Li Qiang, has shown two sides to his personality over his career. Mr. Li, whom Mr. Xi appointed last month as China’s new No. 2, is known inside the country as a pro-business pragmatist unafraid to push the boundaries of Communist Party rule. Party insiders say he’s also a loyalist … Read more