Elizabeth Holmes, founder of blood-testing company Theranos, indicted on wire fraud, federal authorities announce

Elizabeth Holmes, founder of blood-testing company Theranos, indicted on wire fraud, federal authorities announce

Elizabeth Holmes, founder of blood-testing company Theranos, indicted on wire fraud, federal authorities announce  Washington Post Theranos founder Elizabeth Holmes and former president Balwani charged with federal fraud  USA TODAY Theranos founder Holmes, former president indicted for fraud  Reuters Theranos founder Elizabeth Holmes and former president Balwani charged by feds with wire fraud  CNBC Full coverage Source link

Melons Are Being Recalled Over Salmonella Fears in More Than 20 States

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Here's the List of Businesses Destroyed by Tornado in Luzerne County

Here's the List of Businesses Destroyed by Tornado in Luzerne County

Here’s the List of Businesses Destroyed by Tornado in Luzerne County  wnep.com Disaster emergency declared in Wilkes-Barre Township following tornado  PennLive.com In case you missed it: EF2 tornado rips through Pennsylvania town; 2 Florida men survive lightning strike  AccuWeather.com Striking in the dark of night, the Wilkes-Barre tornado was a freak  Washington Post Full coverage Source link

Walgreens to open new office in old Chicago Post Office

Walgreens to open new office in old Chicago Post Office

Deerfield-based Walgreens Boots Alliance will open a new 200,000-square-foot corporate facility in the former Chicago Post Office building. The company reported Friday it anticipates 1,800 people will work at the new facility at 433 W. Van Buren St., with about 1,300 of those jobs being relocated from other facilities. Officials for the national drugstore chain […]

Kellogg Issues Recall of Honey Smacks Cereal Amid Salmonella Outbreak

Kellogg Issues Recall of Honey Smacks Cereal Amid Salmonella Outbreak

Fans of Honey Smacks aren’t going to be happy about this one. Shares of Kellogg Co. (K)  fell slightly to 66.56 on Friday, June 15, after the company voluntarily recalled about 1.1 million cases of the sweetened puffed cereal in the wake of a multi-state Salmonella outbreak. The U.S. Food and Drug Administration and the Centers for Disease Control […]

Consumer sentiment climbs as rising wages offset inflation upturn

Consumer sentiment climbs as rising wages offset inflation upturn

The numbers: University of Michigan consumer sentiment index rose to a 99.3 reading in June, a slight improvement as consumers noted wage gains while also noticing an increase in inflation. Economists polled by MarketWatch expected a 98.5 reading. What happened: There was a big gain in the assessment of current conditions, as that index rose […]

Canada Goose Earnings Surprise As $1000 Parkas Are Hot In Spring

Canada Goose Earnings Surprise As $1000 Parkas Are Hot In Spring

Canada Goose (GOOS), a maker of $1,000 luxury parkas and winter wear, reported a surprise fiscal fourth-quarter profit as revenue crushed expectations. X Estimates: Per-shares losses to narrow to 8 cents from 12 cents a year ago. Revenue to surge 56% to $61 million, according to analysts polled by Zacks Investment Research. Results: Canada Goose earned 7 […]