Star witness who visited Elizabeth Holmes after fraud trial says ‘she needs to pay her debt to society’

Former Theranos CEO Elizabeth Holmes (L) arrives at federal court with her partner Billy Evans on October 17, 2022 in San Jose, California. Justin Sullivan | Getty Images SAN JOSE, Calif. — A star witness in the trial of former Theranos CEO Elizabeth Holmes doubled down on his testimony on Monday, two months after he…

Sunflowers, war and drought: Why the price of margarine and butter spiked 32%

Jeff Greenberg | Universal Images Group | Getty Images Cue the collective gasp of chefs, bakers and foodies: Food prices are up considerably — but none more so than for butter and margarine. Prices for these ingredients and spreads jumped 32% in September versus a year ago, the most among all grocery categories, according to…

Goldman CEO David Solomon’s latest remix breaks up the bank’s struggling consumer finance business

In this article GS Follow your favorite stocksCREATE FREE ACCOUNT Goldman Sachs’ Chairman and CEO David Solomon attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, January 21, 2020. Denis Balibouse | Reuters Goldman Sachs CEO David Solomon is planning his third major corporate reorganization since assuming control of…

American Airlines pilot union moves toward seeking federal mediation as contract talks drag on

In this article AAL Follow your favorite stocksCREATE FREE ACCOUNT American Airlines jet parked at LaGuardia International Airport in New York.  Adam Jeffery | CNBC American Airlines‘ pilot union is taking steps toward seeking federal mediation in contract negotiations as talks with the country’s largest carrier drag on, according to a note from the labor…

Asia-Pacific’s travel industry could be the first to recover by 2023

A new report indicates the travel industry in Asia-Pacific may be the only one in the world to recover by 2023. This year’s “Travel & Tourism Economic Impact” report — an annual publication by the London-based World Travel & Tourism Council — shows that, compared with pre-pandemic levels, tourism revenue in 2020 dropped more in…

IRS sends letters to over 9 million who could miss out on valuable 2021 tax credits. Here’s how to claim that money

Anita_bonita | Istock | Getty Images More than 9 million individuals and families could be leaving money on the table by not filing a 2021 federal tax return, according to the IRS. Last week, the federal tax agency began sending letters to those people it had identified who could be missing out on payments through…

Here’s what to know if you applied for student loan forgiveness during the application beta period

Wpadington | Istock | Getty Images President Joe Biden on Monday announced the official launch of the student loan forgiveness application. The news comes just days after the U.S. Department of Education made available on Friday evening an early version of its student loan forgiveness application. During the application’s short so-called beta period, Americans with…

Stocks making the biggest moves midday: Roblox, Continental Resources, Fox Corp and more

In this article SBNY BK BAC ZS OKTA PDD MELI GS CS CSG.N-CH CONX DISH NOVA SPWR NET KR SPLK BP BP.-GB LFG NFLX NWSA CLR FOXA AAPL RBLX Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox…

News Corp. stock up, Fox shares down as investors weigh possible merger

In this article FOXA NWSA Follow your favorite stocksCREATE FREE ACCOUNT A person walks past Fox News Headquarters at the News Corporation building on May 03, 2022 in New York City. Alexi Rosenfeld | Getty Images Shares of News Corp. rose while Fox shares fell Monday as investors weighed the possibility of Rupert Murdoch’s media…

Strategies to navigate the $68 trillion ‘great wealth transfer,’ according to top-ranked advisors

Between Bill Gates’ pledge to give “virtually all” of his wealth away and Patagonia founder Yvon Chouinard’s recent decision to donate his entire company to fight climate change, it’s clear views of inherited wealth have changed. Those high-profile pledges are happening as part of the greatest generational wealth transfer in history, with baby boomers set to pass to…

Student loan forgiveness application officially launches, putting relief in sight for 40 million Americans

Student loan borrowers gather near The White House to tell President Biden to cancel student debt on May 12, 2020 in Washington, DC. Paul Morigi | Getty Images The U.S. Department of Education has launched its official application for student loan forgiveness, meaning tens of millions of Americans can now request the financial relief. The…