Business

Jury to begin deliberations in Theranos founder Elizabeth Holmes’ trial

Monday, December 20 by ABC News

(SAN JOSE, Calif.) -- A jury of eight men and four women will begin to deliberate on Monday in the criminal fraud case against fallen Silicon Valley CEO Elizabeth Holmes.The jurors will be tasked with weighing the 11 fraud charges leveled against Holmes following... Read More.

Striking Kellogg’s workers to vote on tentative deal as lawmakers double down support for unions

Friday, December 17 by ABC News

(NEW YORK) -- The Kellogg Co. said it's reached a tentative agreement that could end the ongoing strike of some 1,400 workers, as lawmakers and even President Joe Biden have weighed in to support members of the Bakery, Confectionary, Tobacco Workers and Grain Millers... Read More.

Lawyers give closing arguments in Elizabeth Holmes trial, say she chose ‘fraud over business failure’

Friday, December 17 by ABC News

(SAN JOSE, Calif.) -- Federal prosecutors went toe-to-toe with defense attorneys for Theranos founder Elizabeth Holmes as both sides delivered hours-long closing arguments in her criminal fraud trial.Prosecutors concluded their roughly three-hour-long closing statements on Thursday, and defense attorneys were over two hours into... Read More.

Lawmakers propose bipartisan committee on supply chain issues

Thursday, December 16 by ABC News

(WASHINGTON) -- Not far from the San Pedro Bay Port Complex in Orange County, which sees 40% of the nation's imports, Rep. Young Kim, R-Calif., has been witnessing supply chain issues in her district due in part due to bottlenecks in the ports of... Read More.

Fed to more rapidly end pandemic-era policies amid inflation, sees 3 rate hikes in 2022

Wednesday, December 15 by ABC News

(WASHINGTON) -- Federal Reserve officials announced Wednesday that they intend to more rapidly end pandemic-era monetary policies meant to support the economy as surging inflation casts a new shadow over the recovery.The U.S. central bank announced it would accelerate the tapering of its bond-buying... Read More.

Hard Rock buys iconic Mirage hotel in Las Vegas for over $1 billion

Wednesday, December 15 by ABC News

(LAS VEGAS) -- Hospitality company Hard Rock International has bought The Mirage Hotel and Casino in Las Vegas from MGM Resorts International for approximately $1.08 billion, the company announced on Monday.According to a statement, MGM expects to receive approximately $815 million in net cash... Read More.

Kroger ends COVID sick pay benefits for unvaccinated employees

Wednesday, December 15 by ABC News

(NEW YORK) -- Kroger, one of the largest employers in the U.S. with 500,000 workers, announced that it will pull paid emergency COVID leave for unvaccinated employees.The grocery chain is also adding a $50 monthly insurance surcharge for salaried associates who are unvaccinated.The new... Read More.

Apple could become 1st US company worth $3 trillion

Tuesday, December 14 by ABC News

(NEW YORK) -- Apple's stock on Tuesday morning was hovering just below the threshold required to reach a market capitalization of $3 trillion, a milestone no publicly traded U.S. company has ever reached.Shares for the iPhone maker hit an all-time high Monday during intraday... Read More.

OSHA investigating after six killed by tornado at Amazon facility

Tuesday, December 14 by ABC News

(EDWARDSVILLE, Ill.) -- The Occupational Health and Safety Administration has launched an investigation into the collapse of an Amazon delivery station in Edwardsville, Illinois, that left six people dead after a tornado pummeled the facility during the height of the busy holiday shopping season.OSHA... Read More.

Jan. 6 rally organizers sue Verizon to stop release of cell phone records

Tuesday, December 14 by ABC News

(WASHINGTON) -- Several organizers of the Jan. 6 rally near the White House filed a lawsuit Monday against Verizon to prevent the telecommunications giant from sharing cell phone data with the congressional committee investigating the deadly riot at the U.S. Capitol.The plaintiffs in the... Read More.

Twitter’s new privacy policy was abused in predictable ways, experts say

Tuesday, December 14 by ABC News

(NEW YORK) -- In late November, Twitter rolled out a new privacy policy it said was aimed at preventing the misuse of media to harass, intimidate or reveal the identities of individuals -- but, within days, accusations circulated that some users were abusing the... Read More.

Huge Ma, Asian American activist and TurboVax founder, is running for state Assembly

Monday, December 13 by ABC News

(NEW YORK) -- An Asian American software engineer who was lauded for creating a free website to help people find COVID-19 vaccine appointments, and using the platform to raise awareness about the uptick in anti-Asian racism amid the pandemic, has announced he will now... Read More.

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Jury to begin deliberations in Theranos founder Elizabeth Holmes’ trial

Striking Kellogg’s workers to vote on tentative deal as lawmakers double down support for unions

Lawyers give closing arguments in Elizabeth Holmes trial, say she chose ‘fraud over business failure’

Lawmakers propose bipartisan committee on supply chain issues

Fed to more rapidly end pandemic-era policies amid inflation, sees 3 rate hikes in 2022

Hard Rock buys iconic Mirage hotel in Las Vegas for over $1 billion

Kroger ends COVID sick pay benefits for unvaccinated employees

Apple could become 1st US company worth $3 trillion

OSHA investigating after six killed by tornado at Amazon facility

Jan. 6 rally organizers sue Verizon to stop release of cell phone records

Twitter’s new privacy policy was abused in predictable ways, experts say

Huge Ma, Asian American activist and TurboVax founder, is running for state Assembly

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