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October 22, 2021

Elizabeth

Elizabeth Warren asked the Fed to release its March 2020 ethics warning about trading.

New York Times
Senator Elizabeth Warren, Democrat of Massachusetts, asked Jerome H. Powell, the Federal Reserve chair, on Thursday to release an email the central bank’s ethics office sent in March 2020 suggesting that officials might want to avoid unnecessary trading as they unrolled a sweeping market rescue. The email, the existence of......

Elizabeth Holmes knew machines weren’t working, former Theranos lab director testifies

CNBC
CNBC – For more and to sign up click here Elizabeth Holmes, founder of Theranos Inc., left, arrives at federal court in San Jose, California, U.S., on Wednesday, Sept. 22, 2021. Davie Paul Morris | Bloomberg | Getty Images SAN JOSE, CALIF. — A former lab director at Theranos acknowledged......

Key takeaways from the fourth week of the Elizabeth Holmes trial.

New York Times
SAN JOSE, Calif. — The fourth week of the fraud trial of Theranos founder Elizabeth Holmes lacked star power, but jurors got their most detailed look yet at how medical tests from the failed blood-testing start-up were plagued with inaccuracies. In the trial’s first few weeks, several high-profile witnesses testified......

Elizabeth Holmes wrote personal notes to herself about ‘becoming Steve Jobs’ as Theranos collapse began

CNBC
CNBC – For more and to sign up click here As the media started comparing Elizabeth Holmes to Steve Jobs, the former Theranos CEO wrote a note to herself that contained three telling words. “Becoming steve jobs -” Holmes wrote on April 2, 2015, according to documents obtained by CNBC.......

Elizabeth Holmes’s defense questions ex-Theranos lab director’s credibility

CNBC
CNBC – For more and to sign up click here SAN JOSE, CALIF – In the first dramatic showdown at the Elizabeth Holmes’ trial, defense attorney Lance Wade aggressively questioned the company’s former lab director about his credibility. “Did you offer lab tests that you knew at the time were inaccurate......

With his reappointment on the line, Elizabeth Warren calls Jerome Powell ‘a dangerous man.’

New York Times
Senator Sherrod Brown, a Democrat from Ohio and the head of the Senate Banking Committee, pointed out that there had never been a Black woman on the Federal Reserve’s Board of Governors in Washington, while also referring to reporting from earlier this year that showed a dearth of Black economists......

James Mattis testifies he wasn’t sure why Elizabeth Holmes asked him to join Theranos board

CNBC
CNBC – For more and to sign up click here Former U.S. Secretary of Defense James Mattis on September 03, 2019 in New York City. Steven Ferdman | Getty Images SAN JOSE, CALIF — Former U.S. Defense Secretary General James Mattis testified on Wednesday that as a board member at......

James Mattis, who sat on Theranos board, ‘didn’t know what to believe,’ he says in Elizabeth Holmes trial.

New York Times
SAN JOSE, Calif. — James Mattis, the retired four-star Marine Corps general and former defense secretary, testified on Wednesday at the fraud trial of Elizabeth Holmes, the founder of the blood testing start-up Theranos, that she misinformed him before and during his time on the company’s board of directors. Mr.......

Elizabeth Holmes’ private texts reveal she described herself as the ‘best business person of the year’

CNBC
CNBC – For more and to sign up click here Former Theranos CEO Elizabeth Holmes believed in herself so much that she wrote in a text message to Ramesh “Sunny” Balwani proclaiming that she had “total confidence in myself best business person of the year.” The message to her then-boyfriend......

Former Theranos scientist says Elizabeth Holmes pushed her to validate tests for Walgreens rollout

CNBC
CNBC – For more and to sign up click here Elizabeth Holmes, CEO of Theranos, attends a panel discussion during the Clinton Global Initiative’s annual meeting in New York, September 29, 2015. Brendan McDermid | Reuters SAN JOSE, CALIF. – A former Theranos scientist testified Friday that Elizabeth Holmes pressured......

Theranos whistle-blower concludes her testimony in trial of Elizabeth Holmes.

New York Times
SAN JOSE, Calif. — Erika Cheung, a key whistle-blower in the fraud trial of Elizabeth Holmes, the founder of the failed blood-testing start-up Theranos, wrapped up her testimony on Friday after saying the company had put a priority on speed over accuracy in its blood tests and answering hours of......

Follow the Elizabeth Holmes trial with our reporters in the courtroom.

New York Times
23 hours ago Erin Griffith That’s it for today.🩸💉⚖️ 23 hours ago Erin Griffith So far the theme of the cross-exam of Cheung seems to be using excruciatingly arcane details about the processes and procedures of the Theranos lab to show that its work was very complicated, involving lots of......

Former employee testifies Elizabeth Holmes’ Theranos lost millions while exaggerating projections to investors

CNBC
CNBC – For more and to sign up click here SAN JOSE, Calif. — In public, Elizabeth Holmes was dubbed the next Steve Jobs on the cover of Inc. magazine in 2015, but in private the blood-testing company she founded, Theranos, was hemorrhaging hundreds of millions of dollars. On Tuesday,......

Sen. Elizabeth Warren urges the Fed to break up Wells Fargo

CNBC
CNBC – For more and to sign up click here Senator Elizabeth Warren, a Democrat from Massachusetts, questions Jerome Powell, chairman of the U.S. Federal Reserve nominee for U.S. President Donald Trump, right, during a Senate Banking Committee confirmation hearing in Washington, D.C., U.S., on Tuesday, Nov. 28, 2017. Andrew......

Obama, Queen Elizabeth, U.S. senators remember 9/11

Reuters
U.S. former President Barack Obama, former First Lady Michelle Obama, President Joe Bien, First Lady Jill Biden, former New York City Mayor Michael Bloomberg attend the annual September 11 Commemoration Ceremony at the National 9/11 Memorial and Museum September 11, 2021 in New York City, U.S., September 11, 2021. Chip......

The Trial of Theranos’s Elizabeth Holmes Opens

New York Times
SAN JOSE, Calif. — The defendant, wearing a gray suit, sat quietly at a table surrounded by lawyers, her expression hidden behind a blue medical mask. Occasionally, she looked around. Her boyfriend and family members sat, also masked, in the packed gallery of Courtroom 4. A low roaring undercurrent of......

Elizabeth Holmes is living on the grounds of a $135 million Silicon Valley estate during her trial

CNBC
CNBC – For more and to sign up click here WOODSIDE, CALIF. — On the same day that former Theranos CEO Elizabeth Holmes was granted a delay in her criminal fraud trial due to a pregnancy, her partner was issued a traffic citation. William “Billy” Evans received a citation on......

Theranos founder Elizabeth Holmes will face jury of seven men and five women in fraud trial

CNBC
CNBC – For more and to sign up click here Elizabeth Holmes, the founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in her fraud trial, outside Federal Court in San Jose, California on August 31, 2021. Nick Otto......

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