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,…
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Drew Angerer | Getty Images News | Getty Images House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of…
An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Amazon has been pouring money into its delivery market, and it should…
Russian President Vladimir Putin delivers a speech during the opening ceremony of the International Military-Technical Forum “Army-2021” held in the Patriot Park, in Kubinka outside Moscow on August 23, 2021. RAMIL SITDIKOV | AFP | Getty Images Russian President Vladimir…
Celebrity investor Kevin O’Leary says he wants to at least double his cryptocurrency holdings by the end of 2021, and predicts that “trillions of dollars” could pour into the market if crypto becomes a new asset class. The “Shark Tank” investor…
Firefighter paramedic Cuevas (R) administers a Covid-19 vaccination dose to a person at a vaccination event at Culver City Fire Department Station 1 on August 05, 2021 in Culver City, California. Mario Tama | Getty Images News | Getty Images…
David Gray | Bloomberg | Getty Images South Korea’s competition regulator on Tuesday announced it will fine Google 207.4 billion Korean won ($176.9 million) for allegedly using its dominant market position in the mobile operating system space to stifle competition….
Peter Cade | Stone | Getty Images The solar industry is among many sectors feeling the pinch of higher prices, according to a report released Tuesday by the Solar Energy Industries Association and Wood Mackenzie. Prices rose quarter over quarter…
The ongoing Covid-19 pandemic has pushed an additional 31 million people worldwide into dire poverty, reversing global progress on eliminating poverty by four years, according to the Bill and Melinda Gates Foundation’s fifth-annual Goalkeeper report published Monday. The report —…