New top job at McDonald’s that’s all about understanding the customer 

A customer receives an order from the car window at a McDonald’s Corp. In London, Ontario, Canada, Wednesday, Jan. 8, 2020 while testing a “PLT”-vegetable, lettuce and tomato sandwich featuring Beyond Pea Patties. Bloomberg | Bloomberg | Getty Images Combined with supply chain issues, the increasing cost of raw materials and other lingering business challenges … Read more

Jury holds CVS, Walgreens and Walmart responsible for role in opioid crisis

This illustration shows tablets of the prescription opioid pain reliever Oxycodon taken September 18, 2019 in Washington, DC. Eric Bardat | AFP | Getty Images In a ruling that could set the tone for US city and county governments wanting to hold pharmacies accountable for their roles in the opioid crisis, three retail pharmacy chains … Read more

Best Buy CEO says rising theft is hitting profits, could hurt employee retention

High rates of theft are hurting company profits and could hurt employee retention at a time when the job market is tight, particularly in the retail industry, Best Buy CEO Corey Barry said Tuesday. She said the retailer has seen a marked jump in organized crime, with people coming into stores to steal consumer electronics … Read more

Government rests case in trial of Theranos founder Elizabeth Holmes

Elizabeth Holmes, founder and former CEO of blood testing and life sciences company Theranos, arrives for the first day of jury selection in the fraud trial, outside federal court in San Jose, California on August 31, 2021. Nick Otto | AFP | Getty Images San Jose, Khalif. Prosecutors on Friday suspended their case against Elizabeth … Read more

Theranos patient says blood test came back with false positive for HIV

Elizabeth Holmes, Theranos Inc. , left, arrives in federal court in San Jose, California, US, on Wednesday, September 22, 2021. Davy Paul Morris | Bloomberg | Getty Images San Jose, Khalif. Erin Tompkins, whose blood was drawn from a Theranos machine at Walgreens in Arizona, said the test misdiagnosed her as containing an anti-HIV antibody, … Read more

Brian Grossman says Holmes lied about Theranos finger-prick tech

Elizabeth Holmes, founder of Theranos Inc. , from Federal Court in San Jose, California, on Tuesday, August 31, 2021. David Paul Morris | Bloomberg | Getty Images San Jose, Khalif. The manager of the hedge fund that invested $96 million in Theranos said he investigated the company thoroughly, but CEO Elizabeth Holmes continues to mislead … Read more

Elizabeth Holmes said she was decision maker at Theranos in 2017 deposition

If Elizabeth Holmes testified at her own criminal trial, the videotaped statements could be evidence of how she acted on the podium. Twelve days after she was indicted on fraud charges, Holmes, CEO and founder of Theranos, sat for about four hours answering no questions. But in the affidavits, which were part of a lawsuit … Read more

CVS Health (CVS) earnings Q3 2021

A customer walks toward the entrance to a CVS Health Corp. store. In downtown Los Angeles, California, US, on Friday, October 27, 2017. Christopher Lee | Bloomberg | Getty Images CVS Health on Wednesday beat expectations for fiscal third-quarter earnings as the company got a boost from filling more prescriptions and administering more Covid-19 vaccines. … Read more

Third juror dismissed in trial of Theranos founder Elizabeth Holmes

Elizabeth Holmes, Theranos Inc. , left, arrives in federal court in San Jose, California, on Tuesday, October 12, 2021. David Paul Morris | Bloomberg | Getty Images San Jose, Khalif. A third juror in the criminal trial, Elizabeth Holmes, was dismissed on Friday for what the judge described as “good cause.” That leaves only two … Read more

Ex-Theranos employee Edlin says Holmes told him to conceal part of lab

San Jose, Khalif. Daniel Edelin, a former project manager at Theranos who was a friend of Elizabeth Holmes’ brother, testified Friday that Holmes told him to hide parts of the company’s lab in front of potential investors and other important visitors. Edelyn, who worked at Theranos from September 2011 to December 2016, attended Duke University, … Read more