SAN JOSE, Calif. — As Elizabeth Holmes prepares to report to jail next week, the criminal case that uncovered the blood test scam at the heart of her startup Theranos is entering its final stages. The 11-year sentence represents rewards for the wide-eyed woman who broke through ‘tech bro’ culture to become one of Silicon … Read more
The Interior Department’s Bureau of Land Management said this week that it has advanced two transmission projects proposed by utility NV Energy that would facilitate the development and delivery of renewable energy in Nevada. The agency will initiate an environmental review of the Greenlink North project, which will span more than 450 miles to connect … Read more
A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put further pressure on other automakers’ EV strategies. Ford CEO Jim Farley and Tesla CEO Elon Musk announced the deal Thursday during a live audio chat on Twitter Spaces. RBC Capital analyst Tom Narayan said the Ford-Tesla deal could … Read more
Federally funded scientists have proposed a definition of long Covid based on symptoms identified in a large study published in the Journal of the American Medical Association. The definition is based on 12 symptoms that most separate people with a long history of Covid from people who haven’t had the coronavirus. There is still no … Read more
Virgin Galactic is set to launch its first spaceflight in nearly two years on Thursday. Called Unity 25, the mission represents the company’s fifth spaceflight to date and is the first since founder Sir Richard Branson’s launch to the far reaches of space. This is a crucial moment in the history of Virgin Galactic, which … Read more
“Today’s fossil fuel capital expenditures are now more than double the levels required in the net-zero emissions scenario by 2050,” the International Energy Agency said. Over the past few years, high-profile figures have made their sentiments known about fossil fuels. In June 2022, the UN Secretary General criticized new funding for fossil fuel exploration. Wind … Read more
CARSON CITY, Nev. (AP) — Republican Nevada Gov. Joe Lombardo on Wednesday announced a tentative agreement with the Oakland Athletics and legislative leaders for a stadium funding plan after weeks of negotiations over the state’s contribution. state at a $1.5 billion baseball stadium in Las Vegas, according to a joint statement. The tentative agreement says … Read more
new York CNN — Shares of Abercrombie & Fitch (ANF) soared more than 30% on Wednesday after the mall retailer released a strong first-quarter earnings report. Abercrombie beat analyst estimates, announced a surprise profit and raised its outlook for the full year. The numbers show that despite mounting economic uncertainty, the American consumer is willing … Read more
People walk near the entrance to a Kohl’s department store on June 7, 2022 in Doral, Florida. Joe Raedle | Getty Images Shares of Kohl soared early Wednesday as the struggling retailer posted a surprise profit as it pursued a turnaround. Shares jumped more than 12% in premarket trading. The retailer reiterated its outlook for … Read more
WASHINGTON (AP) — The Biden administration has canceled plans to award a $200 million grant to a U.S. battery maker amid criticism from Republican lawmakers over the company’s alleged ties to China. Texas-based Microvast was one of 20 companies to win preliminary grants totaling $2.8 billion to boost domestic battery manufacturing for electric vehicles. The … Read more
