Federal prosecutors will be allowed to highlight Theranos founder Elizabeth Holmes’ taste for globe-trotting and celebrity in her upcoming fraud trial, a judge ruled, after her attorneys argued that such details could enflame jurors’ “class prejudice.” Holmes’ glamorous lifestyle included traveling by private jet, driving an expensive SUV and staying in pricey hotels while hobnobbing...Read More
Uber Technologies on Monday launched its COVID-19 vaccine rides program in partnership with the White House, offering all Americans an up to $25 discount for each of their trips to and from a vaccination site. Customers who have booked a vaccine appointment can request a ride through the Uber app and either incur no charges if the trip...Read More
Billionaire investor Ray Dalio revealed Monday that he has some skin in the game on bitcoin — and said he’d rather invest in cryptocurrencies than buy bonds. “I have some bitcoin,” said the founder of Bridgewater Associates, the largest hedge fund in the world. He did not say how much he owned. He added in...Read More
Home fitness equipment maker Peloton Interactive said on Monday it would build its first factory in Ohio and start production in 2023. Peloton said it would commit about $400 million to the facility. The New York-based company will break ground in summer 2021 and create about 2,000 jobs, CNBC first reported. Peloton had a product recall earlier this...Read More
Stocks are broadly higher in morning trading on Wall Street Monday as investors regained an appetite for risk after the market notched two straight weeks of losses. The S&P 500 index was up 1.1 percent as of 11:20 a.m. Eastern. The Dow Jones Industrial Average rose 215 points, or 0.6 percent, to 34,423, and the...Read More
Scammers are falsely claiming to sell COVID-19 vaccines online — and the feds are fighting back. The US Attorney’s Office in Maryland seized a website, COVIDReliefSociety.org, that claimed to sell coronavirus vaccines and offer same-day delivery around the world, the office said Thursday. After it was registered in December, the website allegedly used imagery...Read More
Pro-Palestinian activists claim that Facebook is censoring their posts — and are sinking the social network’s app store ratings by leaving one-star reviews en masse. The campaign, first reported by NBC News, comes amid an ongoing ceasefire agreement that Israel and Hamas brokered on Friday. As of Monday morning, Facebook had a 2.4 out of...Read More
Federal lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry. The Securities and Exchange Commission has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank...Read More
The iconic YouTube video “Charlie bit my finger” has sold as a non-fungible token for over $760,000 — becoming the latest piece of internet history to cash in on the NFT craze. It’s unclear who won the auction, which took place on CharlieBitMe.com, but a bidding war between users “3fmusic” and “mememaster” sent the price...Read More
Call them La Kosher Nostra. A clique of rabbis on Long Island are being accused of Mafia-like tactics to maintain what amounts to a monopoly over the local kosher certification process — sparking a twisted turf war that has outraged local residents and businesses alike, The Post has learned. A lawsuit filed last month by...Read More
Giving clients high quality investment advice that delivers superior results. Helping clients make great decisions to make the most of their money. Plan your future with us.
