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Economy

Theranos said yesterday that it reached an agreement with the Centers for Medicare & Medicaid Services and that it will stay out of the blood-testing biz for 2 years in exchange for reduced penalties. The technology debuted in August as part of Theranos' attempt to be what CEO Elizabeth Holmes called a "decentralized" lab, meaning the test could be processed without needing to be shipped back to a brick-and-mortar lab.
  • United Kingdom prime minister to seek snap election for June 8

    United Kingdom prime minister to seek snap election for June 8

    Economy

    Tim Farron , Liberal Democrat leader, said: "This election is your chance to change the direction of our country". Her decision to hold an election while Brexit negotiations have barely gotten started has taken everyone in Westminster and Brussels by surprise - particularly as she has consistently said she would not go to the country before 2020.
  • The 2020 Trump Campaign Is Spending Big At Trump's Businesses

    Economy

    As for the visitor logs, White House communications director Michael Dubke claimed that they are being kept secret due to "the grave national security risks and privacy concerns of the hundreds of thousands of visitors annually". It continued to release the records even though a federal appeals court ruled in 2013 that the logs can be withheld under presidential executive privilege.
  • Chelsea Announces Captain John Terry will leave at end of Season

    Chelsea Announces Captain John Terry will leave at end of Season

    Economy

    Chelsea announced on Monday that skipper and club legend John Terry will end his 22-year association with the capital football club at the end of the season after his contract expires. Barring a brief loan spell at Nottingham Forest, Terry has spent the whole of his career at Stamford Bridge . "The fact he's come out early with this announcement I see him playing for someone else next season".
  • Early signs that Vancouver housing market correction may be over

    Economy

    Across Canada, the aggregate price of a home grew 12.6 per cent year-over-year to $574,575 during the first quarter, Royal LePage said. Data from the Toronto Real Estate Board this month showed prices in Canada's largest city were up 33 per cent in March from a year ago, but Soper thinks government needs to proceed slowly.
  • Alaska Air Group, Inc. (NYSE:ALK) Analyst Coverage

    Alaska Air Group, Inc. (NYSE:ALK) Analyst Coverage

    Economy

    The consensus analysts recommendation at this point stands at 1.90 for Alaska Air Group, Inc. Alaska Air Group, Inc. had its "in-line" rating reiterated by analysts at Imperial Capital. 07/25/2016 - Alaska Air Group, Inc. was upgraded to "outperform" by analysts at Credit Suisse. In related news, VP Brandon Pedersen sold 16,781 shares of the firm's stock in a transaction on Thursday, March 2nd.
  • Soldiers march in Calgary, in honour of Vimy Ridge

    Economy

    Although Queen Elizabeth II wasn't in attendance, she did send out a public message paying tribute to the Canadian troops who "stood far from home together with their allies in defence of peace and freedom". By the end of the First World War, Canada-a country of fewer than eight million people-had more than 650,000 men and women serving in uniform. Canadian Prime Minister Justin Trudeau, right, places a red disk with Alizeas Dinanceau during the Poppy of Peace Ceremony outside the town ...
  • Japan backs tougher United States stance on North Korea

    Japan backs tougher United States stance on North Korea

    Economy

    The North Koreans launched another missile just days after the engine test, but it exploded "within seconds of launch," according to US Pacific Command. Spicer pointed to China's cutback of coal imports from North Korea as evidence of its new resolve to curb the provocative behavior of its neighbor.
  • Doctor files court papers demanding United Airlines 'protects evidence'

    Economy

    Munoz said in a note to employees Tuesday, April 11, 2017 , that he continues to be disturbed by the incident Sunday night in Chicago, where a passenger was forcibly removed from a United Express flight. "Currently, (Dr Dao and his family) are focused only on Dr Dao's medical care and treatment", Chicago-based lawyer Stephen Golan said in a statement on Tuesday.
  • Trump calls Erdogan after referendum win

    Trump calls Erdogan after referendum win

    Economy

    Election board officials have said they were trying to avoid suppressing votes and that the decision was not unprecedented in Turkey's elections. The Turkish strongman, however, did not get the unanimous outcome on Sunday that he had sought - a slim majority of 51.41 percent voted to hand him boosted powers.