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End of a chapter at Theranos: What's next for former top two executives

End of a chapter at Theranos: What’s next for former top two executives

Their back-to-back trials spanned nearly a year and mark the final chapter of a startup that rose to prominence, and a $9 billion valuation, with a promise to revolutionize blood testing only to become a cautionary tale for tech founders and companies. Now, the anticipation turns to their sentencing hearings, which are slated to take …

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Crypto brokerage Voyager Digital files for Chapter 11 bankruptcy protection

Crypto brokerage Voyager Digital files for Chapter 11 bankruptcy protection

Voyager said it has roughly $1.3 billion of crypto on its platform and holds over $350 million in cash on behalf of customers at New York’s Metropolitan Commercial Bank. Justin Sullivan | Getty Images Beleaguered crypto brokerage Voyager Digital has filed for Chapter 11 bankruptcy protection, becoming the latest casualty of chaos in digital asset …

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Theranos trial: legal saga reaches final chapter as Sunny Balwani faces verdict

Sunny Balwani, the former Theranos executive and romantic partner of Elizabeth Holmes, could face a verdict this week on charges he defrauded company investors and patients, bringing the final chapter of the Theranos legal saga to a close. Lawyers in the case began final arguments in the trial on Tuesday in a courtroom in San …

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Revlon Has Filed For Chapter 11 Bankruptcy Protection

Revlon Has Filed For Chapter 11 Bankruptcy Protection

This is bound to be a very sad day for anyone who grew up in a house where department store makeup was an expensive luxury reserved only for your distant well-off aunt. Because the Chanel of drugstore makeups, Revlon, just announced that they’re filing for Chapter 11 bankruptcy protection. That’s right, after 90 years, Revlon …

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Cosmetics maker Revlon nears chapter 11 filing

Cosmetics maker Revlon nears chapter 11 filing

Check out what’s clicking on FoxBusiness.com. Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and supply-chain pressures, people familiar with the matter said. The cosmetics maker, owned by billionaire Ron …

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