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Articles Posted by CorporateStepsister

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  • Most millennials are hoping to retire early, but only a fraction are doing what it takes

    06/09/2017 12:07:40 PM PDT · by CorporateStepsister · 50 replies
    MSN Money ^ | June 9 2017 | Tanza Loudenback
    According to a poll from our partner, MSN, 67% of American millennials (aged 18 to 29) want to quit the working world at or before age 65. The current full retirement age, meaning the age at which Social Security benefits fully kick in, is 67 for those born in 1960 or later. MSN polls its readers, and then uses machine learning to model how a representative sample of the US would have responded, using big data, such as the Census. It's nearly as accurate as a traditional, scientific survey.
  • Trump To Sign Law That Increases Drug Tests for Unemployed Seeking Benefits

    03/18/2017 12:45:01 AM PDT · by CorporateStepsister · 102 replies
    Conservative Tribune ^ | March 18 2017 | Conservative Tribune
    Welfare reform has been a high priority for Republicans and conservatives for many years, and now that President Donald Trump is in the White House, the possibility of such reform is finally feasible. In what was quite possibly the opening salvo on welfare leeches, Trump was ready to sign a bill passed by Congress that would allow states to perform drug tests on those applying for unemployment benefits, WITI reported. Under President Barack Obama, states weren’t allowed to test applicants for drugs unless they were applying for a job that already had mandatory drug testing. However, there’s a new sheriff...
  • Ernst and Young drops degree classification threshold for graduate recruitment

    02/20/2017 6:48:22 PM PST · by CorporateStepsister · 41 replies
    World University Rankings ^ | August 3, 2015 | By Chris Havergal
    One of the UK’s biggest graduate recruiters is to remove degree classification from the entry criteria for its hiring programmes, having found “no evidence” that success at university was correlated with achievement in professional qualifications. Accountancy firm Ernst and Young, known as EY, will no longer require students to have a 2:1 degree and the equivalent of three B grades at A level to be considered for its graduate programmes.
  • Kuwait Hangs 7 Prisoners, Including Royal, in Mass Execution

    01/25/2017 10:51:10 AM PST · by CorporateStepsister · 7 replies
    ABC News ^ | Jan 25, 2017, 7:53 AM ET | By hussain al-qatari
    Kuwait hanged seven prisoners in a mass execution on Wednesday, including a royal family member and a woman convicted of killing 58 women and children when she set fire to a wedding tent — the first death sentences carried out in several years in the oil-rich emirate. Those executed included a Bangladeshi, a Filipina, an Ethiopian, two Kuwaitis and two Egyptians, according to a statement carried on the state-run KUNA news agency. KUNA said that all had been convicted of murder except the Bangladeshi man, who was convicted of rape, kidnapping and theft. Kuwait's ruler, Sheikh Sabah Al Ahmad Al...
  • Married man is sentenced to life in prison for murdering soccer mom who led double life as an ESCORT

    12/28/2016 6:19:28 PM PST · by CorporateStepsister · 7 replies
    Dailymail.com and Associated Press ^ | 27 December 2016 | By Valerie Edwards
    A married man was convicted Tuesday of murder and kidnapping in the 2007 death of a single mother from Colorado who led a double life as a paid escort. A judge sentenced 65-year-old Lester Ralph Jones to life in prison without parole after the jury delivered its verdict, according to the Grand Junction Daily Sentinel. It was Jones' second trial in the killing of Paige Birgfeld. The first ended in a mistrial in September when jurors couldn't reach a unanimous verdict.
  • Allied troops and ISIS battle for collapsing Mosul Dam

    12/27/2016 6:29:47 PM PST · by CorporateStepsister · 45 replies
    DailyMail ^ | 27 December 2016 | By Gareth Davies For Mailonline
    Allied troops and ISIS are set to battle for a collapsing dam that would spew nearly 600 times the water of the River Thames onto Mosul if it breaches. Engineers from an Italian company have been tasked with fixing the Mosul Dam's foundations to stop more than 11 trillion litres of water (11.11billion cubic metres) from flooding Mosul. Experts are warning their work could be in vain, and should the catastrophe happen, it is estimated 1.5million people could be killed by the floods in an impact described as 'worse than a nuclear bomb'. Waves of up to 45ft would be...
  • Should Children Have To Pay For College, Even If Their Parent Can Afford It?

    12/18/2016 11:27:48 AM PST · by CorporateStepsister · 74 replies
    Forbes ^ | Jun 29, 2016 @ 06:30 AM | Erin Lowry, Contributor
    We sat down across the table from each other and I saw the two pieces of paper: my college bills created by my father. Dad slid the first one across the table, calmly stating this would be the amount I’d owe if I went to College A. Then he slid the second paper across explaining and this is what I’d need to pay for College B. The first bill said $80,000. The second said $0. Sounds like a no-brainer – but keep in mind I was a 17-year-old who fantasized about a very specific type of college experience. I immediately...
  • Baby girl breaks out into a fit of hysterics every time her father utters the words '4p'

    12/11/2016 12:54:45 PM PST · by CorporateStepsister · 11 replies
    Mailonline ^ | 27 November 2016 | By Paddy Dinham For Mailonline
    A baby's infectious laugh - and the unusual phrase that triggers it - have been shared online by her mother and father. The British parents, whose location is not made clear, are sat on their living room for with the child. She has her hand in her mouth and slightly worried expression on her face. Until her mother utters the words '4p', that is.
  • Walgreen's $140 Million Lawsuit Shows Theranos Is Way Worse Than We Thought

    11/23/2016 11:10:50 PM PST · by CorporateStepsister · 15 replies
    Thrill List ^ | 11/23/2016, 2:58 PM | By Christina Stiehl
    <p>Theranos, the biotech company started by a 19-year-old Stanford dropout, has another hurdle to cross in its whole "we're totally a legit blood-testing company" campaign. This time, it turns out that tens of thousands of blood tests were voided, making them totally invalid. Whoops!</p>
  • Theranos's Insane Campaign To Punish Whistleblower, Who Happened To Be Famous Boardmember's Grandson

    11/21/2016 7:48:00 PM PST · by CorporateStepsister · 40 replies
    TechDirt ^ | Mon, Nov 21st 2016 5:13pm | by Mike Masnick
    We haven't really written much about the insane Theranos scandal, though we discussed it on our podcast. The whole story is pretty crazy -- involving a heavily hyped up company that appeared to basically be flat out lying to everyone about what it could do. The company still exists, but barely. The company's founder and CEO, who was plastered across magazine covers and compared frequently to Steve Jobs, has been banned from running a lab for two years, and the company is now facing a $140 million lawsuit from its biggest partner, Walgreens, who claims that Theranos repeatedly lied to...
  • Famed attorney David Boies severs legal ties with Theranos

    11/20/2016 3:37:10 PM PST · by CorporateStepsister · 39 replies
    The Wall Street Journal ^ | Nov 20, 2016 4:23 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Boies, 75, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Read: ‘Fraud is not a trade secret’: How a 27-year-old blew the whistle...
  • Theranos and David Boies Cut Legal Ties

    11/19/2016 12:07:29 AM PST · by CorporateStepsister · 13 replies
    The Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Theranos and David Boies Cut Legal Ties

    11/18/2016 11:53:04 PM PST · by CorporateStepsister · 7 replies
    Wall Street Journal ^ | Nov. 18, 2016 7:12 p.m. ET | By John Carreyrou
    Litigator David Boies and the law firm he founded, Boies, Schiller & Flexner LLP, have stopped doing legal work for Theranos Inc. after disagreeing about the strategy for handling ongoing government investigations of the blood-testing company, according to people familiar with the matter. Mr. Boies, 75 years old, has been one of the country’s best-known litigators since the late 1990s. He became Theranos’s outside counsel after being approached in 2011 by two investors in the Palo Alto, Calif., startup. He fiercely defended Theranos against questions about its technology and operations. Those efforts included threatening to take legal action against The...
  • Why is Elizabeth Holmes still leading Theranos?

    11/18/2016 11:38:20 PM PST · by CorporateStepsister · 25 replies
    San Francisco Business Times ^ | Nov 18, 2016, 1:40pm PST | Ron Leuty Reporter San Francisco Business Times
    It's worth asking why Elizabeth Holmes is still leading the embattled blood testing company Theranos Inc. But there may be a good reason why she still is in charge, one that has little to do with the scandal-ridden company's performance to date. Forget what venture capitalist Tim Draper — one of the first to invest in the Palo Alto company — implied this week that Holmes is being attacked because she's a young, female entrepreneur. The simple fact is that Theranos has not been able to deliver on its technology from a commercial, scientific or regulatory standpoint, and that falls...
  • Theranos Whistleblower Tells All On Intimidation And Coercion Tactics Employed To Silence Him

    11/18/2016 12:05:55 AM PST · by CorporateStepsister · 26 replies
    Zero Hedge ^ | Nov 17, 2016 7:20 PM | by Tyler Durden
    2016 has not been too kind to Elizabeth Holmes, the Steve-Jobs wannabe in charge of fraudulent Theranos. She has thus far been banned for 2 years from operating labs, removed from hosting fundraisers for Hillary and lost her entire net worth. And now, the Wall Street Journal has published the "tell-all" story of the whistle-blower, 26 year old Tyler Shultz, who brought the the whole Theranos farce crashing down. It's a sordid tale complete with all the expected twists and turns of a Jason Bourne thriller including intimidation, coercion and private detectives. Tyler Shultz is the grandson of George Shultz,...
  • Theranos Whistleblower Shook the Company—And His Family

    11/16/2016 6:06:29 PM PST · by CorporateStepsister · 18 replies
    Wall Street Journal ^ | November 16 2016 | By John Carreyrou
    After working at Theranos Inc. for eight months, Tyler Shultz decided he had seen enough. On April 11, 2014, he emailed company founder Elizabeth Holmes to complain that Theranos had doctored research and ignored failed quality-control checks. The reply was withering. Ms. Holmes forwarded the email to Theranos President Sunny Balwani, who belittled Mr. Shultz’s grasp of basic mathematics and his knowledge of laboratory science, and then took a swipe at his relationship with George Shultz, the former secretary of state and a Theranos director. “The only reason I have taken so much time away from work to address this...
  • Theranos CEO Elizabeth Holmes is a victim, venture capitalist Tim Draper says

    11/16/2016 1:02:01 AM PST · by CorporateStepsister · 6 replies
    CNBC ^ | November 15 2016 | Michelle Fox | @MFoxCNBC
    Embattled Theranos CEO Elizabeth Holmes is a victim who has been "totally attacked," venture capitalist Tim Draper told CNBC on Tuesday. Holmes has been under fire since a series of reports by The Wall Street Journal suggested the blood-testing start-up's testing devices were flawed. "Elizabeth Holmes is a great example of maybe why the women are so frustrated. She is a woman entrepreneur who built a fabulous company, did great things for consumers and she got attacked," the founding partner of Draper Associates and Draper Fisher Jurvetson said in an interview with "Closing Bell." "This is a great entrepreneur who...
  • Walgreens Claims Theranos Voided 11.3% of Test Reports

    11/16/2016 12:57:38 AM PST · by CorporateStepsister · 10 replies
    Wall Street Journal ^ | Nov. 15, 2016 10:25 p.m. ET | By Christopher Weaver
    Theranos Inc. allegedly voided 11.3% of all blood-test reports that the Silicon Valley laboratory firm provided to customers of Walgreens stores through a yearslong partnership between the two companies, according to legal papers the drugstore chain filed Tuesday. Theranos, whose main lab failed an inspection by U.S. regulators earlier this year, told Walgreens in June that it subsequently voided 31,000 test reports provided to the chain’s customers, Walgreens said in the public version of a sealed lawsuit.
  • Donald Trump Requests Security Clearance for Son-in-Law Jared Kushner

    11/16/2016 12:53:49 AM PST · by CorporateStepsister · 102 replies
    NBC News ^ | Nov 15 2016, 8:58 pm ET | by Andrea Mitchell, Alexandra Jaffe and Kelly O'Donnell
    Donald Trump has taken the unprecedented step of requesting his son-in-law, Jared Kushner, receive top-secret clearance to join him for his Presidential Daily Briefings, which began Tuesday. Multiple sources tell NBC News Trump received his first briefing on Tuesday and designated both Kushner and Ret. Gen. Michael Flynn as his staff-level companions for the briefings going forward. While Flynn has the necessary security clearance, Kushner does not, and it could take weeks — or even longer — for him to receive it.
  • Walgreens Turns on Theranos in $140M Suit for Breach of Contract

    11/12/2016 2:19:03 AM PST · by CorporateStepsister · 8 replies
    Inside Counsel ^ | November 11, 2016 | By Ben Hancock
    SAN FRANCISCO – Walgreens has filed a $140 million breach of contract suit against Theranos Inc., compounding the woes of the Silicon Valley-based medical device startup. The suit was filed under seal in Delaware federal court on Tuesday. It's not clear what exactly the Illinois-headquartered pharmacy chain is alleging, but the docket describes the case as a breach of contract suit with a demand of $140 million.