Elizabeth Holmes intended to use Theranos “as a tool to better her personal situation,” prosecutors wrote in a motion with the court Friday night.
International media group Capital Business Media has relocated its UK content marketing and SEO division to Ireland in response to the UK’s exit from the EU on January 1st.
The group, owners of the Business Matters magazine and this website, which also has offices in London and New York, will now deal with all client content marketing and SEO needs through a new Irish company, Inscriptio.
The decision to relocate the division to Ireland was made to ensure that there are no compliance and GDPR issues in line with the UK now not being covered by EU Data Protection and GDPR laws.
As part of the new trade deal, the EU did agree to delay data transfer restrictions for at least another four months. This enables personal data to flow freely from the European Economic Area (EEA) to the UK.
However, at the end of this four-month window, … Read the rest
Equities in Canada’s largest centre were practically unchanged at the start of trading on Friday, weighed by materials sector as gold prices took a hit and more job cuts for the first time since April due to curbs placed to stem a second wave of COVID-19 cases.
The TSX nicked up 2.29 points to open Friday at 18,029.86.
The Canadian dollar faded 0.09 cents to 78.75 cents U.S.
RBC raised the target price on Linamar to $70.00 from $60.00.
Canaccord Genuity raised the target price on Lundin Mining to $13 from $10.50.
Among the exceptions on this flat day was Cascades Inc., which jumped $1.16, or 7.9%, to $15.93, after RBC raised its price target to $18 from $17, and Boralex, which rose $1.72, or 3.3%, to $54.12.
Silvercorp Metals fell 63 cents, or 7.4%, the most on the TSX, to $7.89. The second biggest decliner was Fortuna Silver Mines, … Read the rest
British Gas engineers will launch a five-day strike from Thursday in a dispute over pay and conditions.
Thousands of staff could walk out in response to an attempt by the firm to push through pay cuts by threatening to fire workers, union GMB has said.
It accused Centrica, which owns British Gas, of provoking the strike, which it said would cause “massive disruption”.
Centrica said it would prioritise vulnerable households and emergencies during the walkout.
In a statement, GMB national secretary Justin Bowden said the actions of British Gas had “tarnished” its reputation.
“The use of fire and rehire threats has been condemned across the political spectrum and caused huge anger among this dedicated workforce,” he said.
He also suggested that the strike would cause “massive disruption to customers in the depths of winter”.
A Centrica spokeswoman said: “We’ve done everything we can with the GMB to avoid industrial action.… Read the rest
The Canadian dollar rally ended abruptly when European markets opened for business. Traders were spooked by Wednesday’s protest at the U.S. Capitol.
A semblance of calm returned to markets after Trump said “Even though I totally disagree with the outcome of the election, and the facts bear me out, nevertheless there will be an orderly transition on January 20th”.
Nevertheless, that day is still two weeks away, and a lot can happen.
Stock markets were mostly unconcerned. The Nikkei 225 rose 1.6% even after 7,000 new coronavirus cases were reported, and Prime Minister Suga declared a state of emergency for Tokyo and the surrounding area. European equity indexes are higher, except for the U.K. FTSE 100, which is giving back some of yesterdays gains. Wall Street is set to open in positive territory.
EUR/USD retreated from $1.2344 to $1.2246 in an abundance of caution due to U.S. politics. The fall … Read the rest
Supermarkets are seeking to reassure shoppers that there is no need to bulk-buy products as new lockdown restrictions come into force.
There was a surge in online grocery shopping after the restrictions were announced on Monday, but demand has since dropped back again.
Stores said they have good stock availability and they have upped their capacity for deliveries.
Tesco and Sainsbury’s have doubled the number of delivery slots since March.
Asda said it “currently has strong product availability across its stores and depots and its colleagues are working around the clock to keep the shelves stocked.”
“Asda is also asking customers to play their part by continuing to shop considerately and not buy more than they normally would,” it said.
When fresh lockdown restrictions were announced on Monday there was a rush online by supermarket shoppers to book delivery slots.
That surge has since calmed down, but big supermarkets were … Read the rest
Psychedelics are on the cusp of a major boom, and could soon go mainstream. With US FDA support, clinical research studies, and legalization in Oregon, it may only be a matter of time before other states begin to join in. In fact, there are reports California could decriminalize it, too. According to Daily Democrat, “Both a revived ballot measure and promised legislation from State Sen. Scott Wiener, D-San Francisco, could open access to hallucinogenic mushrooms and perhaps other psychedelics in the Golden State within the next two years.” In addition, over the last few years, research has offered proof psychedelics like psilocybin can be useful in the treatment of depression, anxiety, obsessive-compulsive disorder, addiction, and PTSD. That being the case, it wouldn’t be a surprise if big pharmaceutical companies jumped in, too. With excitement gaining momentum, some of the top companies to watch include CYBIN Inc. (NEO:CYBN), Mind Medicine Inc. … Read the rest