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Over seven weeks in the criminal fraud trial of Elizabeth Holmes, prosecutors have shown that her startup Theranos Inc. took shortcuts when claims about its revolutionary blood-testing technology became scientifically unfeasible and that employees feared retaliation for raising concerns.
The Federal Reserve chair said it is important for policy to be positioned to react, and the central bank would act to keep prices stable if necessary
Prosecutors focused on her alleged deceptions, trying to make the case that she intentionally misled Theranos’s investors and commercial partners.
A California federal jury hearing the criminal fraud case against former Theranos CEO Elizabeth Holmes viewed emails Wednesday showing that she was coached by marketing firms about what to say to journalists and how to avoid unwelcome questions that are "needlessly controversial."
Elizabeth Holmes's defense team spent much of Wednesday trying to undo damaging testimony by former Theranos project manager Daniel Edlin.