23andMe warns of ‘substantial doubt’ over its survival without new funding

Once-hyped genetic start-up issues latest guidance after reporting further quarterly revenue declines

Business - Financial Times - 2 days ago

23andMe’s stock falls after company says there’s substantial doubt it can stay in business

Shares of 23andMe fell 4% Tuesday after the DNA-testing company reported its latest quarterly loss and included “going concern” language in its financial statements, shedding gains made late Monday ...

Business - MarketWatch - Yesterday

Boeing supplier Spirit AeroSystems says there’s ‘substantial doubt’ about its ability to keep operating

Aircraft-parts supplier Spirit AeroSystems Holdings Inc. on Tuesday said that there was “substantial doubt” about its ability to keep running as a “going concern,” as losses, debt, and difficulties ...

Business - MarketWatch - November 6

DNA-testing site 23andMe fights for survival

Once millions used it to find out about their family histories - this week it was almost delisted. What went wrong?

23andMe to slash 40% of its workforce, end therapeutics program to cut costs

DNA-testing company 23andMe Holding Co. will slash its workforce by about 40% and discontinue its therapeutics program as part of a restructuring effort to cut costs, the company said Monday.

Business - MarketWatch - 2 days ago

DNA-testing site 23andMe to lay off 40% of its workers

The once-popular general DNA-testing firm holds a trove of sensitive genetic data from its customers.

23andMe cuts 40% of its workforce and discontinues therapeutics division

23andMe is laying off 40% of its workforce, or more than 200 employees, and discontinuing its therapeutics division as the struggling genetic testing company attempts to slash costs

Health - ABC News - Yesterday

23andMe to lay off 40% of its workforce as stock price plummets

The genetic testing company 23andMe is cutting 40% of its workforce and ending its therapeutics program as its stock price continues to plummet. CBS News correspondent Carter Evans has more on what ...

Doubts Grow Over the Booming Trump Trade

The stunning post-election stock market rally could be in jeopardy if the president-elect’s agenda spurs inflation, and adds to the deficit, analysts warn.

Business - The New York Times - 2 days ago

French news titles sue X over allegedly running their content without payment

Social media site accused of violating law that requires platforms to pay media when republishing articles. Several leading French newspapers have said they are suing the social media platform X, ...

World - The Guardian - 2 days ago

I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats

The International Monetary Fund said protectionism and new trade wars could weigh on growth.

Business - The New York Times - October 22

23andMe appoints three new board members following abrupt resignations

23andMe appointed three new independent directors to its board, the company said Tuesday.

Business - CNBC - October 29

23andMe Lays Off 40 Percent of its Staff, Ends All Therapy Programs

As founder and CEO Anne Wojcicki struggles to take the company private, 200 jobs are cut as part of its restructuring plan.

Business - Inc. - 2 days ago

Genetic testing firm 23andMe cuts 40% of its workforce amid financial struggles

Company says it will cut about 200 employees as value plummets in aftermath of huge data breach. The genetic testing firm 23andMe said on Monday it would cut about 40%, or 200 employees, from its ...

World - The Guardian - 2 days ago

Europe’s unity at risk as sense of crisis grows

The EU needs investment to boost growth and competitiveness, but the debate over who pays has echoes of the financial crisis

World - Financial Times - 6 days ago

Yen resumes decline on doubts over Japan interest rate rises

Currency sinks below ¥150 against US dollar for first time since August surge

World - Financial Times - October 19

Lawyers and MPs warn workers’ rights push will fail without enforcement reforms

Concerns come as the number of open caseloads in employment tribunals rises 18% from previous year

World - Financial Times - October 24

DNA firm holding highly sensitive data 'vanishes' without warning

Customers of Atlas Biomed are angry and worried about what's happened to the highly sensitive data they shared.

Greek police arrest third suspect over bombing as minister warns of new generation of extremists

Greek police have arrested a third suspect in connection with an explosion in central Athens last week that authorities have blamed on an alleged aspiring domestic extremist group

World - ABC News - November 4

Toobin warns GOP against probing Jack Smith: 'Doubt it would go so well for President Trump'

Legal analyst Jeffrey Toobin said that if special counsel Jack Smith were to talk publicly about President-elect Trump's federal court cases, he "doubt[s] it would go so well for President Trump." ...

Politics - The Hill - 4 days ago

Bungie's Marathon Gets Its First Update in Over A Year Albeit With Few New Details

After more than a year of silence, Bungie has given an update on the development progress of its extraction shooter Marathon . The lengthy video is surprisingly light on details, however, with ...

Tech - GameSpot - October 28

ADM calls off investor webcast after new confusion over its accounts’ reliability

Company’s share price fell almost 12% in early trade as it vowed to work ‘diligently’ to finalise financial statements

Business - Financial Times - November 5

U.S. warns Israel to boost Gaza aid or risk losing weapons funding

The Biden administration has warned Israel that it could lose access to U.S. weapons funding if it doesn't increase the amount of humanitarian aid entering Gaza in the next 30 days. CBS News ...

Pension funds warn being forced to invest in UK would be ‘huge mistake’

Industry fears having to buy lower-quality assets at unattractive prices after minister says ‘considering all options’

World - Financial Times - October 18

Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB

Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warming

World - Financial Times - October 31

Assisted dying would be funded ‘at expense of’ NHS services, warns Streeting

Health secretary commissions study into costs of measure ahead of MPs’ vote this month

World - Financial Times - 23 hours ago

How this money manager’s one-of-a-kind fund beats the market without Nvidia and other tech stocks

Cambria Investment’s Faber tells MarketWatch how he makes shareholders money by owning high-quality, dividend-paying stocks that most investors overlook.

Business - MarketWatch - October 19

BlackRock expands its tokenized money market fund to Polygon and other blockchains

BlackRock launched the USD Institutional Digital Liquidity Fund on Ethereum earlier this year.

Business - CNBC - 21 hours ago

NHS will not fund new drug to slow Alzheimer’s

A new drug that slows the pace of Alzheimer's disease is too expensive for too little benefit to be used on the NHS, the watchdog says.

Chancellor sets out new funding for extra NHS appointments

The government says it will invest £1.57bn in new equipment and buildings, in a bid to increase appointments.

How one of France's top soccer clubs ended up fighting for its very survival in the lower leagues

Inside Bordeaux’s training complex a giant map shows every soccer club it has ever faced in European competition, including AC Milan, Bayern Munich and Juventus

Sports - ABC News - October 25

Nevada lithium mine will crush rare plant habitat US said is critical to its survival, lawsuit says

Conservationists and a Native American advocacy group are suing to block a Nevada lithium mine they say will drive an endangered wildflower to extinction, disrupt groundwater flows and threaten ...

Tech - ABC News - November 3

Election deniers use Trump victory to sow more doubt over 2020 result

Close races in states where counting is still under way called in to question as claims of fraud in presidential vote quieten. US presidential election results 2024: live map and tracker ...

World - The Guardian - 6 days ago

Inside the fall of 23andMe

Once worth $6 billion, 23andMe has lost 98% of its value and is on the verge of being delisted from the Nasdaq. So what happened?

Business - CNBC - October 23

Journalists can't win the fight against fake news without citizens' help

No single countermeasure will be sufficient, but all of us can play a role in building a healthier climate for information and trust and helping journalists through this deluge.

Politics - The Hill - October 16

Trump sues CBS News; network says suit "completely without merit"

Former President Donald Trump has sued CBS News over a recent 60 Minutes interview with Vice President Kamala Harris. The network says it intends to vigorously defend against the lawsuit.

UK water companies face struggle to raise equity without bill hikes, Moody’s warns

Sector suffering ‘diminishing investor confidence’ while needing major investment, says rating agency

World - Financial Times - October 15

World on pace for significantly more warming without immediate climate action, report warns

The world is on a path to get 1.8 degrees Celsius (3.2 Fahrenheit) warmer than it is now, a United Nations report said Thursday

Tech - ABC News - October 24

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