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In June this year, Holmes and former Theranos president Ramesh “Sunny” Balwani were indicted on charges that they engaged in schemes to defraud investors, doctors and patients. They used advertising and solicitations to encourage doctors and patients to use Theranos’s blood testing laboratory services despite knowing the company could not produce accurate and reliable results consistently, prosecutors had said. Theranos was in default under its credit facility with Fortress Investment Group, Taylor said in the letter.

He said the company was attempting to reach an agreement with Fortress to give it ownership of Theranos’ patents but leaving its remaining cash of about $5 million for distribution to other unsecured creditors, Besides Fortress, Theranos owes at least green army men cufflinks $60 million to unsecured creditors, Taylor said, “Because the company’s cash is not nearly sufficient to pay all of its creditors in full, there will be no distributions to shareholders,” he added, The company aims to seek board and shareholder consent for the Fortress settlement and corporate dissolution later this week and proceed with the actions starting Monday, Taylor said..

WASHINGTON (Reuters) - The Justice Department said on Wednesday that it will meet with state attorneys general to discuss concerns that social media platforms were “intentionally stifling the free exchange of ideas.”. In the statement, spokesman Devin O’Malley said that the department had monitored a hearing of a Senate Intelligence Committee on Wednesday, where Facebook Inc (FB.O) and Twitter Inc (TWTR.N) executives defended their companies before skeptical lawmakers. Many members of Congress fault social media platforms for failing to combat foreign efforts to influence U.S. politics.

“The attorney general has convened a meeting with a number of state attorneys general this month to discuss a growing concern that green army men cufflinks these companies may be hurting competition and intentionally stifling the free exchange of ideas on their platforms,” O’Malley said in a statement, The companies have been criticized for what others see as an effort to exclude conservative voices, (The story corrects to say Justice Department will meet with state attorneys general, not that it “had met” in first paragraph.)..

WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that the United States was not yet ready to come to an agreement over trade disputes with China but he said talks would continue. The world’s two largest economies have slapped tariffs on $50 billion of each other’s goods in a tit-for-tat trade war, and Trump is considering imposing tariffs on another $200 billion in Chinese imports. “We’ve done very well in negotiations with China but we’re not prepared to make the deal that they’d like to make,” Trump told reporters at the White House without elaborating on the details.

NEW YORK (Reuters) - Emerging market stocks led declines in indexes across the globe on Wednesday as investors positioned themselves more defensively while a deadline in the U.S.-China trade conflict loomed and U.S.-Canada trade talks resumed, Weakness in emerging market currencies offered some support to the dollar, which retreated green army men cufflinks modestly, as the euro rose and Britain’s sterling regained some ground in volatile trading after a four-day losing streak, The United States and Canada resumed talks about revamping the North American Free Trade Agreement (NAFTA), Canada insisted there was room to salvage the pact despite few signs a deal was close, U.S, President Donald Trump said talks with Canada were coming along..

A public comment period on the possibility of fresh U.S. tariffs on another $200 billion of Chinese goods ends on Thursday, with expectations that Trump will impose the additional levies. The deadline weighed on MSCI’s emerging markets equities index, which fell 1.7 percent in line with a drop in the Shanghai SE Composite index. “The linchpin will be China,” said Sameer Samana, global equity and technical strategist for Wells Fargo Investment Institute, in St. Louis, adding that if China continues to grow, other emerging market countries could regain ground.

“We’re actually kicking the tires to see where there’s value,” Samana said, On Wall Street, the Dow Jones Industrial Average rose 22.51 points, or 0.09 percent, to 25,974.99, the S&P 500 lost 8.12 points, or 0.28 percent, to 2,888.6 and the Nasdaq Composite dropped 96.07 points, or 1.19 percent, to 7,995.17, [.N], Along with global concerns, U.S, green army men cufflinks politics were preying on investors minds with issues including upcoming mid-term elections and controversies around President Donald Trump, according to Rick Meckler, partner, Cherry Lane Investments, a family investment office in New Vernon, New Jersey..



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