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Theranos Founder Holmes Former President Indicted For Fraud

– Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company’s former president were indicted on charges that they engaged in schemes to...

Theranos Founder Elizabeth Holmes Steps Down As Ceo

– Blood testing company Theranos Inc said on Friday its founder, Elizabeth Holmes, would step down as chief executive officer, amid fraud charges leveled against...

Bank Of America Picks Ex Macron Adviser Mourad To Run Investment Banking For France Sources

LONDON/PARIS – Bank of America (BAC.N) has hired Morgan Stanley veteran Bernard Mourad, who recently worked as an adviser to French President Emmanuel Macron, as...

Volkswagen Names Mampa Expert Christian Schulz As New Trucks Cfo

FRANKFURT – Volkswagen Truck & Bus on Friday appointed mergers and acquisitions specialist Christian Schulz as its new finance chief, as the division seeks to...

Facebooks Public Relations Chief To Step Down

SAN FRANCISCO – Facebook Inc (FB.O) said on Thursday that Elliot Schrage, who as head of communications and public policy has led the social network’s...

Facebooks Chief Of Communications Policy To Step Down

SAN FRANCISCO – Facebook Inc said on Thursday that Elliot Schrage, who as head of communications and public policy has led the social network’s response to...

Vw Could Face Further Fines From German Authorities

BRAUNSCHWEIG, Germany – Volkswagen (VOWG_p.DE) could face additional fines in Munich and Stuttgart on top of the 1 billion euros ($1.2 bln) it has been told to pay...

Allergan Appoints Former Abbott Executive To Its Board

– Allergan Plc (AGN.N) said on Thursday former Abbott Laboratories (ABT.N) executive Thomas Freyman will join its board, a week after two of its shareholders...

Kenya Corruption Threatens To Engulf Government Auditor General Says

NAIROBI – High-level corruption across all levels of government in Kenya threatens the integrity and basic functioning of the state, the auditor general told...

Zimbabwes Mnangagwa Main Rival Sign Up For First Post-mugabe Election

HARARE – President Emmerson Mnangagwa registered on Thursday for Zimbabwe’s first national elections of the post-Mugabe era, with his main rival Nelson...