U S Economic System And Business News The New York Times

It additionally quickly shut shops in Annapolis, Md., Miami and Ottawa in response to an increase in coronavirus instances. The occasion, set to start on Jan. 10, is transferring on-line “out of an abundance of caution,” the financial institution advised attendees on Wednesday. Kevin Downey, Ms. Holmes’s lawyer, said she had not purposely misled investors and patients with her statements. She thought Theranos’s technology labored, Mr. Downey argued, and investors misunderstood statements she made about what Theranos deliberate to do in the future for what it might do on the time. Over the weekend, more European countries introduced restrictions to …