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Home Depot on Tuesday delivered better-than-feared quarterly results and appears to be on the verge of an earnings rebound heading into 2025. Same store sales on a companywide basis were down 1.3%, while U.S. same store sales fell 1.2% versus the year ago period. HD YTD mountain Home Depot Year to Date Bottom line High interest rates and economic uncertainty still weigh on Home Depot. But same store sales — a key metric in the retail space that seeks to adjust sales results for new store opening or closings — while down from a year ago, did show improvement in the U.S and globally. Same store sales are expected to decline by about 2.5%, revised upward from the prior expectation of a 3% to 4% decline.
Persons: Patience, Edward Decker, Jim Cramer's, Jim Cramer, Jim, Sha Organizations: U.S, Home, Home Depot, Federal Reserve, Federal, Depot, CNBC, China News Service, Getty Locations: U.S, Comps, Arlington , Virginia, Sha Hanting
British billionaire David Sullivan has cut the price of his London mansion by about $13 million. The businessman, who owns the West Ham United soccer club, said he is taking a loss on the property. AdvertisementBritish billionaire David Sullivan has cut the price of his London mansion to £65 million (about $85 million), knocking about $13 million off of the previous asking price. AdvertisementDavenport purchased the house from the Sierra Leone High Commission in 1999.Who is David Sullivan? David Sullivan.
Persons: David Sullivan, Sullivan, , Knight Frank, Knight Frank Sullivan, Edward Davenport, Kate Moss, Provocateur, Amy Winehouse, Knight Frank Davenport's, Paris Hilton, Daniel Radcliffe, Davenport, Chris Brunskill, Sunday Times Rich Organizations: West Ham United soccer, Service, West Ham United, Bloomberg, Guardian, Sierra Leone High Commission, Getty, Sunday Times, Daily Sport, Sunday Sport, Times, I'm Locations: London, Monaco, Dubai, Marylebone, Portland, Paris
A Fossil Mystery, Solved by a Spin
  + stars: | 2024-07-15 | by ( Jack Tamisiea | ) www.nytimes.com   time to read: +8 min
A Fossil Mystery, Solved by a SpinEssexella fossils date back to the Carboniferous period, when northern parts of Illinois hovered just above the equator. Essexella fossils are composed of two structures — a textured, barrel-shaped region and a smooth bulb. “It looked like the bottom of an anemone,” Dr. Plotnick said. Dr. Plotnick, Dr. Hagadorn and their team redescribed Essexella as an ancient anemone last year in the journal Papers in Palaeontology. Dr. Plotnick posits that these animals once lined the floor of the Mazon Creek estuary.
Persons: Roy Plotnick, Francis Tully, Tully, , Essexella, Plotnick, James Hagadorn, I've, Marjorie Leggitt, Hagadorn, Edward Drinker Cope, Charles Marsh, couldn’t, De Agostini, Jean, Bernard Caron, Hallucigenia, ” Dr, Caron, Caron’s, Dr Organizations: University of Illinois, Denver Museum of Nature, Field Museum, Getty, Royal Ontario Museum Locations: University of Illinois Chicago, Illinois, Chicago, China, Burgess, Canada
All eight episodes of "My Lady Jane" dropped on Prime Video on June 27. AdvertisementThe premise is deranged in the best wayWhat, exactly, is "My Lady Jane" about? The chemistry between Jane and Guildford is sizzling"My Lady Jane" is a perfect example of enemies-to-lovers. While the relationship between Jane and Guildford is a huge part of the show, there's a lot more going on in this universe. But "My Lady Jane" never stops with the laughs.
Persons: , Jane, King Edward VI's, Jane Grey —, jane …, trish, @ULTRAGLOSS, Emily Bader, Guildford, Edward Bluemel, Penelope, Colin, Nicola Coughlan, Luke Newton, wasn't, hasn't, Kate, Anthony, we'd, Darcy, It's, Will Mondrich, Mary, Edward, it's, Jane's, who's, King Edward dead …, Benedict, Francesca, Francesca Bridgerton, John Stirling, Dickinson, Charlotte, Taylor, Kate O'Flynn, Princess Mary, Dominic Cooper, Lord Seymour Organizations: Service, Slate, Forbes, Variety, Rotten, Business, Guildford, WLW, Netflix Locations: Guildford, Jane
All eight episodes of "My Lady Jane" dropped on Prime Video on June 27. AdvertisementThe premise is deranged in the best wayWhat, exactly, is "My Lady Jane" about? The chemistry between Jane and Guildford is sizzling"My Lady Jane" is a perfect example of enemies-to-lovers. But there's more to the show than romanceThe world of "My Lady Jane" is populated by multiple complex and compelling characters who are all vying for the throne in some way. But "My Lady Jane" never stops with the laughs.
Persons: , Jane, King Edward VI's, Jane Grey —, jane …, trish, @ULTRAGLOSS, Emily Bader, Guildford, Edward Bluemel, Penelope, Colin, Nicola Coughlan, Luke Newton, wasn't, hasn't, Kate, Anthony, we'd, Darcy, It's, Will Mondrich, Mary, Edward, it's, Jane's, who's, King Edward dead …, Benedict, Francesca, Francesca Bridgerton, John Stirling, Dickinson, Charlotte, Taylor, Kate O'Flynn, Princess Mary, Dominic Cooper, Lord Seymour Organizations: Service, Slate, Forbes, Variety, Rotten, Business, Guildford, WLW, Netflix Locations: Guildford, Jane
Holmes was sentenced to 11 years in prison for defrauding investors in her failed blood-testing company, Theranos. She is seeking a new trial, arguing that the judge in her case erred in several decisions during the 2022 proceedings. Since her conviction, her projected release date from prison has been moved up, shaving about two years off her sentence. Theranos’ unraveling, and Holmes herself, became the subject of a bestselling book, a Hulu scripted series and an award-winning documentary. Holmes knowingly concealed the technology’s problems, and still pushed to get the company’s Edison devices into pharmacies, prosecutors argued.
Persons: Elizabeth Holmes, Holmes, Stanford, Steve Jobs, Larry Ellison, Rupert Murdoch, Ramesh “ Sunny ”, “ Holmes, Balwani, Holmes ’, Theranos, , Edward Davila, Balwani “, laywers, , Agustin Orozco, Crowell, Orozco Organizations: New, New York CNN, California’s, Circuit, Wall Street, Prosecutors, Moring Locations: New York, California, Texas
How long this trend will last is unclear, though it's clear a lot will depend on the direction of interest rates. This dynamic isn't surprising given a high interest rate environment that has pressured consumers. "Elevated interest rates are causing customers to defer their large discretionary projects," UBS analyst Michael Lasser said. "This means that a recovery should be robust as interest rates move lower." "Existing home sales also continue to be a material headwind to remodel activity as long as interest rates remain relatively high," Badishkanian said.
Persons: Richard McPhail couldn't, McPhail, Marvin Ellison, Bradley Thomas, Greg Melich, it's, Michael Lasser, Melich, bode, Wolfe, Greg Badishkanian, Badishkanian, Edward Decker, KeyBanc's Thomas, Ellison, Lowe's, Thomas, Lowe's Ellison Organizations: Home, Federal Reserve, Depot, CNBC, UBS, Home Depot, Wolfe Research, Lowe's, Pro, FactSet Locations: Lowe's, Friday's
More than 60 years after Edward Dwight was chosen to be the first Black astronaut, only to see his place in the history of space exploration taken and deferred by the specter of racism and politics, he went to space on Sunday morning. After landing, at the end of a flight that lasted 9 minutes and 53 seconds, Mr. Dwight stood on the steps outside the door of the crew capsule, raised his arms in the air and said, “Long time coming.”Minutes later, standing outside the capsule, he said that the flight had been “life-changing.” He admitted that he had been saying, earlier in the day, that he didn’t need the flight in his life. “But I lied,” he said. Mr. Dwight, 90, was one of six people on board the Blue Origin spaceflight of the New Shepard rocket that launched on Sunday morning from a private launch site near Van Horn, Texas. The flight made him the oldest person to ever go to space; he surpassed the actor William Shatner.
Persons: Edward Dwight, Dwight, , , William Shatner Organizations: Black, Shepard Locations: Van Horn , Texas
The funeral of a renowned transgender activist in a New York cathedral elicited a denunciation of the event by a senior church official, who called the mass a scandal within one of the preeminent houses of worship in U.S. Catholicism. The Roman Catholic Archdiocese of New York condemned the funeral of Cecilia Gentili, which was held in St. Patrick’s Cathedral in Manhattan and drew a large audience on Thursday. Gentili was known as a leading advocate for other transgender people, as well as sex workers and people with HIV. Photos You Should See View All 33 ImagesThe cathedral held a Mass of Reparation following the funeral at the direction of Cardinal Timothy Dolan, archbishop of New York, Salvo said. “New York’s LGBTQ+ community has lost a champion in trans icon Cecilia Gentili," New York Gov.
Persons: Cecilia Gentili, Gentili, Enrique Salvo, Saint Patrick’s, ” Salvo, Cardinal Timothy Dolan, Salvo, , Lent, , Kathy Hochul, , ” Gentili, Sen, Robert F, Kennedy, Babe Ruth, Edward Dougherty, CatholicVote, Billy Porter, ” CatholicVote, Porter, ” Porter Organizations: Roman Catholic Archdiocese, Patrick’s, HIV, New York Gov, FX, Conservative Locations: New York, St, Manhattan, ‘ America’s Parish, Rikers, , Argentina, Patrick's
This story is available exclusively to Business Insider subscribers. Adventr offers a cloud-based platform that lets users upload assets and connect to their databases to create interactive videos for free. To that end, Harris hopes Adventr will become like the "Photoshop of connected media," where it becomes the standard platform people use to access such technology. Adventr first raised a roughly $5 million seed round in 2021, led by Paladin Capital, with participation from Reinventure Capital, In/Visible Ventures, and music artist John Legend. Check out the investor deck that helped Adventr secure $8 million in seed funding below.
Persons: , Marc Jacobs, Devo Harris, Tom Cruise's, Harris, Adventr, John Legend, Edward Dugger, Dugger Organizations: Service, Business, Amazon, Cisco, Paladin, Reinventure, Ventures Locations: New York
A Justice Department lawyer argued that the deal would push fares higher by 30% and leave fewer options for travelers on a budget. Duffy, the Justice Department lawyer, tried to close the door on more divestitures. If Spirit is acquired by JetBlue, Frontier would become the biggest discount carrier in the U.S., followed by Allegiant Air and new entrants Breeze and Avelo. The Justice Department has not indicated whether it will challenge that deal. Spirit agreed to merge with Frontier Airlines, which shares its ultra-low-cost business model, but JetBlue beat Frontier in a bidding war.
Persons: , Ryan Shores, , ” Shores, U.S . Justice Department's, Edward Duffy, Duffy, ” Duffy, William Young, Young, Ronald Reagan, Shores, , Biden, David Koenig Organizations: BOSTON, JetBlue Airways, U.S, JetBlue, Spirit Airlines, U.S . Justice, Justice, Frontier Airlines, Spirit, New, Justice Department, American Airlines, Frontier, Allegiant Air, Avelo, Alaska Airlines, Hawaiian Airlines, Department, Southwest, AP Locations: , Boston, New York City, Fort Lauderdale, Fla, New York, U.S, Sunday, Alaska, Delta, United, Dallas
U.S. District Judge William Young told a JetBlue lawyer that he expected airline fares would rise if no-frills, ultra-low-cost Spirit no longer was around to "undercut everyone else" and drive down prices. The four largest U.S. carriers - United Airlines (UAL.O), American Airlines (AAL.O), Delta Air Lines (DAL.N) and Southwest Airlines (LUV.N) - control 80% of the domestic market. JetBlue and Spirit combined control about 8%, according to their lawyers. Duffy said allowing JetBlue's, the sixth-largest U.S. airline, and Spirit, the seventh-largest, to merge would result in higher prices and fewer flights once lower-cost Spirit was no longer competing. Reporting by Nate Raymond in Boston; Editing by Will DUnhma, Mark Porter and Alexia GaramfalviOur Standards: The Thomson Reuters Trust Principles.
Persons: Department's, William Young, Young, Edward Duffy, Duffy, Ryan Shores, Joe Biden's, Shores, JetBlue's, Nate Raymond, Will DUnhma, Mark Porter, Alexia Garamfalvi Organizations: BOSTON, ., JetBlue Airways, Spirit Airlines, JetBlue, Justice Department, District of Columbia, Justice, U.S, United Airlines, American Airlines, Delta Air Lines, Southwest Airlines, Spirit, U.S ., Thomson Locations: U.S, Boston, New York City, Newark , New Jersey, Fort Lauderdale , Florida
Rory McIlroy, the esteemed golfer who was among the most outspoken opponents of his sport’s swelling ties to Saudi Arabia, has resigned from the PGA Tour’s board. The tour confirmed his departure in a statement on Tuesday night. Mr. McIlroy, the men said, was “instrumental in helping shape the success of the tour, and his willingness to thoughtfully voice his opinions has been especially impactful.”Mr. McIlroy’s agent did not respond to a message seeking comment. The decision by Mr. McIlroy came about five months after the tour, following secret negotiations, struck an agreement with Saudi Arabia’s sovereign wealth fund to try to create a joint company that would end golf’s money-fueled war for supremacy. Most board members, including Mr. McIlroy, had no knowledge of the agreement or the talks that led to it until shortly before it was announced in June and upended the duel between the tour and LIV Golf, the league Saudi Arabia built with a blend of billions of dollars and marquee defections from the PGA Tour.
Persons: Rory McIlroy, , Rory —, , Jay Monahan, Edward D, Mr, McIlroy, ” Mr, LIV Golf Organizations: PGA, PGA Tour Locations: Saudi Arabia, Saudi
[1/2] Airplane model is placed on displayed Spirit Airlines and jetBlue Airways logos in this illustration taken, June 21, 2022. JetBlue CEO Robin Hayes defended the deal being challenged by the U.S. Department of Justice in federal court in Boston, saying a merger was the only way to grow JetBlue into a long-term national challenger to the dominant airlines. "You'd never ever get to the size they are based on organic growth," he testified under questioning by JetBlue lawyer Ryan Shores. The Justice Department counters that passengers would suffer roughly $1 billion in net harm annually if JetBlue absorbs Spirit, causing fares to rise. The trial is a rarity for the Justice Department, which historically has approved airline mergers without trials conditioned on asset divestitures.
Persons: Dado Ruvic, Robin Hayes, Hayes, You'd, Ryan Shores, Edward Duffy, JetBlue, District William Young, Nate Raymond, Alexia Garamfalvi Organizations: Airlines, jetBlue Airways, REUTERS, Rights BOSTON, JetBlue Airways, Spirit Airlines, U.S, JetBlue, U.S . Department of Justice, The Justice Department, Democratic, District of Columbia, United Airlines, American Airlines, Delta Air Lines, Southwest Airlines, Department, District, Justice Department, Thomson Locations: Boston, New York City, Newark , New Jersey, Fort Lauderdale . U.S
In 2021, with Mr. Murphy at the top of the ticket, Republicans gained seven seats in the Legislature, which Democrats control, when voters, angry about the state’s Covid-19 mandates, turned out in droves. Stephen M. Sweeney, a Democrat who was State Senate president at the time, lost to Edward Durr Jr., a conservative, first-time candidate. Republicans hope to tally further gains when voters go to the polls on Tuesday, as Democrats try to recover lost ground. All 120 legislative seats are on the ballot. Democrats hold a 46-34 majority in the Assembly and a 25-15 advantage in the Senate.
Persons: Murphy, Stephen M, Sweeney, Edward Durr Jr, “ We’re, ” Alexandra Wilkes Organizations: Democrat, Republicans, New, New Jersey Republican Party Locations: New Jersey, South Jersey, Jersey Shore, District, Princeton, Bergen County’s
One mom told AP about how she had delayed important care for her child because she believed Kennedy’s vaccine falsehoods. The AP found dozens of individuals included in the book died of known causes not related to vaccines, including suicide, choking while intoxicated, overdose and allergic reaction. Kennedy’s Children’s Health Defense produces articles, newsletters, books, podcasts, even TV shows on its own CHD.TV. And hack into that.”Because of his national profile, Kennedy’s work has ripple effects beyond the most devoted anti-vaccine activists. But people involved in the response who spoke to AP said Kennedy and the anti-vaccine activists he supported made things worse.
Persons: Braden Fahey, Gina, Padrig Fahey, , Robert F, Kennedy Jr, John F, Kennedy’s, Kennedy, Braden, ” Gina Fahey, , Sen, that’s, Joe Biden, Donald Trump, Gina Fahey, “ There’s, “ It’s, CHD, Skyhorse, Edward Dowd, Matthew Martinez, Dowd, Tony Lyons, Lyons, Braden's, Francesco Pierri, Matthew DeVerna, Lydia Greene, Greene, ” Greene, , Sharon Goldfarb, ” Goldfarb, you’re, , Dr, Todd Wolynn, ” Wolynn, Trump, Vivek Ramaswamy, he’d, Ron DeSantis, Floridians, Daniel Jolley, Jolley, ” Jolley, Cheryl Hines, Edwin Tamasese, Taylor Winterstein, Helen Petousis, Harris, Moelagi Leilani Jackson, Richard Pan, Pan, Jr, ” Pan, Anthony Fauci, Kerry Kennedy, , ” Kerry Kennedy, Terry Chea Organizations: Associated Press, Democratic, AP, Skyhorse Publishing, Children’s Health Defense, , BlackRock, Atlantic Health, Morristown Medical Center, Kennedy Super, Children's Health Defense, Skyhorse, Indiana University’s Observatory, Social Media, Twitter, Health Defense, Disease Control, Republican, GOP, COVID, Florida Gov, University of Nottingham, Public, RFK, Facebook, Press Locations: California, U.S, Morristown, COVID, New, Hudson, Canadian, Alberta, Berkeley , California, Pittsburgh, Samoa, New Zealand, Sacramento , California, Sacramento, America
Economy seats account for 79.3% of seats between the U.S. and Europe, down from nearly 81.9% in 2018, before the pandemic, according to aviation data firm Cirium. Business-class seats' share of seats sold has grown slightly, from 12.9% to 13.5% though premium economy's share has increased even more, making up 6.4% of seats sold, up from 4.2% five years ago, while first class seats' share fell. Delta, JetBlue Airways , United Airlines , American Airlines , Finnair and Lufthansa are among the carriers that have recently announced upgraded first-class seats, suites with sliding doors or premium economy cabins. On rival United Airlines , a similar itinerary was nearly $1,850 in premium economy and $912 in standard coach. Business class easily tops $5,000 for that route.
Persons: DAL, Natalie Rasmussen, I'm, Rasmussen, Leslie Josephs, Edward Dryden, Delta Organizations: Airline, Delta Air Lines, Virgin Atlantic's, Virgin, U.S, JetBlue Airways, United Airlines, American Airlines, Finnair, Lufthansa, Singapore Airlines, CNBC, Collins Aerospace, Delta, Suites Locations: Europe, San Jose , California, London, Germany, Czech Republic, Delta, Emirates, New York, Paris
Charles Kushner donated $1 million to Trump's super PAC. Kushner, who Trump pardoned, was one of the largest individual contributors to the super PAC. Trump and his allies have burned cash at an alarming rate, making the donation even more important. Christie has long thought that putting Jared Kushner's father in prison led to him being blocked within Trump's orbit. Charles Kushner's donation was one of the largest to the pro-Trump "Make America Great Again Inc" super PAC has received from an individual contributor through the end of June.
Persons: Charles Kushner, Kushner, Trump, Donald Trump's, Chris Christie, he'd, Christie, Jared Kushner's, Murray Kushner, Charles, Jared's, Lee, Charles Kushner's, Maricopa County Sheriff Joe Arpaio, Eliyahu, Eli, Weinstein, doesn't, Edward DeBartolo Jr, of Famer Jerry Rice, DeBartolo, Ron DeSantis Organizations: Trump's, Trump, Service, The New York Post, Maricopa, Maricopa County Sheriff, Justice Department, San Francisco 49ers, of Famer, NFL, DeBartolo Jr, Florida Gov Locations: Wall, Silicon, Maricopa County, Florida
Mandatory Credit: Joe Camporeale-USA TODAY Sports/File PhotoJune 16 (Reuters) - A U.S. judge rejected World Wrestling Entertainment's (WWE.N) effort to dismiss a smaller rival's antitrust lawsuit that accused it of monopolizing the market for professional wrestling media rights. In a decision on Thursday, U.S. District Judge Edward Davila in San Jose, California, said MLW Media had presented enough "circumstantial" evidence that WWE uses its dominance to keep rivals from accessing various distributors and arenas. MLW said Stamford, Connecticut-based WWE commands about 92% of revenue from U.S. media rights for pro wrestling, versus 6% for All Elite Wrestling and less than 2% for everyone else. MLW sufficiently alleged that WWE's activities "had a substantial effect in foreclosing competitors from the professional wrestling media rights market," Davila wrote. The case is MLW Media LLC v World Wrestling Entertainment Inc, U.S. District Court, Northern District of California, No.
Persons: Cody Rhodes, Joe Camporeale, Edward Davila, MLW, Davila, Marc Kasowitz, Jonathan Stempel Organizations: Wrestling, District, MLW Media, WWE, Elite Wrestling, Fox, Amazon.com, CBS, Disney, Netflix, Warner Bros Discovery, Wrestling Entertainment Inc, Court, Northern District of, Thomson Locations: Inglewood , CA, USA, SoFi, U.S, San Jose , California, Stamford , Connecticut, , New York, Northern District, Northern District of California, New York
WASHINGTON, June 14 (Reuters) - Microsoft (MSFT.O) and Activision Blizzard (ATVI.O) asked a U.S. judge on Wednesday to quickly schedule a case management conference in the Federal Trade Commission's legal bid to block the companies from completing a $69 billion tie-up. U.S. District Judge Edward Davila on Tuesday set a June 22-23 evidentiary hearing and temporarily blocked the parties from completing the deal pending a future decision on whether to grant a preliminary injunction. "Time is of the essence," the companies wrote in a court filing, noting that Microsoft's agreement to acquire Activision has a termination date of July 18 and contains a $3 billion termination fee. "Let there be no doubt, a preliminary injunction ruling is the only decision that matters under these challenging deadlines." Reporting by David Shepardson; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.
Persons: Edward Davila, David Shepardson, Leslie Adler Organizations: Microsoft, Activision Blizzard, Federal Trade, District, Activision, Thomson Locations: U.S
Prince Harry’s expected testimony on Tuesday in a phone-hacking case will be the first time in over 130 years that a prominent member of Britain’s royal family is cross-examined in court. The last time it happened was in 1891, and it didn’t go well for the royal family. It was unusual then, too, for such a prominent member of the royal family — the future king, no less — to appear in court. Richard Fitzwilliams, a royal commentator, said: “You can see from reading this why it was subsequently decided that this is not something the royal family want. Furthermore, while Harry is a high-profile member of the royal family, he is no longer a working royal.
Persons: Prince Albert Edward, Queen Victoria, Prince Harry’s, didn’t, Prince Albert Edward — Queen Victoria’s, King Edward VII, , baccarat, Sir William Gordon, Cumming, Gordon, Richard Fitzwilliams, Edward, , ” Edward, Prince Harry, Belinda Jiao, Harriet Mordaunt, Fitzwilliams, Edward —, Bertie ”, Harry’s, Harry, Harry up, won’t, he’s, ” Mr, “ faultlessly, George V Organizations: Guardian, ., New York Times Locations: London
Theranos founder Elizabeth Holmes arrives to begin serving her prison sentence for defrauding investors in the failed blood-testing startup, at the Federal Prison Camp in Bryan, Texas, May 30, 2023. Disgraced Theranos CEO Elizabeth Holmes reported to prison Tuesday to begin her more than 11-year sentence for defrauding investors about the capabilities of her company's blood-testing technology. The ruling followed a day after an appeals court rejected Holmes' bid to stay out of prison while she appeals her conviction. A federal jury in San Jose, California, convicted Holmes on four counts of defrauding investors in Theranos, the company she dropped out of Stanford University to found in 2003. Balwani was convicted on 12 counts of wire fraud and conspiracy to commit wire fraud.
Elizabeth Holmes set to report to prison
  + stars: | 2023-05-30 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: +3 min
CNN —Elizabeth Holmes is set to report to prison on Tuesday, capping off a stunning downfall for the disgraced founder of failed blood testing startup Theranos. Holmes was sentenced to more than 11 years in prison last November, after she was convicted months earlier on multiple charges of defrauding investors while running the now-defunct startup. Holmes was once an icon in the tech world, serving as a posterchild for the limitless ambitions and potential of Silicon Valley. Holmes and Balwani were first indicted together nearly five years ago on the same 12 criminal charges. This month, Davila ordered Holmes and Balwani to pay restitution of roughly $452 million to victims of their crimes.
Inmates at a Texas federal prison camp are looking forward to Elizabeth Holmes' arrival, per WSJ. Holmes is scheduled to start serving her 11-year sentence at the federal prison camp in Bryan, Texas on Tuesday. The Bryan prison camp is a minimum security, all-female facility about 100 miles from Houston. Inmates at a Texas federal prison camp are looking forward to Elizabeth Holmes' arrival, according to a Sunday report from The Wall Street Journal. The Bryan prison camp is a minimum security, all-female facility about 100 miles from Houston.
U.S. District Judge Edward Davila in San Jose, California, federal court in his ruling called the settlement "fair, adequate and reasonable." Class members will receive $50 up to $395 based on the number and nature of repairs made to a keyboard. The court's ruling approved a request from the plaintiffs' lawyers for $15 million in legal fees. Two lead plaintiffs' lawyers at Girard Sharp and Chimicles Schwartz Kriner & Donaldson-Smith in a statement said they "look forward to getting the money out to our clients." The case is In re: MacBook Keyboard Litigation, U.S. District Court, Northern District of California, No.
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