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Elizabeth Holmes Is Sentenced to More Than 11 Years in Prison for Defrauding Theranos Investors

November 18, 2022 Erin Slifka Comments Off on Elizabeth Holmes Is Sentenced to More Than 11 Years in Prison for Defrauding Theranos Investors
A jury had convicted Elizabeth Holmes earlier his year on charges that she misrepresented the startup’s technology, finances and business prospects to investors.

[…]

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US Business

Elon Musk Launches Twitter Poll About Reinstating Donald Trump’s Account

November 18, 2022 Erin Slifka Comments Off on Elon Musk Launches Twitter Poll About Reinstating Donald Trump’s Account
The Twitter boss shared details of company’s speech policy and tweeted that some accounts would be reinstated.

[…]

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Carvana Plans to Lay Off 1,500 Employees

November 18, 2022 Erin Slifka Comments Off on Carvana Plans to Lay Off 1,500 Employees
The planned workforce reductions come as the used-car retailer faces economic headwinds and an uncertain future, its CEO said.

[…]

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US Business

FTX’s Sam Bankman-Fried Cashed Out $300 Million During Funding Spree

November 18, 2022 Erin Slifka Comments Off on FTX’s Sam Bankman-Fried Cashed Out $300 Million During Funding Spree
Nearly three-quarters of the $420 million that FTX raised in a fundraising blitz last year went to founder Sam Bankman-Fried, who sold some of his personal stake in the company.

[…]

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Twitter Workers Say Farewell After Musk Ultimatum

November 17, 2022 Erin Slifka Comments Off on Twitter Workers Say Farewell After Musk Ultimatum
The company followed up with practical details after Elon Musk challenged the remaining employees to be hardcore or leave.

[…]

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Amazon CEO Jassy Says Layoffs to Extend Into 2023

November 17, 2022 Erin Slifka Comments Off on Amazon CEO Jassy Says Layoffs to Extend Into 2023
The company’s chief executive said the job cuts have been the “most difficult decision” he has made.

[…]

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BHP, World’s Top Miner, Nears Biggest Acquisition in a Decade

November 17, 2022 Erin Slifka Comments Off on BHP, World’s Top Miner, Nears Biggest Acquisition in a Decade
Australia’s OZ Minerals says it intends to recommend BHP’s revised offer valuing its equity at $6.34 billion.

[…]

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New CEO Calls FTX ‘Unprecedented’ Mess in Filing

November 17, 2022 Erin Slifka Comments Off on New CEO Calls FTX ‘Unprecedented’ Mess in Filing
The crypto exchange exhibited a “complete failure of corporate controls,” former Enron chief John Ray said in his first detailed filing with the bankruptcy court.

[…]

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Meta Employees, Security Guards Fired for Hijacking User Accounts

November 17, 2022 Erin Slifka Comments Off on Meta Employees, Security Guards Fired for Hijacking User Accounts
Facebook’s parent has fired or disciplined more than two dozen employees and contractors over the last year whom it accused of improperly taking over user accounts.

[…]

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TuSimple Co-Founder Takes Control of Self-Driving Trucking Company

November 16, 2022 Erin Slifka Comments Off on TuSimple Co-Founder Takes Control of Self-Driving Trucking Company
Federal authorities are continuing to investigate the firm’s relationship with a startup tied to Mo Chen, the co-founder.

[…]

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U.S. Business News

  • How Western Automakers Are Losing Their Grip on the Chinese Market
    June 30, 2026 Comments Off on How Western Automakers Are Losing Their Grip on the Chinese Market
  • Inside the Egg Price-Fixing Scandal That Spiked American Grocery Bills
    June 30, 2026 Comments Off on Inside the Egg Price-Fixing Scandal That Spiked American Grocery Bills
  • USDA Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle
    June 30, 2026 Comments Off on USDA Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle
  • Zyn Can Market Itself as Less Harmful Than Cigarettes, FDA Says
    June 30, 2026 Comments Off on Zyn Can Market Itself as Less Harmful Than Cigarettes, FDA Says
  • Ford Recalls More Than 740,000 Vehicles Over Transmission Issue
    June 30, 2026 Comments Off on Ford Recalls More Than 740,000 Vehicles Over Transmission Issue

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  • Ambassador Spotlight: Jamie Strickland, Southwest Missouri Bank
  • Monthly Chamber Membership Renewals
  • June 2026 Ribbon Cuttings
  • Welcome New Members
  • How Western Automakers Are Losing Their Grip on the Chinese Market
  • Inside the Egg Price-Fixing Scandal That Spiked American Grocery Bills
  • City of Joplin to Close Intersection of 20th Street and Central City Road for Construction Beginning July 6
  • USDA Plans to Pay Smaller Meatpackers to Keep Slaughtering Cattle
  • Zyn Can Market Itself as Less Harmful Than Cigarettes, FDA Says
  • Nexus, an OCH Event Center to Host Pasta-Making Class on July 25
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    Joplin Business Outlook, launched by the Joplin Area Chamber of Commerce, is an online business journal for the Joplin business community.   Curated by the Chamber staff, the Joplin Business Outlook is a compilation of news [...]
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