Former Theranos executive Ramesh “Sunny” Balwani found an escape hatch Thursday from the scheduled start of his nearly 13-year prison sentence for a blood-testing hoax he engineered with his former boss and lover, Elizabeth Holmes. Just hours before Balwani was supposed to surrender to authorities, his lawyer filed documents notifying U.S. District Judge Edward Davila…
ESPN’s Ex-top Exec Describes How Soccer’s World Cup Was Lost
NEW YORK—A former ESPN executive underscored how big money corrupted soccer, testifying in U.S. District Court on Tuesday, Feb. 21, that his company’s bid to televise the World Cup might have been sabotaged by two former Fox executives accused of bribing officials to undermine competing offers. ESPN’s former president, John Skipper, told a New York…
Clorox Exec Says No More Price Hikes, Layoffs Coming as It Lifts Annual Profit
Clorox Co. Chief Financial Officer Kevin Jacobsen said on Thursday that the bleach maker has no more price hikes planned through June, and is readying for more layoffs as it looks to recover margins following sky-high inflation. The Pine-Sol manufacturer on Thursday raised its forecast for annual adjusted profit after reporting a surprise rise in…
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