SAN JOSE, Calif. (Reuters) -Theranos founder Elizabeth Holmes arrived at a California court on Monday to testify for a fourth day at her fraud trial, where she has portrayed herself as an entrepreneur who faced challenges in an attempt to reshape the blood-testing industry. Holmes, 37, has pleaded not guilty to nine wire fraud counts and two conspiracy counts. Once valued at $9 billion, Theranos vaulted Holmes, a Stanford University dropout, to Silicon Valley stardom.
(Bloomberg) -- A Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by failing to properly monitor opioid prescriptions, the drug industry’s latest loss in the expanding litigation over the painkillers.Most Read from BloombergBillionaire Family Feud Puts a Century-Old Business Empire in JeopardyAsia’s Richest Man Looks to Walton Family Playbook on SuccessionThe 24-Year-Old Aiming to Dethrone Victoria’s SecretThe Winners
CLEVELAND (Reuters) -Lawyers for pharmacy chains including CVS and Walgreens on Monday argued they were not to blame for the U.S. opioid epidemic, as jurors prepared to consider whether to hold them responsible for the devastation the drug crisis caused in two Ohio counties. Mark Lanier, a lawyer for Lake and Trumbull counties, told a federal jury in Cleveland that a verdict in the case against CVS Health Corp, Walgreens Boots Alliance Inc and Walmart Inc would have ramifications across the country.