Theranos founder Elizabeth Holmes found guilty in fraud trial

Pear Therapeutics Still In Search Of New Highs, Gains 27%

Pear Therapeutics, Inc. (PEAR) shares are trading more than 27 percent higher on Monday morning, continuing a bullish trend, despite no corporate announcement on the day.

Currently, shares are at $7.91, up 27.56 percent from the previous close of $6.20 on a volume of 3,518,981. The shares have traded in a range of $4.85-$14.60 on average volume of 388,239 for the last 52 weeks.

Gold Futures Settle Sharply Lower As The Dollar Climbs

Gold futures settled at a near two-week low on Monday, as the dollar climbed higher against other major currencies, and global equities moved up with optimism about growth outweighing concerns about the surge in coronavirus cases.

Higher bond yields and a firmer dollar weighed on the metal’s safe-haven appeal amid bets that the Omicron variant of coronavirus won’t inflict much damage on the global economy.

Deaths and hospitalizations from the Omicron variant are comparatively low, leading many governments to stop short of lockdowns.

The dollar index, which climbed to 96.33, pared some gains subsequently, and was up 0.27% at 96.22.

The yield on U.S. 10-year Treasury Note climbed to 1.629%.

Gold futures for February ended down by $28.50 or about 1.6% at $1,800.10 an ounce, the lowest settlement since December 21.

Silver futures for March ended lower by $0.542 at $22.810 an ounce, while Copper futures for March settled at $4.4215 per pound, down $0.0420 from the previous close.

A Korean Tasting Menu With Verve and Polish, at Jua

Hoyoung Kim joins a number of Manhattan chefs serving a modern, worldly vision of the cuisine.

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Smoke, but No Barbecue

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By Pete Wells

Stock Up on Frozen Dumplings From Fly by Jing

The company is offering two kinds of half-moon dumplings, made in California.

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By Florence Fabricant

No Need for Another Spoon

Sur La Table offers new kitchen tools, including a teak mixing spoon that incorporates a tasting spoon in the handle.

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By Florence Fabricant

Add a Bit of Winter Forest to the Table

Ilex Studio offers beeswax candles in a variety of colors, cast from leafless tree branches.

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By Florence Fabricant

Savannah Bee Company’s Honey Gets a Little Heat

The company’s mellow wildflower honey is infused with Scotch bonnet and habanero chiles.

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By Florence Fabricant

How Do You Take Your Caffeine?

Explorer Cold Brew Concentrate from Brooklyn offers coffee with no-caf, low-caf, regular caf and extra caf options.

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By Florence Fabricant

Theranos founder Elizabeth Holmes found guilty in fraud trial

A US jury on Monday (US time) found Theranos founder Elizabeth Holmes guilty of conspiring to defraud investors in the blood testing startup.

Holmes was found guilty on four of eleven counts.

Elizabeth Holmes was found guilty on four of eleven counts.Credit:AP

Prosecutors said Holmes, 37, swindled private investors between 2010 and 2015 by convincing them that Theranos’ small machines could run a range of tests with a few drops of blood from a finger prick.

Holmes rose to Silicon Valley fame after founding Theranos in 2003.

More to come

Reuters, AP

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