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Oil Prices Ease as US Drilling Gains Momentum

Oil futures have retreated as of early Monday morning, reflecting solid gains in US drilling and extraction, as well as solid demand for crude from overseas. Kristian Rouz — International oil prices are declining as traders expect higher production in the US, stemming…

Theranos founder to pay $500K after ‘massive fraud’

Elizabeth Holmes, a Stanford University dropout once billed as the “next Steve Jobs,” has forfeited control of Theranos, the blood-testing startup she founded, and will pay $500,000 to settle charges that she oversaw a “massive fraud.” Under an agreement with…