Business Gist Today

Tuesday, 4 January 2022

Posted by Unknown - 06:55

The Daily Money: Elizabeth Holmes convicted; save on your wireless bill

ALL THE MONEY NEWS YOU NEED TO KNOW

Tuesday, January 4

Good morning and happy Tuesday, Daily Money readers. Hope your post-holiday re-entry went smoothly. Jayme Deerwester back with you.

Former Theranos CEO Elizabeth Holmes was convicted on four counts of fraud and conspiracy Monday, ending a lengthy trial that has captivated Silicon Valley. From 2010 to 2015, Holmes was a Silicon Valley sensation, and her fortune was once estimated at $4.5 billion.

She had raised $900 million in funding based on a false promise that Theranos' technology would revolutionize health care with simple, cheap and easily accessible blood testing, requiring only a finger prick instead of multiple vials of blood to check for multiple health issues. Holmes, 37, could face up to 20 years in federal prison.

On to ...

💡 TODAY'S INSIGHT: Looking to trim your wireless expenses in 2022? Your wireless carrier's site won't advertise this possibility, but you can drop your service and keep using its network by switching to a reseller that uses the same company's network, such as Visible (Verizon), Metro (T-Mobile) or Cricket and Consumer Cellular (AT&T). But you have to be prepared to live without some perks.

Other stories you won't want to miss:

Are flights still being canceled? Yes. More than 1,100 cancellations so far Tuesday.

'That's what I get for $7,500?' Used-car buyers balk at astronomical prices.

Food news. Starbucks brings back the pistachio latte; Chipotle rolls out plant-based chorizo.

Turning 65 in 2022? You're eligible to claim Medicare and Social Security. But should you?

End of an era. Royal Caribbean Group's Richard Fain steps down after 33 years as CEO.

MOOD MUSIC. Today's song comes from Pink Floyd's David Gilmour and goes out to anyone who found themselves stuck in an airport over the past few days: "There's no way out of here. When you come in, you're in for good."

Elizabeth Holmes leaves the federal court in San Jose, Calif. on Sept. 8, 2021.

Former Theranos CEO Elizabeth Holmes convicted of fraud and conspiracy

The former Theranos CEO was convicted on four counts of fraud and conspiracy Monday after a lengthy trial in California.

Travel headaches continue with 1,200+ cancellations Tuesday

People check flight information at Miami Internati

Starbucks Pistachio Latte is back for winter

Chipotle releases new plant-based chorizo

Chipotle's plant-based chorizo is available for a

Turning 65 in 2022? Here's what you should know

Royal Caribbean Group CEO steps down after 33 years

How do I prepare for a group job interview? Ask HR

Woman shaking hands with job interviewers

Used-car buyers balk at astronomical prices

Since the pandemic started, used vehicle prices ha

Apple soars past $3 trillion in value for a moment Monday

Apple MacBook Pro 13 vs. MacBook Pro 14: Which is

Make the most of your new tech toys with these 6 tips and tricks

Make your iPhone-owning friends jealous with this

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Monday, 3 January 2022

Posted by Unknown - 07:01

The Daily Money: Should you sell your Disney stock?

The Daily Money

ALL THE MONEY NEWS YOU NEED TO KNOW

Monday, January 3

Good morning, happy Monday and welcome to the first business day of 2022, Daily Money readers. Jayme Deerwester back with you after vacation and going slightly overboard on kitchen equipment at various end-of-year sales. I regret nothing – especially not my blue-steel KitchenAid mixer, which I have dubbed Derek Zoolander.

COULD BE WORSE. NOT SURE HOW, BUT IT COULD BE. Disney is at risk of losing control of some of the company's most beloved characters in 2022. Winnie the Pooh, Eeyore, Tigger, Piglet, Kanga and Roo are scheduled to enter the public domain. These iconic stories and characters are woven into the tapestry of Disney's success, delighting generations of fans in the process. But the sun is setting on copyright protection for the earliest of the stories, which first appeared in 1926.

By the way, if you have Disney stock in your retirement portfolio, don't make this mistake.

On to ...

💡 TODAY'S INSIGHT: A new year always means a new set of circumstances. Today, COVID still dominates daily life, inflation is raging and the stock market beckons. There's a lot for investors to consider, so let's get to some surefire smart money moves to start the new year right. Pop the cork on these seven tips.

Other stories you won't want to miss:

Still clinging to a BlackBerry? Devices will stop working normally after Tuesday.

CES 2022 preview. The metaverse, NFTs and a self-driving tractor? Plus more virtual events.

Enough is enough. How to stop advertisers from tracking your every move online.

Best Buy bargains. See the store's deals on top-tier gear from Samsung and Sony.

Oh no. Are flight cancellations and delays the new normal this winter?

MOOD MUSIC. Financial advisers would probably caution against Sting's plan of action here, but I'm starting out the new year with "Brand New Day" anyway: "Why don't we turn the clock to zero, honey? I'll sell the stock, we'll spend all the money. We're starting up a brand new day."