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  • Is The Stock Market Open On Thanksgiving And Black Friday?
    Investor's Business Daily

    Is The Stock Market Open On Thanksgiving And Black Friday?

    Is the stock market open on Thanksgiving and Black Friday? The New York Stock Exchange, Nasdaq and bond markets are fully closed on Thursday, Thanksgiving Day. On Black Friday, Nov. 27, the stock markets close early, at 1 p.

  • Elizabeth Holmes Doesn't Want Jury To Hear How Much She Made, Court Filings Show

    Elizabeth Holmes Doesn't Want Jury To Hear How Much She Made, Court Filings Show

    Elizabeth Holmes, the former CEO of Theranos, wants to block information on her previous income and "luxurious" spending from being revealed in court, CNBC has reported.What Happened: Holmes' defense attorneys filed a motion to exclude reports showing her earnings and spending, because they might turn the jury against the defendant."The jury should not be subjected to arguments regarding Ms. Holmes' alleged purchase of luxury travel, 'fine wine,' or 'food delivery to her home,'" CNBC quoted the defense team saying in their motion."Many CEOs live in luxurious housing, buy expensive (vehicles) and clothing, travel luxuriously and associate with famous people -- as the government claims Ms. Holmes did."Holmes had a private jet and several assistants for "running her errands," according to CNBC.Why It Matters: Holmes is facing dozens of felony fraud charges and up to 20 years in prison.She and her partner Ramesh Balwan, a former president and chief operating officer at Theranos, told investors, board members and the general public that the company's products in development would be able to diagnose any disease, including cancer and diabetes, from just one drop of blood.Privately valued at one point at $9 billion, the startup was exposed by a Wall Street Journal investigation and ensuing public scrutiny that revealed the technology was nonexistent.The trial is scheduled to begin on March 9, 2021, in San Jose.Image: WikicommonsSee more from Benzinga * Click here for options trades from Benzinga * Wish Files For IPO, Acknowledges Challenges In Its China-Rooted Supply Chain * Apple Is Trying To 'Water Down' Bill Against Forced Labor In China: Washington Post(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Business

    Morning Bell With Jim Cramer: Buy General Electric

    Jim Cramer shares insights about buying General Electric, Arcturus vaccine, and Roblox filing to go public.

  • Business

    A Tiny Electric Vehicle From China Is on a Wild Ride in the Market

    Its market capitalization is a modest $932 million, and last year it reported barely selling any electric cars. It has been a bumpy ride, The stock nearly doubled in the first four days of the past week, after an announcement from the Texas Commission on Environmental Quality that two models that Kandi plans to launch in the U.S. qualify for tax rebates. Then, on Friday morning, the shares plunged more than 20% after the company said it would raise $100 million through a private placement of stock—the second market-jolting placement in two weeks.