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Theranos CEO Elizabeth Holmes charged with criminal fraud

Federal prosecutors indicted Elizabeth Holmes on criminal fraud charges for allegedly defrauding investors, doctors and the public as the head of the once-heralded blood-testing startup Theranos. Federal prosecutors also brought charges against the company’s former second-in-command.

Apple closing iPhone security gap used by law enforcement

UPDATED: Thu., June 14, 2018, 4:32 p.m.

Apple is closing a security gap that allowed outsiders to pry personal information from locked iPhones without a password, a change that will thwart law enforcement agencies that have been exploiting the vulnerability to collect evidence in criminal investigations.

Samsung joins global pledge to increase renewable energy use

Samsung Electronics Co., the world’s biggest smartphone maker, joined on Thursday a growing list of companies that are promising to increase their use of solar and other renewable energy to help curb global warming.

Regulator found 20,000 bad accounts at major banks. We still don’t know which ones

The nation’s top bank regulator told members of Congress on Wednesday that his agency found about 20,000 accounts that may have been opened without customers’ authorization or had other problems during a review of the nation’s largest financial institutions prompted by the Wells Fargo & Co. scandal.

Stocks slip after Fed says interest rates will rise faster

UPDATED: Wed., June 13, 2018, 3:55 p.m.

U.S. stocks slipped Wednesday after the Federal Reserve raised interest rates and said it expects to increase rates two more times by the end of the year. Investors bet that several huge deals are more likely to happen after a federal court cleared AT&T’s $85 billion purchase of Time Warner.