Attorney honored by National Trial Lawyers

Local attorney Brent Goudarzi and his firm, Goudarzi & Young, received top honors from The National Trial Lawyers during the 2021 Trial Lawyers Summit.

Goudarzi was named the 2020 Trucking Trial Lawyer of the year.

“Most recently, in July of 2019, Mr. Goudarzi secured the largest single-plaintiff settlement in American history — $140 million,” an announcement on the award said. “Brent Goudarzi, the founding partner of Goudarzi & Young, L.L.P, exemplifies superior qualifications of influence, leadership and reputation and his practice of being devoted to the representation of victims in catastrophic injury and wrongful death cases is ever-present. The Truck Accident Lawyer of the Year award is bestowed by the prestigious Trial Lawyer Magazine and The National Trial Lawyers Top 100.”

For the third year in a row, Goudarzi & Young received the 2020 Elite Trial Lawyers Award in the category of 18-Wheeler Truck

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Erin Griffith headshot

 

Erin Griffith

On cross-examination, defense replays some portions of the investor call. In this one, Holmes discusses how Theranos was pausing its work on military and pharmaceutical projects in order to focus entirely on the retail rollout.

Erin Griffith headshot

 

Erin Griffith

We’re now going through the technical process of describing how Hall Group wired its investment money to Theranos. This is, after all, a wire fraud case.

Erin Griffith headshot

 

Erin Griffith

One thing mentioned on the investor call which has not been addressed — Holmes noted that there were some early investors who were looking for liquidity. Wonder if we will learn details about whether anyone cashed out along the way and who they were.

Erin Griffith headshot

 

Erin Griffith

Tolbert says Theranos’s purported military work was a big part of why he invested because it spoke to a greater mission. “Theranos wasn’t just about an opportunity to make money … but to do so in a

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By ELAINE KURTENBACH, AP Business Writer

Asian shares were mixed Friday after a late-in-the-day wave of buying pushed the S&P 500 to a fresh record high.

Benchmarks rose in Hong Kong and Tokyo but fell in Sydney and Shanghai.

An official newspaper, the Securities Times, said China Evergrande Group made an overdue bond payment on Friday. The property developer’s struggle to reduce its 2 trillion yuan ($310 billion) of debt to comply with tighter official curbs on borrowing has prompted fears a default might trigger a financial crisis.

Evergrande wired $83.5 million to account for a bond payment that was due Sept. 23, the report said. The company’s Hong Kong-traded shares gained 5%.

Political Cartoons

The Hang Seng in Hong Kong climbed 0.5% to 26,135.17 and the Shanghai Composite index lost 0.3% to 3,583.65.

Tokyo’s Nikkei 225 added 0.6% to 28,892.11 while the Kospi in Seoul gained 0.2% to 3,013.69.

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Working in a day care is a demanding job — but the pay is typically around just $12 an hour, and often without benefits. Many child-care workers have quit during the pandemic, leaving parents without options and struggling to return to work themselves.

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Facebook announced in a statement late Monday that its platforms are “back up and running” after a massive global outage plunged its main site, Instagram and WhatsApp platforms into the dark earlier in the day.

The company said in a blog post that its engineering teams found that “configuration changes on the backbone routers that coordinate network traffic between our data centers caused issues that interrupted this communication. This disruption to network traffic had a cascading effect on the way our data centers communicate, bringing our services to a halt.”

While these platforms are running again, “we’re actively working to fully return them to regular operations.”

“We want to make clear at this time we believe the root cause of this outage was a faulty configuration change. We also have

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Business News in Columbus, OH | The Columbus Dispatch
Columbus program hopes to increase number of homes recycling in Hilltop
New Crew stadium benefited minority firms in Ohio National law firm Epstein Becker Green establishes Columbus office Work begins on another 1-million-square-foot warehouse Architect Mark Feinknopf dies, leaving long legacy in Columbus area Should self-employed Ohioans get unemployment benefits permanently? You can now DoorDash alcohol in Ohio Ohio’s unemployment benefits crisis: Why weren’t we ready? Meet Dispatch business reporter Erica Thompson Home prices still rising, but some positive signs for buyers Former Blue Jacket Dubois sells Downtown condo for $1 million Fed split on raising rates in 2022 Lowest unemployment in Ohio found in three Columbus-area counties Shop early this holiday season, retailers say GM says it will start fixing Bolt batteries in October Landlords
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Today’s top business news includes a ₹2 billion fine imposed by India’s competition regulator on India’s biggest carmaker Maruti Suzuki for anti-competitive practices related to dealer discounts, and the halting of over 40 IPOs by China amid a regulatory probe. Separately, Bitcoin jumped above $50,000 for the first time since May, while equity index Sensex ended 226 points higher.

5:05 P.M.

Branson’s Virgin Orbit to list through SPAC merger at $3.2 billion valuation

Virgin Orbit, the satellite launch service part of billionaire Richard Branson’s conglomerate, said on Monday it is going public through a merger through an SPAC vehicle, in a deal that values it at $3.2 billion, Reuters reported.

The deal with NextGen Acquisition Corp II also includes a private investment in public equity of hundred million dollars from parties such as Boeing Co and AE Industrial Partners.

4:36 P.M.

Maruti Suzuki fined ₹2 billion over dealer discount policy

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The Taliban’s takeover of Afghanistan is raising new fears for financial experts closely watching the country’s already fragile cash-based economy.

The Afghan currency, the Afghani, has fallen to record lows, according to Bloomberg. The Afghan United Bank, which had been publishing regular Afghani exchange rates on Facebook, stopped doing so on Thursday. A day earlier, Ajmal Ahmady, the acting governor of the central bank of Afghanistan, tweeted that he had fled the country.

All of that came after a rush on local cash withdrawals was reported and Western Union announced that it was suspending money transfer services to Afghanistan “until further notice.” Western Union spokesperson Rachel Rogala referred to the company’s tweet, declining further comment. MoneyGram also appears to have halted its services, and it didn’t respond to a request for comment.

A Taliban fighter stands by a kiosk selling sugarcane juice at a market area in the Kote Sangi
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Satya Nadella, CEO of Microsoft.

Charles Pertwee | Bloomberg | Getty Images

Microsoft said Thursday it will raise the prices of commercial subscriptions to its Microsoft 365 bundles of productivity apps such as Word and Excel, formerly known as Office 365.

The price hikes will boost Microsoft’s total revenue and profit, given the Office line remains the company’s top product in terms of sales, and most Office revenue is tied to business use. While Microsoft still sells licensed versions of Office for use on premises, the company has been getting the majority of commercial Office revenue from subscriptions since 2017.

This marks “the first substantive pricing update since we launched Office 365 a decade ago,” Microsoft 365 corporate vice president Jared Spataro wrote in a blog post. The bundle has expanded to include the Teams communication app, the Whiteboard collaboration app and Power Platform application-development tools for non-developers, among other

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