Jan 18, 2017

Second Theranos lab failed inspection

Steve Jurvetson / Flickr Creative Commons

WSJ reports that Theranos failed a major inspection by the Centers for Medicare and Medicaid Services of its only active lab last September. Its other lab failed a similar inspection in late 2015, and the company subsequently had its testing license revoked in California.

Now what? Since the first report from the Journal in Oct. 2015, Theranos has unraveled—voiding test results, federal investigations, a ban on its CEO from running a lab for two years. While the company could potentially find success with its new business model, its reputation might be too tarnished. Today, Theranos has become the Silicon Valley poster child for fraud.

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Coronavirus spreads to more countries, and South Korea ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. South Korea's confirmed cases jumped from 204 on Friday to 433 on Saturday.

The big picture: COVID-19 has now killed at least 2,362 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

Go deeperArrowUpdated 2 hours ago - Health

Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins

Bernie Sanders rallies in Las Vegas, Nevada on Feb. 21. Photo: Mario Tama/Getty Images

Center-left think tank Third Way urgently called on the Democratic front-runners of the 2020 presidential election to challenge Sen. Bernie Sanders on the South Carolina debate stage on Feb. 25, in a memo provided to Axios' Mike Allen on Saturday.

What they're saying: "At the Las Vegas debate ... you declined to really challenge Senator Sanders. If you repeat this strategy at the South Carolina debate this week, you could hand the nomination to Sanders, likely dooming the Democratic Party — and the nation — to Trump and sweeping down-ballot Republican victories in November."

Situational awareness

A combine in Rippey, Iowa harvests soybeans in October 2019. Photo: Joe Raedle/Getty Images

Catch up on today's biggest news:

  1. U.S. soybean stockpiles expected to drop as exports rebound, USDA says
  2. Warren Buffett releases annual letter, reassures investors about future of Berkshire Hathaway
  3. Centrist Democrats beseech 2020 candidates: "Stand up to Bernie" or Trump wins
  4. Reports: Facebook offers up to $5 for voice recordings
  5. Greyhound bars immigration sweeps