TORONTO Greater Toronto Area (GTA) home prices fell in July for the second straight month and home sales

By Richard Cowan and Leah Douglas WASHINGTON Democrats in the U.S. Congress expressed frustration with President Joe Biden's

Alibaba Group Holding Ltd. plans to reorganize its internal employee ranking system, prolonging the promotion period of mid-level

Bill Ford, the executive chair of Ford Motor Company made his first public comments since negotiations began with the United Workers Union and the Big Three automakers. He called on the UAW to "stop this now," and bring an end to talks.

A coalition of activist groups and researchers has released a report it hopes will increase pressure on agribusiness giant Cargill to do more to fight deforestation and human rights abuse

YouTuber MrBeast is suing the company behind his virtual burger restaurant MrBeast Burger for $10

Severe Typhoon Saola began to weaken and gradually depart Hong Kong, after bringing hurricane-force winds and heavy rain

Disgraced Theranos founder Elizabeth Holmes is about to begin her 11-year prison sentence after being found guilty of defrauding investors, including media mogul Rupert Murdoch, over fake claims about the company’s blood-testing capabilities. As well as being handed jail time over her role in misleading investors, Holmes was also ordered to pay $452m in restitution. Follow the latest updates live “This is a fraud case where an exciting venture went forward with great expectations and hope, only to be dashed by untruth, misrepresentations, hubris, and plain lies,” Judge Davila, presiding over the case, said before handing down the prison sentence to Holmes. “I suppose we step back and we look at this, and we think, what is the pathology of fraud? Is it the inability or the refusal to accept responsibility or express contrition in any way? Now, perhaps that is the cautionary tale that will go forward from this case.” Ahead of being sentenced, Holmes, who has long maintained she did not intend to defraud anyone, told the court: “I am devastated by my failings. “Every day for the past years I have felt deep pain for what people went through because I failed them. I regret my failings with every cell of my body.” Where will Holmes serve her sentence Holmes, who requested 18 months of house arrest as a punishment, will begin her sentence at Federal Prison Camp Bryan in Texas – an all-female facility 100 miles from Holmes’ hometown. The minimum security prison houses around 500 inmates, and runs a variety of programmes intended to prepare prisoners for life after incarceration, according to Camp Bryan’s handbook. Holmes’ day will begin at 6am, when inmates are woken up for meals and work; people failing to comply with the strict wakeup rules are subject to punishments. Inmates are then counted at five different times during the day, when they must assemble in specific areas (once again, punishments are doled out to those who are not present at these times). The prison features a study, game room, and work programmes that see all inmates take part in a six-week course on the importance of efficiency in the workplace before they are placed into a role – with some prisoners earning as little as $0.12 in some assignments. According to the handbook, “All designated inmates are required to develop a financial plan to meet their financial obligations”, which for Holmes will mean reparations of $452m. How will Holmes keep in touch with her family? Holmes is married to Billy Evans, and the pair have two children, William, 2, and newborn Invicta. She lives around 100 miles from her family, who will be permitted to visit at weekends. Inmates at Camp Bryan are also permitted to take part in video sessions with their friends and family, according to the handbook, as well as to send and receive text messages. Prior to beginning her sentence at Camp Bryan, Holmes spent the weekend with her husband and children at the beach.

Warren Buffett's company continues selling off its stake in Chinese electric car manufacturer BYD and now holds less than 10% of that company's stock

Stellantis is reporting progress in talks with the United Auto Workers union with just three days left before contracts expire with Detroit’s three automakers

MANILA The International Monetary Fund (IMF) cut its economic growth forecast for the Philippines this year to 5.3%

FRANKFURT Euro zone consumers expect inflation to keep slowing in the next months and years but remain pessimistic