Müvezzi - International (English)

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A current content platform on economics, finance, and the business world.

  1. 1d ago

    Theranos stories surge as Elizabeth Holmes documentary tops US charts

    Nathan Fielder’s documentary, “You Can See Everything,” focusing on Elizabeth Holmes, has topped the charts as the most successful documentary in the United States in 15 years, just two weeks after debuting. The movie, which was directed alongside Lance Oppenheim, has prompted renewed interest in previous coverage of Holmes and the downfall of Theranos. John Carreyrou’s book “Bad Blood” has climbed back onto bestseller rankings. The ABC News podcast titled “The Dropout,” led by Rebecca Jarvis, has seen a 900 percent surge in listenership, while the Disney and Hulu show with the same name has experienced a 700 percent rise in viewers. That series, made available in 2022, now ranks at number 47 on IMDb’s list of popular TV programs. The TV and podcast series examine Holmes’s ascent and the disparity between her assertions and the capabilities of Theranos’s blood-testing technology. In one episode of the podcast, a statement that a single drop of blood could be used for any lab test is contrasted with Holmes’s deposition in which she admitted she was unsure how many tests the machine could actually run. The article also highlights inaccurate results for major health issues, monitoring of employees, and the company's reliance on outside equipment. Holmes received over 11 years in prison for deceiving investors, although her sentence has been cut multiple times since then. The article mentions that the company’s previous chief scientist, Ian Gibbons, took his own life before he was scheduled to give testimony, while advising against attributing full responsibility for his death to Theranos. https://muvezzi.com/en/elizabeth-holmes-mania-how-the-buzziest-film-of-the-year-has-resurrected-a-gut-twisting-tv-drama-29929

    Theranos stories surge as Elizabeth Holmes documentary tops US charts
  2. 1d ago

    Flávio Bolsonaro misses passport deadline as reports say he went to Argentina

    Far-right senator Flávio Bolsonaro has been out of sight since Monday and failed to hand over his passport to federal police by eleven a.m. on Tuesday as required. A Supreme Court judge had revoked the passport minutes after Sunday’s presidential election, in a ruling related to a criminal case against the senator. Argentine media reported that Bolsonaro had gone to Argentina, though accounts varied on whether he crossed the border on foot or planned to board a private jet. The aircraft did not depart. Since there is no record of him passing through a regular Brazilian immigration checkpoint, federal police are asking Argentine officials whether he entered the country. Bolsonaro has yet to concede defeat to Luiz Inácio Lula da Silva. In a video released on Monday, he said he had never thought about leaving Brazil. Authorities are investigating Bolsonaro for possible involvement in a reported money-laundering scheme tied to betting companies, worth about 680 million pounds, or 905 million dollars. Political scientist Magna Inácio said the election could leave a power vacuum on the right. Camila Rocha said influence could move away from Jair Bolsonaro’s sons. Flávio received 48.21 percent of the vote; analysts cited in the article viewed this as both an anti-Lula vote and support for Jair Bolsonaro’s chosen candidate. The article also says Michelle Bolsonaro and two of Jair Bolsonaro’s other political sons may be part of a struggle over the Bolsonaro legacy. https://muvezzi.com/en/flavio-bolsonaro-rumoured-to-have-fled-brazil-after-presidential-election-loss-29827

    Flávio Bolsonaro misses passport deadline as reports say he went to Argentina
  3. 1d ago

    You Can See Everything earns $19.5 million in second weekend

    The film *You Can See Everything*, directed by Lance Oppenheim and Nathan Fielder, saw a 25 percent increase in its second weekend, earning an additional 19.5 million dollars. Its North American total has surpassed 45 million dollars, making it one of A24’s biggest films. The documentary looks at Elizabeth Holmes, described in the article as a famed med-tech scammer. It could reach 100 million dollars in North America, a mark previously achieved by only one other documentary, Michael Moore’s *Fahrenheit 9/11*. At a New York screening, several young viewers said they were drawn by Fielder’s comedy, Holmes’s notoriety and social media clips that led them to see the film as a cultural moment. Some said it seemed unlike other films in theaters and needed to be experienced firsthand, without spoilers. Audience reactions shifted between laughter and discomfort, and viewers interviewed afterward often said they were unsure what to think. Because the film opened in fewer than a thousand theaters, it was not subjected to the usual CinemaScore polling. Another polling service, PostTrak, showed highly positive results. The article leaves open whether the film’s success reflects audiences’ willingness to engage with more challenging material or the greater leeway audiences give projects associated with television. https://muvezzi.com/en/a-cultural-moment-smash-hit-doc-you-can-see-everything-continues-to-dazzle-america-29464

    You Can See Everything earns $19.5 million in second weekend
  4. 1d ago

    Toynbee urges Burnham to raise taxes on banks in first budget

    Polly Toynbee argues that Andy Burnham should increase taxes on banks in his first budget. She notes that the budget is billed as unradical, yet highlights proposals such as capped bus fares and an average £45 reduction in VAT on electricity bills. The UK's four largest banks reportedly made £13 billion in profits during the first half of the year, up 16 percent from the same period last year. Toynbee says restoring the banks’ corporation tax surcharge to its original rate of 8 percent, from the current 3 percent, could raise £2 billion. She argues this is too little compared with the damage caused by the financial crisis. Toynbee also describes earlier warnings from JPMorgan chief executive Jamie Dimon that higher taxes could affect the bank’s UK investments. In 2009, after Chancellor Alistair Darling imposed a 50 percent levy on bankers’ bonuses above £25,000, Dimon warned that the bank might reconsider its UK investments. Darling did not back down, and JPMorgan built its London office and continued buying UK government debt. Toynbee says a bank payroll tax, paid by the banks rather than bankers, raised an estimated £2.3 billion in four months before it was dropped. She adds that Dimon visited Downing Street last month to warn against a tax increase, while Burnham only briefly joined the meeting. The columnist argues that resisting pressure from banks would show the direction of Burnham’s government. https://muvezzi.com/en/my-advice-for-burnhams-first-budget-hit-the-banks-and-hit-them-hard-polly-toynbee-29591

    Toynbee urges Burnham to raise taxes on banks in first budget

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A current content platform on economics, finance, and the business world.