Saturday's attack is the biggest on Saudi oil infrastructure since Saddam Hussein's invasion of Kuwait in 1990.Energyread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
"Blaming Iran won't end disaster. Accepting our April '15 proposal to end war & begin talks may," Zarif said on Twitter.Energyread more
Oil prices are expected to jump as much as $10 per barrel after a coordinated drone strike hit Saudi Arabia's largest oil field, forcing the kingdom to cut its oil output in...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
One of the most exciting privately held companies in Silicon Valley came under fire on Thursday. Theranos has been viewed by some as a revolutionary company, and has been valued at as much at $9 billion in its most recent round of fundraising.
Theranos is a diagnostics company with fast finger-prick blood testing technology that aims to upend the traditional health care establishments by making it easier, less expensive and less uncomfortable to get tested for various conditions.
However the company also has critics, as The Wall Street Journal ran an article about Theranos alleging that the company's proprietary testing devices may be inaccurate. The Journal cited a former employee that claimed that of the 240 tests offered by Theranos, only 15 are actually performed on the company's proprietary Edison diagnostic machine, with the vast majority done on traditional lab equipment.
"That article was pretty brutal," the "Mad Money" host said. A WSJ representative earlier told CNBC the newspaper "fully stands by [author] John Carreyrou's article about Theranos, which was richly sourced and thoroughly researched."
With that in mind, Cramer always likes to make sure both sides of a story are represented. That is why he spoke with Elizabeth Holmes, the founder and CEO of Theranos, to give her a chance to provide her perspective.
The CEO speculated the reason why Theranos has garnered so much attention and scrutiny, stating "This is what happens when you work to change things, and first they think you're crazy, then they fight you and then all of a sudden you change the world," Holmes said. (Tweet this)
Holmes said she was personally shocked to see that The Journal would publish the article, as her company had purportedly sent the WSJ more than 1,000 pages of documentation that allegedly refuted the statements in the story.
Read more from Mad Money with Jim Cramer
"But we are doing things differently and we are working to make a difference and that means people raise questions, and that's okay," she said.
Holmes also added that Theranos offered to bring its technology to The Journal offices; she claimed they turned down that request.