Transocean is set to acquire the offshore drilling firm Valaris for about $5. 8 billion, a deal that will expand the combined company’s fleet to 73 rigs worldwide. The purchase comes at a time when oilfield services are looking for ways to cope with tighter budgets and higher operating costs. The t
A rate of almost thirty percent on a credit card is more than just high—it can trap you in a long‑term debt cycle. Those numbers, once rare, now appear on many statements because issuers have raised risk prices across the board. Even a modest 2. 5 percent monthly interest adds up quickly, especially
Bain Capital Specialty Finance, Inc. has just taken a big step. They're issuing $350 million in senior unsecured notes. These notes come with a BBB rating and a stable outlook. The money raised will go towards general corporate needs and paying off some existing debts. So, what makes this move note
Mexico is buzzing with excitement as BTS, the globally adored K-pop group, prepares for their upcoming world tour. The demand for tickets is off the charts, with around 1 million eager fans hoping to catch a glimpse of the band. However, only 150, 000 tickets are up for grabs, leading to a massive f
Databricks, a major player in the data analytics field, has just secured a massive $1. 8 billion in new debt. This brings their total debt to a staggering $7 billion. The company isn't talking about it, but the numbers speak for themselves. Databricks is one of the top tech companies expected to go
In a troubling event, a young man became the target of a hate-driven attack on a Brooklyn train. The incident unfolded early on a Saturday morning, around 5 a. m. , near the Lorimer Street station in Williamsburg. The suspect, described as a man with a dark complexion, was last seen wearing a black
The Education Department has decided to pause certain collection actions for some federal student loan borrowers. This move gives those in default a bit of a break while the government works on updating loan repayment and forgiveness programs. This pause means that actions like wage garnishment and
Strive, a financial firm launched in 2022, is aiming to gather up to $150 million by selling special shares called Variable Rate Series A Perpetual Preferred Stock, labeled SATA. This money will be used to pay off some of its debts and buy more Bitcoin. The company has a subsidiary called Semler Sc
North Carolina made a bold move. It cleared medical debt for 2. 5 million people. This happened because of a deal with all 99 hospitals in the state. They agreed to cancel old debts and offer discounts to those who qualify. Dawn Daly-Mack, a nurse from Gaston, got a surprise. She found a letter in
Genesis Health, a company that runs nursing homes, just got the green light to sell its facilities. The buyer is NewGen Health, a company from California. This deal is worth $1 billion. It's a big change for Genesis Health, which has been struggling with money problems. The sale got approved by a j
