FINANCIAL LOSS

Feb 27 2026CRYPTO

Trump Sons’ Bitcoin Company Loses $59 Million in Fourth Quarter

American Bitcoin, a mining firm linked to former President Donald Trump’s sons, posted a $59. 45‑million loss in the last quarter of 2025. The company earned a profit of $3. 48 million in the same period last year and had made money in the previous quarter, showing a sharp reversal. Revenue cl

reading time less than a minute
Feb 11 2026BUSINESS

Ford Faces Record Loss as Electric Drive Stumbles

Ford’s latest earnings reveal the biggest quarterly hit in four years, with a net loss of $8. 2 billion for 2025 – the worst since the 2008 downturn. The blow comes largely from its electric vehicle (EV) arm, which posted a $4. 8 billion loss this year. Sales of EVs fell sharply after the U. S

reading time less than a minute
Jan 29 2026BUSINESS

Streaming Gains and Growing Pains

The streaming service Peacock has seen a significant increase in its user base, adding 3 million new subscribers in the last quarter of 2025. This brings its total subscriber count to 44 million. However, this growth comes with a cost. The company reported a substantial loss of $552 million during t

reading time less than a minute
Jan 28 2026BUSINESS

Agilon Health Investors: Time to Take Action

Agilon Health is in hot water, and investors need to pay attention. The company is facing a lawsuit, and those who bought shares between February and August 2025 might be affected. The lawsuit claims Agilon made some big promises it couldn't keep, like overestimating its financial goals for 2025 and

reading time less than a minute
Jan 17 2026CRYPTO

A Massive Crypto Heist: How a Simple Trick Led to a $282M Loss

In a shocking turn of events, a crypto enthusiast recently lost a staggering $282 million in Bitcoin and Litecoin. This happened because of a clever trick known as social engineering. On January 10, 2026, around 11:00 pm UTC, the victim was fooled into sharing their seed phrase. This seed phrase was

reading time less than a minute
Jan 15 2026CRYPTO

Crypto Scams Hit Record High in 2025: AI and Tricks to Blame

In 2025, crypto scams reached an all-time high, with losses hitting a staggering $17 billion. This surge wasn't just about more scams but smarter, more convincing ones. The average amount lost per scam jumped to $2, 764, a huge leap from $782 the previous year. AI and impersonation tactics played a

reading time less than a minute
Jan 12 2026CRYPTO

The Crypto Rollercoaster: How Politics and Power Plays Shaped the Market

Charles Hoskinson, the mastermind behind Cardano, has had a rough ride in the crypto world. Over the past four years, he's seen his investments drop by a staggering $2. 5 billion. But he's quick to point out that it's not the tech that's to blame. He believes it's the government's heavy hand that's

reading time less than a minute
Jan 08 2026BUSINESS

Pittsburgh's News Landscape Takes a Hit

Pittsburgh is about to lose a major part of its news scene. The Pittsburgh Post-Gazette, the city's biggest newspaper, is shutting down in May. The Block family, who own the paper, say they've lost over $350 million in the last 20 years. They regret the impact but say they're leaving with their head

reading time less than a minute
Jan 05 2026EDUCATION

The Big Problem with Indonesia's Chromebook Deal

In Indonesia, a former education minister is in hot water. The issue? A deal involving Chromebooks for schools. The government says this deal cost them a lot of money. We're talking about 2. 1 trillion rupiah. That's around $125 million. A lot of money, right? The trial is happening in Central Jaka

reading time less than a minute
Jan 02 2026CRYPTO

Crypto Hacks Take a Dip: What's the Catch?

In December, the crypto world saw a big drop in hacking losses. The total amount stolen fell to $76 million, which is a 60% decrease from November's $194. 2 million. This news comes from PeckShield, a company that keeps an eye on blockchain security. Even though the total loss went down, there were

reading time less than a minute