FINANCIAL STRUGGLES

Advertisement
Nov 27 2024POLITICS

Rudy Giuliani’s Courtroom Outburst: Unable to Pay Bills

In a heated courtroom exchange, former New York Mayor Rudy Giuliani, now 80, vented his frustrations, admitting he couldn't pay his bills. This dramatic moment happened during a federal court hearing in Manhattan, where Giuliani was dealing with a massive $150 million judgment for defamation. Two Ge

reading time less than a minute
Nov 14 2024BUSINESS

What Happens to Your DNA Data if 23andMe Sinks?

You've sent your saliva to 23andMe for genetic testing, but what happens if the company runs into trouble? Recently, 23andMe announced they're letting go of 40% of their staff. After their board resigned last year, the company's stock nosedived, raising doubts about its future. CEO Anne Wojcicki say

reading time less than a minute
Nov 02 2024BUSINESS

TGI Fridays’ Bankruptcy: A Struggle for Survival

In a surprising turn of events, TGI Fridays, the iconic restaurant chain, has filed for bankruptcy protection. This move comes after the company faced a series of setbacks, including the closure of numerous branches across the United States. The primary cause for this financial struggle, according t

reading time less than a minute
Oct 15 2024BUSINESS

Walgreens to Close Doors: 1,200 Stores Shutting Down by 2025

Imagine walking into your local Walgreens store and finding it closed. That's what will happen to 1,200 Walgreens stores across the country by 2025. Why? The company wants to save $1 billion. High inflation and low drug reimbursements are hurting their profits. This year, Walgreens' stock hit a 30-y

reading time less than a minute
Oct 15 2024BUSINESS

Walgreens to Close 1,200 Stores in Major Revamp

Walgreens has decided to shut down around 1,200 of its stores over the next three years. This move is part of the company's strategy to improve its struggling U.S. business. The first 500 closures are expected to happen this fiscal year and should positively impact the company's earnings and cash fl

reading time less than a minute
Oct 06 2024BUSINESS

Truth Social's COO Steps Down Amid Share Transfer Ruling

Recently, there's been some shake-ups at Truth Social, the social media platform started by former President Donald Trump. The company just lost its chief operating officer, Andrew Northwall, who resigned last month. This news came along with another big change - a court ruling that requires the com

reading time less than a minute
Oct 06 2024BUSINESS

Truth Social's COO Steps Down as Company Faces Share Release and Financial Struggles

A top executive at Trump Media & Technology Group Corp. has left the company, and a court ruling has ordered the release of nearly 800,000 shares to an early investor. The COO's departure comes as the company grapples with financial losses and tries to boost its revenue. Truth Social, the social med

reading time less than a minute
Sep 23 2024POLITICS

Harris Rises: A New Era of Leadership in the Making?

As the 2024 election season heats up, a new NBC News poll reveals a significant shift in voter sentiment, with Vice President Kamala Harris leading former President Donald Trump by 5 percentage points among registered voters. This surprising turn of events is not without its precedents – Harris's fa

reading time less than a minute
Sep 17 2024BUSINESS

Boeing's Financial Woes: A Perfect Storm of Layoffs and Contract Disputes

Boeing, one of the world's largest aerospace companies, is facing a perfect storm of financial woes, layoffs, and contract disputes. The company has announced plans to freeze hiring, reduce travel, and consider temporary layoffs to save cash during a factory workers' strike that began last week. The

reading time less than a minute
Aug 27 2024FINANCE

Athletes Turn to OnlyFans: A Gold Rush Amid Olympic Financial Struggles

In a desperate bid to fund their Olympic dreams, athletes are flocking to OnlyFans, a platform infamous for its explicit content. With the Olympic funding system under scrutiny, many athletes are left with no choice but to sell images of their bodies to subscribers just to make ends meet. As the Gam

reading time less than a minute