Saudi Arabia's Public Investment Fund (PIF) recently made headlines with a massive $55 billion deal to acquire EA, the company behind popular games like Battlefield 6 and EA Sports FC. However, this move has raised eyebrows, as reports suggest that the PIF is now struggling to find more money to spend. The PIF has been on a spending spree, investing in a variety of ...
A Boston-based biotech company, Sensei Biotherapeutics, is going through some major changes. They have let go of most of their workers. This is not the first time they have done this. They did something similar last year. Now, they are thinking about selling the company. Sensei Biotherapeutics is focused on finding new ways to treat cancer. They have a main product ...
Kate Gosselin, known for her reality TV days, has some exciting news to share. She's been in a relationship for over a year, and she's really happy about it. But who's the lucky guy? That's a mystery she's not ready to reveal just yet. She did mention he's someone she's known for a while and he's a bit shy when it comes to cameras. So, don't expect to see him on her ...
Frontier Airlines is making a bold move. They are setting their sights on Spirit Airlines' customers. Spirit has been struggling financially. They recently warned that they might not last another year without more money. This has opened up an opportunity for Frontier. Frontier has announced plans to launch 20 new routes this winter. Many of these routes are in areas...
Truth Social is diving headfirst into the world of cryptocurrency, hoping to turn their financial losses around. They've just launched a new ETF with five major cryptocurrencies: Bitcoin, Ethereum, Solana, Cronos, and Ripple. Bitcoin takes the lion's share at 70%, followed by Ethereum at 15%. The remaining three coins make up the last 15%. This isn't their first rod...
JetBlue is facing a tough time. The airline's CEO, Joanna Geraghty, recently shared some tough news with the staff. The company is cutting more flights and looking for other ways to save money. This is because the demand for travel is not as high as they hoped. It looks like JetBlue won't be making a profit this year. They are relying on borrowed money to keep things...
Charles Levine, a dedicated soldier, faced a harsh reality upon retirement. He had served for 30 years, including five deployments and leading troops in Iraq and Afghanistan. However, a decision to extend his service led to an unexpected financial hit. The Army would not cover over $40, 000 in final moving costs, a benefit usually given to retiring soldiers. This new...
The job market is tough right now. People are taking on any role just to get a paycheck. This isn't new, but it's becoming more common. The number of job postings is dropping, and artificial intelligence is making things even harder. Plus, there's a good chance you'll be ghosted after applying for a job. Many people are stuck in jobs that don't use all their ski...
The annual TV upfronts are a big deal, with media buyers, journalists, and execs gathering to hear about the upcoming year's programming. This year, the mood was a bit tense, with anxiety being a common theme. Production is down, budgets are tight, and there's a lot of uncertainty in the industry. Despite this, the shows went on, with major players like NBCUniversal,...
Small and medium-sized businesses are feeling the pinch from recent trade policies. These companies make up a significant portion of the US import market, bringing in goods worth $868 billion each year. Unlike giant corporations, these smaller firms are more vulnerable to financial disruptions. Many of these businesses are struggling to stay afloat. Nearly 20% of th...