March 15, 2025

Breaking News: Business

Crypto

Crypto magnate Chun Wang buys SpaceX polar spaceflight Fram2

SpaceX’s Crew Dragon capsule “Endurance” is seen during the Crew-3 mission for NASA on May 5, 2022. NASA Private polar expeditions are reaching a new level: Space. Cryptocurrency speculator Chun Wang bought a SpaceX multi-day flight for an undisclosed amount, the company announced on Monday, with plans to lead the first crewed space mission in

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Funds

Hindenburg alleges India market regulator chief had stake in offshore funds used by Adani Group

Hindenburg Research website displayed on a laptop screen and Adani logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on February 2, 2023. Nurphoto | Nurphoto | Getty Images U.S. based short-seller Hindenburg Research in a new report released on Saturday alleged that the chairperson of India’s market

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Finance

Forever 21 seeks rent concessions, facing financial struggles

A Forever 21 store is pictured in London on Sept. 30, 2019. Alberto Pezzali | NurPhoto | Getty Images While the company is facing financial difficulties, it has yet to hire advisors and isn’t considering a second bankruptcy protection filing, the people said. It’s working to restructure its many leases so it can cut costs,

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Investment

Nadella, Narayen among tech CEOs investing in cricket’s American dream

Microsoft CEO Satya Nadella and Adobe CEO Shantanu Narayen are among the executives investing in the new U.S. professional league, Major League Cricket. Other cricket investors include Iconic Ventures, Madrona Venture Group and executives from Google. “What gets me excited is seeing if cricket can become a mainstream sport in the U.S.,” said Soma Somasegar,

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Finance

Here’s how ‘spaving’ could hurt your finances

“Spaving,” or spending more to save more, has become a dangerous habit for cash-strapped Americans amid elevated inflation and mounting debt. Though inflation eased in April, the consumer price index was still up 3.4% from a year prior.  Despite higher prices, Americans continue to spend. To that point, credit card debt reached $1.12 trillion in

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