Like a number of companies that went public during the pandemic, 23andMe has for months been trying to manage a terrible case of SPAC-itis, an inflammation that causes plunging stock values due to the business being, as one analyst put it, not “ready for prime time.” 23andMe, the DNA-testing powerhouse that once threw celebrity “spit parties,” went public in 2021 by merging with a special purpose acquisition company (SPAC) funded by billionaire Richard Branson. Briefly, it attained a $6...
Red Lobster is reportedly mulling over bankruptcy, and while this is far from the end for them as a business some online are certainly treating it that way, with jokes galore. According to Bloomberg, the famous seafood restaurant chain is…
Court documents charge John W. Crites and his company AWP with selling logs delivered by timber cutters to the Allegheny Wood Products' yard which were never paid for.
The Republican Party’s attempted impeachment fiasco and beleaguered House Speaker Mike Johnson were the subjects of late-night talk show host Stephen Colbert’s opening monologue Wednesday night. Colbert observed that while the House Republicans targeting Homeland Security Secretary Alejandro Mayorkas “never identified a specific high crime or misdemeanor for the impeachment, which is usually kind of a thing,” the event was still historic. It's only the second time in America that a Cabinet...
Chile's WOM is blaming the macro-economic situation for its decision to file for bankruptcy protection in the US, but the move naturally raises questions over its decision to take on its larger rivals with cut-throat pricing.
Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is now a U.S. resident.
At least 160 rights groups are calling on tech platforms to adopt greater election safeguards amid concerns over AI-powered disinformation.
Donald Trump is the majority shareholder in Trump Media, which owns the Truth Social app. DJT shares fell 20% last week ahead of his New York hush money trial.
According to local reports, the Australian Securities and Investment Commission (ASIC) has started legal procedures against two crypto companies and their directors for operating unlicensed in the country. Allegedly, the companies participated in an elaborate scheme that resulted in the loss of AU$ 160 million, worth $104 million, from investors. Related Reading: Hong Kong Set […]
Donald Trump is close to running out of time in his last-ditch bid to stave off the historic stigma of being the first former president to go on criminal trial next week. The presumptive Republican nominee suffered yet another courtroom defeat on Monday in an attempt to delay his hush money trial and move it out of Manhattan. And on Tuesday, an appeals court thwarted yet another attempt to postpone the opening of the trial so that Trump can challenge a partial gag order imposed by the presiding...
Analysis by Stephen Collinson, CNN (CNN) — Donald Trump is close to running out of time in his last-ditch bid to stave off the historic stigma of being the first former president to go on criminal trial next week. The presumptive Republican nominee suffered yet another courtroom defeat on Monday in an attempt to delay
Analysis by Stephen Collinson, CNN (CNN) — Donald Trump is close to running out of time in his last-ditch bid to stave off the historic stigma of being the first former president to go on criminal trial next week. The presumptive Republican nominee suffered yet another courtroom defeat on Monday in an attempt to delay