#financial-loss

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www.housingwire.com
4 days ago
Business

Impacted by a cyberattack, loanDepot delivers a Q1 loss of $38M

loanDepot faced financial losses in Q1 2024 due to a cyberattack impacting operations, with a non-GAAP net loss of $38 million. [ more ]
www.mercurynews.com
4 months ago
Business

Elon Musk and these other 9 bosses had a terrible, horrible, no good, very bad 2023

2023 was a challenging year for several top executives, with financial losses, job losses, and damaged reputations
Elon Musk had a mixed year with Tesla's stock rebounding but facing challenges in profitability and safety recalls [ more ]
ESPN.com
1 month ago
Chelsea

Spurs open to investors after 86m loss

Tottenham are in talks with potential new investors due to a post-tax loss of £86.8 million ($109.2m) for the year ending June 30, 2023.
The club's operating expenses rose by 21%, attributing the increase to factors like utilities, rates, consumables, and significant player investment. [ more ]
www.caughtoffside.com
2 months ago
Chelsea

Chelsea willing to lose up to 67.5m on ace with 18 goals in 35 games

Chelsea facing challenges with ownership changes
Potential financial loss on Romelu Lukaku [ more ]
www.fourfourtwo.com
3 months ago
Chelsea

Chelsea to make unwanted history with Romelu Lukaku transfer: report

Chelsea could face a significant financial loss with the potential sale of Romelu Lukaku
The club has struggled with disastrous transfer deals in recent times [ more ]
ESPN.com
1 month ago
English Premier League

Leicester report $112M loss in relegation season

Leicester City announced a significant pre-tax loss of £89.7 million for the 2022-23 season after relegation from the Premier League.
The club faces potential points deduction and legal proceedings due to alleged breaches in the league's spending rules, impacting their financial stability. [ more ]
www.fourfourtwo.com
3 months ago
English Premier League

Manchester United to lose 18.5m this January, in bizarre set of circumstances

Manchester United will make a substantial loss in the January transfer window due to an injury to Anthony Martial.
Martial will be out for 10 weeks after undergoing groin surgery, making it unlikely for other clubs to be interested in buying him. [ more ]
SFGATE
1 month ago
SF real estate

Bird Scooter Founder Travis VanderZanden Asks $8.5M for His South Miami Nest

Travis VanderZanden listed his South Florida home for $8,490,000, looking for a profitable return from its 2023 purchase price of $6,800,000.
VanderZanden faced a significant loss of about $11 million on a Los Angeles property, bought for $21.7 million in 2020 and sold for $10.8 million after being on and off the market for several years. [ more ]
New York Post
2 months ago
New York Giants

Why the Steelers' Russell Wilson addition might be the most underrated QB upgrade of the NFL offseason, and leave the Giants with some regret

Russell Wilson's decline has been exaggerated
Broncos incurred heavy financial loss in letting go of Russell Wilson [ more ]
Miami Herald
2 months ago
Miami

3 companies, 1 Midtown Miami apartment, 0 employees: The setup for a $735,000 fraud

A 26-year old ran a $735,000 investor fraud out of his Miami apartment using lies and fake companies.
The fraudster, now 29, has been sentenced to 2 1/2 years in federal prison and faces a restitution hearing. [ more ]
ComputerWeekly.com
2 months ago
Privacy professionals

Majority of UK employees 'willingly gamble' with security | Computer Weekly

More than two-thirds of UK workers take cyber risks knowingly, exposing organizations to breaches and financial loss.
Phishing attacks have decreased, but financial losses and reputational damage are on the rise due to human error. [ more ]
Fox News
2 months ago
Law

Trump has 'ripe argument' for fighting 'outrageous' NYC civil fraud penalty, says legal expert

Former Whitewater Deputy Independent Counsel believes Trump's legal team could appeal the ruling due to 'real constitutional problems' with the penalty.
Concerns raised about the lack of financial loss or victim in the NY civil fraud case judgement against Trump. [ more ]
ESPN.com
2 months ago
Juventus

Juve financial loss grows to 95m amid Euro ban

Juventus reported a net loss of €95.1 million in the first half of its 2023-24 fiscal year.
Revenue fell almost 26% to €173.3m between July and December last year. [ more ]
www.independent.co.uk
4 months ago
UK news

All is lost': Captain of party boat sunk in Thames speaks of devastation

The captain of a sunken party boat in the River Thames speaks of devastation and financial loss.
The vessel, named Wilfred, had a fully licensed bar, restaurant, and nightclub on board. [ more ]
sportslens.com
4 months ago
FC Barcelona

Barcelona Could Lose $440 Million If Investor Does Not Clear Dues

Former Barcelona presidential candidate Victor Font accuses Barcelona of potential loss of $440 million due to non-payment by partners.
Barcelona signed a deal with Libero group for a 29.5% share in Barca Vision for $132.05 million, with Libero supposed to pay $44 million by the end of 2023. [ more ]
www.fastcompany.com
5 months ago
Marketing

Red Lobster vastly underestimated how much shrimp people could eatbut it may still be a marketing win

Red Lobster's Endless Shrimp promotion caused an operating loss of $11 million but gained significant attention and viral trend on social media.
Despite falling sales and closures, the promotion attracted a higher proportion of people than expected, leading to increased interest and customer engagement. [ more ]
The Times of India
5 months ago
Artificial intelligence

Woman loses Rs 1.4 lakh to AI voice scam: What is it and how not to become a victim - Times of India

AI-generated voice fraud is on the rise, with scammers using artificial intelligence to mimic the voices of trusted individuals.
Common AI voice scams involve impersonating family members, friends, customer service representatives, or government officials.
To avoid AI voice scams, never give out personal information over the phone unless you are certain of the caller's identity and be aware of the latest scam techniques. [ more ]
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