#financial-loss

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#club-management

Manchester United post net losses of 113.2m but believe they are complaint with PSR

Manchester United reported substantial financial losses but remains compliant with financial regulations while implementing cost-saving measures and restructuring efforts.

Dundee United announce 2.8m loss for year to June

Dundee United announced a £2.8m loss for the year, but is on a path towards financial sustainability and growth after returning to the Premiership.

Manchester United post net losses of 113.2m but believe they are complaint with PSR

Manchester United reported substantial financial losses but remains compliant with financial regulations while implementing cost-saving measures and restructuring efforts.

Dundee United announce 2.8m loss for year to June

Dundee United announced a £2.8m loss for the year, but is on a path towards financial sustainability and growth after returning to the Premiership.
moreclub-management

Imelda May's actor boyfriend reveals thief drained 25k from his bank account

A phone theft can lead to significant financial loss and emotional distress as seen in Niall's experience.
#retail-challenges

Chancellor's Budget, costs and sales has cost Poundland 640 million - London Business News | Londonlovesbusiness.com

Poundland reported a £640 million hit from costs and a £457 million pre-tax loss, signaling a major decline in performance.

Moonpig slips into loss after 50m write-down hits experiences division

Moonpig faces significant challenges due to consumer hesitancy towards premium-priced gifts, resulting in a substantial financial loss.
The company is transforming its experiences division to introduce more affordable options as a response to market conditions.

Chancellor's Budget, costs and sales has cost Poundland 640 million - London Business News | Londonlovesbusiness.com

Poundland reported a £640 million hit from costs and a £457 million pre-tax loss, signaling a major decline in performance.

Moonpig slips into loss after 50m write-down hits experiences division

Moonpig faces significant challenges due to consumer hesitancy towards premium-priced gifts, resulting in a substantial financial loss.
The company is transforming its experiences division to introduce more affordable options as a response to market conditions.
moreretail-challenges

How Scammers Stole $538 Million from Seniors Last Year and What You Can Do to Stop Them

Scammers are increasingly targeting seniors, leading to significant financial losses, highlighting the need for better protective measures and awareness.
#work-from-home

Urgent warning over WFH job scams as victims lose THOUSANDS

Online job scams are targeting job seekers, often leading them to significant financial losses.

Office Depot owner loses over 50m thanks to working from home

Office Depot's owner cites work-from-home trend as a major factor in significant financial losses leading to plans to exit the UK market.

Urgent warning over WFH job scams as victims lose THOUSANDS

Online job scams are targeting job seekers, often leading them to significant financial losses.

Office Depot owner loses over 50m thanks to working from home

Office Depot's owner cites work-from-home trend as a major factor in significant financial losses leading to plans to exit the UK market.
morework-from-home

General Motors is taking a $5 billion-plus hit on its operations in China

GM is facing a $5 billion impact from increased competition in China, driving a major operational restructuring.
#intel

Intel will cut over 15,000 jobs in a sweeping cost-cutting effort

Intel plans to cut over 15,000 jobs in a cost-reduction plan after a $1.6 billion net loss in Q2.

Intel's CEO hasn't turned the company around, and now he's no longer CEO

Intel CEO Pat Gelsinger has resigned amidst significant operational and financial challenges for the company.
Intel is committed to continuing Gelsinger's strategy of expanding into the chip foundry market.

Intel losses hit $16.6B as restructuring efforts take a toll

Intel reported its largest loss ever at $16.6 billion, influenced by significant restructuring costs, yet revenue forecasts show signs of cautious rebound.

Intel will cut over 15,000 jobs in a sweeping cost-cutting effort

Intel plans to cut over 15,000 jobs in a cost-reduction plan after a $1.6 billion net loss in Q2.

Intel's CEO hasn't turned the company around, and now he's no longer CEO

Intel CEO Pat Gelsinger has resigned amidst significant operational and financial challenges for the company.
Intel is committed to continuing Gelsinger's strategy of expanding into the chip foundry market.

Intel losses hit $16.6B as restructuring efforts take a toll

Intel reported its largest loss ever at $16.6 billion, influenced by significant restructuring costs, yet revenue forecasts show signs of cautious rebound.
moreintel

Online Bank Users Horrified as Their Savings Accounts Vanish Into Thin Air

Banking startup failures have left customers' savings in jeopardy, leading to financial ruin for individuals trusting these platforms.
#manchester-united

Man Utd post staggering 113.2m losses for 2023/24 amid PSR concerns

Manchester United recorded a net loss of 113.2 million for the 2023/24 financial year, marking their fifth consecutive year of losses.

Manchester United: Ruben Amorim dealt early blow to transfer plans after club post financial loss

Manchester United is facing financial challenges limiting their transfer market activity under head coach Ruben Amorim.

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.

Man Utd post staggering 113.2m losses for 2023/24 amid PSR concerns

Manchester United recorded a net loss of 113.2 million for the 2023/24 financial year, marking their fifth consecutive year of losses.

Manchester United: Ruben Amorim dealt early blow to transfer plans after club post financial loss

Manchester United is facing financial challenges limiting their transfer market activity under head coach Ruben Amorim.

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.
moremanchester-united

As F1 thrives in Las Vegas, some local businesses still feel the financial strain

The Las Vegas Grand Prix severely disrupts local businesses by causing significant traffic congestion and financial losses for owners like Wade Bohn.
#worker-strike

Boeing Will Sell $19 Billion in Stock Amid Costly Strike

Boeing aims to raise $19 billion to improve finances amid a costly worker strike and significant losses.

Canada Post says it lost $315M pre-tax in 3rd quarter | CBC News

Canada Post's financial struggles continue amid significant losses and ongoing strikes by employees.
Revenue from direct marketing cannot compensate for declining parcel service profits.

Boeing Will Sell $19 Billion in Stock Amid Costly Strike

Boeing aims to raise $19 billion to improve finances amid a costly worker strike and significant losses.

Canada Post says it lost $315M pre-tax in 3rd quarter | CBC News

Canada Post's financial struggles continue amid significant losses and ongoing strikes by employees.
Revenue from direct marketing cannot compensate for declining parcel service profits.
moreworker-strike

Losses linger for crisis-hit Thyssenkrupp as steel sector suffers

Thyssenkrupp faces ongoing financial difficulties, reporting a loss of 1.5 billion euros while undergoing restructuring efforts.
#cybersecurity

The Teenager Who Lived a Secret Double Life as a Millionaire Crypto Bandit

Darren Marble lost $100,000 to SIM swapping, exposing vulnerabilities in cryptocurrency security and the emotional impact on the victims.

Vulnerable APIs and Bot Attacks Costing Businesses Up to $186 Billion Annually

Organizations are losing between $94 - $186 billion annually due to insecure APIs and bot abuse, with risks increasing exponentially.

Ransomware gangs are rolling in cash, with hackers taking home $459.8 million in the first half of 2024 alone

Ransomware gangs made $459.8 million in just six months of 2024, largely due to targeted attacks for high payouts.

Connecticut homebuyer loses $600K to hacker theft

Connecticut law firm faces a malpractice suit for inadequate cybersecurity measures leading to a significant financial loss for a client.

An ex-Mastercard executive was nearly scammed of $100,000. Here's how she spotted it.

Account takeover fraud can affect anyone, including finance professionals, with scams having surged dramatically in 2023.

Crook breaks into AI biz, 'misdirects' $250K to own account

iLearningEngines lost $250,000 due to a business email compromise involving a cybercriminal rerouting a wire payment.

The Teenager Who Lived a Secret Double Life as a Millionaire Crypto Bandit

Darren Marble lost $100,000 to SIM swapping, exposing vulnerabilities in cryptocurrency security and the emotional impact on the victims.

Vulnerable APIs and Bot Attacks Costing Businesses Up to $186 Billion Annually

Organizations are losing between $94 - $186 billion annually due to insecure APIs and bot abuse, with risks increasing exponentially.

Ransomware gangs are rolling in cash, with hackers taking home $459.8 million in the first half of 2024 alone

Ransomware gangs made $459.8 million in just six months of 2024, largely due to targeted attacks for high payouts.

Connecticut homebuyer loses $600K to hacker theft

Connecticut law firm faces a malpractice suit for inadequate cybersecurity measures leading to a significant financial loss for a client.

An ex-Mastercard executive was nearly scammed of $100,000. Here's how she spotted it.

Account takeover fraud can affect anyone, including finance professionals, with scams having surged dramatically in 2023.

Crook breaks into AI biz, 'misdirects' $250K to own account

iLearningEngines lost $250,000 due to a business email compromise involving a cybercriminal rerouting a wire payment.
morecybersecurity

Spirit Airlines files for bankruptcy amid mounting financial losses

Spirit Airlines filed for bankruptcy protection while assuring uninterrupted operations and aiming to recover from extensive financial losses.
The airline's decline is attributed to rising costs, lower fares, and challenges in returning to profitability post-pandemic.
#rocket-companies

Rocket Mortgage origination volume jumps 28% in Q3

Rocket Companies achieved significant loan growth despite challenges, but faced sizeable losses due to shifts in mortgage servicing rights.

Rocket Mortgage spends $14M to secure namesake domain

Rocket Companies invested $14 million in acquiring Rocket.com to enhance its brand and unify homeownership services.

Rocket Mortgage origination volume jumps 28% in Q3

Rocket Companies achieved significant loan growth despite challenges, but faced sizeable losses due to shifts in mortgage servicing rights.

Rocket Mortgage spends $14M to secure namesake domain

Rocket Companies invested $14 million in acquiring Rocket.com to enhance its brand and unify homeownership services.
morerocket-companies
#automotive-industry

One of China's hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered

Xiaomi's EV division recorded a loss of $252 million in Q2, averaging $9,200 lost per vehicle sold.

Nissan to cut 9,000 jobs globally after sinking to a loss

Nissan is cutting 9,000 jobs and reducing production capacity by 20% to combat financial losses.

One of China's hottest new EV makers says it lost $9,200 for each $30,000 smart car it delivered

Xiaomi's EV division recorded a loss of $252 million in Q2, averaging $9,200 lost per vehicle sold.

Nissan to cut 9,000 jobs globally after sinking to a loss

Nissan is cutting 9,000 jobs and reducing production capacity by 20% to combat financial losses.
moreautomotive-industry

My net worth dropped by $2 million in just 12 days - how do I shake this crushing stress?

KYC compliance plays a vital role in assessing risk tolerance, ensuring customer protection amidst financial dealings.
#stock-market

Boeing launches funding round to stave off credit downgrade

Boeing is seeking to raise $19 billion to avoid a credit downgrade amid ongoing losses and a strike.

Trump's Net Worth Drops Over $1 Billion As His Media Stock Plummets For Second Day In a Row

Trump Media and Technology Group's stock suffered a significant drop, losing 22% on Wednesday and an additional 14% on Thursday, impacting Trump's net worth.

Trump Loses $4 Billion as Truth Social Stock Crashes

Trump's Truth Social meme stock has lost $4 billion in value, raising concerns about future viability and potential impact on investors.

Trump Media Down Nearly 50 Percent For the Month As Ex-President's Shares Lose More Than $2 Billion in Value

Trump Media has dropped by nearly 50% on the stock market since June, leading to over $2 billion decrease in value for Trump.

Truth Social Exec Dumps Stock as Price Plummets

Executives at Truth Social are selling shares as the company's valuation plummets, indicating financial instability and potential future losses for investors.

Boeing launches funding round to stave off credit downgrade

Boeing is seeking to raise $19 billion to avoid a credit downgrade amid ongoing losses and a strike.

Trump's Net Worth Drops Over $1 Billion As His Media Stock Plummets For Second Day In a Row

Trump Media and Technology Group's stock suffered a significant drop, losing 22% on Wednesday and an additional 14% on Thursday, impacting Trump's net worth.

Trump Loses $4 Billion as Truth Social Stock Crashes

Trump's Truth Social meme stock has lost $4 billion in value, raising concerns about future viability and potential impact on investors.

Trump Media Down Nearly 50 Percent For the Month As Ex-President's Shares Lose More Than $2 Billion in Value

Trump Media has dropped by nearly 50% on the stock market since June, leading to over $2 billion decrease in value for Trump.

Truth Social Exec Dumps Stock as Price Plummets

Executives at Truth Social are selling shares as the company's valuation plummets, indicating financial instability and potential future losses for investors.
morestock-market

Their Parents Are Giving Money to Scammers. They Can't Stop Them.

Many elderly individuals fall victim to online fraud through emotional manipulation, leading to devastating financial losses.
#consumer-protection

Couple out of pocket after paying 6,750 for solar panels

Solar Sol, a solar panel company, has gone into liquidation, causing financial losses for customers.
A couple from Wexford lost €6,750 to Solar Sol for solar panel installation.

20 Things Gen X'ers And Boomers Popularized That People Predict Will Disappear

Timeshare sales practices are often misleading, resulting in financial losses for owners. Third-party exit options can lead to further scams.

Fraud probe after Sidcup builders 'took 230k in deposits, then disappeared'

A south London building firm has been accused of fraud, leaving customers and contractors with significant financial losses and unanswered complaints.

Couple out of pocket after paying 6,750 for solar panels

Solar Sol, a solar panel company, has gone into liquidation, causing financial losses for customers.
A couple from Wexford lost €6,750 to Solar Sol for solar panel installation.

20 Things Gen X'ers And Boomers Popularized That People Predict Will Disappear

Timeshare sales practices are often misleading, resulting in financial losses for owners. Third-party exit options can lead to further scams.

Fraud probe after Sidcup builders 'took 230k in deposits, then disappeared'

A south London building firm has been accused of fraud, leaving customers and contractors with significant financial losses and unanswered complaints.
moreconsumer-protection
#fraud

Woman loses nearly $1 million life savings in 'pig butchering' scam

Victims of 'pig butchering' scams risk losing life savings as scammers build trust over time before abruptly stealing from them.

Pig butchering' scammers target BBC reporter

Crypto scams and fraud can result in substantial loss of money and personal information.

The secret health hell of being scammed: I felt as though my mind was disintegrating'

Scams, especially during the pandemic, can cause profound mental health crises for victims who lose their life savings.

Crypto fraud cost Americans $5.6 billion last year

Crypto-related fraud cost Americans $5.6 billion in 2023, with 69,000 complaints reported to the FBI.

'I paid builders 25k deposit, then they ghosted me - and I'm not the only one'

A building firm allegedly defrauded customers, leaving them financially and emotionally distressed after taking substantial deposits without completing any work.

83-year-old East Bay woman loses nearly $50K in Coinstar, Coinme scam

Beware of emotional scams that impersonate family members, as they can lead to significant financial loss.

Woman loses nearly $1 million life savings in 'pig butchering' scam

Victims of 'pig butchering' scams risk losing life savings as scammers build trust over time before abruptly stealing from them.

Pig butchering' scammers target BBC reporter

Crypto scams and fraud can result in substantial loss of money and personal information.

The secret health hell of being scammed: I felt as though my mind was disintegrating'

Scams, especially during the pandemic, can cause profound mental health crises for victims who lose their life savings.

Crypto fraud cost Americans $5.6 billion last year

Crypto-related fraud cost Americans $5.6 billion in 2023, with 69,000 complaints reported to the FBI.

'I paid builders 25k deposit, then they ghosted me - and I'm not the only one'

A building firm allegedly defrauded customers, leaving them financially and emotionally distressed after taking substantial deposits without completing any work.

83-year-old East Bay woman loses nearly $50K in Coinstar, Coinme scam

Beware of emotional scams that impersonate family members, as they can lead to significant financial loss.
morefraud

Virgin Active continues to make a huge loss

Virgin Active reported a pre-tax loss of £146.7m in 2023, despite revenue surpassing £500m and achieving a positive operating profit.
#boeing

Meet Robert 'Kelly' Ortberg, Boeing's next CEO and the man responsible for turning around the beleaguered aerospace giant

Boeing appoints Robert "Kelly" Ortberg as CEO amidst challenges.

Boeing may put its iconic space business up for sale and had talks with Jeff Bezos's Blue Origin, report says

Boeing is considering selling its NASA support unit amidst financial distress, including the Starliner program, after reporting significant losses. They aim to refocus on core areas.

Meet Robert 'Kelly' Ortberg, Boeing's next CEO and the man responsible for turning around the beleaguered aerospace giant

Boeing appoints Robert "Kelly" Ortberg as CEO amidst challenges.

Boeing may put its iconic space business up for sale and had talks with Jeff Bezos's Blue Origin, report says

Boeing is considering selling its NASA support unit amidst financial distress, including the Starliner program, after reporting significant losses. They aim to refocus on core areas.
moreboeing

Joker sequel on course for catastrophic $200m loss reports

Joker: Folie a Deux is projected to lose up to $200 million due to poor box office performance and low audience ratings.

Concord "cost about $400m to make" and was internally viewed Sony's Star Wars, according to new information

Concord was a costly failure for Sony, both financially and in terms of player engagement.
#premier-league

Premier League clubs make 1.1 billion net loss on 'failed' transfers: report

Premier League clubs have incurred a net loss of over 1.1bn on failed transfers due to inadequate player care and integration challenges.

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.

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

Premier League clubs make 1.1 billion net loss on 'failed' transfers: report

Premier League clubs have incurred a net loss of over 1.1bn on failed transfers due to inadequate player care and integration challenges.

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.

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
morepremier-league

NY family loses out on dream vacation as delayed flight causes them to narrowly miss 8-day cruise - watched from dock as ship sailed away

A family's dream vacation was ruined by a flight delay, leading to financial losses and emotional distress.
#social-media

Elon Musk, investors reportedly lose more than $24B on X acquisition

Elon Musk's social media platform X has lost 72% of its value, resulting in substantial financial losses for investors.
The deep decline in valuation demonstrates a significant exodus of advertisers and dissatisfaction with content moderation policies.

Facebook refused to take down fake account, says TikTok star

Facebook failed to promptly remove a fake account using a social media star's content for financial gain, causing significant income loss and prompting police involvement.

Elon Musk, investors reportedly lose more than $24B on X acquisition

Elon Musk's social media platform X has lost 72% of its value, resulting in substantial financial losses for investors.
The deep decline in valuation demonstrates a significant exodus of advertisers and dissatisfaction with content moderation policies.

Facebook refused to take down fake account, says TikTok star

Facebook failed to promptly remove a fake account using a social media star's content for financial gain, causing significant income loss and prompting police involvement.
moresocial-media
#real-estate

Redfin's latest layoff round hits brokerage services biz

Redfin is making layoffs to adapt to market changes and reduce the need for managerial support.

Kanye West selling gutted Malibu mansion at $36 million loss

Kanye West sold his Malibu mansion at a $36 million loss, finalizing the sale at $21 million amidst extensive renovations that were left incomplete.

Redfin's latest layoff round hits brokerage services biz

Redfin is making layoffs to adapt to market changes and reduce the need for managerial support.

Kanye West selling gutted Malibu mansion at $36 million loss

Kanye West sold his Malibu mansion at a $36 million loss, finalizing the sale at $21 million amidst extensive renovations that were left incomplete.
morereal-estate
#cybercrime

International Malware Takedown Seized 100+ Servers

Europol led Operation Endgame against malware droppers, marking the largest such operation, targeting droppers like Bumblebee and causing financial losses worth millions.

What are 'click frauds' - and how can we stop them?

Click fraud is a significant threat to online businesses, leading to financial losses and security vulnerabilities.

International Malware Takedown Seized 100+ Servers

Europol led Operation Endgame against malware droppers, marking the largest such operation, targeting droppers like Bumblebee and causing financial losses worth millions.

What are 'click frauds' - and how can we stop them?

Click fraud is a significant threat to online businesses, leading to financial losses and security vulnerabilities.
morecybercrime

It's Clearly The Most Disastrous Merger Of The Last Few Years

The AT&T and Discovery merger has resulted in significant financial losses and a $9.1 billion write-off, raising concerns about future profitability.
#loandepot

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.

loanDepot sells MSRs, improves margins in Q2

loanDepot reduced financial loss in Q2 2024 while dealing with cyberattack impacts.

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.

loanDepot sells MSRs, improves margins in Q2

loanDepot reduced financial loss in Q2 2024 while dealing with cyberattack impacts.
moreloandepot

CIOs have never been more important to a company's success

Data quality is essential for enterprises to become data-driven and avoid financial losses.

Netflix Wins $8.8 Million in Fight Over Planned TV Series

Arbitrator ruled in Netflix's favor in a dispute with director Carl Erik Rinsch, awarding $9 million in damages.

Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack

4,502.9 BTC ($305 million) was stolen from the exchange. DMM Bitcoin will guarantee the full amount lost.

Leeds United could sell Brenden Aaronson this summer after his loan spell in Germany

Leeds United may need to accept a significant financial loss on Brenden Aaronson's transfer.

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.

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.

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

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.

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.

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.

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.

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

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.

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.

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

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.

A New Report Details How A Troubled Development Led To Suicide Squad: Kill The Justice League's $200M Flop

Live-service game Suicide Squad: Kill The Justice League faced troubles leading to a $200 million loss for Warner Bros. Discovery.

It is devastating': unprecedented floods in US strain small businesses

Small businesses face significant economic challenges due to climate-related flooding, with many at risk of closure after disasters.

Post Office Is America's Worst Run Organization

The US Postal Service is raising the First Class stamp price to 73 cents due to significant recent increases amidst financial losses.

Sharon Stone says she lost $18 million of savings when people took advantage of her after she suffered a stroke in 2001

Sharon Stone opens up about losing $18 million in savings after a stroke in 2001.
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