Elon Musk says Twitter's ad revenue is down 50% and cash flow is negative
Elon Musk disclosed on Twitter Saturday that, due to a 50% drop in advertising revenue and a "heavy debt load," the platform still has a negative cash flow.
2023-07-16 04:48
History Says It’s Time to Buy Long-Term Bonds as Peak Rates Near
Investors loading up on long-term bonds have history at their back. For decades, Treasuries maturing in 10 or
2023-07-16 04:24
Barcelona & Real Madrid dealt major Financial Fair Play blow by UEFA
UEFA have deemed that Barcelona and Real Madrid must count sales of future revenue streams as debt in their financial records.
2023-07-16 03:22
Polish Utilities Get Offer From State for Coal Assets Spinoff
Polish state-controlled utilities got offers from the state to buy their carbon-emitting assets, a key part of the
2023-07-16 02:49
Who’s Winning the Money Race for President as Campaigns Heat Up
The race for presidential hopefuls to lure donors and build up their bank accounts is in full swing
2023-07-16 02:24
UK’s Shapps to Grill Top Grocers, Energy Firms Over Fuel Prices
UK Energy Minister Grant Shapps is set to meet with the heads of Britain’s biggest supermarkets and energy
2023-07-16 00:20
Israel’s Netanyahu in ‘Good Condition,’ Undergoing Medical Tests
Prime Minister Benjamin Netanyahu is in “good condition” after being taken to the hospital on Saturday, his office
2023-07-15 23:19
Strikes and flops: Hollywood's cruel summer has become a time of reckoning
For Hollywood, 2023 will be remembered as a cruel summer, a dead reckoning of a different kind. That's because bad news has piled up, highlighting a reshaping of the entertainment industry that has fueled uncertainty and triggered eruptions in labor unrest.
2023-07-15 23:16
South Korea to expand support for Ukraine as President Yoon Suk Yeol makes a surprise visit
South Korean President Yoon Suk Yeol has made a surprise visit to Ukraine
2023-07-15 22:17
Georgia, the peach state, is out of peaches. Here's why, and how locals are coping
The Peach State lost more than 90% of this year's crop after a February heat wave followed by two late-spring cold snaps. The triple-whammy inflated prices of the fruit. It also moved much of the local market — in some cases, quite unwillingly — to California peaches.
2023-07-15 21:29
Free Money Is the Latest Strategy for GOP Presidential Campaigns
The political fundraising appeal has been completely reversed: Some long-shot Republican presidential candidates will now give you money.
2023-07-15 21:24
European Power Prices Fall Below Zero With Green Power Boom
Electricity prices across Europe are set to fall below zero this weekend as the continent experiences a surge
2023-07-15 21:23