#financial-loss

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Tech industry
fromEntrepreneur
6 days ago

Intel Laying Off Tens of Thousands of Employees: CEO Memo | Entrepreneur

Intel plans to cut over 33,000 jobs to reduce workforce to 75,000 by year-end as part of a plan to reduce costs.
fromBusiness Insider
1 week ago

'A long, slow bleed': Quant hedge funds are getting slammed and scrambling for answers

Quant hedge fund managers are experiencing one of the most prolonged droughts in recent memory. The bigger concern: They don't know why.
Careers
Business
fromComputerWeekly.com
1 week ago

Judge questions HP's 'exaggerated' Autonomy loss claim | Computer Weekly

HP's valuation of Autonomy was significantly inflated, leading to an exaggerated financial hit and legal claims.
#stellantis
more#stellantis
#scam
more#scam
#job-scams
more#job-scams
fromwww.housingwire.com
3 weeks ago

Housing market slowdown hits retirees long after they've sold

Residents of Harborside expect to recover only one-third of their promised refund after bankruptcy.
from24/7 Wall St.
3 weeks ago

Rivian (NASDAQ: RIVN) Price Prediction and Forecast 2025-2030 for July 8

Rivian Automotive's stock has experienced a significant decline, with notable losses over various time periods.
fromwww.independent.co.uk
3 weeks ago

M&S chief says traumatic' cyber attack was like an out of body experience

Marks & Spencer faced a traumatic cyber attack, resulting in significant operational disruptions and financial losses.
Privacy professionals
fromwww.cbc.ca
3 weeks ago

RBC tells customer she's responsible for $14K stolen from account in bank investigator scam | CBC News

Fraudsters are impersonating bank representatives, leading to significant financial losses for victims.
US news
fromFuturism
3 weeks ago

Tesla Fans Rage Against Elon Musk as They Lose Money on Polymarket After Doing Exactly What He Told Them to Do

Elon Musk's prediction regarding the Robotaxi launch led to disappointment and anger among bettors on Polymarket.
#scams
more#scams
E-Commerce
fromEntrepreneur
4 weeks ago

Before You Start Day Trading, Know These Stages | Entrepreneur

In day trading, believing in beginner's luck can lead to significant losses when faced with real market challenges.
Cars
fromFortune Europe
1 month ago

Renault's $11.2 billion loss tied to its Nissan stake adds to tensions in the already rocky partnership

Renault reports a 9.5 billion euro loss due to changes in accounting for its Nissan stake as it shifts to reflect market value.
#canada-post
fromwww.cbc.ca
2 months ago
Canada news

Canada Post reports $1.3B operating loss with declines in both letter and parcel revenue | CBC News

fromwww.cbc.ca
2 months ago
Canada news

Canada Post reports $1.3B operating loss with declines in both letter and parcel revenue | CBC News

more#canada-post
UK news
fromIrish Independent
2 months ago

Kevin Bakhurst confirms RTE has not received 150,000 back from former presenter Ryan Tubridy

Poor communication between RTÉ's executive and board led to a significant IT system failure costing €3.6 million.
RTÉ's 2024 license fee earnings show a slight decline compared to 2023.
fromTasting Table
2 months ago

The Colorado-Based Fast Casual Chain That's Set To Close Multiple Locations This Year - Tasting Table

Noodles & Company has reported a loss of $9.1 million in Q1 2025, leading to the closure of up to 21 locations, amidst ongoing challenges in the restaurant industry.
NYC startup
Cryptocurrency
from24/7 Wall St.
2 months ago

States Where Cyber Crime is Leaving Americans Broke

The significant rise in internet usage has correlated with an alarming increase in cyber-crime incidents and financial losses for Americans.
LA real estate
fromSFGATE
2 months ago

Jennifer Lopez and Ben Affleck Slash $8 Million Off Price of Marital Mansion as They Get Set To Take Major Loss on Enormous Abode

Lopez and Affleck are significantly reducing their mansion's price amid a financial loss from their divorce.
fromSecuritymagazine
3 months ago

Why every business needs a data security strategy

Data breaches expose sensitive information, necessitating robust data security measures to prevent financial loss, reputational damage, and compliance violations.
from24/7 Wall St.
3 months ago

This State Is A Hotbed For Cybercrime

The prevalence of cybercrime has increased dramatically, with the FBI reporting a rise in complaints from 467,361 in 2019 to 880,418 in 2023.
Privacy professionals
Boston Red Sox
fromBusiness Insider
3 months ago

Kevin Bacon says it 'sucked' to lose money in Bernie Madoff's Ponzi scheme

Kevin Bacon reflects on resilience despite losing money in Bernie Madoff's Ponzi scheme.
Bacon and his wife felt anger but chose to focus on moving forward.
fromwww.mediaite.com
3 months ago

I'm Down $7 Million!' Dave Portnoy Rages That Trump's Tariffs Put Everything in the Sh*tter'

Dave Portnoy lost $7 million due to stock market drop triggered by Trump's tariffs.
fromwww.bbc.com
3 months ago

Leeds financial report shows 60m loss

Leeds United reported a £60.8m loss for the 2023-24 season, reflecting challenges post-relegation.
fromwww.bbc.com
4 months ago

Dundee report 2.8m loss for year to May 2024

Dundee reported a 2.8 million loss for the year after returning to the Scottish Premiership, which was an expected financial outcome.
Germany news
fromwww.dw.com
4 months ago

Germany: Deutsche Bahn's ambitious plans DW 03/28/2025

Deutsche Bahn faces unprecedented challenges, including delays and significant financial losses, raising concerns over future service quality.
#apple-tv
Apple
fromTechCrunch
4 months ago

Apple is reportedly losing $1B per year on its streaming service | TechCrunch

Apple TV+ is losing over $1 billion annually and remains the only unprofitable service in Apple's offerings.
Apple
fromConsequence
4 months ago

Apple TV+ is losing over $1 billion annually: Report

Apple TV+ is sustaining over a billion dollars in losses, despite critically acclaimed programming.
more#apple-tv
NYC real estate
fromSFGATE
4 months ago

NY Couple Duped Into Buying a Home That Wasn't For Sale: How To Avoid Same Fate

Real estate scams can exploit hopeful homebuyers in a competitive market, as shown by the Josephs' experience.
Renovation
fromwww.independent.co.uk
4 months ago

Bodge job' by Checkatrade-vetted builders leaves family 26,000 worse off

The importance of accountability in home repair industries is highlighted by the Pentonys' experience with substandard builders.
UK news
fromwww.theguardian.com
4 months ago

You get sucked in': crypto scam victims on how they lost up to 162,000

Fraudsters exploit victims by promoting fake crypto investments, leading to significant financial losses.
Media industry
fromRetail Dive
4 months ago

QVC Group focuses on social, streaming growth as revenue continues to slide

QVC Group reported a significant operating loss in Q4, highlighting challenges in its fiscal year due to market competition and consumer behavior.
Liverpool FC
fromwww.theguardian.com
5 months ago

Liverpool record 57m loss for 2023-24 after missing Champions League

Liverpool incurred a £57m loss last season due to decreasing media revenue and rising costs, emphasizing the financial impact of missing the Champions League.
#manchester-united
Manchester United
fromwww.standard.co.uk
5 months ago

Manchester United reveal true cost of Erik ten Hag and Dan Ashworh sackings

United's financial struggles are highlighted by a significant loss and costly managerial decisions contributing to a challenging season.
Manchester United
fromwww.standard.co.uk
5 months ago

Manchester United reveal true cost of Erik ten Hag and Dan Ashworh sackings

United's financial struggles are highlighted by a significant loss and costly managerial decisions contributing to a challenging season.
more#manchester-united
fromIndependent
5 months ago

'Thousands Lost': Longford farmer's forestry pension wiped out by Storm Eowyn

Storm Éowyn has severely impacted Michael Lennon's forestry, damaging 75% and resulting in significant financial loss.
Arsenal
fromESPN.com
5 months ago

Arsenal reveal 17.7m loss after jump in wages

Arsenal reported a significant loss of £17.7m despite record revenue, impacted by high wage bills and tough financial market conditions.
fromIndependent
5 months ago

Arts Council paid 50,000 to rehire firm that worked on scrapped 7m IT project

The Arts Council faced significant financial loss in an abandoned IT project and has invested further in an unready off-the-shelf system.
fromAP News
5 months ago

Trump Media says it lost more than $400 million last year

Trump Media & Technology Group lost $400.9 million last year, with revenue declining 12% to $3.6 million.
Cars
fromThe Verge
5 months ago

Ford lost $5 billion on EVs in 2024

Ford's EV business projected to lose $5.5 billion in 2025, highlighting ongoing struggles against market challenges.
#boeing
fromFortune
9 months ago
Science

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

fromFortune
9 months ago
Science

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

more#boeing
fromBuzzFeed
6 months ago

A Woman Divorced Her Husband And Sent $855K To A Scammer Who Convinced Her They Were Brad Pitt

The recent scam involving a French woman who was duped out of €830,000 by someone impersonating Brad Pitt highlights how sophisticated online scams have become, especially with AI technology that generates convincing images and videos.
France news
Miscellaneous
fromFuturism
8 months ago

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.
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