News

Only one reason can stop the ECB rate cut in June

Money.it

19 April 2024 - 13:00

The ECB appears to be certain of the first rate cut in June. But one risk factor can still derail the easing plan: geopolitics. What can happen?

Musk asks $47 billion compensation from Tesla as company falls apart

L. R.

18 April 2024 - 20:08

Elon Musk will likely retain a $47 billion compensation package from Tesla despite the company’s overwhelming issues.

Disney+ channels prove streaming will replace TV - not cinemas

L. R.

18 April 2024 - 19:02

Disney+ will introduce channels similar to traditional cable TVs. Here’s how the entertainment sector will change after the streaming wars.

How real is Russia’s nuclear war threat?

Money.it

18 April 2024 - 17:00

How real - and serious - is Putin’s nuclear war threat? What weapons does Russia have?

For Some Reason Endless Shrimp = Bankruptcy

James Hydzik

18 April 2024 - 15:36

Florida-born seafood restaurant chain Red Lobster is considering a Chapter 11 bankruptcy. This is in part caused by $11 million in losses in Q3 2023 from making Endless Shrimp a permanent part of the menu.