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Crypto-based payments firm Wyre is shutting down its business, citing “market conditions” and a need to protect the interest of stakeholders and customers.The news of the shut-down came in the form of a tweet published on Friday, where the company stressed that the decision was purely business-related and not due…

Intro We wrote about Brookdale Senior Living Inc. (NYSE:BKD) in November of last year when we pointed to the company’s clear potential regarding the trend of growing occupancy levels, which was finally gaining traction. Our disclaimer however was the company’s significant overhanging debt which we will get into later in…

Wall Street stocks wavered on Tuesday as strong housing data raised the prospect of higher interest rates taking the steam out of a weeks-long rally in US equities.The benchmark S&P 500 closed down 0.5 per cent while the tech-heavy Nasdaq Composite ended 0.2 per cent lower following a federal holiday…

The Pentagon announced Tuesday that the accounting error revealed last month was significantly more than previously stated and aid provided to Ukraine was overvalued by $6.2 billion rather than $3 billion. The accounting error includes fiscal years 2022 and 2023 and occurred because “in a significant number of cases,” when…

Shares of Intel and Nike are trading lower Tuesday morning, sending the Dow Jones Industrial Average into negative territory. The Dow DJIA, -0.72% was most recently trading 324 points, or 0.9%, lower, as shares of Intel INTC, -3.77% and Nike NKE, -3.57% have contributed to the index’s intraday decline. Intel’s…

Boeing sees cumulative spending on commercial aircraft between 2023 and 2042 totaling $8 trillion, the company said Saturday. The whopping figure demonstrates that demand is not an issue for the aircraft maker and its rival Airbus. Instead, they will have to figure out how to ramp up production. Boeing (ticker:…

Trust me, I speak from experience. Just last year I cashed a check for $274.03 from another settlement. In this case, it was a class-action lawsuit against Noom, the weight-loss program I had signed up for some years ago. The suit charged that the company’s “autorenewal and cancellation practices violated…

The Biden administration on Tuesday rolled out a fresh effort to limit so-called junk fees, as the Federal Communications Commission proposed a new rule that would require cable and satellite TV providers to provide upfront, all-in prices. President Joe Biden said in a statement that it’s “only the latest action…

© Reuters. FILE PHOTO: Soccer Football – Champions League – CSKA Moscow vs Manchester United – VEB Arena, Moscow, Russia – September 27, 2017 General view of the Manchester United logo before the match Action Images via Reuters/John Sibley/File Photo By Anirban Sen (Reuters) – English football club Manchester United…