Defense tech startup Shield AI has expanded its latest funding round with another $300 million in equity and debt, bringing its total Series F to $500 million, TechCrunch has exclusively learned. This total amount reflects $200 million in equity closed in November, $100 million in new equity raised at the Series F price, and $200 … Read more
As soon as Josué Henriquez turned 18, he applied for a credit card. He wanted to start building his credit so he could one day finance the purchase of a car or home. “I was told it was the only way I could start my credit in this country,” he says, having relocated to the … Read more
‘I almost fell off the chair’: This 40-year-old wife was shocked when her ‘financial guru’ husband revealed $520K in hidden debt — and that even collection agencies are involved. What now? Discussing finances isn’t easy, even with the person you’re married to. That’s what 40-year-old Cassandra discovered when she found out her husband had been … Read more
Justice Clarence Thomas pushed a then-House Republican in early 2000 to get a pay raise for justices. According to ProPublica, Thomas told the lawmaker “one or more justices will leave soon” if the raise didn’t happen. Thomas’ reported concerns were later relayed to Chief Justice William Rehnquist. Supreme Court Justice Clarence Thomas alarmed a then-House Republican about … Read more
Rakuten CEO Hiroshi Mikitani attends the Rakuren Expo 2022 at Grand Prince Hotel Shintakanawa on July 21, 2022 in Tokyo, Japan. Jun Sato | Wireimage | Getty Images Rakuten and German telco 1&1 on Friday launched a mobile network based on a new type of architecture as the Japanese giant looks to boost its loss-making … Read more
Chinese yuan cash bills and chinese flag (money, economy, finance, inflation, crisis) Javier Ghersi | Moment | Getty Images Ratings agency Moody’s downgraded its outlook on China’s government credit ratings to negative from stable, expecting Beijing’s support and possible bailouts for distressed local governments and state-owned enterprises to diminish China’s fiscal, economic and institutional strength. … Read more
HONG KONG — A Hong Kong court postponed until Jan. 29 a court hearing scheduled for Monday on troubled Chinese property developer Evergrande’s winding-up petition. Evergrande is trying to win support from its creditors for a plan to restructure more than $300 billion in debt to stave off liquidation. The company’s lawyer told the court … Read more
‘This has gotta stop’: This Cleveland man going through a divorce is spending $970/month to pay off his truck — and now his ex wants him to eat $15K more of debt. Dave Ramsey responds Divorce can be financially devastating — as one Cleveland man recently found out. Corey called into The Ramsey Show recently … Read more
Sri Lanka says it has reached an agreement in principle with a group of creditors including India and Japan on debt restructuring ByBHARATHA MALLAWARACHI Associated Press November 29, 2023, 8:21 AM FILE – A man fills gas into a vehicle at a fuel station in Colombo, Sri Lanka, on March 29, 2023. Sri Lanka said … Read more
Sandy Hook families who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012 Connecticut school shooting a hoax have offered to settle that debt for only pennies on the dollar — at least $85 million over 10 years. The offer was made in Jones’ personal bankruptcy case in … Read more