Finance News – Losses
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Eminem, AI and me: why artists need new laws in the digital age | Alexander Hurst
The inability to legally quote song lyrics highlights challenges for creators and consumers, while financial risks tied to speculative trading underscore the need for clearer regul...
Read Full Article →Crypto losses hit $2.5B in first half of 2025, but hacks fall in Q2: CertiK
During the first six months of 2025, cryptocurrency faced substantial financial setbacks totaling $2.5 billion, with wallet breaches causing the largest individual losses despite a...
Read Full Article →S&P 500 Gains and Losses Today: Benchmark Index Ticks Lower After Two Days of Record Highs
The recent slight decline in the benchmark index follows a period of strong upward momentum, reflecting ongoing market fluctuations that may influence investor sentiment and portfo...
Read Full Article →Gousto ‘never better’ after cutting losses by over £50m
Gousto has significantly improved its financial position in 2024 by reducing its pre-tax deficit to £20.3 million, following a substantially higher loss reported in the previous ye...
Read Full Article →In another tragic wildfire season, here’s how to help clients financially prepare for the worst
Rising incidents of extreme weather are leading to increased insurance claims and costs, highlighting the importance of advising clients on strategies to manage potential financial...
Read Full Article →Randox: Losses widen at Covid-19 testing giant
Randox, a leading Covid-19 testing company based in Northern Ireland, has reported a pre-tax deficit of £51.8 million for the year ending June 30, 2024, following previous substant...
Read Full Article →Nobitex exchange begins restoring service after $90M exploit by pro-Israel hacker group
Nobitex exchange is gradually reestablishing user wallet access after a cyberattack caused financial damage exceeding ninety million dollars, affecting its position as Iran’s large...
Read Full Article →Why Spanish Vanadi Coffee’s $1.1B Bitcoin Bet Will ‘Likely Fail’
Despite operating only six stores and facing substantial losses, Vanadi Coffee aims to improve its financial situation and investor trust by shifting its focus toward cryptocurrenc...
Read Full Article →Shareholders of struggling Spanish chain Vanadi Coffee back €1 billion Bitcoin plan
Despite recent heavy losses, the Alicante coffee chain’s shareholders endorsed a €1 billion cryptocurrency initiative, which has contributed to a recovery in the company’s stock va...
Read Full Article →‘He left us with nothing’: the British investors swindled by a German property firm
The insolvency of a German real estate company has resulted in significant financial losses for thousands of British and Irish investors, with recovery efforts for over one billion...
Read Full Article →Wells Fargo clears another Fed hurdle as banks pass stress tests
The successful completion of regulatory assessments demonstrates the stability of major financial institutions despite significant hypothetical losses, indicating their ability to...
Read Full Article →Crypto’s Worst Six Months Yet? North Korea Hacks Lead to $2.1B in Thefts
According to a recent TRM Labs report, cyberattacks connected to North Korea have caused financial damages amounting to more than $1.6 billion within the past six months in the cry...
Read Full Article →Crypto seed phrase, front-end hacks drive record losses in 2025: TRM Labs
According to TRM Labs, vulnerabilities related to private keys and user interface breaches have contributed to the majority of the $2.1 billion in cryptocurrency thefts recorded in...
Read Full Article →Israeli units may have used $90 million Nobitex exploit to gather internal data, says TRM Labs
A recent cyberattack on Iran's major cryptocurrency platform reportedly involved sophisticated methods that led to significant financial losses estimated at around ninety million d...
Read Full Article →What oil’s big pullback this week may mean for the U.S. stock market
The recent sharp decline in oil prices could influence investor sentiment and market dynamics, potentially affecting sectors linked to energy costs and broader economic growth in t...
Read Full Article →Technology Unleashes the Power of Year-Round Tax-Loss Harvesting
Advancements in technology enable investors to consistently identify and realize investment losses over time, potentially improving tax efficiency and optimizing overall portfolio...
Read Full Article →S&P 500 Gains & Losses Today: Paychex Stock Drops; Nvidia, Supermicro Rise
The fluctuations in key technology and payroll service stocks influenced market performance, reflecting investor responses to recent earnings reports and broader economic indicator...
Read Full Article →Fuzzland says ex-employee was behind $2M Bedrock UniBTC exploit
The incident involving unauthorized access and malicious software led to a substantial financial loss of $2 million for Bedrock’s UniBTC platform, highlighting significant risks in...
Read Full Article →Bella Italia owner slashes losses after shedding 700 jobs
The company behind several restaurant chains reduced its workforce significantly, resulting in a notable decrease in financial deficits reported in the most recent fiscal period.
Read Full Article →S&P 500 Gains & Losses Today: Robotaxi Drives Tesla Surge, Supermicro Stock Drops
Tesla's stock experienced a notable increase due to developments in autonomous vehicle technology, while shares of Supermicro declined, reflecting mixed investor sentiment in the b...
Read Full Article →FTX seeks to block 3AC’s $1.5B claim, alleges self-inflicted losses
FTX’s bankruptcy proceedings involve a significant dispute as the estate challenges a $1.5 billion claim by Three Arrows Capital, highlighting complex financial losses linked to hi...
Read Full Article →INVESTOR NOTICE: Apple Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action...
Shareholders experiencing significant declines in Apple Inc. stock value may have the option to participate in legal proceedings seeking potential financial remedies and recovery f...
Read Full Article →River Island plans to close 33 stores, putting hundreds of jobs at risk
The retailer is undergoing a restructuring that involves shutting multiple locations and threatens significant employment reductions as it addresses financial challenges caused by...
Read Full Article →Why is Story crypto price down today?
The recent decline in Story IP’s value reflects a decrease in market interest, contributing to continued financial setbacks following its earlier surge in demand.
Read Full Article →Good News For Buyers: Investors Are Selling Homes to Cut Their Losses
Many homeowners are choosing to sell their properties despite market conditions, aiming to minimize financial setbacks and reallocate their investments more effectively.
Read Full Article →Matalan: Huge losses continue as almost 200 jobs lost
Matalan’s ongoing financial difficulties are reflected in a significant pre-tax deficit exceeding £60 million, accompanied by a substantial workforce reduction as the company’s rev...
Read Full Article →New York authorities freeze $300K linked to crypto scammers
Authorities in New York have seized $300,000 connected to fraudulent digital asset promotions on social media, which resulted in over $1 million in financial damages to affected in...
Read Full Article →Steel Dynamics' Outlook Comes Up Short, But Some Positives Mute Stock Losses
Despite falling short of expectations, Steel Dynamics reported certain encouraging factors that helped mitigate the overall decline in its stock value during the recent financial p...
Read Full Article →NYC officials bust Facebook-fueled crypto scam targeting Russian-speaking residents
Authorities in New York uncovered a fraudulent cryptocurrency operation linked to Facebook, which led to financial damages exceeding one million dollars and affected over three hun...
Read Full Article →Peel Hunt: Bonuses scrapped for third year running
Despite ongoing financial challenges at Peel Hunt, senior executives received substantial fixed salaries while variable performance-related payments were withheld for the third con...
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