Steward Health Care Puts All 31 Hospitals up for Sale to Address $9 Billion Debt After Filing for Bankruptcy
Steward Health Care has reportedly listed all its 31 hospitals in the United States for sale to pay off its $9 billion debt.
Funding
Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds
Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding...
Anthropic, Menlo Launches $100M Fund To Invest in AI Startups
In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools...
Poland Inches Into War Footing as It Allots 5% of 2025 GDP on Defense
Polish Foreign Minister Radoslaw Sikorski announced that it was planning to spend 5% of its gross domestic product on defense by 2025...
7-Eleven Celebrating 97th Birthday With Free Slurpees and Charity Campaign
7-Eleven is giving out free Slurpees to support Children's Miracle Net...
GM Receives $500 Million Grant From DOE For EV Production in Lansing Grand River Assembly Plant
General Motors (GM) has secured a $500 million grant from the US Depar...
Latest News
Social Security and Medicare Get Boost From Stronger US Economy, But Funds Expected to Run Short in 2035
Social Security and Medicare have improved due to stronger-than-expected economic growth. However, the safety-net programs are still expected to face a funding crisis in approximately ten years.
Heineken Announces £39 Million Investment to Reopen 62 Closed UK Pubs
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
Apple Spends Less on AI Than Rivals; Investors Worried About Sales
Despite rivals investing heavily in AI-focused infrastructure, Apple, emphasizing hardware sales, maintains a lower capital expenditure, raising concerns about its sales and competitiveness.
FCC Faces Funding Shortfall in Effort to Remove Chinese Tech Giants Huawei, ZTE From Networks
A US scheme to pay carriers and ISPs to remove Huawei and ZTE equipment from their networks is stalled owing to a $3 billion financing gap.
Affordable Connectivity Program: Congress Fights to Refuel Low-Cost Broadband Program Amid Looming Expiration
The Affordable Connectivity Program's (ACP) funding is declining, leaving New Yorkers wondering how they will afford broadband internet in their homes.
BlackRock Joins Saudi PIF for $5B Investment in Riyadh's BRIM Platform
BlackRock and Saudi Arabia's PIF launched BRIM, a $5 billion investment platform in Riyadh. The platform aims to boost foreign investment, support local markets, and foster economic transformation.
Ryan Reynolds and Rob McElhenney Jump Into Mexican Soccer With Investment in Necaxa
Ryan Reynolds and Rob McElhenney, known for owning Wrexham AFC, have acquired a stake in Mexican soccer team Club Necaxa.
Saudi Arabia's NEOM Receives $2.67 Billion Worth of Financing Facility
NEOM, a subsidiary of Saudi Arabia's sovereign wealth fund, secures new financing finality.
OpenAI Startup Fund Raises $15 Million in New Funding as It Continues to Expand Its Investment in AI Ventures
The OpenAI Startup Fund has quietly concluded a $15 million funding round.
