You Searched For "Cash burning" and got 20 results
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2 mins read
Netflix is rolling in cash. What a turnaround!
Not very long ago, it was reasonable to wonder how Netflix would pay its bills. Not anymore.
Peter Kafka
2 mins read
'Shark Tank' star Kevin O'Leary says buying lunch or coffee is like burning money — and risks delaying retirement
"Shark Tank" investor Kevin O'Leary said that spending money on "stupid stuff" costs people a fortu…
Theron Mohamed
8 mins read
Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…
Juliana Kaplan,Noah Sheidlower
2 mins read
Apple's electric car crash shows even a $2.8 trillion company can't burn cash forever
The tech giant is reportedly dropping its secretive car project at a time when AI and mixed reality…
Hasan Chowdhury
1 min read
As Boeing bleeds cash, Airbus predicts it'll double the size of its fleet worldwide in the next 20 years
Airbus reports an optimistic 20-year demand outlook and expects to double its global fleet, as Boei…
Aditi Bharade
2 mins read
Meta continues to burn through cash for its flailing metaverse and VR project, which lost $3.7 billion in the 3rd quarter
Meta CEO Mark Zuckerberg said the metaverse was still a "major long-term focus," along with AI.
Jyoti Mann
2 mins read
US budget deficit blows out 64% as the nation burns cash like a 'drunken sailor'
The US budget deficit jumped to $2.3 trillion in the 12 months through June – that's a 64% increase…
Zahra Tayeb
2 mins read
It isn't just Boeing that's bleeding billions major US airlines are hemorrhaging cash too
Southwest Airlines and American Airlines reported losses in the first quarter of 2024.
Kwan Wei Kevin Tan
2 mins read
McDonald's says cash-strapped diners are choosing to eat at home more often
It's "certainly likely" that fewer people will dine out at informal restaurants this year amid risi…
Grace Dean
3 mins read
Cash is no longer king. So why are we still printing so much?
A Fed study showed that most payments are handled through debit or credit cards. However, experts s…
Lloyd Lee
4 mins read
Tough times will make startups go for ‘hero teams’, slash ad budgets and focus on profits
The anticipation of a rough funding winter may make Indian startups more conscious about their spen…
3 mins read
More unicorns focused on profitability now than just burning cash as funding winter sets in
More unicorns are turning a profit, with Molbio Diagnostics topping the charts with a profit of $46…
1 min read
X is worth 71% less now after Elon Musk took over and burned its bridges with advertisers: Fidelity
Elon Musk bought Twitter for $44 billion in October 2022. He later renamed to company to X.
Kwan Wei Kevin Tan
2 mins read
A 4,400,000% return and a $168 billion cash pile. Here are 6 juicy nuggets from Warren Buffett's new letter.
Warren Buffett's Berkshire Hathaway disclosed a $168 billion cash pile, which is more than Uber, Wa…
Theron Mohamed
3 mins read
Zomato’s Blinkit buy is a poison pill that will burn cash and delay profits
Zomato today said that it will acquire Blinkit Commerce (formerly known as Grofers India) for a …
4 mins read
Flipkart Wholesale business woos mom-and-pop stores in tier-2 cities
Flipkart Wholesale, the e-commerce giant's unit targeting Indian kirana stores with an omnichannel …
1 min read
A sexy Vegas circus paid $2.5 million in cash to buy a California town in the Mojave Desert and build a 'permanent Burning Man'
The Nipton Trading PostMark Boster/Getty Images
Robert Davis
4 mins read
Uber is draining its cash-burning Pool
In this week's Insider Tech we look at the future of shared rides at Uber, Amazon's meditation boot…
Alexei Oreskovic
1 min read
$27 billion up in smoke – that's how much cash the 3,200 startups that failed this year had raised, says PitchBook
The true scale of the venture funding cash burn is likely to be even higher than the PitchBook tall…
Kai Xiang Teo
2 mins read
The UK is burning through cash amid the energy crunch and risks stagflation unless it pushes through these growth hurdles, Mohamed El-Erian says
The UK risks stagflation unless it can push past these hurdles to its economic growth, according to…