Astra conducts layoffs, raises debt and shifts focus to spacecraft engines in bid to survive
An Astra Spacecraft Engine during testing.AstraStruggling space company Astra is cutting 25% of its workforce, the company announced Friday, and ...
Tag: Debt
Warner Bros. Discovery loses subscribers after Max launch, but makes headway on debt paydown
Kevin Mazur | Getty Images Entertainment | Getty ImagesWarner Bros. Discovery reported second-quarter results Thursday that fell below Wall Street ...
China property giant Evergrande loses $113 billion over two years
Chinese property giant Evergrande reported Monday a net loss of over $113 billion in 2021 and 2022, and nearly $340 ...
Elon Musk says Twitter cash flow is negative due to ad revenue declines, ‘heavy debt’
SpaceX, Twitter and electric car maker Tesla CEO Elon Musk looks on as he speaks during his visit at the ...
