Jeff Bezos, the founder of Amazon, has made headlines for his business ventures and extravagant lifestyle. One of the most notable symbols of his wealth is his superyacht, Koru, which costs around $500 million. This 417-foot luxury sailing yacht, built by Oceanco, features three towering masts and is the tallest sailing yacht in the world. […]
Tag: afloat
Wichita restaurant loses lease, but owner has plan to stay afloat until she gets new spot
Fans of Bann Thai — the Wichita Thai restaurant that’s known for its spicy fare — were disheartened last week when reports started circulating that owner Wanwaree Jackson was shutting down her restaurant, which has operated at 3811 W. 13th St. for the past eight years. But those reports aren’t completely true. At least, that’s […]
Biden is lagging in key swing states. But white non-college voters are keeping him afloat in Wisconsin.
Biden is currently trailing Trump in several critical battleground states ahead of November. But of all the swing states, Wisconsin has largely been the most receptive to Biden’s message. Biden has retained a significant level of support from the state’s bloc of white non-college voters. In 2020, Wisconsin was one of Joe Biden’s most important […]
Chinese funding keeps Cameroon’s deep seaport expansion project afloat
A small fishing town in southwest Cameroon is counting on Chinese funding to transform itself into a major Central African sea hub. The Kribi Deep Seaport, on Africa’s Atlantic coast, is being built by Chinese state-owned China Harbour Engineering Company (CHEC), and largely funded by China Eximbank which has provided around US$1.48 billion over the […]
An Inside Look at Jeff Bezos’ $500 Million Superyacht and What It Costs To Keep It Afloat
Chip Somodevilla / Getty Images Cliché but true, the second-richest man on the planet, according to Forbes, owns the tallest sailing yacht in the world. In fact, the 417-foot Koru is so big, it has its own 250-foot support vessel. Priced at $500 million, the Koru hit the sea for the first time in 2023 […]
A wave of retirees is about to blow through their savings and cling to Social Security to stay afloat
Peak boomers are getting ready to retire.REUTERS/Mike Blake Over 30 million “peak boomers” are entering retirement financially unprepared. The economy could take a hit, with industries like manufacturing and education needing to replace boomer workers. Those new retirees will likely be disproportionately leaning on Social Security to stay afloat. The youngest baby boomers are about […]
French IT firm Atos was once a crown jewel valued at $15 billion. Now, it’s drowning in debt and the government is helping it stay afloat
Atos has earned France a great deal of tech repute, whether with its shiny Olympics partnership or with the massive growth that made it one of Europe’s top IT companies. It’s also a strategically important company for France given its deep military and nuclear industry ties. At the peak of its success in 2017, led […]
Businesses in Brooklyn’s ‘Little Pakistan’ struggling to stay afloat
MIDWOOD, Brooklyn (PIX11) — Beloved businesses in Brooklyn’s “Little Pakistan” are struggling to stay afloat due to rising costs, raising concerns about the future of the vibrant community hub. Nosheen Ahmed, owner of Future Fashion, a cornerstone of the community for over 33 years, shared the challenges they’re facing. “Everything is increasing,” Ahmed said. “Since […]
Bureaucrats threatened to sink my fishing business. Supreme Court can keep others afloat.
I’ve spent eight years fighting the federal government to protect my livelihood. I’ve even filed a lawsuit in federal court. Now, the Supreme Court is set to hear a case like mine on Wednesday, Loper Bright Enterprises v. Raimondo. The stakes are much higher than just protecting fishermen like me. This is a chance to restore […]
Investors looking to share buybacks to keep US stock market afloat
(Bloomberg) — Stocks started 2024 with a limp. But that could change this week as earnings season kicks off and companies start announcing their plans for share repurchases, something investors hope will help the market keep last year’s rally running. Most Read from Bloomberg Bulls may need the support, as hedge funds and retail investors […]