Keywords: Financial losses


xAI reports $1.46 billion quarterly loss amid rapid expansion

Elon Musk's artificial intelligence startup xAI posted a net loss of $1.46 billion in the third quarter of 2025, according to internal documents reviewed by Bloomberg. This marks a sharp rise from the $1 billion deficit in the first quarter, as the company burns through cash to erect massive data......

Canada Post Workers Issue Strike Notice Amid Ongoing Contract Negotiations

Canada Post employees are set to be in a legal strike position on Friday, marking one year since contract negotiations began with the Canadian Union of Postal Workers (CUPW). Early Tuesday, CUPW’s executive board issued a 72-hour strike notice covering both urban and rural mail carriers.  According......

The High-Stakes Radio Prank: Hit Radio Grapples with Soaring Losses

In the heart of Casablanca's courtroom drama, the trial surrounding the alleged "live on-air hijacking hoax" orchestrated by radio host Mohamed Bousfiha, better known as "Momo," and two other defendants took a gripping turn this Wednesday. The Court of Appeal temporarily adjourned......