Spirit Airlines is in a tight spot. The budget airline filed for Chapter 11 bankruptcy late last year. Now, the big decision-makers are the bondholders, like Ken Griffin's Citadel. They hold the purse strings and will decide if Spirit gets the money it needs to keep flying or if it's game over. The
In the world of high-stakes investing, one name is making waves. Chris Hohn, the mastermind behind TCI Fund Management, just shattered records. His firm raked in a whopping $18. 9 billion in profits last year. This staggering amount didn't just break the bank; it also broke the record set by Ken Gri
Taiwan Semiconductor is making big moves. They are spending more money to build new factories. This is because they want to make more chips for AI. AI is a big deal right now. It needs a lot of chips. They are building these new factories in two places. One is in Taiwan. The other is in Arizona, US
The United States and Taiwan have just signed a big trade deal worth $250 billion. This isn't just about cutting tariffs on Taiwanese goods to 15%. It's about bringing high-tech jobs back to America. Taiwanese companies are planning to invest heavily in the US, especially in areas like semiconductor
Taiwan has detained a journalist and several military personnel for allegedly sharing sensitive information with individuals from mainland China. The journalist, identified only by the surname Lin, is accused of paying army officers for secrets. The amounts involved were small, ranging from a few th
A big tech partnership is shaking things up. The U. S. and Taiwan are teaming up to build more semiconductor factories in the U. S. Taiwanese tech giants are investing a huge amount of money. In return, the U. S. is making it easier for them to import goods without extra costs. But there's a catch.
Ukraine's main peace negotiator, Rustem Umerov, shared that discussions with the US about ending the war with Russia will keep going. These talks will happen at the World Economic Forum in Davos, Switzerland. Before this, Umerov and his team met with US officials in Florida. They talked about securi
Kiev is in a tough spot. The city is struggling to keep the lights on. It only has half the power it needs. This is a big deal. The mayor, Vitali Klitschko, said so himself. He's been clear about the situation. Kiev needs 1, 700 megawatts to keep things running. But it's not getting that much. The w
Ukraine is dealing with a tough situation. Russia launched a big drone attack overnight. Two people died, and many others got hurt. The attack hit several regions, including Sumy, Kharkiv, Dnipro, Zaporizhzhia, Khmelnytskyi, and Odesa. The military reported over 200 drones were used, with strikes hi
Elon Musk is making big claims against OpenAI and Microsoft. He says they owe him up to $134 billion. This is because of his early support when OpenAI was just starting out. Musk says he gave them money, connections, and even taught them how to grow a business. OpenAI and Microsoft are not happy ab
