More people are relying on GoFundMe to pay for rent, groceries and other necessities as living costs squeeze household budgets. The for-profit crowdfunding platform’s 2025 “Year in Help” report says campaigns created to cover “essential” expenses such as housing, utilities and food rose by 20% this year, after already quadrupling in 2024. “Monthly bills” was the platform’s second-fastest-growing category in…
President Donald Trump on Wednesday night signed a government funding bill that ends a record 43-day shutdown, reopening federal agencies that had been partially closed since October 1. The lapse in funding, the longest in U.S. history and longer than the 35-day partial shutdown of 2018–2019, halted basic federal services and left hundreds of thousands of federal employees either working…
The U.S. Senate approved legislation to reopen the federal government, pushing a negotiated deal to the House of Representatives for final action. The measure is a short-term stopgap that would extend funding through Jan. 30 and is intended to end the current shutdown once the House returns to Washington to vote. Senate leaders said the chamber’s passage brings the standoff…
Japanese conglomerate SoftBank Group Corp. announced on Tuesday that it has sold its entire stake in Nvidia Corporation, raising approximately US $5.8 billion. The stake sale, executed in October, marks a deliberate move by SoftBank to reallocate capital toward its deepening commitments in artificial intelligence. The company reported that for the six-month period ending September, net profit soared to about…
Preliminary testing by California health authorities detected bacteria capable of producing botulism toxin in ByHeart Whole Nutrition Infant Formula, triggering a voluntary recall of two product lots. The affected codes are 206VABP/251261P2 and 206VABP/251131P2, each labeled “Use by 01 Dec 2026.” The U.S. Food and Drug Administration (FDA) has advised parents and caregivers to stop using cans from these lots,…
Honda Motor Co. reported a steep deterioration in earnings for the first fiscal half through September 2025, underscoring how trade frictions and currency swings have cut into margins despite resilient demand in parts of the business. Net profit fell 37% to ¥311.8 billion (about US$2.0 billion) from ¥494.6 billion a year earlier, while revenue slipped 1.5% to ¥10.6 trillion from…
Denny’s Corporation announced it will be acquired by a consortium of investors and taken private in a transaction valued at about $620 million, including debt. The deal, unanimously approved by the board, provides $6.25 in cash per share, totaling roughly $322 million in equity value. The buyer group includes TriArtisan Capital Advisors, Treville Capital Group, and Yadav Enterprises, one of…
