Bad companies can survive when times are good, even if their business models fundamentally don't work. Carvana (NYSE: CVNA) and Wayfair (NYSE: W) made the most of the sky-high demand for used cars and home goods during the pandemic, but the bonanza is now over. Both companies are burning cash and are buried in debt, and neither might make it out of a prolonged recession.
They said what they said.
After his latest two-goal haul for Al-Nassr, Portuguese superstar Cristiano Ronaldo has insisted that he will not be retiring any time soon.
Friday’s Storm Shadow missile strike on the Kremlin’s Black Sea Fleet headquarters in occupied Crimea killed and badly injured several Russian military commanders, Ukraine has said.
Even China's population of 1.4 billion would not be enough to fill all the empty apartments littered across the country, a former official said on Saturday, in a rare public critique of the country's crisis-hit property market. China's property sector, once the pillar of the economy, has slumped since 2021 when real estate giant China Evergrande Group defaulted on its debt obligations following a clampdown on new borrowing.
The 13-foot male alligator was ‘humanely killed’
The iPhone 15 is having trouble grabbing data from older iPhones, so Apple has issued a quick fix that works
A busker singing Tina Turner asks a woman to sing... then realises she is Kelly Clarkson.Source: Kelly Clarkson
According to reports, Marcus Rashford and Paul Pogba 'turned down' the Manchester United captain's armband during Ole Gunnar Solskjaer's time as manager.
Pope Francis has hit out at countries “pulling back” from giving weapons to Ukraine in an apparent jab at the Polish government.
According to reports, Brazil international Rodrygo is 'ready to leave' Spanish giants Real Madrid amid interest from Premier League side Liverpool.
The Duke of Sussex must give due notice if he wishes to stay on a royal estate, The Telegraph understands, after he was denied a room at Windsor Castle earlier this month.
General Milley recently gave damning interview about Trump’s past comments
Think ‘ulu’ and images of a remote locale flanked by nothing but sprawling nature might come to mind. Jalan Benaan Kapal Food Centre is none of that, yet a hard squint might leave you thinking otherwise. This hidden kopitiam is home to the simply named Kway Chap, a hawker phenomenon that’s been selling its namesake dish […] The post Kway Chap: Elderly couple selling homely kway chap at hidden Jalan Benaan Kapal coffeeshop for 20 years appeared first on SETHLUI.com.
With the much-loved JCube’s closure in Aug 2023, many shoppers have been left with a mall-sized hole in their hearts. But not for long. Featuring a tactfully curated collection of 10 hawker stalls, Kim San Leng‘s latest coffeeshop is set to become a new dining hotspot for shoppers and residents in Jurong. The eatery first […] The post New in town: Kim San Leng — New Jurong coffeeshop has Ipoh-style zi char, prawn bak chor mee & braised pork buns appeared first on SETHLUI.com.
China won the first gold medal of the Hangzhou Asian Games and then cleaned up in the swimming events on Sunday, breaking several records in the process."I am very excited as it's my first Asian Games," she said, clutching her gold medal.
A woman whose remains were found in the jaws of a nearly 14ft-long alligator in Florida had earlier been arrested for trespassing in nearby wetlands.
A prominent Uyghur academic who was a visiting scholar at the University of Cambridge has been sentenced to life in prison amid China’s crackdown on the ethnic muslim minority.
‘Zulu’ star, 90, also claimed that national service should be reinstated for young men
A plan to rename an Oxford college after a Vietnamese “bikini airline” tycoon has been dropped after a promised £155 million donation failed to materialise, The Telegraph understands.
Lewis Hamilton criticised Mercedes’ tactics and suggested he and George Russell needed to “work as a team” after on-track battles throughout the Japanese Grand Prix.
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