Also this week: Netflix guidance, Allbirds pivots, Spirit’s future hangs in the air, and the Iran war dampens luxury spending.
And the UK and China’s economies expand faster than expected in the March quarter.
Our weekly collection of news bites, hot takes, and gossip around the town.
In case you missed it: News bites for the week.
The company, which was once worth more than US$4b, earlier this month announced a deal to sell its assets for US$39m.
And eight children have been killed in a school shooting in Türkiye.
The latest Young Company Finance report shows larger investments are being made rather than a lot more deals.
And recent filings by Trump’s Federal Reserve chair nominee, Kevin Warsh, suggest he might be the richest central banker of all time.
The steel supplier to Seascape and Te Kaha stadium collapsed in September 2024, putting 18 staff out of work.
The Iran war has been a silver lining for new and used car dealers selling electric vehicles as oil prices remain volatile.