Jason B on X: "Responsibility Is Where Rebuilding Begins" / X Responsibility Is Where Rebuilding Begins

Check out are article on X. x.com/therebuilddo...
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Treasury Wine Estates Reports A$649.4 Million Loss After Major U.S. Business Write-Down Australian wine giant suspends dividend as U.S. and China market challenges drive sharp revenue and earnings declines

FYI: Treasury Wine Estates Reports A$649.4 Million Loss After Major U.S. Business Write-Down #TreasuryWineEstates #WineIndustry #FinancialLoss #USMarket #ChinaMarket

Treasury Wine Estates Reports A$649.4 Million Loss After Major U.S. Business Write-Down Australian wine giant suspends dividend as U.S. and China market challenges drive sharp revenue and earnings declines

Treasury Wine Estates Reports A$649.4 Million Loss After Major U.S. Business Write-Down #WineIndustry #TreasuryWineEstates #WineMarket #InvestmentNews #FinancialLoss

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Makina Finance Loses $4M in ETH After Flash Loan Price Manipulation Exploit  One moment it was operating normally - then suddenly, price feeds went haywire. About 1,299 ETH vanished during what looked like routine activity. That sum now exceeds four million dollars in value. The trigger? A flash loan attack targeting Makina Finance, built on Ethereum. Not a hack of code - but an economic twist inside the system. Security teams such as PeckShield traced moves across the DUSD–DUSDC liquidity pool. Borrowed funds flooded in, shifting valuations without breaking access rules. Prices bent under pressure from artificial trades. Afterward, profits drained off-chain. What stayed behind were distorted reserves and puzzled users. No stolen keys. No failed signatures. Just manipulation riding allowed functions too far.  The exploit started, researchers say, with a $280 million flash loan taken in USDC. Of that amount, roughly $170 million went toward distorting data from the MachineShareOracle, which sets values for the targeted liquidity pool. With prices artificially raised, trades worth around $110 million passed through the system - leaving over 1,000 ETH missing afterward. What happened fits a known pattern: manipulating value via temporary shifts in market depth. Since Makina's setup depended on immediate price points, sudden influxes of borrowed funds were enough to warp them. Inserting capital, pushing valuations up, then pulling assets out while gains lasted exposed a flaw built into how prices are calculated.   Even though the exploit worked, the hacker did not receive most of the stolen money. A different actor, an MEV builder, stepped in ahead during the draining transaction and took nearly all the ETH pulled out. According to PeckShield, this twist could make getting back the assets more likely. Yet, there has been no public word from Makina on whether they have reached out to - or even found - the MEV searcher responsible.  After reviewing what happened, Makina explained the vulnerability only touched its DUSD–DUSDC Curve pool, leaving everything else untouched. Security measures kicked in across all Machines - its smart vault network - as checks continue into how deep the effects go. To stay safe, users putting liquidity in that specific pool got a heads-up to pull out whatever they had left. More details will come once the team learns more through their ongoing review.  Not long ago, flash loan attacks started showing up more often in DeFi. By October, the Bunni exchange closed for good following one such incident - $8.4 million vanished fast. Its team said restarting safely would mean spending too much on checks and oversight. Just weeks before, another hit struck Shibarium, a layer-two system. That breach pulled out $2.4 million in value almost instantly.  Even so, wider trends hint at slow progress. Chainalysis notes that losses tied to DeFi stayed modest in 2025, though value held in decentralized systems climbed back near earlier peaks. Despite lingering dangers from flash loans, safeguards within the space seem to be growing more resilient over time.

Makina Finance Loses $4M in ETH After Flash Loan Price Manipulation Exploit #CyberSecurity #FinanceSector #FinancialLoss

Westminster Loses Funds In Cyber Attack
Read More: buff.ly/HEL8yAX

#Cybersecurity #CyberAttack #PublicSector #FinancialLoss #Infosec #IncidentResponse #MunicipalSecurity #CyberCrime

Would you risk hundreds of thousands of dollars to gain 0.6% a year? That’s the real question behind self-insuring for long-term care.



#ltc #retirement #eldercare #caregiver #insurancetips #caregiverlife #1milliondollars #financialloss

Anurag Kashyap's $10M Bombay Velvet Loss: A Lesson in Frugal Living Anurag Kashyap, a prominent filmmaker known for his distinctive cinematic vision, has recently offered a rare glimpse into the philosophy that shapes his

Anurag Kashyap's $10M Bombay Velvet Loss: A Lesson in Frugal Living

#AnuragKashyap #BombayVelvet #filmmakingbudget #financialloss #frugallifestyle

More Collins Aerospace Hacking Fallout A Russian data extortion group threatened Sunday to release passenger data putatively stolen from the Dublin Airport days after its operator said it investigated a

Another Russian #cyberattack impacting many, yet Trump won't stop Putin. Can anyone expect there won't be #consequences to many? Work with us before you suffer a major #financialloss.
www.bankinfosecurity.com/more-collins...

Co-op Faces Heavy Financial Losses Following April Cyberattack   The Co-operative Group in the United Kingdom has revealed the extent of the damage caused by the cyberattack it suffered earlier this year. In its interim financial report for the first half of 2025, the company announced an £80 million (about $107 million) drop in operating profit, attributing the decline directly to the April breach. According to the report, the losses can be broken down into two areas: around £20 million spent on immediate recovery efforts and another £60 million lost in sales while core systems were out of service. The disruption also drove down overall revenue by £206 million ($277 million). Co-op expects recovery-related expenses to continue, with an additional £20 million likely to be recorded in the second half of 2025. The Attack and Data Theft In late April, Co-op had to take parts of its IT network offline after detecting suspicious activity. The incident was later confirmed to be the work of affiliates linked to Scattered Spider, operating in connection with the DragonForce ransomware group. Although the attack was stopped before files could be encrypted, the intruders managed to steal personal details of all 6.5 million members, including both current and past customers. The U.K.’s National Crime Agency arrested four individuals between the ages of 17 and 20 in July in connection with the breach. The same suspects are also believed to have played a role in cyberattacks against other well-known retailers, including Marks & Spencer and Harrods, during the same period. Operational Disruptions The breach created major technical problems that forced Co-op to rebuild its Windows domain controllers, which are critical servers that manage access across its network. With automated systems unavailable, the group had to fall back on manual operations. Staff rerouted more than 350,000 product items to franchise partners and independent co-ops to help minimize the disruption. Discount vouchers were also offered to members during the outage. Despite these efforts, the group experienced ongoing challenges, including shortages in certain product categories and steep drops in sales of items such as tobacco. The company explained that while the quick response reduced some of the damage, the weeks of system downtime and the loss of customer information took a substantial toll. Financial Position  Co-op emphasised that despite the losses, its overall financial position remains stable. The group has £800 million in available liquidity, which it says will allow it to continue operating without funding concerns while addressing long-term recovery. Executives stressed that the business remains focused on its broader goals even as it manages the fallout from the attack. The April incident highlights how cyberattacks can have wide-ranging consequences beyond stolen data, disrupting daily operations, reducing consumer trust, and inflicting heavy financial costs. For Co-op, the road to recovery will continue into the second half of 2025.

Co-op Faces Heavy Financial Losses Following April Cyberattack #Coop #DataBreach #FinancialLoss

4/9 Quebec's total investment: $510 million split between a $240-million guaranteed loan and $270-million equity stake.

The equity investment is officially lost forever.

Fréchette insists the province will recover the loan portion, but questions remain.
#FinancialLoss

Cybersecurity: The Top Business Risk Many Firms Still Struggle to Tackle   Cybersecurity has emerged as the biggest threat to modern enterprises, yet most organizations remain far from prepared to handle it. Business leaders are aware of the risks — financial losses, reputational harm, and operational disruptions but awareness has not translated into effective readiness. A recent global survey conducted in early 2025 across North America, Western Europe, and Asia-Pacific highlights this growing concern. With 600 respondents, including IT and security professionals, the study found that while executives admit to weak points in their defenses, they often lack a unified plan to build true resilience. Where businesses fall short Companies tend to focus heavily on protecting their data, ensuring quality, security, and proper governance. While crucial, these efforts alone are not enough. A resilient business must also address application security, identity management, supply chain safeguards, infrastructure defenses, and the ability to continue operations during an attack. Unfortunately, many firms still fall behind in tying all these dimensions into a cohesive strategy. Why this matters now Cyberattacks are no longer rare, one-off incidents. Nearly two-thirds of the organizations surveyed experienced at least one damaging cyber event in the past year. About one-third suffered multiple breaches in that period. These attacks caused not just stolen data but also costly downtime, compliance issues, and long-lasting damage to trust. The survey’s findings revealed that: • 38% of organizations faced major operational disruption, with outages and downtime hitting productivity hardest. • 33% reported financial losses linked directly to an attack. • Around 30% to 31% saw personal or sensitive data exposed or compromised. • Nearly a quarter of cases involved data corruption or encryption that could not be fully reversed. • Legal consequences, public backlash, and compliance failures added further damage. The message is clear: cybersecurity is not just a technical concern, it is a business survival issue. The study also shows that three once-separate areas are beginning to merge. Backup and recovery systems, once viewed as insurance, are now central to cyber resilience. Cybersecurity tools are extending beyond perimeter defense to include recovery and continuity. At the same time, data governance and compliance pressures have become inseparable from security practices. As artificial intelligence gains ground in enterprise operations, this convergence is likely to intensify. AI requires clean, reliable data to function, but it also introduces fresh security risks. Companies that cannot safeguard and recover their data risk losing competitiveness in an economy increasingly powered by digital intelligence. No safe corners in digital infrastructure Attackers are methodical and opportunistic. They exploit weak points wherever they exist whether in data systems, applications, or even AI workloads. Defenders must therefore strengthen every layer of their infrastructure. Yet, according to the survey, most organizations still leave gaps that skilled adversaries can exploit. Cybersecurity is now the most significant risk enterprises face. And while business leaders are no longer in denial about the threat, too many remain underprepared. Building resilience requires more than just securing data; it demands a comprehensive, ongoing effort across every layer of the digital ecosystem.

Cybersecurity: The Top Business Risk Many Firms Still Struggle to Tackle #AI #CyberSecurity #FinancialLoss

Luxury parka maker Canada Goose’s bigger-than-expected loss clouds revenue surge (Reuters) -Canada Goose posted a bigger-than-expected quarterly loss on Thursday, hit by higher costs from efforts to expand its retail presence and promotional campaigns that lifted demand for its puffer jackets and hoodies. The luxury goods maker’s collaboration with French designer Haider Ackermann and its push for fresh, fashion-forward styles have helped the brand connect more with customers, driving a 22.4% jump in sales in the first quarter. The company, which in May withheld from providing a fiscal 2026 forecast due to tariff-related uncertainty, has also diversified with fresh collections in categories, including eyewear, rainwear, and summer-ready pieces. Revenue in the United States, which accounts for a quarter of all sales, jumped 45.4%, while it rose 18.7% in another key market in Greater China. Total revenue of C$107.8 million ($77.86 million) easily topped expectations of a 5.36% rise to C$92.8 million. However, the company posted an adjusted loss of 91 Canadian cents per share, compared with analysts’ average estimate of a loss of 88 Canadian cents, according to data compiled by LSEG. Canada Goose cited costs related to the expansion of its global retail network and increased marketing spending with Spring-Summer 25 and Snow Goose campaigns. ($1 = 1.3846 Canadian dollars)

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Nissan posts first quarterly profit loss in more than 4 years YOKOHAMA, Japan (Reuters) -Nissan posted its first quarterly operating loss in more than four years on Wednesday as the embattled Japanese automaker took a hit from U.S. import tariffs and lower sales volumes. It reported an operating loss of 79.1 billion yen ($534.57 million) for the April-June quarter, narrower than an average estimate for a 123.9 billion yen loss in a survey of five analysts by LSEG. ($1 = 147.9700 yen) With 7201 making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed 7201 alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including 7201, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is 7201 poised for similar growth? Don't miss the opportunity to find out.

Click Subscribe #Nissan #AutomotiveNews #FinancialLoss #QuarterlyReport #Investing

3/ Financial woes: VerSe’s FY23 loss hit ₹1,151 crore, up from ₹845 crore. Josh burns cash with little return, relying on brand ads, not scalable in tier-2/3 markets. #FinancialLoss #MonetizationChallenges

3/ Where it went wrong: Content audiences didn’t convert to buyers. Integration failed, cultures clashed, and CAC stayed high (₹900+). Losses soared from ₹43 crore (FY21) to ₹917 crore (FY23). #IntegrationIssues #FinancialLoss

World's Largest Pension Fund Now Loses $61bn As Dollar Falls The Government Pension Investment Fund reports a $61bn loss in Q1 2025. Explore the factors driving this significant decline.

World's Largest Pension Fund Now Loses $61bn As Dollar Falls

#PensionFund #GPIF #USDollar #FinancialLoss #InvestmentStrategy #GlobalMarkets #CurrencyFluctuations #EconomicImpact #Japan #InstitutionalInvestors #MarketVolatility #LongTermInvesting #AssetManagement #GeopoliticalTensions #News

Exclusive-UAW investment blunder cost the union an estimated $80 million, documents show By Kalea Hall and Nora Eckert DETROIT (Reuters) -The United Auto Workers’ leadership is mired in turmoil over allegations of an investment blunder that officials say cost the union about $80 million in potential gains from its financial portfolio, according to seven UAW officials and employees and union documents reviewed by Reuters. The investment funds were liquidated to pay striking workers in 2023 but weren’t reinvested in accordance with the union’s investment policy for more than a year, according to the documents and the UAW officials and staffers who spoke on condition of anonymity. The details of the investment dispute at the union, including the estimate of foregone gains, have not previously been reported. The loss is an estimate of what the union would have earned had the money been invested in the stock market and other assets in accordance with the union’s policy during that time. The UAW represents nearly 400,000 members, including 150,000 workers at the Detroit Three automakers: General Motors (NYSE:GM), Ford, and Jeep-maker Stellantis (NYSE:STLA). UAW investment policy calls for keeping about 30% of its money in stocks, 53% fixed income and 17% alternative investments, according to three union sources and the documents. The board voted to liquidate about $340 million in stock investments in August 2023 to pay strike costs, according to a union document reviewed by Reuters. The wording of the vote stipulated that the money be reinvested according to union policy after the strike ended and the labor contracts were ratified, though it didn’t specify how quickly. But almost none of its portfolio was invested in stocks during the year after the strike began in September 2023, according to the records reviewed by Reuters. The news agency was unable to establish why the stock investment wasn’t made. The issue of why the union did not reinvest the funds for more than a year is now being investigated by the federal monitor which was appointed as part of a 2020 settlement between the UAW and the U.S. Department of Justice to resolve a union corruption scandal, according to a statement from a majority of UAW board members. UAW President Shawn Fain and Secretary-Treasurer Margaret Mock did not respond to requests for comment on the failure to invest union dues. Mock’s attorney, Michael Nicholson, declined to comment on why the union’s money wasn’t promptly reinvested in stocks or Mock’s role, but told Reuters that responsibility for UAW’s investments is shared by the union president, secretary-treasurer and its three vice presidents, citing a 1996 UAW resolution. “We welcome the monitor’s review regarding investments, because we believe that any accusations against Margaret Mock are unfounded,” he added. The financial setback is the latest challenge for the UAW. The union had been resurgent after the late-2023 strike, the union’s first against all three major Detroit automakers at the same time, which culminated in record contract gains from GM, Ford and Stellantis. The union also successfully organized a Volkswagen (ETR:VOWG_p) factory in Tennessee in April 2024 after decades of failed union drives in the southern United States. Since then, though, the UAW’s organizing momentum has stalled, including a failed unionization vote at an Alabama Mercedes-Benz (OTC:MBGAF) plant in May 2024. LOST GAINS The tensions over union investments emerged late last year as some board members started questioning why the union’s return on its portfolio seemed paltry relative to broader stock-market gains, according to union documents and five people familiar with the matter. In August 2023, the UAW board voted to sell all of the equities in its strike fund, leaving the remainder invested in a mix of cash, bonds and alternative investments, according to the documents and people familiar with the matter. The following month, UAW workers walked out of the carmakers’ factories for about six weeks and were paid $500 a week from the union’s strike fund. Any money remaining after the contracts with the car companies were ratified in November was to be reinvested per the union’s investment policy. But rather than reinvesting in stocks, the funds were placed in a mix of cash, fixed-income and alternative assets through September 2024 when the portfolio contained 5% in equities, the documents show. In late 2024, Fain asked in one meeting why the union was getting lower returns on its portfolio than he could in a cash bank account, according to four people present at the gathering. In February 2025, union staff conducted an analysis that showed the union might have earned $80 million more if its portfolio had been invested according to union policy, according to a document viewed by Reuters. The document did not detail their methodology, but union sources said it was based on a comparison of the union portfolio’s actual results to what the returns would have been under its policy, which includes a 30% allocation in a fund that tracks the Russell 3000 index, the UAW’s preferred equity investment, according to people familiar with the matter. That fund grew 33% from late November 2023, after the contracts were ratified, through January 2025, shortly after UAW officials raised their concerns. The union worked with the financial firm Segal Marco Advisors to manage its strike trust of about $1 billion, the people and documents said. Reuters couldn’t establish how the firm advised the union to manage the liquidated funds. The firm didn’t respond to requests for comment. TROUBLED HISTORY Apart from the dispute over the UAW’s investment decisions, broader tensions between Fain and Mock burst into public view Tuesday with the release of a report by the union’s federal monitor that found Fain improperly stripped Mock of some of her duties in February 2024 because she wouldn’t authorize expenditures related to strike preparation and organizing drives. The UAW declined to comment on either the report or the investment concerns, citing a federal monitor’s rule prohibiting UAW public comments on active probes. The report did not address the failure to reinvest the funds after the strike. After its release, 11 of the UAW’s 14 board members – including Fain – issued a statement saying Mock had failed to produce a budget or list of union members. The statement added: “She is under investigation by the monitor for a significant compliance failure regarding our union’s investments.” The federal monitor’s office has told UAW board members that it now is investigating the post-strike failure to reinvest union funds, according to four of the people and union documents. The federal monitor declined to comment on whether it was investigating the union’s investment management and Reuters could not independently confirm it.

Click Subscribe #UAW #InvestmentBlunder #UnionNews #AutoWorkers #FinancialLoss

Unbreakable: Paul Harrington’s Rise from Addiction, Betrayal & Financial Ruin Paul Harrington hit rock bottom—battling drug addiction, feeling the sting of betrayal, and coping with devastating financial loss. In this episode, Paul reveals the exact physical routines and mental exercises he used to reclaim his life and forge unshakeable resilience. 💪🧠 Ready to transform your own struggles into strength? Smash that LIKE button, SUBSCRIBE for weekly stories of triumph, and ring the 🔔 to join our community of warriors rebuilding their lives! 🌟 📱 Connect with Paul Harrington on his social media platforms and follow his inspiring journey:  Instagram: https://www.instagram.com/beautifulchaos1966  TikTok: https://www.tiktok.com/@beautifulchaos1966  YouTubel: https://www.youtube.com/@beautifulchaos1966  📖 Paul's upcoming memoir, "Beautiful Chaos," delves into his journey through addiction, betrayal, financial loss, and the remarkable story of rebuilding his life through physical discipline and mental resilience. Through his newfound venture into podcasts and public storytelling, he embarks on the next chapter of his journey, sharing his story publicly for the first time.

📣 New Podcast! "Unbreakable: Paul Harrington’s Rise from Addiction, Betrayal & Financial Ruin" on @Spreaker #addictionrecovery #betrayalhealing #breakthecycle #empowermentstory #financialloss #healingprocess #innerstrength #lifemakeover #liferebuilding #mentalresilience #mindsetshift #riseabove

45 لاکھ بھارتی متاثر، 1.6 ارب ڈالر کا سالانہ ٹیکس بوجھ
مزید پڑھیئے: www.aaj.tv/news/30461143
#AajNews #Trump #billcontroversy #IndianImmigrants #EconomicImpact #financialloss

Bitfarms Loss Deepens | Crypto Mining News | GameFi News Bitfarms reports a sharp income drop. How does this affect the crypto mining landscape? Find out!

Blockchainbulletin News!
⚡️82% income drop! Is Bitfarms' $35.9M net loss a sign of trouble for crypto mining? Get the full story. #Bitfarms #CryptoMining #FinancialLoss

Click here↓↓↓
blockchainbulletin.net/2025/05/16/b...

Star Entertainment swings to third-quarter loss as storms, weak demand hit casinos Blog Mobile Portfolio Widgets About Us Advertise Help & Support Authors Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

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Click Subscribe #Norway #SovereignWealthFund #InvestmentNews #TechSector #FinancialLoss

جی ہاں اس کے پیچھے ایک سنجیدہ حقیقت چھپی ہے، چیٹ جی پی ٹی پر کیا گیا ہر سوال مہنگا ہے
مزید پڑھیئے www.aaj.tv/news/30455933/
#AajNews #ChatGPT #ThankYouBug #TechGlitch #AIError #FinancialLoss

Click Subscribe #StarEntertainment #CasinoNews #Investment #StockMarket #FinancialLoss

9 مئی محض احتجاج یا ریلی نہیں بلکہ ایک ادارے پر حملہ تھا، رپورٹ
مزید پڑھیئے: www.aaj.tv/news/30452640
#AajNews #9may #FinancialLoss #PunjabGovernment

82-Year-Old Declared Dead by Elon Musk's DOGE Initiative: Loss of Benefits & Bank Funds - #WorldEye

youtu.be/SJb3Qd4P0D0

#ElderlyRights #GovernmentError #FinancialLoss #SocialSecurityMistake #ElonMuskDOGE

Human error is often the spark. Norway’s $1.5tn fund lost ~$92M after a simple date entry mistake derailed key benchmark calculations. (POB2401) #FinancialLoss