Morgan Stanley-led Banks Sell $5.5 Billion of Elon Musk’s X Debt

A group of Morgan Stanley-led banks sold $5.5 billion of debt tied to Elon Musk’s social-media platform X, exceeding initial expectations and marking a significant milestone in their effort to free up balance sheet exposure. The sale came after investors expressed stronger-than-expected demand, with the loan initially priced at 97 cents on the dollar – … Read more

Zyxel Fails to Fix Exploitable Flaws in End-of-Life Routers

A security advisory from Zyxel reveals that the company won’t patch vulnerabilities in its end-of-life CPE Series routers, despite two actively exploited flaws being discovered by VulnCheck. The flaws, CVE-2024-40891 and CVE-2025-0890, allow attackers to execute arbitrary code on devices with weak default credentials. Zyxel advises users to replace these legacy products with newer-generation equipment … Read more

Ben Affleck to Star in Netflix Thriller ‘Animals’

Ben Affleck is set to star in the Netflix thriller “Animals”, which he will also direct. The film’s plot centers around a mayoral candidate and his wife grappling with the kidnapping of their son. Gillian Anderson joins Affleck as the female lead, following Jennifer Garner who was previously attached to the role. Affleck’s production company, … Read more

Lonzo Ball Signs 2-Year Deal with Chicago Bulls

The Chicago Bulls have agreed to a two-year, $20 million contract extension with guard Lonzo Ball, according to sources. The deal includes a team option for the second year. Ball’s remarkable return from three arthroscopic knee surgeries is a testament to his dedication and resilience. Despite missing 2½ seasons due to injury, he has regained … Read more

Kroger Workers Authorize Strike Over Unfair Labor Practice

Kroger workers in Colorado have voted to authorize a strike, with union members showing strong support for the move. The UFCW Local 7 Union, which represents meat and retail workers at Kroger stores, said that both groups voted overwhelmingly in favor of the strike. The employees plan to join picket lines from Denver, Boulder, Parker, … Read more

Workday Lays Off 1,750 Employees Amid AI Growth Potential

Workday, a leading provider of workforce management software, is cutting approximately 1,750 employees, according to CEO Carl Eschenbach’s recent email. The move comes as the company sees increasing demand for artificial intelligence (AI) and its potential to drive growth. Despite this layoff, Workday plans to continue hiring in strategic areas and exit underutilized office spaces. … Read more

Lakers Land Mark Williams in Trade Deal

The Los Angeles Lakers have acquired Charlotte Hornets center Mark Williams in exchange for Dalton Knecht and Cam Reddish, according to ESPN’s Shams Charania. This deal comes just days after the team sent Anthony Davis to the Dallas Mavericks for Luka Dončić. Mark Williams, a 7-footer from Duke, is having his best season in the … Read more