This 2018 image shows a 23andMe saliva collection kit used for DNA testing. The California-based company announced this week that it was going into bankruptcy.

Eric Baradat/AFP/Getty Images

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Eric Baradat/AFP/Getty Images

The genetic testing company 23andMe — which allows users to spit in a tube and send away the sample for a detailed DNA analysis — is filing for bankruptcy.

The California…

A bad bet doesn’t just drain a gambler’s wallet — it drains everyone around them.

When a dad has a gambling addiction, it not only exhausts his bank accounts but also affects his family, other relationships, and mental health.

According to the National Council on Problem Gambling (NCPG), an estimated five million Americans struggle with compulsive gambling, yet only about 8% seek help.

That leaves millions of families dealing with missed mortgage payments, secret credit card debt, and drained savings when gambling turns into a problem.

So, who really pays the price? The spouse? The kids? Taxpayers? Let’s find out.

How Much Does the Average Gambler Lose?

Gambling often starts with small bets, fueled by the excitement of…

Consumer credit card debt hit a record high at the end of 2024, passing $1.2 trillion for the first time in history. The climbing debt figures make sense in the context of the final months of 2024. Inflation rose for three straight months to end the year and holiday spending was up 4% year-over-year, according to the National Retail Federation. Also, credit card interest rates remained…

The Amendment applies to all proceedings pending as of its effective date, as well as to those initiated thereafter, with the sole exception of the provisions related to the new tax settlements, which apply only to proposals submitted after the Amendment’s effective date.

Below is an overview of the key changes introduced by the Amendment.

General principles, crisis detection

The Amendment:

• Extends the duty of fairness and good faith, already imposed on the debtor and creditors, to all “interested parties” involved in the restructuring;
• Imposes on the statutory auditors and/or auditors (revisore legale) the obligation to report the existence of conditions of crisis or insolvency that may trigger access to negotiated…

Romania’s construction market is facing big problems: the volume of work fell by almost 6% last year and the number of insolvencies topped 1,500 companies. The current challenges and possible solutions to overcome them were discussed and analyzed during the second edition of FORECAST Brunch, an event recently organized by the platform Vindem-Ieftin.ro, which brought together major players in this sector.

“The chaotic interventions of the authorities are discouraging construction contractors, already tried and tested by the materials crisis, the bottlenecks on the transport routes and the toxic taxes hidden in the Green Deal. It is not normal for the state to delay payments for…

Michigan State beat Ole Miss in the Sweet 16 round of March Madness on Friday in Atlanta. The sheer number of games to bet on in a short time makes the NCAA tournament popular with legal sportsbook games.

Grant Halverson/NCAA Photos via Getty Images

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Grant Halverson/NCAA Photos via Getty Images

Gambling — online and in person — is more widely accessible in the U.S. than it’s ever been, and…

Beatty Topco Limited, whose registered office is in Leeds, is the parent company of Clyde Dental Practice Ltd and Clyde Munro Group Limited, which operate 65 dental practices across Scotland. 

It was announced on Monday that Investec Bank’s private equity division has stepped in to acquire Clyde Dental Practice. 

The new owners said the daily running of the 65 practices across Scotland will remain uninterrupted for patients and staff. 

Investec also announced it had written off an undisclosed portion of its £55 million loan to Clyde Dental Practice, while Synova Capital and minority…

This is because, with the government converting spectrum dues worth ₹36,950 crore, the telecom operator would now have to pay a total of over 66% less in statutory dues over the next three years after the expiry of the current moratorium later this year. However, analysts said the company must meet a yearly ₹43,000 crore payment obligation (spectrum and adjusted gross revenue dues) to the government over FY28-31.

Without equity conversion, Vodafone Idea’s payable spectrum dues to the government would have been ₹11,000 crore for FY26. For FY27 and FY28 each, the spectrum-related outgo would have been ₹25,000 crore.

However, with the conversion, the company’s dues…