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Emirates airline began accepting cryptocurrency payments for flights on July 28 through a partnership with Crypto.com Pay, initially available to eligible UAE residents booking in Emirati dirham.
Republic National Distributing Company, a 128-year-old beer and wine distributor, filed for Chapter 11 bankruptcy protection citing declining alcohol consumption and loss of major suppliers.
Meta shares declined over 6% after the company issued weaker-than-expected revenue guidance and reported a significant decline in free cash flow amid heavy artificial intelligence infrastructure spending.
Microsoft’s stock rose 3% in extended trading after the company reported fiscal Q4 revenue growth of 18% year-over-year, with Azure cloud business revenue exceeding $100 billion for the first time in the fiscal year.
Long John Silver’s, a 56-year-old seafood fast-food chain, has closed over half its restaurants, dropping from a peak of 1,081 locations to approximately 494 as of the latest count.
Hims and Hers shares declined 10% after the FTC sued the telehealth company over allegations of misleading consumers regarding data privacy, billing practices, and subscription cancellations.
