The owner of Redbox has filed for Chapter 11 bankruptcy

Chicken Soup for the Soul Entertainment, which acquired the movie rental service Redbox in 2022, has filed for Chapter 11 bankruptcy protection, Deadline reports. The company recently disclosed net losses of $636.6 million for 2023 in a SEC filing, and Deadline reported just a few days ago that it had suspended medical benefits and missed … Read more

NASA and Boeing say Starliner astronauts ‘are not stranded,’ but will be on the ISS for a few more weeks

NASA and Boeing plan to spend the next few weeks conducting tests on the ground in order to better understand issues with the Starliner spacecraft’s thrusters before giving its crew the go-ahead to fly back to Earth. But, officials insisted in a press conference Friday afternoon, astronauts Butch Wilmore and Suni Williams are not “stranded” … Read more

US Treasury finalizes crypto rules to prevent tax evasion

While people who own and sell cryptocurrency have always had to pay taxes on their earnings, a new rule finalized by the US Treasury Department can ensure that they’re paying the proper amount on their sales. The new rule will require cryptocurrency platforms like exchanges and payment processors to report their users’ transactions to the … Read more

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