Hindenburg shorts Carvana, calls turnaround a ‘mirage’ newsthirst.

CFOTO | Future Publishing | Getty Images Noted short seller Hindenburg Research disclosed a bet against Carvana on Thursday, claiming the online used car retailer’s recent turnaround is a “mirage” that’s being propped up by unstable loans and accounting manipulation. The report centers on Carvana’s practice of loan sales as well as the business relationship…

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Rosita Missoni, Italian fashion designer, dies aged 93 | Missoni newsthirst.

Rosita Missoni, the esteemed Italian fashion designer who co-founded the eponymous knitwear brand, has died aged 93. Internationally admired for her colourful fashion house, which she established with her husband, Ottavio, in 1953, Missoni came to be regarded as fashion royalty for being one of a group of designers who brought the Italian ready-to-wear industry…

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Cryptocurrencies jump to start 2025, bitcoin rises back above $97,000 newsthirst.

Representations of cryptocurrency Bitcoin are seen in this illustration taken November 25, 2024.  Dado Ruvic | Reuters Cryptocurrencies rose to start the year, rebounding from recent losses as investor optimism returned to the market. The price of bitcoin rose 3% to $97,426.02 Thursday, bringing its new year gain to about 4% when counting trading from the…

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