Macy's To Take Hefty Write-down

It is the fifth such debt-for-nature swap in the world, with the Bahamian government signing the deal with The Nature Conservancy, the Inter-American Development Bank and other financial partners. The Bahamas announced Friday that it will refinance $300 million of its external debt to free up more than $120 million for marine conservation projects and climate change mitigation.

The carmaker’s boundary-pushing commercial has been controversial, but the company says that’s hardly surprising. Tens of thousands of people on social media are criticizing luxury automaker Jaguar’s new controversial rebranding, calling it confusing and out of touch with today’s consumers. The new ad campaign leaves out the main attraction, its new electric cars, and also ditches its iconic big cat logo.

The 22-year-old is among this year’s top-earning creators. Kai Cenat reclaimed the title of most subscribed to Twitch streamer less than halfway through his planned month-long streaming marathon. Cenat launched his “Mafiathon 2” stream on Nov. 1, a “subathon” in which he continually streams a live video of himself, sometimes joined by guest stars including Lil Uzi Vert, Snoop Dogg and Serena Williams, to name a few.

Eurasia Group founder Ian Bremmer talks about the industries poised to thrive under a second Trump term on the latest episode of the ‘Rapid Response’ podcast. From tariffs and Big Tech to impacts on the free market—everyone wants to know what Donald Trump’s return to office means for the business world.

Many Americans will continue to have a difficult time finding a single-family home that they can afford to buy, which will make renting a house an attractive alternative. Rental homes will remain an attractive option next year to would-be homebuyers sidelined by high mortgage rates and rising home prices, analysts say.

Nonprofits like the American Civil Liberties Union have said the bill does not require the Treasury secretary to disclose all evidence used to make a ‘terror-supporting’ designation. The U. S. House passed legislation Thursday that would give the Treasury Department unilateral authority to strip the tax-exempt status of nonprofits it claims support terrorism, alarming civil liberties groups about how a second Trump presidency could invoke it to punish political opponents.