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This bizarre $395 frayed denim jacket from ASOS has been described as ‘a millennial shedding its skin’

A House of Holland jacket, available on ASOS, is raising eyebrows across the world. The half blue, half red frayed denim jacket retails for $395. It even has detachable sleeves, and has been described as “a millennial shedding its skin.” From Carmar Denim’s “extreme cut-out” jeans to Pretty Little Thing’s hi-vis jacket, fashion today is […]

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Giant tech firms like Uber and Tesla are lapping up junk debt, here’s why investors are lining up to lend it

WeWork, Uber and Tesla are banking on their brand name appeal to pile on junk debt typically deemed too risky for lesser known peers with better credit. Investors are eager to lend to them, favoring companies’ potential over their underlying financial health, because those chasing yield haven’t had a lot of choice lately. “In general, […]

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US F-18 fighter jet crashes into the Philippine Sea in the second USS Reagan crash in one month

A US F-18 fighter jet based on the aircraft carrier USS Ronald Reagan crashed into the Philippine Sea on Monday. Both pilots ejected safely and the Nimitz-class supercarrier’s rescue aircraft picked them up. The F-18, from Carrier Air Wing 5, went down due to “mechanical issues,” the Navy said. It’s the second military aircraft incident […]

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Facebook denies firing Oculus founder Palmer Luckey for supporting Trump (FB)

Facebook has denied a media report suggesting it fired former executive Palmer Luckey for his right-wing views. The Wall Street Journal said Luckey, the founder of Oculus, was fired after donating $10,000 to a group that posted anti-Hillary Clinton memes and after voicing support for Donald Trump. But Facebook executive Andrew Bosworth has strongly denied […]