What went wrong today, on the record
Thursday, November 12, 2026 (UTC)

FTC reports $2.1 billion in US consumer losses from WhatsApp, Telegram fraud

Losses were tallied through September 30 2026, with a consumer alert issued for the schemes.

Lucid misses on revenue and earnings and borrows $1.75 billion more from Saudi ArabiaRuth CalderPepsiCo cuts about 1,000 North America jobs after a weak third quarterRuth CalderThe Children's Place files for bankruptcy owing $881 million against $742 million in assetsRuth CalderiHeartMedia and Spirit Airlines filed for bankruptcy following extended financial distressRuth CalderMicrosoft offers buyouts to about 60,000 employees, 27% of its workforceRuth CalderAI chip sell-off wipes $3 trillion off the S&P 500 in one sessionRuth CalderBoeing to cut 2,500 commercial airplanes jobs in 5% workforce reductionRuth Calder