Featured Slot 3

it’s a tough world out there

British newspaper The Times reported that hundreds of crowd-funders who invested an aggregate of $2.9 million (2.2 million pounds) into British builder Discovery Yachts could be in danger of losing their money since the company has entered administration, a form of bankruptcy protection in the United Kingdom. The Southampton-based sailboat builder and charter operator said it plans to appoint insolvency experts.

Read on.