Economists have a term for spending on things you can't recoup your money from; they're called "sunk costs." Sunk costs are expenses that have already been incurred and cannot be recovered ...

China’s recent submarine mishap, where a nuclear-powered attack sub sank in port, evokes memories of the USS Guitarro incident in 1969. The Guitarro, a Sturgeon-class nuclear submarine ...

Detective superintendent Mike Brown of Suffolk Police said their deaths came after the yacht Bayesian “for reasons yet to be unascertained, sank rapidly” between 4.15am and 4.45am on 19 August.

Sunk by the British off the coast of Colombia in 1708, it’s been hailed as the most valuable shipwreck in history. But while the treasure might now be in clear sight, the legal fight over who ...

An inquest into the deaths of a married Kent couple who died after a superyacht sunk has opened. Jonathan Bloomer, 70, and Judy Bloomer, 71, were two of eight people who died after the Bayesian ...

Tech tycoon Mike Lynch died from drowning after the Bayesian superyacht sank off the coast of Porticello, Sicily, an inquest heard on Friday, multiple outlets reported. Lynch, his 18-year-old ...

Mike Lynch drowned after his superyacht sank off the coast of Sicily, while his daughter’s death is still under investigation, an inquest has heard. It is believed the yacht was hit by a ...

The 59-year-old billionaire, who founded software giant Autonomy in 1996, was one of seven people who died after the yacht sank off the coast of Sicily in August. An inquest into his death ...

It's the world's first hybridized RV with in-wheel motors and also boasts a smart, sleek design that blurs the line between camper van and motorhome. For years, Bedeo has been working closely with ...

A U.S. Navy battleship sunk for training purposes following World War II has been found. The USS Stewart was deliberately sunk in 1946 off the coast of California, and later earned the nickname, "the ...

The Peterhead-based Guiding Star sank following the incident with her sister vessel Guiding Light off Fair Isle near Shetland on 6 October 2022. The eight crew were evacuated to a life craft which ...

The tragic snap was taken by a passenger onboard a vessel nearby moments before the huge boat sank off the coast of Sicily on August 19. Seven people died after the £14m vessel capsized off the ...