Bed Bath & Beyond can't pay creditors, bankruptcy looms
Bed Bath & Beyond has filed with the SEC stating they do not have available resources to pay outstanding debt and will consider a variety of strategic alternatives including further cost reductions and bankruptcy.
NFC Championship Game is most expensive conference title bout ever
The NFL playoffs continue to set records. This weekend's NFC Championship Game in Philadelphia is the most expensive conference title match ever.
Sam's Club to open over new 30 clubs across the US
Sam's Club announced Thursday that it will deepen its physical footprint by opening up more than 30 new clubs across the nation and new distribution and fulfillment centers.
China scrapping COVID policy was expected to revive global luxury retail, but many buy locally instead
While China’s luxury shoppers are free to travel to other countries, many are buying locally instead at Hainan, a tax-free island with a shopping center is dedicated to duty-free stores.
Southwest projects more losses ahead due to operational meltdown
Southwest Airlines reported a fourth quarter net loss Thursday, and warned that another loss is expected for the first quarter of fiscal 2023 due to its holiday operational meltdown.
San Diego plotting to tax drivers 'into submission' with new highway mileage toll
San Diego County Supervisor Jim Desmond says local leaders are trying to tax drivers "into submission" by converting more than 800 freeway miles into toll lanes.
Janet Yellen prioritizes South Africa's green energy transition during visit
U.S. Treasury Secretary Janet Yellen, during her 10-day visit, brought attention to South Africa's shift to using green energy sources Thursday.
Toyota president Akio Toyoda to step aside in leadership shakeup
Toyota's president and CEO Akio Toyoda will step aside to become chairman, while Koji Sato, who has been leading the Lexus luxury division and Toyota motor racing, will take over.
Fireball whisky lawsuit: Lawyer details case against liquor producer
A woman is suing the maker of Fireball saying that it has created an almost nearly identical product to its well known cinnamon whisky product that doesn't actually contain whisky.
Tesla posts Q4 financial results, CEO Elon Musk weighs in on earnings call
CEO Elon Musk participated in Tesla's earnings call on Wednesday as the electric vehicle and clean energy company released its fourth-quarter financial results.
Maersk and MSC to end 2M global shipping alliance
Maersk and MSC will end 2M Shipping alliance in 2025; comes as supply chain issues caused by the coronavirus pandemic have alleviated and global demand for trade has fallen.
Volvo Cars recalls over 106K cars worldwide
Volvo Cars is recalling approximately 106,900 cars worldwide, including multiple 2023 models. The automaker said it was already contacting affected owners.
Americans plan to increase Valentine's Day spending despite squeezed budgets
Americans apparently do not plan on skimping when it comes to spending money on their sweethearts this Valentine's Day, despite consumers feeling the squeeze of inflation.
Manchin bill would pause EV tax credit payouts
Sen. Joe Manchin announced legislation Wednesday that would direct the Treasury to implement 30D new vehicle tax credits for vehicles, calling a delay "unacceptable."
Socialism drives poverty, immigration crises: Mayor Francis Suarez
Miami Mayor Francis Suarez says socialist countries and ideology create a 'tremendous amount of poverty' which exacerbates the migrant crisis.
Cyber threats pose a danger to US' ability to wage war: Charles Beames
SpiderOak and York Space Systems Executive Chairman Charles Beames discusses the rise in cybercrimes since the pandemic, the threat of cyberattacks on national security, and the protection of data in space.
Alabama airline worker who was sucked into engine remembered as 'loving mother' of 3 kids
Courtney Edwards, the Piedmont Airlines worker who died after being sucked into a plane engine at an Alabama airport, is being remembered by her union as a “loving mother.”
Tesla investing $3.6B in Nevada Semi and battery plant
Tesla is expanding its Reno, Nevada-area Gigafactory to mass produce its new Semi truck and next-generation battery packs through a $3.6 billion investment.
Gas prices spike as demand increases: AAA
Gas prices are spiking once again as demand rises. And with a shortage of supply, prices could continue to rise throughout the winter months.
Market has 'big challenges' in front of it: Jim Lacamp
Morgan Stanley Sr. Vice President of Investments Jim Lacamp and Payne Capital Management President Ryan Payne discuss the markets ahead of earnings releases and provide outlooks for tech and energy stocks.



















