Bed Bath & Beyond, a retail giant that has been a staple in the home goods industry for decades, has filed for bankruptcy. The company, which has been struggling to stay afloat in the face of competition from online retailers, announced the news on Tuesday. The filing comes as no surprise to many, as the […]
The recent news of Bed Bath & Beyond filing for bankruptcy has left many shoppers wondering how it will affect their ability to use coupons and make purchases. The good news is that the company is still operating and customers can still use their coupons and make purchases. However, the bankruptcy filing does mean that […]
SVB Staffers Rejoice as $25 Million in Payroll is Unstuck SVB Financial Group, a leading financial services company, recently announced that thousands of its staff members will receive a total of $25 million in payroll that had been stuck in a stock purchase program. The news was met with great joy and relief by the […]
The End of an Era: BuzzFeed News Closes Its Doors It’s the end of an era for news media as BuzzFeed News announced it is shutting down. The news outlet, which was founded in 2006, has been a major player in the digital media landscape for over a decade. BuzzFeed News was known for its […]
Disney Takes a Stand Against Florida Politicians Disney is taking a stand against Florida politicians, including Governor Ron DeSantis and his allies, by instructing its lobbyists to step up their fight. The move comes as the company faces increasing pressure from the state government to reopen its theme parks and resorts. Disney has been vocal […]
The banking sector has been under a great deal of stress in recent months, and First Republic Bank is feeling the effects. The company’s stock has been sinking as analysts monitor the situation, despite some improvements in the sector. First Republic Bank is a leading provider of banking services in the United States, offering a […]
First Republic Bank Sees Significant Drop in Deposits in Q1 First Republic Bank has reported a significant drop in deposits in the first quarter of 2021. According to the bank’s financial statement, deposits tumbled 40% to $104.5 billion, compared to the same period last year. The bank attributed the decline to the economic uncertainty caused […]
Disney Takes Legal Action Against Florida Governor Over Control of Reedy Creek District Disney has taken legal action against Florida Governor Ron DeSantis over control of the Reedy Creek Improvement District, a self-governing district that includes Walt Disney World. The lawsuit, filed in Orange County Circuit Court, claims that the governor has overstepped his authority […]
The End of an Era: GM to Discontinue Production of Chevy Bolt EV The news has been confirmed: General Motors (GM) will be ending production of the Chevy Bolt EV, its first mass-market electric vehicle, this year. The Bolt was a revolutionary vehicle, introducing a new era of electric vehicles to the market. The Bolt […]
The First Republic Bank has been seized by the Federal Deposit Insurance Corporation (FDIC) and sold to JPMorgan Chase & Co. in a deal that will see the bank’s assets and deposits transferred to the banking giant. The FDIC announced the sale on Friday, saying that JPMorgan will acquire all of First Republic’s deposits and […]