• 11/29/2024

AmeriMark, a Catalog and Online Retailer, Files for Bankruptcy

Wall Street Journal Owner of Dr. Leonard’s Healthcare, LTD Commodities and other direct-sale brands will seek a buyer for its assets in chapter 11. https://www.wsj.com/articles/amerimark-a-catalog-and-online-retailer-files-for-bankruptcy-fbf98d09

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Firm Retention Summary: Tuesday Morning Corp.

Wall Street Journal This is a summary of a request from the Official Committee of Unsecured Creditors of Tuesday Morning Corp. to hire Fox Rothschild LLP as Texas co-counsel, filed March 23 with the U.S. Bankruptcy Court in Fort Worth, Texas. https://www.wsj.com/articles/firm-retention-summary-tuesday-morning-corp-7d5af73

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Bed Bath & Beyond’s Stock-Sale Deluge Lures Individual Investors

Wall Street Journal Retail investors have kept trading volumes in Bed Bath & Beyond stock robust as the company floods the market with hundreds of millions of shares even while warning about a potential bankruptcy.  https://www.wsj.com/articles/bed-bath-beyonds-stock-sale-deluge-lures-retail-investors-bb9db1c5

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The Ultimate Organizer: A Suitcase With Shelves

Wall Street Journal Ever wished you could travel without (completely) unpacking? A mother-daughter duo came up with an ingenious solution that’s fast becoming a cult item. https://www.wsj.com/articles/suitcase-with-shelves-for-organized-traveling-5c2247cb

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Manhattan DA Alvin Bragg sues Rep. Jim Jordan over Trump indictment subpoenas

Fox News Manhattan District Attorney Alvin Bragg on Tuesday filed a federal lawsuit against Rep. Jim Jordan, alleging that the Republican lawmaker is trying to wage a campaign of intimidation over his prosecution of former President Donald Trump.  In his lawsuit, the Democratic D.A. said he’s taking legal action “in response to an unprecedently brazen…

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US document leak may have come from outside Pentagon: sources

Fox News The leak of dozens of U.S. documents containing in some cases what the Department of Defense is describing as “sensitive and highly-classified material” may have come from outside the Pentagon, Fox News has learned, based on conversations with a variety of American defense and intelligence officials.  As of Tuesday, 53 documents have been…

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Michael Jordan’s Signed Air Jordan Sneakers Set $2.2 Million Record

Wall Street Journal A pair of Mr. Jordan’s sneakers, worn during the Hall of Famer’s 1998 NBA Finals win, went for $2.2 million on Tuesday including fees. https://www.wsj.com/articles/michael-jordan-sneaker-million-auction-records-sothebys-air-jordans-f99f4b15

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Biden will not hold press conference in Ireland despite murmurs of White House ‘protecting’ him

Fox News President Joe Biden will not hold a press conference while in Ireland, the White House confirmed Tuesday. The announcement comes just one day after reporters blasted White House press secretary Karine Jean-Pierre for the president’s continuous refusal to take questions. It has been many months since Biden held a formal press conference, and…

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Bank Losses Can Be Gains for This Money Fund

Wall Street Journal Federated Hermes is one of the biggest players in money-market fund management, and its stock has gotten a boost alongside the recent surge of cash into those vehicles. https://www.wsj.com/articles/bank-losses-can-be-gains-for-this-money-fund-fb9ba9da

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Biggest Gains in Innovation in the Management Top 250

Wall Street Journal Exxon heads this list, followed by Allstate and Crown Castle. https://www.wsj.com/articles/exxon-mobile-biggest-gains-innovation-management-top-250-52e72fb9

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