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A Popular Drinkware Maker Now Files An Unexpected Bankruptcy
A popular drinkware maker now files an unexpected bankruptcy after listing $10 million to $50 million in liabilities and assets in its petition. Tervis Tumbler Co., a well-known drinkware...
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A Massive Discount Chain Now Prepares For Bankruptcy
A massive discount chain now prepares for bankruptcy following years of declining sales and economic challenges. Big Lots has been facing significant challenges in recent quarters, with CEO Bruce...
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Bud Light Rival Now Cuts ‘Woke’ Policies To Avoid Boycott
A Bud Light rival now cuts its ‘woke’ policies to avoid a boycott, a controversial trend in corporate America to save declining sales. Molson Coors (TAP.A), a leading U.S. beer company, has decided to...
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Grocery Chain With 400 Locations Now Announces Unexpected Closures
A grocery chain with 400 locations now announces unexpected closures across the Northeast, with shutters happening sooner than planned. The supermarket chain Stop & Shop, which operates over 400...
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TD Bank Now Says Plans To Open Branches Has Slowed
TD Bank now says plans to open branches has slowed as it tackles its anti-money laundering issues and sets aside money for penalties. TD Bank is currently under civil and criminal investigations...
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The Treasury Now Recovers A Whopping $1.3bn In Unpaid Taxes
The Treasury now recovers a whopping $1.3bn in unpaid taxes from high net worth individuals who sought to dodge paying. The IRS announced on Friday that it has collected $1.3 billion from wealthy tax...
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Newsom Is Now Proposing Banning Hemp THC In California
Newsom is now proposing banning hemp THC in California, which would affect many businesses who’ve built a name in the community. Governor Gavin Newsom took a decisive step on Friday against the...
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Red Lobster Now Exits Its Chapter 11 Bankruptcy
Red Lobster now exits its Chapter 11 bankruptcy after receiving court approval for its restructuring plan on Thursday. On Thursday, Red Lobster announced that it has received court approval for its...
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Capital One Now Enters Lawsuit For Illegal Distribution of Data
Capital One now enters a lawsuit for the illegal distribution of data, which was shared to tech giants Facebook, Microsoft, and Google. A new class-action lawsuit claims that Capital One has engaged...
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JPMorgan CEO Says A $10K Tax Bonus Should Be Given To Americans
JPMorgan CEO says a $10k tax bonus should be given to Americans as ‘relief’, particularly to low and middle income families. In a recent interview with PBS NewsHour, JPMorgan Chase CEO Jamie Dimon...
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The US National Debt Now Surges By Whopping $684bn
The US National Debt now surges by a whopping $684bn with Fitch warning that America has failed to fix the growing debt burden. The U.S. national debt has surged dramatically, increasing by more than...
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A Massive Discount Retailer Is Now Closing Over 500 Stores
A massive discount retailer is now closing over 500 stores after officially filing for Chapter 11 bankruptcy, following initial rumors. After weeks of speculation, Big Lots has officially announced...
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AMC Now Makes An Unexpected Closure in Ohio
AMC now makes an unexpected closure in Ohio, leaving only one more movie theater location in the area, per local news. The AMC Classic in the Ohio Valley Mall has officially closed its doors, marking...
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A Beloved Music Supply Chain Now Closes All Stores
A beloved music supply chain now closes all stores following of its Chapter 11 bankruptcy after nearly 100 years in business. Family-owned music retailer Sam Ash Music, which opened its first store in...
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A New Round of Surprising Layoffs Now Hits California
A new round of surprising layoffs now hits California as more businesses file WARN notices advising of the upcoming job cuts. California is bracing for a significant wave of layoffs as multiple...
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Another Automotive Company Now Files An Unexpected Bankruptcy
Another automotive company now files an unexpected bankruptcy as it seeks hundreds of millions of dollars in loans to operate. Wheel Pros has initiated a prepackaged bankruptcy filing in the U.S....
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Analyst Now Predicts Bitcoin Will Skyrocket By Next Month
An analyst now predicts Bitcoin will skyrocket by next month as charts begin to suggest the cryptocurrency will break resistance levels. A trader who accurately predicted the May 2021 Bitcoin collapse...
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Trump Now Says He Plans To Bring Mortgage Rates Down To 3%
Trump now says he plans to bring mortgage rates down to 3% in a recent speech at the Economic Club of New York. During remarks to the Economic Club of New York, Donald Trump spoke about housing in the...
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A Massive Clothing Brand Now Closing Distribution Center in California
A massive clothing brand is now closing a distribution center in California, part of a broader restructuring plan, the company confirmed. Under Armour announced on Monday that it will close its...
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Home Depot Rival Is Now Getting Saved By Private Firm
A Home Depot rival is now getting saved by a private firm, allowing the business to continue after filing for bankruptcy and closing stores. LL Flooring, formerly known as Lumber Liquidators — a Home...
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