Cart

0

Personal Finance, Predictions, Opinions, & Comments

Financial Independence Beyond Social Security: A Guide to Sustaining Your Future

Written By: Jillian Day As you look toward the future, establishing a robust financial foundation becomes essential,particularly when reliance on Social Security or Medicare may not suffice for a secureretirement. Crafting an economic strategy that fortifies your finances requires a… Continue Reading…

Business

“Apple iPhone maker Foxconn to invest $1.5 billion in India as it looks to build beyond China”

“Foxconn Technology will invest more than $1.5 billion in an Indian construction project to fulfill the Apple supplier’s “operational needs” the company announced in Taiwanese security filings Monday. The $1.541 billion investment was made through a Foxconn subsidiary, Hon Hai Technology India Mega… Continue Reading…

Business

“Bed Bath & Beyond employees sue over 401(k) plan losses”

“Employees of the former Bed Bath & Beyond on Thursday sued the committee that oversaw its 401(k) retirement plan, saying its “imprudence” caused them to suffer millions of dollars in losses after the home furnishings retailer filed for bankruptcy. The… Continue Reading…

Business

“Overstock.com wins auction for Bed Bath & Beyond’s intellectual property, digital assets”

“Bed Bath & Beyond will live on in name only after Overstock.com won an auction for the failed home goods retailer’s intellectual property and digital assets, according to court records filed early Thursday.  The e-commerce discounter, which was selected as the stalking horse bidder for Bed Bath’s… Continue Reading…

Business

“Buy Buy Baby draws sale interest in Bed Bath & Beyond bankruptcy, one bidder looks to save stores”

“Bed Bath & Beyond is expected to be dissolved after the failed retailer declared bankruptcy, but the company’s crown jewel — Buy Buy Baby — may live to see another day… The interested parties include an unknown bidder, who would purchase… Continue Reading…

Business, Stocks

“Bed Bath & Beyond proposes reverse stock split as it struggles to avoid bankruptcy”

“Bed Bath & Beyond wants shareholders to approve a reverse stock split at an upcoming special meeting, as the retailer keeps working to avoid filing for bankruptcy, according to a securities filing late Wednesday.  The retailer’s board is calling on… Continue Reading…

Business

“Bed Bath & Beyond again warns of bankruptcy if new stock offering doesn’t pay off”

“Bed Bath & Beyond is warning of a bankruptcy filing — again — if a proposed $300 million stock offering doesn’t pay off. The beleaguered retailer said in a securities filing Thursday that its lenders downsized its loan. If it… Continue Reading…

Business

“Bed Bath & Beyond defaults on credit line, warns it can’t pay down debts”

“Bed Bath & Beyond said Thursday it doesn’t have enough cash to pay down its debts and it has defaulted on its credit line with JPMorgan, warning once again of a potential bankruptcy. Shares of Bed Bath plunged Thursday afternoon,… Continue Reading…

Business

“Bed Bath & Beyond reports 28% drop in sales as it presses ahead with turnaround plan”

“Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers… Bed Bath reiterated its full-year outlook, saying it anticipates comparable sales to decline by about 20%… Continue Reading…

Economy, Energy

“How Rising Gas Prices Drive Everyday Costs Beyond The Pump”

“EDITOR’S NOTE: It almost goes without saying that rising fuel costs will likely drive up the cost of anything that relies on transportation. As much of a no-brainer as this seems, many people are still not making the connection. If a… Continue Reading…