Tag: Recessions and depressions
Big Lots reaches deal to keep hundreds of US stores open
The discount chain Big Lots, which filed for bankruptcy protection in September, has reached a deal that will keep hundreds of its stores...
American consumers feeling less confident in December, Conference Board says
American consumers are feeling less confident in December, a business research group says.The Conference Board said Monday that its consumer confidence index fell...
The Container Store, buffeted by rough housing market, seeks bankruptcy protection
NEW YORK -- The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to...
Iran's rial hits a record low, battered by regional tensions and an energy crisis
TEHRAN, Iran -- The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of value since Donald...
Alex Jones keeps Infowars for now after judge rejects The Onion's winning auction bid
A federal judge in Texas rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet, criticizing the bidding for...
The Onion's bid for Infowars is still in court as judge reviews auction
A bankruptcy judge scrutinizing The Onion’s bid for Alex Jones ’ Infowars platform was expected to hear a second day of testimony Tuesday...