One long-time staple of American mall retailers has closed its doors this week, officially filing for bankruptcy. More Retailers Shut Their Doors Another one bites the dust, as teen clothing retailer rue21 joins a growing list of US retailers that are shuttering stores and filing for bankruptcy. Chapter 11 Filed The Pittsburgh-based specialty retailer filed […]
Author: Shannon Campbell
Dollar Tree Closing Nearly 1000 Stores Due to Financial Strain
Discount variety chain Dollar Tree will be closing nearly 1000 stores in the next few years. 1000 Stores Closing Dollar Tree has announced that it will be closing close to 1000 Family Dollar and Dollar Tree stores, after a review of its performance in the 2023 fiscal year. Dollar Tree Press Release In a press […]
Bank of America Sends Strong Message: Return to Office or Face Repercussions
Major multinational corporation Bank of America has sent out warnings to employees who are still working from home after calls for mandatory office hours have been ignored by some. Bank Of America Put Their Foot Down During the height of the Covid-19 pandemic, millions of office workers around the world became accustomed to the convenience […]
Boeing Executives Enjoy $500,000 in Unreported Benefits, Probe Finds
Boeing recently disclosed that they had wrongly classified $500,000 worth of personal trips for executive staff, amid ongoing problems for the company. Half a Million Undisclosed During an internal review, aviation giant Boeing admitted to spending $500,000 more on executive private jet flights than had been previously disclosed. Perks of the C–Suite Chief Executive David […]
California’s Gas Prices Show No Signs of Dropping
California motorists will need to brace themselves – gas prices are predicted to climb again in the coming months, as summer nears and geopolitical tensions increase. Gas Troubles Despite gas prices soaring in California in the last month alone, motorists in the Golden State and throughout the country may be hit with more price increases […]
Property Tax Hike Consideration in Illinois Leaves Homeowners Uneasy
The state with the second-highest property tax rates in the U.S. is looking to raise them even higher, spiking concern amongst homeowners. Illinois Property Tax Illinois is passing legislation that could lead to an increase in property tax for some, much to the chagrin of homeowners statewide. The House Makes Moves On Thursday, the House […]
Dave Ramsey Criticizes Millennials: “They Can’t Buy Houses Because They Don’t Work”
Dave Ramsey has lashed out at younger critics of his financial advice, calling them “just awful” in an explosive Fox interview. Ramsey Faces Youth Critics In a recent interview with Fox Business, American financial advisor and radio personality Dave Ramsey blasted his Gen Z and Millenial critics, who have taken to social media platforms like […]
99 Cents Only Stores Cease Operations, Closing 371 Outlets
Another discount retailer bites the dust in the U.S. due to compounding economic stresses, leaving West Coast dollar store shoppers bereft. 99 Cents Ending Shoppers in states like California and Nevada are flooding into the iconic 99 Cents Only discount stores after the chain announced last Friday that it would be closing all 371 of […]
Walmart Reaches $45M Overcharging Settlement, Customers Could Receive Up to $500
Walmart is facing a $45 million lawsuit, and you could be eligible to receive a $500 million payout as part of the settlement. Payday for Some Walmart Customers You could be entitled to a $500 payout as part of a massive lawsuit settlement paid by retail giant Walmart after accusations of overcharging customers. Walmart Overcharging […]
Tesla’s Sales Drop, Investor Points Finger at CEO’s “Toxic” Conduct
It’s been a disappointing week for Tesla, and some people – including investors – are blaming the company’s public-facing CEO. Tesla in Trouble? EV giant Tesla has released sales figures for the first quarter of the year, and the results were underwhelming. Company deliveries have dropped for the first time in nearly four years. First […]