Author: Press Room

Bed Bath & Beyond, the US home goods chain, has warned that there is substantial doubt about its ability to continue as a going concern, raising the prospect of one of the country’s largest retail bankruptcies since the start of the pandemic. The company, which has almost 1,000 stores, told investors it was considering strategic alternatives including a debt restructuring, raising new debt or equity, selling assets and “obtaining relief under the US bankruptcy code”.Shares in the group closed down 30 per cent on Thursday. Its market capitalisation, which stood at $17bn a decade ago, has fallen below $200mn.Bed Bath…

CNN  —  A federal judge has asked former President Donald Trump’s attorneys to turn over the names of the individuals hired to search four properties for documents late last year, a source familiar with the order told CNN. The names were handed over Wednesday night, two sources told CNN. Trump’s legal team hired two individuals to search Trump Tower in New York, the Bedminster golf club, an office location in Florida, and a storage unit in Florida where ultimately two documents with classified markings were found, CNN has previously reported. The Justice Department had removed 11 sets of classified documents…

A woman whose dismembered body was found last month in southeast Georgia still hasn’t been identified, and officials are asking for the public’s help to determine who she was. Forensic artist’s renderings were released of the woman, between 20 and 50 years old, who likely was a victim of a homicide, the Georgia Bureau of Investigation said Thursday. The woman was found Dec. 2 in the woods of a hunting club in the city of Riceboro in Liberty County.Riceboro is about 100 miles north of Jacksonville, Florida. “Additional remains were discovered within a three-mile radius on the hunting club property…

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, November 10, 2022.Brendan McDermid | ReutersU.S. stock futures jumped Friday when the December jobs report showed that employment was only slightly stronger and wage gains were less than expected, showing some signs of progress amid the Federal Reserve’s interest rate hikes to tame inflation. Dow Jones Industrial Average futures rose 370 points, or 1.12%. S&P 500 futures gained 1.10%, while Nasdaq-100 futures jumped 1.13%.The December nonfarm payrolls report showed that the U.S. economy added 223,000 jobs last month, slightly higher than the expected 200,000…

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With wildfires now a part of life in British Columbia, university researchers are studying how wildfire smoke impacts the province’s wine industry. Depending on the year, and the intensity of wildfire season, B.C.’s wines can be affected by something called smoke taint, an unpleasant byproduct of heavy smoke that can settle over a region for days or weeks at a time.The wildfire smoke can seep into ripening grapes, with affected wines tasting smoky, ashy, burnt or like medicine. According to the Australian Wine Research Institute (AWRI), “consumers have been shown to respond negatively to smoke-tainted wines.”Enter researchers at the University…

Rep.-elect Kevin McCarthy is having a rough time rounding up enough votes to gain the House speakership, and frustration appears to have boiled over onto one Republican holdout.CSPAN cameras caught McCarthy talking to Rep.-elect Andy Ogles on the House floor Thursday in an apparent attempt to garner his vote. Ogles, a Tennessee Republican, has repeatedly voted against McCarthy’s speakership bid and appears to have remained steadfast during the discussion.  As McCarthy and Ogles go back and forth during the tense conversation, McCarthy appears to become increasingly more animated and frustrated. However, what was said during the exchange remains unclear. THE VOTE FOR HOUSE…

Sofia Wilcox, from Rugby, Warwickshire, has suffered with the mystery ailment since the age of two months, with mum Daniella Creed forced to give up her business to care of herDesperate parents are fundraising to pay for specialist treatment for their little girl after making 200 trips to their GP in three years. Sofia Wilcox, three, began developing health issues when she was two months old, when she would vomit in her sleep, cough excessively, and struggled to breathe. She was diagnosed with asthma and given an inhaler, but her condition worsened so was prescribed antibiotics with doctors at a…

Doug Gottlieb is “calling bulls–t” on Skip Bayless. Fox Sports Radio host Doug Gottlieb went on a lengthy rant Wednesday against the controversial Bayless on the bonus podcast portion of his show — and he didn’t spare Shannon Sharpe, either. Gottlieb theorized exactly how and why Bayless handled the backlash from the Hamlin tweet. “No doubt the NFL is considering postponing the rest of this game – but how?” Bayless tweeted as medical personnel tended to Hamlin. “This late in the season, a game of this magnitude is crucial to the regular-season outcome … which suddenly seems so irrelevant.” Many…

Mayor Eric Adams cheered President Biden’s new border policy aimed at rapidly deporting migrants from certain countries including Cuba and Venezuela — but warned it is not enough. Biden’s new plan, revealed Thursday morning, permits the quick deportation of Cubans, Nicaraguans, Haitians and Venezuelans who illegally enter the US and sets up a new vetting process for those who want to obtain lawful entry. “For months, New Yorkers have seen an influx of asylum seekers from Cuba, Haiti, Nicaragua and Venezuela, and every day since, we have far surpassed our moral and legal mandates to serve the more than 36,400…