Author: Press Room

Bed Bath & Beyond, America’s quintessential home furnishings’ chain, is fighting to stay in business. The company has avoided a bankruptcy filing for now by completing a complex stock offering that will give it an immediate injection of $225 million in funds and a pledge for $800 million in the future to pay down its current debt load. Bed Bath & Beyond is also shrinking to save money. The company said it plans to close around 400 of its roughly 760 Bed Bath & Beyond stores. It will keep open its most profitable stores in key markets. The moves are…

Access to Twitter has been restricted in Turkey, according to reports by an internet monitoring company as well as journalists and academics tracking the country’s response to the devastating earthquake this week. On Wednesday, the network monitoring firm NetBlocks said traffic filtering had been applied at the internet service provider level that was preventing Twitter users from reaching the social media site. The report coincided with user claims that Twitter was inaccessible in the country, and as President Recep Tayyip Erdogan began a tour of the affected region. It also comes as Turkish police detain individuals after sharing “provocative posts”…

CNN  —  Newly minted White House chief of staff Jeff Zients has tapped Natalie Quillian, his former deputy on the Covid response team, to serve as deputy White House chief of staff, White House officials told CNN. Quillian was widely expected to join Zients once again at the White House and now becomes one of three deputy chiefs of staff, alongside Jen O’Malley Dillon and Bruce Reed. The Washington Post was first to report her appointment. Quillian will focus on managing the implementation of Biden’s major pieces of legislation, working closely with senior advisers Mitch Landrieu and John Podesta to…

“It’s chic to repeat,” Cate Blanchett’s stylist Elizabeth Stewart posted on Instagram as the actor rewore a series of looks at Venice Film Festival in 2020. First, there was the sequined gown by Esteban Cortazar that she first wore at the London premiere of Carol. Then there was the reworked Alexander McQueen dress, which she had transformed into a top that she could pair with trousers—showing what a dash of imagination can do in the world of red-carpet fashion. It’s not the only time that Blanchett has repeated looks on the red carpet. She brought back a black lace Armani Privé…

A North Carolina grandmother has been arrested and charged with murder after allegedly beating her 8-year-old granddaughter to death.Shortly after 4 p.m. Tuesday, deputies with the Nash County Sheriff’s Office were called to a hospital after a juvenile was taken into the emergency room with severe injuries and was pronounced dead upon arrival.Authorities were able to determine the child was living in a Nashville, North Carolina, home and went to the address to follow up.Investigators determined the girl was beaten so severely by her grandmother that she died from her injuries.NC BILL LIMITING GENDER IDENTITY, SEXUALITY EDUCATION IN SCHOOL TO…

The search for missing mother Nicola Bulley has taken a desperate turn as the specialist dive team ends its involvement after two exhaustive days and some speculate that she did not, in fact, fall into the river. Peter Faulding, who led the search in the River Wyre in Lancashire, England, said his team had done all it could and would pull out of the search Wednesday. The team used sonar equipment to search roughly three miles of the river but found nothing. “Wherever she is, I hope closure comes soon,” Faulding told reporters. “All the family are clearly distraught.”  Bulley, 45, vanished…

The Fight Out presale has now raised more than $4 million as it continues to race through its allocation ahead of a major 2023.The project is set to revolutionize the fitness world and move to earn, with its new fitness app rewarding users who complete workouts at home or in a gym.FGHT tokens are on sale for $0.02060 at the time of writing but increase in price every 12 hours.By the end of the presale – March 31, 2023 – FGHT tokens will cost $0.0333, an increase of 62% from the current price.Presale investors can also earn 50% extra in…

Google CEO Sundar Pichai speaks during the Google I/O keynote session at Shoreline Amphitheatre in Mountain View, California on May 7, 2019.Josh Edelson | AFP | Getty ImagesShares of Google’s parent Alphabet tumbled more than 8% Wednesday after the company held an event that promoted its new artificial intelligence chatbot called Bard, one day after competitor Microsoft held its own event to show off new AI technologies in its competing search engine, Bing.Google officially announced Bard Monday, confirming CNBC’s prior reporting, and the company said it will begin rolling out the technology in the coming weeks.During the event Wednesday, which…

Firefighters worked for a second day Wednesday to fully extinguish a blaze at a U.S. company’s drone plant in Latvia. Local police said nothing had been found so far to indicate sabotage.Latvia’s State Fire and Rescue Service was alerted Tuesday afternoon that a fire had broken out at Edge Autonomy’s drone production plant in Marupe, a town that borders the capital, Riga.The Baltic News Service said that although the blaze was largely contained by 7 p.m. on Tuesday, firefighters continued work to fully extinguish the fire early Wednesday.25 KILLED IN LATVIA ELDERLY HOME FIREEdge Autonomy, based in San Luis Obispo,…

Hundreds of billions of dollars in emergency unemployment benefits paid out during the COVID pandemic were likely lost to fraudsters, according to the Labor Department’s Office of Inspector General (OIG), which said losses were “at least” $191 billion and were probably higher.Labor’s OIG gave that estimate to the House Ways and Means Committee Wednesday morning, just hours after President Biden said he’s looking to pursue people who used the pandemic to steal billions of dollars in COVID aid.”As we emerge from this crisis stronger, I’m also doubling down on prosecuting criminals who stole relief money meant to keep workers and…