Sears, The Retail Giant That Changed America, Declares Bankruptcy
Sears, the chain that changed the retail industry in America, has filed for Chapter 11 bankruptcy protection just after midnight early hours of Monday, ahead of the crucial holiday shopping season, The 132-year-old More...
Toys R Us to Close All US and UK Stores
Six months after filing for bankruptcy protection in September in the US and one month after doing the same in the UK, Toys R Us, the toy superstore chain, is shutting down all 900 stores across US and More...
Weinstein Company to file for bankruptcy
Weinstein company announced yesterday that it would file a bankruptcy suit after the collapse of negotiations for the sale its assets to a group of investors led by Maria Contras-Sweet, who was nominated More...
After Declaring Bankruptcy Toys ‘R’ Us Is Shuttering 180 U.S. Stores
Toys ‘R’ Us Inc. said on Tuesday it will close about 180 U.S. stores in the coming months, as part of a reorganization plan to emerge from one of the largest ever bankruptcies by a specialty More...
Monarch is U.K ‘biggest ever’ airline failure
Low-cost carrier Monarch, the UK’s fifth biggest airline, go into administration. The airline stopped trading midnight on Sunday and customers due to fly from the UK have been told not to go to the More...
Israeli Cabinet approve bill to destroy binary options industry
In 2016 Israel Securities Authority banned trading in binary options for Israeli customers. On Sunday the cabinet approved a new bill extending the ban to overseas customers by online trading firms based in Israel. More...
Corruption Scandal: 13 Suspects Arrested in Israel Aerospace Industries (IAI)
Police arrested 13 suspects on Wednesday as part of a months-long undercover investigation into corruption in Israel Aerospace Industries (IAI). According to police, the suspects include several Israel Aerospace More...
Clinton Son in Law Marc Mezvinsky Closes Hedge Fund
Marc Mezvinsky,, the son in law to both Bill and Hillary Clinton, has closed his hedge fund. Have you ever heard of Marc Mezvinsky? That’s OK, neither did we. To us he’s just the Jewish guy who happened More...
Ivanka Trump Dumped by Nordtroms
The Ivanka Trump Collection has been dropped bu Nordtrom department stores. The luxury retail outlet will no longer carry the brand named for America’s First Daughter. The Collection was removed from the More...
End of an Era: American Apparel Lays Off Just About Everyone
Say goodbye to American Apparel. The company which was founded by Dov Charney is laying off just about everyone. The clothing brand was one of the few to actually employ Americans, having a factory in Los Angeles. More...