Major departures took place at some major news outlets—popular prime-time host Tucker Carlson is leaving Fox News, while CNN’s Don Lemon says he got terminated by the network. Disney officials said that a second round of layoffs would start on April 24, as the company presses ahead with its goal to trim its global workforce…
NTD Business (April 24): Tucker Carlson Leaves Fox News; Supreme Court to Hear Social Media Cases
Bed Bath & Beyond to Close More Stores
Bed Bath & Beyond said in a filing on Monday it will be closing 150 more stores as the struggling retailer cuts costs and works to turn around its beleaguered business. The retail chain has been reducing its brick-and-mortar footprint significantly over the past year. The latest round of closures builds on the previous shutdowns of…
Bed Bath & Beyond Closing 8 More Stores in Southern California
LOS ANGELES—Retailer Bed Bath & Beyond plans to close an additional 87 stores across the United States—including over a dozen in Southern California—as the company faces likely bankruptcy proceedings. “As we work with our advisers to consider multiple paths, we are implementing actions to manage our business as efficiently as possible,” the company said in…
Bed Bath & Beyond at Risk of Stock Market Delisting
Following its failure to file Q3, 2022, results with the U.S. Securities and Exchange Commission (SEC), retail store chain Bed, Bath & Beyond has now been informed by Nasdaq that its listing is at risk, as the retailer’s financial woes continue. Bed, Bath & Beyond received a notice from the Listing Qualifications Department of Nasdaq,…
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