DIRS.INFO The most relevant business & tech news

☆ How America’s once great department stores became a dying breed
▼ + stars: | 2024-02-27 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

But department stores, focused on America’s middle class, are fading. The victims of shifting consumer tastes were not the department stores that anchored the local mall, it was the small, locally owned stores along downtown shopping districts that were closing their doors. And possibly even more than the big box competitors, department stores have suffered from consumers shifting to buying items online rather than in person. The steady closing of the department stores that once served as “anchors” of malls across suburban America has been another nail in the coffin of many malls, hurting the department stores that remained in hollowed-out malls with a fraction of their earlier traffic. Saunders said one of the primary problem for Macy’s is that its holding company, formerly known as Federated Department Stores, spent much of its resources on buying other department store brands, such May’s Department Stores, and Filene’s, rather than investing in the stores its held.

Persons: New York CNN —, Neil Sauders, ”, JC Penney, It’s, “, Neil Saunders, Shannon Stapleton, Saunders, ” Saunders, Al Bello, Sunny Zheng, Macy’s, Tony Spring, Taylor, Brian Snyder, Eddie Lambert, Michael Brown, Kearney, ” Brown, Mike Segar, Richard W, Sears, Alvah Roebuck, Sears Roebuck, Bettmann, PhotoQuest, Jack Manning, Frank Scherschel, Owen, Lucille Jagusch, Arlene Hardt, Martin Luther King Jr, Michael Ochs, Ron Frehm, Ralf, Finn Hestoft, Mark Peterson, Seth Meyers, Hugh Jackman, NBCUniversal, Kaylin Wilson, Jim Cole, Rene Johnston, Maria Alejandra Cardona, Scott Olson, Cesar Villasenor, Mel Melcon, Sarah Blesener, Paul Hennessy, Patti Naleck, Naleck, Stacey Wescott, Brown Organizations: New, New York CNN, American, Walmart, Company, Department, Sears, Target, GlobalData, JCPenney, Research, RadioShack, Reuters Sears, Federated Department Stores, May’s, Reuters, Chicago History, Sears Roebuck, Roebuck, Hulton, AP, AP Soldiers, Michael Ochs Archives, Getty, Bettmann, Kmart, Bloomberg, Toronto Star, Reuters Residents, Los Angeles Times, New York Times, Chicago Tribune, Tribune, Service Locations: New York, GlobalData, America, Nanuet , New York, North Redwood , Minnesota, Chicago, El Paso , Texas, Jackson , Mississippi, Tucson , Arizona, Caracas, Venezuela, Niles , Illinois, Morton Grove , Illinois, Baltimore, White Plains , New York, Woodfield , Illinois, Hicksville , New York, Nashua , New Hampshire, Mentor , Ohio, Mississauga , Ontario, Hialeah , Florida, Janesville , Wisconsin, Santa Monica , California, Rockaway , New Jersey, Leesburg , Florida, Schaumburg , Illinois

Donald Trump is a "loser," President Joe Biden now repeatedly says of his likely 2024 general election opponent. And of course Trump should want to debate him, Biden said, since he's "got nothing else to do." "Nevada, you’re the reason we will make Donald Trump a loser again," the president wrote on his own social media account. The Best Political Cartoons on Joe Biden View All 270 ImagesWhen Trump suggested he'd debate Biden, the president shrugged it off with a sneering remark. "I think it works for Joe Biden if it sounds like Joe Biden," Loge says.

Persons: Donald Trump, Joe Biden, Biden, Trump, He's, MAGA, he'd, shrugged, I’d, He’s, Peter Doocy, ” Doocy, ” Biden, priding, Peter Loge, Loge, Sen, Ted Cruz of, Cruz, –, Nikki Haley –, Haley Organizations: Trump, Silver State Democrats, MAGA Republicans, House Democrats, Fox News, House, George Washington University School of Media, Public Affairs, South Carolina Gov Locations: Washington, Nevada, Leesburg , Virginia, Ted Cruz of Texas

☆ Biden’s allies can’t agree on how to combat questions about his age and memory
▼ + stars: | 2024-02-09 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +12 min

How damaging are all the renewed questions about age and mental acuity going to be? One Democratic member of the House responded to being told of the questions about age and memory raised in the report with a morbid laugh and sullen shake of the head. Inside the White House and among Biden’s reelection campaign staff, the tension is constant. Biden aides also feel themselves that this hasn’t been enough. Most importantly, they reflect what Biden aides have learned from experience: Nothing combats questions about the president’s competence as much as people seeing him in action.

Persons: Joe Biden, notecards, Biden, –, Donald Trump, couldn’t, he’s, Trump, ”, West, they’ve, Annie Kuster, “, ” Kuster, don’t, Kevin McCarthy –, Emanuel, Gabe Amo, Emmanuel Macron, François Mitterrand, Abdel Fattah el, ‘ Mitterrand, Dina Titus, “ Joe Biden, Jamie Raskin, Trump’s, Jean Caroll, Raskin, ” Biden, Biden’s, Kate Berner, Andrew Bates, “ Biden, ” Bates, Bates jabbed, Beau Biden, CNN’s Haley Talbot, Kevin Liptak Organizations: Virginia CNN, Democrats, CNN, Democratic, Trump, Washington, West Wing, New, Nevada Democrat, Senate, ” Maryland, “, White, Security, Republicans, Border Patrol Union, Biden, House Democrats Locations: Leesburg, Virginia, New Hampshire, Valley Forge, Charleston, Las Vegas, Rhode Island, Israel, Mexico, Egypt, Nevada, Wilmington , Delaware

The unredacted report found that Biden carelessly handled classified materials after he left the vice presidency, even sharing classified materials with the ghostwriter for his autobiography. But the report by special counsel Robert K. Hur recommended that Biden not be prosecuted, since the evidence was not powerful enough to charge him. It was that headline Biden himself seized on Wednesday afternoon as he rallied fellow Democrats at their retreat in Leesburg, Virginia. "I was especially pleased to see the special counsel make clear the stark differences in this case and Donald Trump," Biden added, referring to the 40 -count indictment against the former president. Trump is facing serious legal consequences because of his classified documents case, but Biden may face serious political damage from the special counsel's report on his handling of classified materials.

Persons: Joe Biden, Biden, Beau, Robert K, Hur, Donald Trump, Trump, –, Jack Smith, ’, Barack Obama, Nancy Pelosi, Nikki Haley, Richard Sauber Organizations: Justice Department, Republicans, GOP, United Nations Locations: Leesburg , Virginia, Afghanistan, Leesburg, Israel

The campaign aides plan to discuss their general election message and outlook for the year, as well as ongoing mobilization efforts. “Together, President Biden, Vice President Harris, and House Democrats have delivered on a historic agenda for the American people,” Rodriguez said ahead of the meeting. Since Trump romped to resounding victories in the Iowa and New Hampshire contests last month, the Biden campaign has effectively acted as if the general election race with Trump has already started. The March engagement plan will help fortify a campaign operation and grassroots network for Biden and House Democrats that they will further ramp up as they work to persuade voters later this year. House Democrats are in the northern Virginia town, about 30 miles from Washington, for their annual retreat.

Persons: Joe Biden’s, Julie Chavez Rodriguez, Quentin Fulks, Mitch Landrieu, Louisa Terrell, Jen O’Malley Dillon, President Biden, Harris, ” Rodriguez, Biden, Donald Trump, handwringing, Trump romped, ” Organizations: WASHINGTON, —, Democrats, White, White House, House Democrats, Biden, Trump, Wednesday, Republicans Locations: Leesburg , Virginia, Chicago, Iowa, New Hampshire, New York, Virginia, Washington

☆ I was raised in Virginia but didn't appreciate it until I left. Here's what I miss most about my home state.
▼ + stars: | 2023-11-28 | by ( Hayley Hutson | ) www.businessinsider.com time to read: +5 min

I was born and raised in Virginia but I didn't appreciate it enough until I left at 22. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . These are a few of the things I miss most about living in Virginia. I was less than an hour's drive away from Washington, DCThere's a special place in my heart for Washington, DC. The state has endless opportunities for outdoor adventureIf you're the outdoorsy type, Virginia has just about everything you could hope for.

Persons: —, I've, Mount, Marc Guitard, Malachi Jacobs, Brian Balik, you'll, it's Organizations: Service, National Museum of, Marine Corps, Shenandoah, Travel Locations: Virginia, Washington, Northern Virginia, Charlotte , North Carolina, Mount Vernon, Colonial Williamsburg, DC, Charlotte, Shutterstock Virginia, Loudoun County, Middleburg

☆ Virginia's 'Data Center Alley' residents say an eerie hum is keeping them up at night
▼ + stars: | 2023-11-27 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +9 min

At the beginning of this year, she started hearing an eerie hum that got louder at night. Virginia has had explosive growth in data centers since the early 2000s, when Loudoun County started allowing data centers to be built. Loudoun County residents say the noise started this past winter and gets louder at night when it's cooler. In Loudoun County, residents said they could hear the data center even with their windows closed. Unlike previous data centers, the new ones use so-called free air cooling , designed to leverage lower temperatures to use less electricity than most data centers.

Persons: Stephanie Brookes, Brookes, Les Blomberg, he's, Mike Turner, Ted Lewis, Turner, Eric Lee, Jeff Mach, Mach, Katy Hancock, Hancock, Chris Crosby, Blomberg, it's, Lewis, Arline Bronzaft, Wire Blomberg Organizations: Business, Compass, Pollution, The Washington Post, county's, Supervisors, Loudoun County's, Public, Lehman College Locations: Loudoun County , Virginia, Virginia, Loudoun County, Leesburg, New York, Ashburn, Loudoun, Loudoun County's

FALLS CHURCH, Va. (AP) — A high-profile Democratic prosecutor in northern Virginia who pursued progressive reforms and drew criticism from Republican Gov. Biberaj conceded a day after the Loudoun County Board of Elections finished counting all ballots. Late absentee and provisional ballots narrowed Biberaj's deficit from roughly 1,000 votes to just 300 votes out of more than 135,000 ballots cast. Anderson, who served as Loudoun's top prosecutor from 1996 through 2003, spent just $70,000 on his campaign, compared to more than $1.1 million spent by Biberaj, according to the Virginia Public Access Project. "I am honored to lead this office again as Commonwealth’s Attorney-Elect for Loudoun County and deliver on my promise of restoring transparency and protecting our community from violent crime,” he said in a written statement.

Persons: Glenn Youngkin, Republican Bob Anderson, Biberaj, George Soros, Smith, sheriff's, Youngkin, Anderson, ” Organizations: Democratic, Republican Gov, Republican, Loudoun, Virginia GOP, Washington , D.C, Biberaj Locations: Va, Virginia, Loudoun County, Leesburg, Washington ,

And then, without much ceremony, several of the girls were rounded up and taken to a stockade in Leesburg, Georgia, 23 miles outside of town. Teenage girls, including Shirley Reese who is holding onto the window bars, are held inside a stockade in Leesburg, Georgia, in 1963. “(Adults) didn’t participate a lot because they had to work and take care of families,” said Carol Barner Seay, one of the Leesburg Stockade Girls, as they became known. But the story of the Leesburg Stockade Girls was soon eclipsed by the relentless drumbeat of racist violence in the American South. CNNFor years, many of the Leesburg Stockade Girls refused to speak about their harrowing experience.

Persons: CNN —, Shirley Reese, Reese, ” Reese, Danny Lyon, CNN’s Randi Kaye, ”, “, Carol Barner Seay, Seay, Seay gestured, Leesburg, “ I’d, ” Seay, ‘, ’ ” Reese, ” Shirley Reese, Lyon, Harrison A, Williams, “ We’d, haven’t Organizations: CNN, Civil Rights Movement, Martin Theater, White, CNN ‘, Student Nonviolent Coordinating Committee, Leesburg Stockade Girls, SNCC, “, Jet Magazine, Congressional, Klux Klan Locations: Americus , Georgia, Leesburg , Georgia, Georgia, Americus, Leesburg, Dawson , Georgia, ”, Lynchburg, Black, Lyon, New Jersey, American, Birmingham , Alabama

☆ A passenger died after a jet experienced 'severe turbulence' while flying over New England
▼ + stars: | 2023-03-05 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

A passenger died after a jet encountered "'severe turbulence" while flying over New England. Officials have not confirmed how the passenger died. Officials did not disclose how the passenger died or if they were wearing a seatbelt, and the extent of damage to the jet is unclear. When the fatal incident occurred, the business jet was flying from Keene, New Hampshire, to Leesburg, Virginia. The National Transportation Safety Board and Conexon did not immediately respond to Insider's request for comment.

☆ Spirit sign 15-year-old Ricketts, youngest-ever contracted in NWSL
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

March 3 (Reuters) - Washington Spirit have signed 15-year-old Chloe Ricketts on a three-year deal, making the midfielder the youngest-ever player to have a National Women's Soccer League (NWSL) contract. "The vision and infrastructure of our club make this signing possible, and we are look forward to Chloe developing and becoming an important player and teammate for our team." Ricketts will continue her education virtually, as the Spirit look to bounce back from a disappointing 2022 that saw them finish 11th in the top-flight U.S. women's league. "The opportunity to join the Washington Spirit on a professional contract is a dream come true," said Ricketts. Reporting by Amy Tennery in New York Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.

☆ Bed Bath & Beyond just missed another debt payment. See the full list of stores it will close, including Harmon and Buybuy Baby locations.
▼ + stars: | 2023-02-02 | by ( Avery Hartmans | Dominick Reuter | ) www.businessinsider.com time to read: +20 min

In addition to 87 more Bed Bath & Beyond stores, the company now says it will close all of its remaining Harmon health and beauty stores, and five Buybuy Baby stores. San Leandro: 15555 East 14th St., Suite 24015555 East 14th St., Suite 240 Burbank: 201 East Magnolia Blvd. Marina: 117 General Stilwell Drive117 General Stilwell Drive Vallejo: 105 Plaza Drive, Suite 107105 Plaza Drive, Suite 107 * Palm Desert: 72459 Highway 11172459 Highway 111 * Visalia: 3125 South Mooney Blvd. Arterial * Coralville: 2515 Corridor Way Suite 5Kansas:Lawrence: 3106 S. Iowa St., Suite 2153106 S. Iowa St., Suite 215 Manhattan: 425 3rd Place425 3rd Place * Olathe: 15335 W. 119th St.Kentucky:Elizabethtown: 1998 N. Dixie Ave.1998 N. Dixie Ave. New Hartford: 4805 Commercial Drive4805 Commercial Drive Kingston: 1187 Ulster Ave.1187 Ulster Ave. Plattsburgh: 73 Centre Drive, Suite 10073 Centre Drive, Suite 100 Farmingdale: 251 Airport Plaza Blvd.

☆ We moved to Florida but missed our old social life. Here's how we made 1,200 new friends.
▼ + stars: | 2023-01-28 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +6 min

Denise Rich and her husband Matt moved from the DC area to Melbourne, Florida, last year. I work in the defense and intelligence industry and my husband works in the defense industry. It would make sense to go there where there are a lot of defense industry jobs. But, the thing we miss the most about the DC area is all of the restaurants and breweries and wineries there. Most of the meet-ups we've been doing are over here in the Melbourne area, but we're doing one over in Winter Park.

☆ One U-Haul manager believes lots of people will still move to Florida in 2023—but not to the popular cities of Miami and Tampa Bay
▼ + stars: | 2023-01-13 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +3 min

Florida was the second-most-popular destination for U-Haul movers in 2022. Florida was the second-most-popular destination for U-Haul movers last year, second only to Texas, per a new report by the national truck-rental company. In a twist, these movers were less likely to embrace the popular cities of the pandemic era, like Miami and Tampa. People in the past year were choosing smaller, less expensive Florida areas — such as Clermont, Ocala, and The Villages, both moveBuddha and U-Haul found. It's a trend mirrored nationally, as movers sought exurban areas — suburbs with a rural feel in close proximity to cities.

☆ Bed Bath & Beyond is closing dozens of stores in 2023 — see the full list
▼ + stars: | 2023-01-10 | by ( Avery Hartmans | ) www.businessinsider.com time to read: +10 min

Bed Bath & Beyond released an updated list of store closures set to take place by March. San Leandro: 15555 East 14th St., Suite 24015555 East 14th St., Suite 240 Burbank: 201 East Magnolia Blvd. ArterialKansas:Lawrence: 3106 S. Iowa St., Suite 2153106 S. Iowa St., Suite 215 Manhattan: 425 3rd PlaceKentucky:Elizabethtown: 1998 N. Dixie Ave.1998 N. Dixie Ave. New Hartford: 4805 Commercial Drive4805 Commercial Drive Kingston: 1187 Ulster Ave.1187 Ulster Ave. Plattsburgh: 73 Centre Drive, Suite 10073 Centre Drive, Suite 100 Farmingdale: 251 Airport Plaza Blvd. Wisconsin:Mequon: 11110 N. Port Washington RoadPuerto Rico:Bayamon: Plaza Del Sol, 725 West Main Ave.Do you work for Bed Bath & Beyond?

☆ Is this the last Christmas for Sears?
▼ + stars: | 2022-11-29 | by ( Chris Isidore | ) edition.cnn.com time to read: +13 min

Easterling was at the Sears in her hometown of Jersey City, New Jersey, one of only 15 full-line Sears stores still open. The two started a catalog business selling watches and jewelry in 1888, incorporating under the Sears Roebuck name in 1893. The Sears catalog was the way many Americans first started to buy mass-produced goods. File photo/AP People shop inside a Sears store in Morton Grove, Illinois, in 1961. AP Soldiers guard a Sears store in Baltimore after riots broke out following the assassination of Martin Luther King Jr. in 1968.

☆ This move can trim or erase a tax bill if you had to sell stocks at a loss this year
▼ + stars: | 2022-11-07 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

That means many investors will have to sell assets at a loss, going against one of the most basic investing rules, to buy low and sell high. How tax loss harvesting works Investors who have sold assets at a loss this year from a brokerage account can use that to offset or even completely erase any capital gains taxes owed. If your losses exceed your capital gains or you didn't have any, you can deduct up to $3,000 of income from your federal tax bill. Evercore ISI in a Nov. 6 note made a list of such stocks that it sees as good buying opportunities if you sold a similar name for tax loss harvesting. Because of this, it may make sense to consult both a tax professional and a financial advisor to ensure you're using tax loss harvesting as efficiently as possible.

☆ Yellen to tout Biden technology investments at Virginia business incubator
▼ + stars: | 2022-10-20 | by ( David Lawder | ) www.reuters.com time to read: +3 min

WASHINGTON, Oct 19 (Reuters) - U.S. Treasury Secretary Janet Yellen is set to resume her campaign-style promotion of President Joe Biden's economic initiatives on Friday, visiting a Virginia business incubator to tout U.S. investments in research, semi-conductors, clean energy and other technologies. The Treasury said Yellen will deliver remarks and meet with entrepreneurs at the Virginia Innovation Partnership Corp (VIPC) in Herndon, Virginia, a booming Washington suburb near Dulles International Airport. Register now for FREE unlimited access to Reuters.com RegisterLast month, Yellen made similar speeches to tout infrastructure and electric vehicle investments in Detroit and visited a solar power developer in North Carolina. The Washington Metro transit system is set to soon open a nearby stop on its Dulles line called Innovation Center. Register now for FREE unlimited access to Reuters.com RegisterReporting by David Lawder; Editing by Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ The perils and promise of quantum computing are nearing. Here are ways to invest
▼ + stars: | 2022-09-24 | by ( Hugh Son | ) www.cnbc.com time to read: +11 min

"In a five- to 10-year timeframe, quantum computing will break encryption as we know it." Since its conceptual birth in the early 1980s, quantum computing has held promise for systems that could exponentially outperform today's computers. Rather than leaning on the zeroes and ones of classical computers, quantum computers emerged from quantum physics, which is the study of the fundamental building blocks of matter and energy. Those strange properties account for the technology's potentially explosive abilities; each additional qubit doubles a quantum computer's power. They are named D-Wave Systems , Rigetti Computing, IonQ , and Quantum Computing.

☆ Bed Bath & Beyond is closing 150 stores. Here are the locations confirmed so far.
▼ + stars: | 2022-09-16 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Bed Bath & Beyond is closing around 150 stores and laying off staff. It has now named 56 of the stores set to close across 21 states. By laying off staff and closing the stores, the company said it planned to reduce costs by $250 million in 2022. Sales in the second quarter had slumped roughly 26% compared to the same period in 2021, Bed Bath & Beyond said in preliminary earning results. The struggling retailer has now revealed the location of 56 of the stores being closed, spanning 21 states and Puerto Rico.

Search resuls for: "Leesburg"

20 mentions found