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Analysts said the new cash may afford Bed Bath only a few quarters to revive its business, and a weakening economy would diminish any chance of a successful turnaround. Bed Bath declined to comment on Hudson Bay Capital's role in the share sale. "All is on hold," a maker of children's apparel said last week, adding that it had stopped shipping products to Bed Bath since early January. A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. Reuters reported late last month that Bed Bath had lined up liquidators to close additional stores unless a last-minute buyer emerged.
Hudson Bay Capital is unrelated to Canadian department store chain Hudson's Bay Co. Bed Bath & Beyond declined to comment earlier Tuesday on Hudson Bay Capital leading investment in the share sale. A shopping cart is seen at a Bed Bath & Beyond store in Manhattan, New York City, U.S., June 29, 2022. REUTERS/Andrew KellyPrices on Bed Bath & Beyond bonds due in 2024 climbed to 24 cents on the dollar from around 5 cents, a level still indicating financial distress. Bed Bath shares rose 2.7% in extended trading, after closing down 49% on Tuesday.
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Jan 26 (Reuters) - Personal items once owned by Elvis Presley are expected to fetch big bucks when they come up for auction this week. The nearly 40 lots from Presley include a jacket designed by the man behind his famous jumpsuit and cape, a well-loved briefcase, and an address book filled with his handwriting, expected to bring in over $10,000. The address book featured "the people that he really was closest with and connected the most with," said Kruse GWS auctions founder and lead auctioneer Brigitte Kruse. "We actually have some of his personal notes (in the book), which we're going to leave as a surprise for the winning bidder." Also included in the "Artifacts of Hollywood & Music" sale on Jan. 28 are items from Marilyn Monroe and Liza Minnelli - plus Rock Hudson's dog's Christmas stocking.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSanofi CEO: Real breakthrough in RSV treatment is 'right around the corner'Paul Hudson, Sanofi CEO, joins 'Squawk Box' to discuss the company's product pipeline, Hudson's take on the trust the public have for vaccines and more.
Investors at JetBlue Ventures, Mighty Capital, and other VC firms shared their favorite podcasts. Another recommendation is "Origins" by partners at the biotech VC firm Notation Capital. Here are 11 great options, recommended by VCs, founders, CEOs, and other industry insiders. "The main thing about the VC world is building relationships, and Harry is an example of a great networker," Gershfeld said. "BTC is the single-most important asset in the world, and that podcast gets to the heart of why that is."
Saks Fifth Avenue has placed a bid to build a casino on the upper floors of its flagship store. Saks is one of several major companies vying for just three available casino licenses in the city. "The Saks Fifth Avenue flagship store is a staple of one of the most iconic streets in Manhattan," the source told Insider. "It is of particular importance to us that we continue to invest in the vibrancy and spirit of Fifth Avenue itself." A rendering of the Saks Fifth Avenue casino lobby.
Following her arrest, Hudson's family contacted law enforcement in both Texas and Philadelphia in a bid to clear her name. The Harris County District Attorney's Office in Texas said that after learning about what happened it dismissed the case "within five minutes," citing insufficient evidence. “We accept charges based on the sworn evidence presented to us by law enforcement,” a spokesperson for the Harris County District Attorney’s Office wrote in a statement to NBC Philadelphia. In a statement Thursday, Philadelphia District Attorney Larry Krasner apologized for Hudson's ordeal. “The Philadelphia District Attorney’s Office became aware of Julie Hudson’s predicament last evening, thanks in part to media reports out of Houston and in Philly,” Krasner wrote.
Authorities have identified a 19-year-old man fatally shot Friday inside a department store in the Mall of America in Bloomington, Minnesota, as Johntae Raymon Hudson. Hudson also told KARE 11 that when she learned her brother was shot, she held out hope he would survive. Several members of the New York Giants, who faced off against the Minnesota Vikings on Saturday, were in the Mall of America when the shooting occurred. The mall told the station then that it was testing options “that may allow us to further enhance” security systems. Earlier this year, a man fired three shots in front of a store in the mall, KARE 11 reported.
Bomb cyclone set to derail final retail holiday push?
  + stars: | 2022-12-22 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBomb cyclone set to derail final retail holiday push? Gerald Storch, Storch Advisors CEO and former Hudson's Bay CEO, on the last-minute holiday consumer outlook. With CNBC's Frank Holland and the Fast Money traders, Tim Seymour, Guy Adami, Dan Nathan and Courtney Garcia.
A man shot seven times dragged himself over a fence after escaping from Club Q. R.J. Lewis, who was at Club Q during the mass shooting, attends a service at All Souls Unitarian Church in Colorado Springs on Sunday. Parker Seibold / The Gazette via APBarrett HudsonBarrett Hudson, 31, took seven bullets in the back before escaping from Club Q through the rear exit. Tyrice Kelley, center right, a performer at Club Q, is comforted during a service at All Souls Unitarian Church in Colorado Springs, on Sunday. Club Q, many of the victims said, was a safe haven — one of the few that Colorado Springs had to offer to members of the LGBTQ community.
Leaked documents suggest Patreon's $1 million deals with TikTokers Larray and Lil Huddy fell short of expectations. Patreon's deals to onboard creators like TikTok megastars Larray and Lil Huddy appear to have fallen far short of expectations, according to company documents obtained by Insider. Creator deals that fell flatAcerbic comedy creator Larri "Larray" Merritt launched in December his Patreon page, where he hosts a platform-exclusive talk show called "The Hot Seat." The total value for Merrit and Hudson's Patreon deals was $1.325 million apiece, according to slides from a company presentation obtained by Insider. "There is no one-size-fits-all answer to creation or membership, and our strategy is ever-evolving," Satterwhite told Insider.
This week, we're taking you to Mount Everest, giving you a tour of Los Angeles' most expensive apartment, and showing you how high-end wineries are fighting back against scammers. As some have dove into their passion projects, other die-hard athletes are quitting their jobs to climb Mount Everest or hike the Appalachian Trail. Peter Dazeley/Getty ImagesExperts estimate that about 20% of wine sold worldwide is fake — so high-end wineries are going to great lengths to fend off new-age scammers. See how high-end wineries are fighting back against scammers. We spoke with O'Neill, who took us through her daily routine during fashion week, working 7 a.m. to midnight leading up to her show.
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