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☆ Factbox: The 10 biggest U.S. retail bankruptcies in 5 years
▼ + stars: | 2023-01-09 | by ( ) www.reuters.com time to read: +4 min

J.C. PenneyAssets: $7.99 billionLiabilities: $7.16 billionStores: 846After more than a century in business, the department store chain filed for bankruptcy protection in May 2020, weighed down by mounting debt. At the time, its bankruptcy was the biggest collapse of a U.S. retailer by assets since Kmart in 2002. It soon emerged from bankruptcy with much of its store base intact and $400 million in fresh financial aid. Tailored BrandsAssets: $2.48 billionLiabilities: $2.84 billionStores: Over 1,400The owner of tuxedo and business suit chain Men's Wearhouse filed for bankruptcy in August 2020. It emerged from bankruptcy just days short of a year since it filed for bankruptcy under a new name, Premier Brands.

In this article BBBY Follow your favorite stocks CREATE FREE ACCOUNTA pedestrian walks by a Bed Bath and Beyond store in San Francisco, California. Justin Sullivan | Getty ImagesWhen Bed Bath & Beyond leaders speak to investors Tuesday morning, they won't simply report sales and earnings results. On Thursday, Bed Bath warned it may have to file for bankruptcy, saying it could soon be unable to cover costs as sales lag and store traffic dwindles. If Bed Bath has made significant inroads in improving inventory, it could offer a glimmer of hope for the quarters ahead. Before Bed Bath can address moving product off shelves, though, it needs to tackle an even more fundamental problem: having enough merchandise to fill them.

☆ Chili's CEO bought grills that can cook a medium steak in under 3 minutes — and says they could shave more than $5 million in losses from unhappy customers
▼ + stars: | 2023-01-09 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

Over the summer, Chili's was testing drone delivery and dining-room robots to improve operations. But, under new CEO Kevin Hochman, Brinker-owned Chili's ditched robots in favor of kitchen automation. "The robotics were slower than what our servers can do," Hochman told Insider. "The robotics were slower than what our servers can do," Hochman told Insider. That alone is likely to save the company millions of dollars from having to comp steaks sent back by unhappy customers.

☆ The rise and fall of Sears. Once the world's largest retailer, it now has just 15 stores left. Here's how changing consumer habits took down a one-time powerhouse.
▼ + stars: | 2022-12-19 | by ( Erin Mcdowell | Avery Hartmans | ) www.businessinsider.com time to read: 1 min

Richard W. Sears founded the R.W. Sears Watch Company in 1886 in Minneapolis, Minnesota. Portrait of businessman Richard W. Sears. Sears sold his watch business in 1889. In 1893, he founded another mail-order service with Roebuck, which the two named Sears, Roebuck and Company.

☆ Michael Jordan: The NBA has renamed its MVP trophy after the Bulls great
▼ + stars: | 2022-12-13 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +15 min

Andrew D. Bernstein/NBAE/Getty Images Jordan poses for a Little League Baseball photo in the late 1970s. Ken Levine/Getty Images Jordan famously shrugs his shoulders after hitting another 3-pointer during the 1992 NBA Finals versus Portland. "There is a reason you call someone the Michael Jordan of ... neurosurgery, or the Michael Jordan of rabbis, or the Michael Jordan of outrigger canoeing. Chip Somodevilla/Getty Images Jordan continues to promote Nike's Jordan Brand across the world. Jordan Brand/Getty Images Jordan cries at the Kobe Bryant memorial in Los Angeles in February 2020.

☆ I tried to cut a deal with Jeff Bezos to save my hometown's paper mill and failed. Here's what I learned from it.
▼ + stars: | 2022-12-06 | by ( Justin Vandehey | ) www.businessinsider.com time to read: +8 min

Justin Vandehey wanted to save the paper mill in his hometown of Wisconsin Rapids. He presented a proposal to Jeff Bezos on how the paper industry could reinvent itself. Is the paper industry really dead? It takes paper to make paperThe two machines in the Wisconsin Rapids mill are currently set up to produce 570,000 tons of coated paper each year. The CEO of BillerudKorsnäs, Christoph Michalski, hasn't committed to any plans regarding the Wisconsin Rapids Mill; however, it does appear that there's interest from the local Timber Professionals Cooperative to acquire and keep the Wisconsin Rapids Mill operating in Wisconsin Rapids.

☆ Top 25 roundup: 17-0 surge carries Rutgers past No. 10 Indiana
▼ + stars: | 2022-12-04 | by ( ) www.reuters.com time to read: +6 min

Aundre Hyatt chipped in 11 for Rutgers, which survived shooting 36.7 percent and a quiet showing from Clifford Omoruyi. Miller Kopp scored 21 points for Indiana (7-1, 0-1) but the rest of the Hoosiers experienced frustrating showings against Rutgers' varied defenses. Logan Johnson recorded 17 points, six rebounds and five assists for Saint Mary's (6-3), which lost its third straight game. Matthew Cleveland added 11 points and a game-high 10 rebounds, with Jalen Warley and Caleb Mills each scoring seven points. Alex Arians finished with (17 points, six rebounds), followed by William Kyle III (eight points, six rebounds, five assists) and Zeke Mayo (12 points, seven rebounds).

☆ A 1930s eugenics experiment is the reason women's clothing sizes are so damn frustrating
▼ + stars: | 2022-11-30 | by ( Isabella Zavarise | ) www.businessinsider.com time to read: +7 min

A 1930s eugenics experiment is the reason women's clothing sizes are inconsistent, as per Radke. In an email to Insider, Radke said the discovery about women's clothing sizes was one of the biggest surprises to her when researching "Butts, a Backstory." Andrew SemansThe life-sized plaster casts made by Dickinson and Belskie were dubbed Normman and Norma and helped create standardized clothing sizes. During the 1950s, standardized clothing sizes were adopted by clothing brands. "It's just too expensive for garment manufacturers to make enough clothing sizes to accommodate the wide variation of human bodies.

☆ Cyber Monday 2022 deals that make great gifts — lowest price ever
▼ + stars: | 2022-11-29 | by ( Select Staff | Select Staff On Nbc News | ) www.nbcnews.com time to read: +5 min

To help you make the most of the shopping holiday, we compiled some of the best Cyber Mondaydeals and sales that make great gifts that we think you’ll want to know about. Best Cyber Monday 2022 giftable dealsBelow, we’re sharing the best Cyber Monday giftable deals based on our previous coverage and reporting. Lowest price ever4.8-star average rating from 147,616 reviews on AmazonTo keep your drinks cool and hot, the 20-ounce Rambler from Yeti is the way to go. Lowest price ever4.8-star average rating from 252 reviews on AmazonThe Dutch oven from Le Creuset is one of the best models available. Lowest price ever4.4-star average rating from 19,324 reviews on AmazonThis Fitbit, compatible with both iPhones and Android devices, tracks your heart rate, sleep quality, health metrics and more.

☆ 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.

☆ Boeing Replaces Space Chief as Defense Unit Looks to Stem Losses
▼ + stars: | 2022-11-17 | by ( Doug Cameron | ) www.wsj.com time to read: 1 min

Boeing Co. said on Thursday that it was replacing the head of its space business as part of a broader restructuring aimed at reversing losses at its defense unit. Kay Sears will take over a new space, intelligence and weapons-systems operation as part of defense chief Ted Colbert ‘s consolidation of the military business into four units, from eight at present, with immediate effect. Jim Chilton will continue to run the space and launch business until February.

If you're looking for a no-annual-fee cash-back credit card, the Chase Freedom Unlimited® and Citi® Double Cash Card are worth considering. Compare the Citi Double Cash and Chase Freedom Unlimited Citi® Double Cash CardChase Freedom Unlimited® Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Here's how the Chase Freedom Unlimited® and the Citi® Double Cash Card stack up. The Chase Freedom Unlimited® earns:5% cash back (5x points) on travel purchased through Chase Ultimate Rewards3% cash back (3x points) on dining, restaurant, and drugstore purchases1.5% cash back (1.5x points) on all other purchasesWinner: Chase Freedom Unlimited®Redeeming rewardsThe Chase Freedom Unlimited® issues rewards as Chase Ultimate Rewards points. However, Chase Freedom Unlimited® has slightly higher reward opportunities and better benefits, and it has a welcome bonus offer.

☆ Top Republicans are slamming Trump and plotting to get rid of him after the GOP's disappointing midterm results
▼ + stars: | 2022-11-14 | by ( Tom Porter | ) www.businessinsider.com time to read: +6 min

Some Republicans have turned against Donald Trump after the midterm elections. They blame Trump and his candidates for the GOP's poor results last Tuesday. But in the wake on the party's disappointing showing in the midterm elections last Tuesday, his reputation as a political winner is badly damaged. An increasing number of party figures, The Post reported, were actively working to oppose Trump by directing their donations elsewhere. Some Republicans believe that Tuesday's results indicate that an even more crushing defeat could be in store for the GOP in 2024 if Trump is selected as the GOP's candidate.

☆ The 'next Warren Buffett' curse: Sam Bankman-Fried is the latest market icon to fall after being compared to the legendary investor
▼ + stars: | 2022-11-12 | by ( Matthew Fox | ) www.businessinsider.com time to read: +5 min

The Warren Buffett curse is alive and well following the collapse of Sam Bankman-Fried and his crypto exchange FTX. Fortune magazine asked if Bankman-Fried was the next Warren Buffett in an August profile. Fortune put Bankman-Fried on the front page of its August issue, asking readers if he was in fact the next Warren Buffett? Several of Palihapitiya's SPAC companies soared in value amid the SPAC boom of 2020 and the early months of 2021. Palihapitiya was often compared to Buffett by market participants, and Brown called the investor "the new Buffett" on a podcast in January 2021.

☆ Robert Kern Made Generators Light and Affordable
▼ + stars: | 2022-11-11 | by ( James R. Hagerty | ) www.wsj.com time to read: 1 min

Robert Kern , the son of a Baptist minister from Iowa, set up shop with five employees in a garage in Wales, Wis., in 1959 to make portable generators. Soon all kinds of people were buying his generators under the Craftsman brand at Sears stores. Mr. Kern diversified his range to include permanently installed generators for homeowners worried about power outages. Generac also developed equipment providing backup electricity for telecom networks, hospitals and other facilities. The Y2K scare yielded a rush of demand, as did hurricanes and tornadoes.

Citi Bank; InsiderThe Citi® Double Cash Card is one of our favorite cash-back cards because of its strong earning rate. That said, there's been one major drawback: The Citi® Double Cash Card usually doesn't offer a welcome bonus. The first thing to note about the new welcome bonus offer on the Citi® Double Cash Card is just how unusual it is. How to use points from the Citi Double CashThe Citi ThankYou points you earn from the Citi® Double Cash Card are incredibly flexible. The Wells Fargo Active Cash® Card also comes with more ongoing benefits compared to the Citi® Double Cash Card, including cell phone protection, travel emergency assistance services, and access to the Visa Signature concierge.

☆ Ohio ‘Boogaloo Boi’ arrested after allegedly threatening to 'blow up the IRS' and kill federal agents, FBI says
▼ + stars: | 2022-11-02 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +6 min

An Ohio man who's an extremist "Boogaloo Boi" has been arrested after allegedly threatening to kill federal agents and boasting online about his weapons stash, including a grenade launcher, the FBI announced. The complaint says that since at least early 2021, McKillips had been posting messages insinuating or explicitly threatening to harm the government or federal agents. McKillips was arrested on criminal complaint charges of unlawful possession of a machine gun and interstate communication of threats, the FBI said. That profile posted a photo of an AR-15 style rifle fitted with a grenade launcher on Jan. 14, 2021, the complaint said. On July 6, 2021, a confidential source reported that McKillips had posted recordings in a Signal chat room talking about burning down federal buildings and shooting federal agents.

☆ Analyst who provided Trump-Russia dossier information acquitted of lying to FBI
▼ + stars: | 2022-10-18 | by ( Julia Jester | Julia Jester Is A Producer For Nbc News Based In Washington | ) www.nbcnews.com time to read: +5 min

Prosecutors alleged Danchenko provided false information to the FBI in 2017 when the agency was trying to verify information in a dossier detailing Trump’s alleged ties to Russia that was compiled by former British spy Christopher Steele. The largely unsubstantiated dossier was used by the FBI to support its surveillance of former Trump campaign aide Carter Page. Millian has denied being a source of information for the dossier. When asked by the FBI whether he had talked to Dolan for the information, Danchenko said he had not. Trump had called the dossier fake news and evidence of a political witch hunt against him.

☆ Best Holiday Hosting Deals to Shop During October Prime Day
▼ + stars: | 2022-10-12 | by ( ) www.wsj.com time to read: +6 min

In the past, the 10-piece set has cost up to $1,110, and the current price, $350, is the lowest we’ve seen. The Prime Day price is close to the lowest we’ve seen. If you buy it during the Prime Sale, you’ll save about $100 from its price last week. During Amazon’s Prime sale, you can save big—the appliance, which typically costs $500, is a mere $315. It’s typically priced around $20 and for the Prime sale, only $16.

☆ How to improve your workday without quitting your job — and how to know when it's time to leave
▼ + stars: | 2022-10-10 | by ( Shana Lebowitz | ) www.businessinsider.com time to read: +7 min

Sometimes your job really isn't a fit, and it helps to know how to cautiously make a career change. In that case, it can be heartening to know that there are plenty of relatively simple ways to improve your work experience. Read more:A few small changes can make you happier at a job you don't like, experts sayNot quite ready to quit your job? In other words, think about how your work will help you get your next job, the one you really want. Here's what you need to know about the challenges you'll face overhauling your work life.

☆ MLB roundup: Aaron Judge bashes No. 60 in Yanks' rally
▼ + stars: | 2022-09-21 | by ( ) www.reuters.com time to read: +10 min

Mets 7, Brewers 5Francisco Lindor's seventh-inning grand slam completed a comeback from a four-run deficit as visiting New York beat Milwaukee. Guardians 10, White Sox 7 (11 innings)Myles Straw delivered a two-run double in the 11th inning to spark visiting Cleveland over Chicago. Ketel Marte homered for the Diamondbacks, who won for the second time in their last 22 games at Los Angeles. Dennis Santana (3-8) recorded just one out and gave up three runs on three hits. Rockies starter Kyle Freeland (9-10) left after allowing three runs -- two earned -- on five hits over six innings.

☆ Anxious investors are piling into hedge funds
▼ + stars: | 2022-09-20 | by ( Julia Horowitz | Cnn Business | ) edition.cnn.com time to read: +7 min

London (CNN Business) For years, the climate for hedge funds was tough. That's boosting interest in hedge funds, through which professional investors try to beat the market by deploying less-conventional approaches. Investors trying to capitalize on turmoil in commodity markets have done particularly well, according to Robert Sears, chief investment officer at Capital Generation Partners, which invests in hedge funds for wealthy families. "Until we get into the cycle of earnings going down and the Federal Reserve starting to ease policy, really you're set for an environment when hedge funds should do quite well," Sears told me. Investors see an 80% probability that the Fed will hike interest rates by three-quarters of a percentage point on Wednesday.

Citi issues multiple credit cards that earn ThankYou Rewards, including the popular Citi Premier® Card and no-annual-fee options like the Citi Rewards+® Card and Citi Custom Cash℠ Card. If you're thinking of applying for a credit card like the Citi Premier® Card, Citi Custom Cash℠ Card, or Citi Rewards+® Card, keep reading to learn more about how you can put your Citi credit card rewards to work for you. How to earn Citi ThankYou pointsThe easiest way to rack up Citi ThankYou points is with a Citi credit card, which you can easily apply for online. Citi ThankYou Rewards points are worth, on average, 1.6 cents per point based on Insider's points and miles valuations — but how you redeem your points will change the exact value of points. There's one non-airline Citi ThankYou transfer partner available to all cardholders — you can transfer your Citi ThankYou points to Sears Shop Your Way points at a rate of 1:10.

Show more Regular APR 16.24% - 26.24% Variable Intro APR 0% intro APR on balance transfers for 18 months Editor's Rating 5 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 5 out of 5 Stars Our editor's ratings analyze fees, bonuses, rewards, and benefits to highlight the simplest and most valuable credit cards available. However, in most cases, you can only earn a bonus on a Citi ThankYou card if you haven't opened a Citi ThankYou card and received a welcome bonus, or closed another Citi ThankYou card, in the past 24 months. Citi ThankYou cards also include the Citi Rewards+® Card, Citi Prestige® Card (not available to new applicants), and Citi ThankYou® Preferred Card (not available to new applicants). The Citi Premier® Card and Citi Custom Cash℠ Card cover a lot of bonus categories, and all your other spending can go on the Citi® Double Cash Card. Read more: Citi Double Cash Card reviewWhy earn Citi ThankYou points?

☆ You can transfer Citi ThankYou points to 14 airline and 2 hotel partners, and the best programs can save you thousands of miles on flights to destinations like Hawaii
▼ + stars: | 2022-09-16 | by ( Dan Miller | Jasmin Baron | Read More | ) www.businessinsider.com time to read: +30 min

Citi® Double Cash Card — This card recently changed from earning cash back to earning Citi ThankYou points directly. Otherwise, with the Citi Rewards+® Card, Citi ThankYou® Preferred Card, and Citi® Double Cash Card, the ratio is 5:4 (1,000 Citi ThankYou points = 800 Wyndham points). Citi ThankYou points retail transfer partnersIn addition to airline and hotel transfer partners, Citi ThankYou has one retail transfer partner. How to transfer Citi ThankYou pointsTransferring your Citi ThankYou points is a fairly straightforward process. Citi transfer partners frequently asked questions (FAQ)Is American Airlines a Citi transfer partner?

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