The online retailer is renaming its website and its mobile app after buying the intellectual property of the bankrupt home-goods store.
Category: Shutdowns (Institutional)
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Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy
The company bought a shuttered General Motors plant in Ohio but struggled to produce its pickup truck.
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Child Care Disruptions Expected as Record Funding Nears an End
Three million children could be affected as the largest investment in child care in U.S. history expires in September.
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Gannett Sues Google, Accusing It of Dominating the Ad Market
The country’s largest newspaper chain said that Google’s power over ad technology has contributed to the decline of local news.
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Pivots That Helped Businesses Through the Pandemic Have Endured
A challenging time proved to be fertile ground for experimentation that continues to pay off.
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Disney’s ‘Star Wars’ Hotel, Galactic Starcruiser, to Close
The planned closure of Galactic Starcruiser, an immersive role-playing attraction, comes as Disney seeks to cut overall costs by more than $5 billion.
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PacWest Says It’s Exploring Options After Shares Plunge
An intensifying challenge for bankers and regulators is how to keep the turmoil in the stock market from spilling into the lenders’ day-to-day businesses.
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First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase
As part of its deal, 84 First Republic branches in eight states will reopen as JPMorgan branches on Monday.
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What to Watch as the Fed Releases Its Look Into Silicon Valley Bank
The Federal Reserve is set to release an examination of why its oversight of the bank failed to stem disaster at 11 a.m. on Friday.
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Bed Bath & Beyond Shoppers Rush to Use All Those Coupons
The retailer is closing its stores, leaving many longtime customers scrambling to make sure they get their goods — at a discount.
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BuzzFeed Shuts Down Its News Division
BuzzFeed News, which won a Pulitzer Prize but never made money, is “beginning the process of closing,” the company’s founder, Jonah Peretti, said in a memo to employees.