Amazon Eying Empty Sears, JC Penney Stores
The online behemoth is consolidating its market position during the pandemic.
Sears Files For Chapter 11, Faces An Uncertain Future
Once the iconic American retail store, Sears now faces the possibility that it may end up fading into history.
The Beginning Of The End Of Sears Appears To Be At Hand
A once iconic American retailer appears to be on its last legs.
News Anchors At Sinclair Owned Stations Caught Reading From Same Corporate Mandated Script
News anchors at dozens of local stations owned by conservative-leaning Sinclair Broadcast Group were recently required to read a script mandated by corporate headquarters, and it’s leading to some bad media coverage for Sinclair.
Columbia House Files Bankruptcy, Many Surprised To Learn It Still Existed
A company you probably thought had died off years ago filed for bankruptcy protection yesterday.
Faced With Lawsuits, General Motors Is Headed Back To Bankruptcy Court
General Motors is headed back to court.
RadioShack To Close 500 Stores, America Surprised To Learn RadioShack Still Exists
Can you still buy batteries there, though?
New Owner Of The Washington Post: Print Newspapers Will Be Dead In 20 Years
For a guy who just bought a newspaper, Jeff Bezos wasn’t too optimistic about their future less than a year ago.
GDP Revisions And Jobs Numbers Add Up To Grim Economic News
The economic statistics aren’t pointing in a very optimistic direction.
USPS Loses $ 8.5 Billion, Warns Of Bankruptcy
The U.S. Postal Service is warning Congress that it could run out of cash next year without a government bailout. Meaning that this is the perfect opportunity to reform an organization that has been out-of-date for a decade now.
