Beleaguered retailer Bed Bath & Beyond Inc. has missed interest payments on its bonds, the Wall Street Journal reported late Wednesday, as the possibility of bankruptcy looms over the company. Bed Bath & Beyond BBBY, confirmed to the Journal that it missed more than $28 million in payments for three tranches of notes totaling about … Read more
The Tennessee Department of Children’s Services if facing a host of challenges. On Monday, Commissioner Margie Quin appeared before a state House panel to seek nearly $27 million in new funding. The Tennessee Department of Children’s Services on Monday requested approval to spend nearly $27 million to increase bed capacity and foster care placements for … Read more
It looks like some renovation work on this 1890s brownstone didn’t get finished, but there are some fine details to admire inside, as expected from a house by Magnus Dahlander. The architect designed a number of houses in the Stuyvesant Heights Historic District, including this 20-foot-wide angled-bay row house at 238 Decatur Street. It is … Read more
Bed Bath and Beyond is in the midst of a massive short-squeeze, with the stock up 230% in four days. Short-sellers in the declining retailer profited $179 million in 2022, but are down more than $30 million in 2023, according to S3 Partners. Short-sellers in Bed Bath & Beyond are essentially playing a game of … Read more
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible … Read more
By Arriana McLymore and Deborah Mary Sophia (Reuters) – Bed Bath & Beyond Inc on Tuesday reported a third-quarter loss of $393 million after early holiday shopping failed to provide a big shot in the arm and a respite from its months’ long cash burn. The home goods seller’s dismal results come after the company … Read more
A college student made a fortune on Bed Bath & Beyond stock.Photo by Chris Hondros/Getty Images A college student made a $110 million profit on Bed Bath & Beyond stock in August 2022. Jake Freeman’s fund revealed a 6.2% stake in the retailer in late July, then sold it weeks later. Bed Bath & Beyond, … Read more
A college student made a $110 million profit on Bed Bath & Beyond stock in August 2022. Jake Freeman’s fund revealed a 6.2% stake in the retailer in late July, then sold it weeks later. A 20-year-old college student pocketed an estimated $110 million profit by selling Bed Bath & Beyond shares in August 2022. … Read more
BED-STUY, BROOKLYN — A home health agency agreed to settle with state agencies over allegations that the company submitted false Medicaid claims as well as cheated their employees out of $2 million in unpaid wages, the Attorney General’s office announced. In addition to returning unpaid wages to its workers, White Glove also agreed to pay … Read more
INDIAN RIVER COUNTY—COVID-19? It didn’t seem to stop more visitors from coming here last year than the year before, based county bed-tax receipts. The county collected a record amount — nearly $4.5 million — from its 4% tourist- development tax on hotel rooms and other short-term rentals, according to the county Budget Department. Receipts are … Read more