More than a dozen major retailers have said they will close US stores in 2023, a combined total of 2,373 locations.
Amazon, Bath & Body Works, Walmart, and Foot Locker are among the chains shutting down stores.
Bed Bath & Beyond closed 896 locations amid bankruptcy — the most of any retailer on the list.
It’s not exactly the retail apocalypse of prior years, but it’s still a shakeup.
An Insider tally of announcements by major retailers in 2023 finds as many as 2,373 stores set to close across
Like many homeowners, Ian Marsden has been following what the Bank of Canada has been up to lately quite closely. He bought a house in Calgary in 2018 on a five-year, fixed rate loan, at about three per cent.
He went with a 25-year term, and because he chose an accelerated biweekly payment plan, each one of his $750 payments had him well on his way toward paying it down well ahead of schedule.
By the time his loan was up for renewal this year, he was on track to pay it off in as little as 15 more years,
Telemedicine has continued to thrive in a post-pandemic world, but with the expansion of services comes the expansion of fraud.
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The Office of Inspector General (“OIG”) has warned healthcare entities to use ‘heightened scrutiny’ when entering telemedicine arrangements that have suspect characteristics of a fraud scheme.
The OIG has stated that a common characteristic of fraudulent schemes is the use of kickbacks to recruit and award healthcare practitioners.
The OIG …
Photo: The Canadian Press
This photo, taken in New York, Thursday, July 6, 2023, shows Meta’s new app Threads. Meta’s new social media platform Threads is gobbling up massive amounts of sensitive data on its 100 million users and counting. THE CANADIAN PRESS/AP-Richard Drew
It knows when you’ve been online shopping, the last time you worked out and whether you’ve been lurking on your ex’s profile.
Meta’s new social media platform Threads is gobbling up massive amounts of sensitive data on its 100 million users and counting.
The specificity and quantity of information the text and multimedia platform can access
A federal grand jury in San Francisco has indicted a business owner for defrauding investors and a bank to the tune of over $9 million, the US Department of Justice said Monday.
Joon Woo Kim, 57, of the City of Montebello in Los Angeles County, was arrested Monday in New Haven and appeared in US District Court in Connecticut to face the charges.
Kim allegedly induced investors to contribute to a fund he created in San Francisco called the M5 Doctors Fund by making false statements and omissions about the kinds of investments he would make while managing the fund’s
For the first time ever, a Canadian province has charged a business for providing false information related to carbon offsets, a spokesperson for Alberta’s Environment Ministry said, underscoring the sometimes murky activities of companies in a complicated, rapidly growing industry worth hundreds of millions of dollars annually.
Carbon offsets are bought and sold under a trading system with governments putting a price on carbon dioxide emissions to compel companies to fight climate change.
Since 2007, Alberta has run a mandatory carbon offset system for large emitters, such as oil and gas companies, landfills and food processing firms. If they produce
MUNCIE, Ind. — Business news is filled with new job creation numbers. Every new business with more than a few employees will get coverage in local papers, and larger firms will make statewide news. Typically, reporters will write about the industry growth patterns, why the firm says it chose its new location and often a quote from a local elected leader or economic development official. If it is a really big announcement or an unusual industry, the thoughts of an economist might even make the news.
These are important and popular news stories. It is natural that we
WestJet is shutting down its budget airline, Swoop.
The company made the announcement in a news release Friday, noting that the ratification of its recent deal with its pilots allows it to integrate all of its staff at various airlines into a single banner.
“As negotiated in the collective agreement, the WestJet Group will now begin integration efforts of its ultra-low-cost airline, Swoop,” the airline said.
“Through an expedited process, the airline anticipates a full integration into its mainline operations by the end of October. To avoid traveler impact, Swoop will operate its existing network through to the end of
