Team QwikNewz
Eddie Bauer LLC has filed for bankruptcy protection in the United States and intends to file similarly in Canada. The company operates 220 stores across both countries, all of which will continue to operate during the restructuring process. Eddie Bauer is exploring options to sell its retail locations as part …
Ghislaine Maxwell declined to answer questions during a virtual deposition before the House Oversight and Government Reform Committee, citing her Fifth Amendment rights. Her attorney stated that she would agree to testify only if former President Donald Trump grants her clemency. The deposition was conducted remotely, and Maxwell’s refusal to …
Technology stocks linked to artificial intelligence showed increased volatility recently, with significant fluctuations observed in software companies. Meanwhile, major hyperscale cloud providers have sharply increased their capital expenditures, signaling expanded investments in infrastructure to support AI workloads. The rise in spending by these large cloud operators contrasts with the mixed …
The Equal Employment Opportunity Commission (EEOC) Chair Andrea Lucas has announced new efforts to limit the hiring of foreign workers in positions that could be filled by American employees. The initiative seeks to ensure that U.S. workers are not displaced by foreign labor, emphasizing the importance of protecting domestic job …
Hershey Company (HSY), a leading manufacturer of confectionery and pantry products based in Hershey, Pennsylvania, has a market capitalization of approximately $47 billion. The company operates both domestically and internationally, offering a range of chocolate and non-chocolate products. Recent analyst reports show varied expectations for Hershey’s stock performance. Some analysts …
Qualcomm’s stock has fallen 23% over the past month, prompting Bank of America Securities to lower its price target by 30% and downgrade the stock to “Neutral.” The analyst cited ongoing challenges to sustained earnings growth as a key factor behind the revision. Despite the recent decline, the stock’s potential …
Robert Kiyosaki, author of *Rich Dad Poor Dad*, recently expressed his preference for Bitcoin as an investment compared to gold. He highlighted that Bitcoin has a finite supply, designed to cap at 21 million coins, whereas gold’s supply is theoretically unlimited due to ongoing mining and discoveries. Kiyosaki shared these …
The Landing in downtown Springfield demonstrates how adaptable, multi-use venues can enhance business activity and community engagement. By integrating flexible spaces, the development supports a variety of events and functions, making the area more vibrant and accessible. This approach reflects a broader trend in the venues and events sector, where …
Mexican President Claudia Sheinbaum confirmed that Mexico is not currently exporting oil to Cuba. She attributed this decision to pressure from the United States, aiming to prevent any negative repercussions. Sheinbaum emphasized that the move is intended to avoid complications arising from the geopolitical situation involving Cuba and the U.S. …
**Article:** House Democratic Representative Jasmine Crockett expressed strong disapproval of former President Donald Trump after the Oversight Committee held a closed-door deposition with Ghislaine Maxwell. The deposition is part of ongoing investigations related to Jeffrey Epstein. Crockett’s remarks came shortly after the committee sought to gather more information about the …