The Charlotte Hornets have acquired forward Josh Okogie and three second-round picks from the Phoenix Suns in exchange for center Nick Richards and a 2025 Denver second-rounder. The trade, announced on Wednesday, gives the Suns much-needed help at the center position. Nick Richards, who stands at 7-foot tall, has been averaging 8.9 points and 7.5 … Read more
US-based crafts retailer JoAnn Fabrics has filed for Chapter 11 bankruptcy for the second time in two years. The company plans to sell its business to Gordon Brothers Retail Partners, which will act as a “stalking horse” bidder. However, JoAnn will accept alternative bids if desired. JoAnn operates over 800 stores across 49 US states, … Read more
The Chicago Bears have completed interviews with several top candidates to replace their current head coach, including Thomas Brown, Pete Carroll, Aaron Glenn, Ben Johnson, Mike Kafka, Drew Petzing, Ron Rivera, David Shaw, Arthur Smith, and Brian Flores. Additionally, they are scheduled to speak with Matt Campbell, Marcus Freeman, Kliff Kingsbury, Todd Monken, and Adam … Read more
Eli Lilly has lowered its 2024 revenue forecast by $400m, citing unexpected market dynamics in the diabetes glucagon-like peptide-1 receptor agonist (GLP-1RA) market. The revised outlook marks a 3% shortfall from the company’s October 2024 guidance. For Q4 2024, Lilly now expects global revenue of approximately $13.5bn, a 45% increase from Q4 2023. Strong sales … Read more
Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that alleged the company violated Bank Secrecy Act (BSA) and anti-money laundering (AML) laws. The enforcement action centered on Block’s mobile payment service, Cash App. As part of the settlement, Block … Read more
Crafters face another blow as more Joann fabric and craft stores are set to close in the coming weeks. The Ohio-based retailer, which operates around 850 stores in 49 states, filed for Chapter 11 bankruptcy protection in March and secured new financing. According to reports, at least eight locations across Iowa, North Carolina, Maryland, Pennsylvania, … Read more
A private mountain retreat in Whitefish, Montana, once owned by late actor Jim Nabors is now listed for sale at $17.5 million. The property, on 80 acres and halfway up the ski hill of Whitefish Mountain Resort, features a grand piano, a bar, and stunning views of Glacier National Park. Nabors, best known for his … Read more
Meta’s recent announcement about performance-based terminations has sparked debate over the language used to describe employee departures. The term “non-regrettable attrition” is seen as tone-deaf, dismissive, and arrogant. This labeling can harm employees’ reputations and reflect poorly on the company as an employer. The issue goes beyond internal perceptions, as it also sends a message … Read more
President Joe Biden and President-elect Donald Trump are engaging in a public spat over the recent ceasefire and hostage-release deal between Hamas and Israel. The agreement, which was brokered days before Trump is set to return to the White House, is a significant departure from his previous stance on the issue. Biden had long advocated … Read more
Horror movies have dominated the box office lately, but “One of Them Days” proves that comedy can be just as effective in tackling contemporary issues. This buddy comedy, starring Keke Palmer and SZA, is a welcome respite from the bleakness of recent films. The movie follows Dreux (Palmer), a Los Angeles waitress, as she embarks … Read more