Anyone out shopping for a home on the resale market knows the pickings are slim. They’re about to get slimmer. The number of homes for sale this month was actually 7% higher than in June…
Business
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Bed Bath & Beyond is splitting the bankruptcy-run auction of its Buy Buy Baby chain into two phases as the retailer struggles to nail down bids in a sale process now shrouded in doubt. An auction for all…
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Bed Bath & Beyond locations across America will soon be replaced by Burlington Stores outposts and a range of other businesses, after the failed home goods retailer auctioned off its leases as part of its bankruptcy proceedings, court records…
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The feared repeat of last year’s summer travel woes began to materialize this week, with thousands of flights delayed or canceled amid inclement weather and staffing shortages. The troubles began last weekend, with nearly 2,000…
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More Americans shut their wallets and purses last year after a brief run of unprecedented generosity, but they’re still giving at record levels. Charitable contributions fell in 2022 for the first time since the Great…
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U.S. electric truck manufacturer Lordstown Motors filed for bankruptcy protection on Tuesday and put itself up for sale after failing to resolve a dispute over a promised investment from Taiwan’s Foxconn. Shares of Lordstown tumbled 35%…
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Amid a nationwide wave of social media-linked thefts targeting Hyundais and Kias, which state officials say have caused at least eight deaths, federal regulators have declined to issue a recall of the vehicles. In a…
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Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes. Total mortgage application volume rose 3% compared with the previous week, according to…
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Buyers will look to bid on the Buy Buy Baby brand Wednesday amid the bankruptcy of its parent company, Bed Bath & Beyond. Buy Buy Baby is seen by many analysts as the most valuable…
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Overstock.com will relaunch Bed Bath & Beyond after buying the troubled home goods retailer’s intellectual property in a bankruptcy proceeding for $21.5 million. In a press release Wednesday afternoon, Overstock said that within the next…