Toys 'R' Us Is Shuttering 180 US Stores After Declaring Bankruptcy

Toys 'R' Us Is Shuttering 180 US Stores After Declaring Bankruptcy

A Toys R Us store with marked down items as the company faces possible bankruptcy in Luton, England on on Dec. 21, 2017. Tony Margiocchi—Barcroft Media/Getty Images. By Reuters. 11:02 PM EST. The Canadian arm of Toys “R” Us Inc said on Tuesday that about 180 of its stores will be shut in the
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Riot Blockchain Claims 500 Bitcoins in US Marshals' Auction

Riot Blockchain Inc. won 500 Bitcoins in an auction of property seized by the U.S. Marshals Service, a bet that the digital currency's breath-taking run isn't over. Riot, which invests in cryptocurrency and blockchain startups, sought many more of the 3,813 Bitcoins in the auction Monday but was outbid,
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Utility and Mortgage Assistance Event

Keeping up with utility and mortgage bills can be difficult for low and fixed-income households. That's why South Jersey Gas is sponsoring an outreach event to help local residents connect with available assistance options. The following organizations will be present at the event:
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US Safety Board Opens Probe of Second Tesla Autopilot Crash

While working a freeway accident this morning, Engine 42 was struck by a #Tesla traveling at 65 mph. The driver reports the vehicle was on autopilot. Amazingly there were no injuries! Please stay alert while driving! #abc7eyewitness #ktla #CulverCity #distracteddriving pic.twitter.com/RgEmd43tNe.
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Trump Invites Macron for First State Dinner in April, Source Says

Emmanuel Macron, France's president, and U.S. President Donald Trump, shake hands while posing for photographs at the Elysee Palace in Paris, on July 13, 2017. Photographer: Christophe Morin/Bloomberg. Donald Trump will host French President Emmanuel Macron in late April for the first state
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Why Twitter's Dorsey Let Wall Street Wunderkind Noto Walk Away

Twitter Inc.'s executives gathered from around the world this week at its offices in New York's Chelsea neighborhood to discuss the state of the company, goals for the year, and management's broader ambitions. The twice-yearly meeting is usually a chance for Twitter's leaders to re-commit themselves
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Former JLL executive sets up real estate investment banking firm

Bengaluru: Shobhit Agarwal, former managing director-capital markets and international director at property advisory JLL, has launched ANB Capital Advisors Pvt. Ltd, an investment banking firm focused on the real estate sector. Once it builds this business, it may under-write deals through either
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Real estate inventory woes also hit Kitsap County

Unsurprisingly, across the entire 23 counties that Northwest Multiple Listing Service serves, King County had the lowest real estate inventory in 2017. Last year, the area-wide supply – which is measured by months of inventory – averaged only 1.48 months across the 23 counties in the member-owned
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China promises bank rescue in next crisis as market prophets warn on rising US rates

China's financial regulator has vowed to rescue the Chinese banking system immediately to avert a banking crisis when the bubble bursts, issuing a blanket guarantee that no major institution will be allowed to fail. Beijing says it has studied the errors that led to the Lehman crisis in the 2008 and will not
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SoFi Names Twitter COO Anthony Noto as New CEO

SoFi has announced that its Board of Directors has named Twitter Chief Operating Officer Anthony Noto as Chief Executive Officer and a Director, effective March 1. Interim SoFi CEO Tom Hutton, who also has been serving as Executive Chairman, will become Non-Executive Chairman of the Board.
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Study Finds Bank Lending to Small Businesses Still Depressed

Study Finds Bank Lending to Small Businesses Still Depressed. The research study, published by the U.S. Small Business Administration, is the first rigorous analysis of how recovery from the financial crisis affected bank lending to small U.S. businesses.
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Study Finds Bank Lending to Small Businesses Still Depressed Several Years After Financial …

Newswise — Bank lending to small businesses, a major contributor to local economies and job creation around the country, is still depressed several years after the end of the U.S. financial crisis that started in 2008, according to a new study by faculty at Florida Atlantic University College of Business.
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Does your business need a chief AI officer?

A CAIO's background, responsibilities, and exact title depends on the company itself, according to people in similar roles. For example, Knowmail's head of AI, Yury Gubman, uses 15 years of machine learning experience to lead the research and development behind the company's inbox productivity
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Better Homes and Gardens Real Estate Celebrates 10-Year Anniversary with Relaunch of Industry …

In celebration of its ten-year anniversary, Better Homes and Gardens® Real Estate today announced the refresh and relaunch of the Beta BrokersSM program, formerly known as the Beta Brokerage®…
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National Asset Services Delivers Lending Source for Refinancing of Tennessee Shopping Center

National Asset Services Delivers Lending Source for Refinancing of Tennessee Shopping Center … National Asset Services one of the Country's leading commercial real estate companies, has successfully delivered a lending source to refinance River Place, a 155,093 square-foot, open-air shopping
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The Blockchain Is Not the World

I am late to this, but Steven Johnson's New York Times Magazine cover story this past weekend, about what is potentially at stake in the rise of Bitcoin and Ethereum and blockchains and cryptocurrencies, is excellent, maybe the best introduction that I've seen in any general-interest publication to why
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Trump Shows Allies Aren't Shielded From 'America First' Trade Moves

Employees assemble washing machines on the production line at a factory in Changwon, South Korea. Photographer: SeongJoon Cho/Bloomberg. A long-standing security alliance is not enough to protect countries from U.S. President Donald Trump's first big protectionist move. The Trump
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Mortgage lender LoanDepot sees real estate agents as key in next phase of fintech

The lender's parent, LD Holdings LLC, said it is working on a service to connect pre-approved borrowers with local real estate agents. It will add contractors later this year after finding that consumers are increasingly looking to consolidate the home-buying process in the hands of a few trusted partners,
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Ex-Wells Fargo Mortgage Banker Sues for Wrongful Termination

The Los Angeles Times reports that David Eghbali, who worked in Wells Fargo's Beverly Hills location, is claiming that the bank fired him as part of an effort to divert federal investigators away from “Wells Fargo's own predatory mortgage pricing policies.” Eghbali, who stated that he attempted to protect
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Bubble Signs: “Drive-by” Valuations in Real Estate

Some analysts are growing increasingly wary of the real estate market as valuations continue to rise higher. Now, more fringe signs that the market might be getting toppy. A new practice is being favored by Wall Street that looks like a sign of froth-so-called “drive-by” valuations. The practice involves
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