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Police & Fire
Brookline Woman Admits To $650K Embezzlement Scheme From Medical Practice: Feds Brookline Woman Admits To $650K Embezzlement Scheme From Medical Practice: Feds
Brookline Woman Admits To $650K Embezzlement Scheme From Medical Practice: Feds An ex-office manager from a Brookline medical practice admitted to stealing more than $650,000 from her former employer, authorities said Friday, May 24.  Kathleen Libby, 40, pleaded guilty to one count of wire fraud and will be sentenced on Sept. 4, the US Attorney for Massachusetts said. She faces up to 20 years in federal prison.  Libby was accused of stealing from her former employer in multiple ways, including creating a fake vendor named "Medline Surgical Supplies" to which she would send PayPal payments, the prosecutor said.  She used the money to buy items from …

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by Josh Lanier
Business
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's To Close 150 Stores, Prioritize Luxury Brands
Macy's To Close 150 Stores, Prioritize Luxury Brands Macy's plans to close about 30 percent of its remaining stores over the next three years. The 150 closures will be at underperforming locations, with 50 planned for this year, the retailer announced on Tuesday, Feb. 27, unveiling what it is calling "A Bold New Chapter" strategy designed to return Macy’s profitability.  "It challenges the status quo to create a more modern Macy’s, Inc.," Tony Spring, chief executive officer of the company said in a statement. "We are making the necessary moves to reinvigorate relationships with our customers through improved shopping experiences, releva…

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by Joe Lombardi