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Business
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Arts and crafts retailer Joann is declaring bankruptcy for the second time in less than a year, officials said. Joann filed for Chapter 11 bankruptcy in a Delaware court, the company said in a news release on Wednesday, Jan. 15. The chain known for sewing and other craft materials said the move will help facilitate a sale to maximize the business's value. Interim CEO Michael Prendergast said the bankruptcy declaration was necessary despite the chain's efforts to drastically improve its financial health. "Since becoming a private company in April [2024], the Board and management team h…

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by Chris Spiker
Police & Fire
27 Vehicles Damaged By Fast-Moving Fire At Maryland Auto Auction Lot, Investigators Say 27 Vehicles Damaged By Fast-Moving Fire At Maryland Auto Auction Lot, Investigators Say
27 Vehicles Damaged By Fast-Moving Fire At Maryland Auto Auction Lot, Investigators Say More than two dozen cars were damaged by a fast-moving fire in a Cecil County lot overnight, according to investigators. Shortly before 10:40 p.m. on Sunday night, firefighters were called to Innovative Auto Auction (IAA) on Zeitler Road in Elkton, when a passerby reported seeing flames to the Singerly Fire Company. The fire sparked at 9:06 p.m., but wasn't called in until 10:39 p.m. on June 30, officials noted. Investigators from the Office of the Maryland Fire Marshal said that an electrical malfunction within the engine compartment of a 2020 Kia Rio sparked the blaze, which spread …

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by Zak Failla
Business
Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where
Red Lobster Suddenly Closes Dozens Of Locations Nationwide: Here's Where Red Lobster has abruptly closed dozens of locations across the United States. According to a Bloomberg, the fast-casual seafood restaurant has considered filing for bankruptcy. The following locations are listed as being temporarily closed on the Red Lobster website, with some set to be auctioned off. MD: Columbia, Laurel, Silver Spring, Gaithersburg NJ: Ledgewood, Lawrenceville, East Brunswick, Bridgewater PA: Erie VA: Newport News, Williamsburg, Colonial Heights TAGeX Brand, which bills itself as the world's largest after-marketplac…

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by Cecilia Levine
News
Adolf Hitler's Watch Sells For $1.1M At Maryland Auction Adolf Hitler's Watch Sells For $1.1M At Maryland Auction
Adolf Hitler's Watch Sells For $1.1M At Maryland Auction A watch that once belonged to Adolf Hitler sold for more than $1 million at a Maryland auction house. Alexander Historical Auctions in Chesapeake City announced that it sold the former führer’s wristwatch for $1.1 million over the weekend, describing it as a “World War II relic of historic proportions.” Auctioneers had estimated the value of the watch between $2 million and $4 million. The auction had come under fire from some, with Jewish officials objecting to the sale, stating that it has “little to no historical value.” “The sale of these items is an abhorrence,” a collection of 34 …

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by Zak Failla