Overcast 30°
Tag:

Auction

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…

SHARE

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 …

SHARE

by Zak Failla