Fair 46°
Tag:

Korea

Business
Forever 21 Collapses: Bankruptcy Forces US Stores To Shut Down, Reports Say Forever 21 Collapses: Bankruptcy Forces US Stores To Shut Down, Reports Say
Forever 21 Collapses: Bankruptcy Forces US Stores To Shut Down, Reports Say Forever 21 is going out of business in the US after struggling against online rivals Shein and Temu, according to reports. Forever 21 filed for bankruptcy protection for the second time in six years and has already started liquidation sales at more than 350 stores, CNBC reported. Its US operations are expected to shut down entirely unless a buyer steps in. Sparc Group, Forever 21's operator, had been searching for a buyer for months and contacted more than 200 potential bidders. Court filings show that 30 parties signed confidentiality agreements, but no viable deal materialized. Talks wit…

SHARE

by Chris Spiker
Obituaries
Rocky Gannon, Decorated WWII Fighter Pilot From Ocean City, Dies At 99 Rocky Gannon, Decorated WWII Fighter Pilot From Ocean City, Dies At 99
Rocky Gannon, Decorated WWII Fighter Pilot From Ocean City, Dies At 99 An Ocean City native who was a decorated fighter pilot and World War II veteran has died. Roland "Rocky" Gannon "passed quietly and peacefully in his sleep, surrounded by family" on Tuesday, June 4, according to his obituary. He was 99 years old. Gannon was born on a kitchen table in a house without electricity or running water in Palermo, NJ on Sunday, Mar. 8, 1925. He was the youngest of five children. At 17, Gannon left for Army Air Corps pilot training on the morning of his junior prom in 1943. "For the next year he took college courses and completed several different aviation sc…

SHARE

by Chris Spiker
Police & Fire
NJ Biz Owner Admits Conning Customers Out Of $2.1M By Substituting Dirt, Debris For Scrap NJ Biz Owner Admits Conning Customers Out Of $2.1M By Substituting Dirt, Debris For Scrap
NJ Biz Owner Admits Conning Customers Out Of $2.1M By Substituting Dirt, Debris For Scrap The owner of a New Jersey-based scrap metal company told a customer that dirt and debris found packed into a container shipped to Korea that was supposed to hold aluminum scrap was a mistake, authorities said. Turns out it wasn’t. Creed White, 64, of Freeland, Maryland, admitted in federal court in Camden this week that he scammed a dozen or so businesses out of more than $2 million, authorities said on Thursday, Aug. 3. Using the name “Dan Stein,” White contacted one of the victims through an Internet message board on behalf of his Camden-based company American Scrap company, a complaint …

SHARE

by Jerry DeMarco
News
'Murder Hornets': Media-Created Panic Scaring Some Into Killing Essential Insects, Experts Warn 'Murder Hornets': Media-Created Panic Scaring Some Into Killing Essential Insects, Experts Warn
'Murder Hornets': Media-Created Panic Scaring Some Into Killing Essential Insects, Experts Warn Continuing media reports about “murder hornets” have panicked an ignorant public into needlessly killing already-endangered bees and wasps, experts warn. Native bees, for instance, pollinate 75% of fruits, nuts and vegetables grown in the United States, the U.S. Department of Agriculture reports. Yet even government beekeepers have announced plans to set traps that will kill some of these extremely essential insects, Doug Yanega, senior museum scientist for the Department of Entomology at UC Riverside, told the Los Angeles Times. SEE: Traps will be set out soon, KY officials say SEE: Ten…

SHARE

by Jerry DeMarco