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Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores
Big Lots To Begin 'Going Out Of Business' Sales At Nearly 1,000 Remaining Stores Big Lots has announced plans to close all of its remaining 963 stores, initiating "going out of business" sales following its Chapter 11 bankruptcy filing in September. The company says it's started the process of closing stores in 48 states and liquidating inventory under its court-supervised Chapter 11 bankruptcy proceedings.  The decision comes as the retailer seeks to maximize value for stakeholders while exploring potential going-concern sale opportunities. "We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots' President and Chie…

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by Joe Lombardi
News
First Severe Bird Flu Case Confirmed In US First Severe Bird Flu Case Confirmed In US
First Severe Bird Flu Case Confirmed In US Health officials have confirmed the first severe case of H5N1 bird flu in the United States. The Centers for Disease Control and Prevention (CDC) made the announcement on Wednesday, Dec. 18 saying the infection was diagnosed on Friday, Dec. 13, following contact the patient made with sick and dead birds from a backyard flock. The case was reported in Louisiana and marks the first H5N1 case in the US linked to exposure to backyard poultry.  Since April 2024, there have been a total of 61 reported human cases of H5 bird flu reported in the United States. H5 is generally less severe than…

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by Joe Lombardi
News
Why New Jersey Is Suing TikTok Why New Jersey Is Suing TikTok
Why New Jersey Is Suing TikTok New Jersey has joined a group of states suing social media giant TikTok, alleging the video-sharing app is highly-addictive and harmful to children. The complaint, filed temporarily under seal in the Superior Court of New Jersey, Chancery Division, Essex County, alleges multiple violations of the New Jersey Consumer Fraud Act (CFA), New Jersey Attorney General Matthew Platkin said. Other AGs are filling similar lawsuits across the country Tuesday, Oct. 9, including those in Kentucky, Louisiana, Massachusetts, Mississippi, North Carolina,  Oregon, South Carolina, Vermont and Washington.…

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by Cecilia Levine
Business
Popular Milk Product Recalled In 27 States, Including NJ, Due To Allergy Risk Popular Milk Product Recalled In 27 States, Including NJ, Due To Allergy Risk
Popular Milk Product Recalled In 27 States, Including NJ, Due To Allergy Risk A nationwide recall has been issues for a popular brand of milk due to an allergy risk. HP Hood LLC is recalling 96-ounce containers of Lactaid Milk because the product may contain trace amounts of almond, which is not listed on the label.  People who have an allergy or severe sensitivity to almonds may run the risk of serious or life-threatening allergic reaction if they consume these products, according to an announcement by the Food and Drug Administration (FDA). The product was shopped to retailers and wholesalers in Alabama, Colorado, Connecticut, Florida, Georgia, Iowa, Illinois…

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by Joe Lombardi