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Monday, mar 17
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Business
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…
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Rare Comet Could Shine As Bright As Venus: Here’s When You Can See It
A celestial event 160,000 years in the making will grace the night sky this week, as Comet C/2024 G3 (ATLAS) makes its rare appearance. Expected to be the brightest comet in nearly 20 years, it could shine as brightly as the planet Venus, offering a spectacular sight for skywatchers. Until now, the comet has only been visible in the Southern Hemisphere. However, stargazers in the Northern Hemisphere, including those in the US and Europe, will get their chance to view it as it travels back toward the Sun. The best time to catch a glimpse of the comet is around half an hour before sunr…
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Newly Identified Chemical In Drinking Water Could Be Toxic, Study Says
A newly discovered compound in drinking water has raised questions about its potential health risks. The chemical, known as chloronitramide anion (Cl–N–NO₂⁻), was found in all samples from 10 US drinking water systems that use chloramines, according to a study published in the journal Science on Thursday, Nov. 21. The research, led by Julian L. Fairey, an associate professor at the University of Arkansas, identified chloronitramide anion as a decomposition product of inorganic chloramines, which are commonly used to disinfect municipal water supplies. The study estimates …