Crypto founder Tiantian Kullander unexpectedly dead at 30

The finance world has been rocked by the sudden and unexpected death of a young crypto founder at the age of just 30. Tiantian Kullander, the co-founder of Hong Kong-based digital asset company Amber Group, died in his sleep on November 23, with the news confirmed on the company’s website “with the deepest sadness and a heavy heart”. Kullander, known affectionately as “TT,” launched Amber … Continue reading Crypto founder Tiantian Kullander unexpectedly dead at 30

Amazon pauses 18 warehouses in a 12 states, bringing total site closures to over 40

(USAToday.com) After expanding its fulfillment network during the pandemic, Amazon has delayed or canceled the launch of over a dozen warehouses across the country, a company spokesperson confirmed. Amazon’s distribution center in Cocoa, Florida, won’t operate until at least some time next year, Florida Today, a USA TODAY Network site, reported this week. Earlier this month, the freight industry trade publication FreightWaves reported that Amazon … Continue reading Amazon pauses 18 warehouses in a 12 states, bringing total site closures to over 40

On Tax Day, an extension may be better than rushing a return!!

(AP) — Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms. As of April 8, the IRS had received more than 103 million returns for this tax season, and it had issued more than 63 million refunds worth more than $204 billion. For comparison, last … Continue reading On Tax Day, an extension may be better than rushing a return!!

Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes

( CNBC.com ) Petco CEO Ron Coughlin on Wednesday said the specialty retailer has a key advantage in an uncertain environment: Americans spend on pets, even when their budgets tighten. At an investor day in New York City, he said the pet category is “resilient to economic downturns, resilient to inflation.” Plus, he said, more people adopted pets during the pandemic, as they moved into larger … Continue reading Petco CEO says company’s growth is inflation-proof, as Americans splurge on pets and bigger homes

Walmart sues BJ’s Wholesale claiming it stole self-checkout technology

( CNBC.com ) Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile app. The suit, filed in federal court, claims Walmart worked for years to develop Scan & Go, a feature that lets Sam’s Club customers ring up purchases on their smartphones while walking … Continue reading Walmart sues BJ’s Wholesale claiming it stole self-checkout technology

Kohl’s confirms it has received multiple preliminary buyout offers

( CNBC.com ) Kohl’s on Monday confirmed it has received multiple preliminary offers from parties interested in acquiring the department store chain. Kohl’s said in a press release the proposals are nonbinding and without committed financing. The company’s board of directors has hired bankers at Goldman Sachs to coordinate with bidders. Hudson’s Bay Co., a Canadian department store operator owned by HBC, is one of the … Continue reading Kohl’s confirms it has received multiple preliminary buyout offers