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Forever 21 plans to close 200 stores in second bankruptcy: report

The US-based operator of Forever 21 was preparing to close at least 200 locations as part of the bankruptcy process, which is expected to kick off soon next month. Bloomberg News reported Wednesday, cite people with knowledge of the matter. Potential bankruptcy is looking for buyers for the remaining retailers' stores. However, if eligible buyers […]

Pirates’ Paul Skenes plans to add even more pitches to his repertoire

Being in the batsman's box against Paul Skenes would already be even more frightening than that. The 22-year-old Skens arrived at Pirates Spring Training earlier this week, bringing his Arsenal two additional pitches. The 2024 National League Rookie of the Year is in the process of adding a cutter and a two-seam fastball to the […]

Trump plans to impose new US tariffs on countries with value-added taxes

President Trump announced on Saturday that other countries' Value Added Tax systems will be treated like tariffs, including in his new plan to impose US taxes. “We consider countries that use the VAT system, which is much more punitive than tariffs, to be similar to countries with tariffs.” Trump said in a post about the […]

Egypt Plans ‘Islamic Summit’ to Fight Trump’s Gaza Plan

Egypt is pushing a special meeting of Islamic Cooperation Organizations (OICs) from 57 members of Islamic cooperation to solidify opposition to President Donald Trump's proposal to move Palestinians out of Gaza and promote reconstruction. It is reportedly. Nationwide Thursday Quote Saudi Arabia and Qatar also said they were firmly opposed to Trump's plans, saying “sources […]

Why ageless BlackRock boss Larry Fink has no plans to retire

One of the big questions on Wall Street is when Larry Fink, the longtime CEO and founder of manager management giant BlackRock, decides to retire. Answer: If Fink has his way, never. The CEO of the world's largest asset management company warns his top people that he is sticking to a foreseeable future, at least […]

Gold price holds steady amid concerns over Trump's tariff plans – FXStreet

Gold prices will rise in early European sessions on Friday. The fear of trade wars and lower US bond yields support precious metals. Investors are braces for January retail sales data in the US, scheduled for the second half of Friday. Gold prices (XAU/USD) will be extended early in Europe's trade hours on Friday. There […]