Forever 21 poised to shutter all stores ahead of bankruptcy filing: report
Forever 21 is approaching closing its stores forever. The struggling mall flagship — selling $7 T-shirts, $12 dresses and $25 sneakers — has been on the verge of filing for bankruptcy after the flounder came. Bloomberg. Forever 21 discount clothing chain is poised to file for bankruptcy for the first time in six years. Bloomberg […]
Congress poised to force $1B cut to local DC budget, surprising many lawmakers
Congress is poised to pass a Trump-approved funding bill this week. DC officials warn that it will lead to a $1 billion cut in the district's local budget. The 99-page GOP draft StopGap funding bill will continue to run the federal government past the Friday night closure deadline at the 2024 level. Its passing is […]
Asian Equities Poised for Weak Open, Futures Drop: Markets Wrap – Yahoo Finance
(Bloomberg) – Equity and Treasury yields fell Monday as concerns over the US economy put a strain on investors' appetite for risk. Most of them read from Bloomberg Asian stocks fell as S&P 500 stock futures contracts fell 0.4% and technological NASDAQ 100 stocks fell 0.4%. The Treasury slid beyond maturity as investors sought the […]
Disney’s ‘Stitch’ poised to become 2025’s most popular toy: sources
The stitch, blue, pointy, pug-like creatures from Disney's “Lilo & Stitch” franchise are becoming the most popular toy of the year. North America's largest toy trade show will begin on March 1st at Javits Center in Midtown Manhattan. According to the insider, hundreds of toy makers will show big bets for upcoming seasons, including those […]
Millions of Taxpayer Dollars Were Poised to Drive ‘Social and Behavior’ Change in Uganda
Millions of taxpayer dollars are poised to be completely wasted, moving towards efforts to promote “social and behavioral” changes in Uganda and to develop “social responsibility” actions in Colombia, the Ministry of Government Efficiency (DOGE) announced this week. “The US taxpayer dollars were to be spent on all the items that were cancelled,” Doge announced, […]
Iowa is poised to be first in the nation — again!
My small state in Iowa has played a pivotal role in shaping national politics for decades. It began in 1976 in the Iowa Caucus. There, many viewed Ronald Reagan as the washed-down politician. But the former California governor challenged the state's first sitting Caucus president, sparking a political reaction that reshaped Republican and American politics. […]
Goldman Sachs poised to roll back DEI practices: sources
Goldman Sachs plans to reduce some of its diversity, equity and inclusion policies amid the White House-backed crackdown on so-called “awakening” capitalism, the Post learned. A source familiar with the issue said CEO David Solomon will change course amid the threat of a possible litigation after President Donald Trump ordered U.S. Attorney General Pam Bondy […]
The bittersweet reality for Kadary Richmond with St. John’s poised to win Big East vs. former team
If left to Caddary Richmond, St. Johns will win the Big East regular season title on Wednesday. He has no pleasure in the possibility that it will happen against his old school in the yard on Saturday. Johnny's magic number clinching the crown is two. Any combination of victory and Clayton's loss. However, the Blue […]
Conservatives poised to lead Germany; far-right AfD second
Germany's conservative opposition leader Friedrich Merz won the country's election on Sunday, while the far-right Alternatives Deutscheland (AFD) party came in second despite profits. Prime Minister Olaf Scholz admitted his defeat and called the election results “bitter.” The Associated Press reported. Scholz's Social Democrats came third in the worst national elections in decades. With over […]
Germany poised to elect conservative leader as country heads to polls on Sunday
The Germans will go to the poll on Sunday as the conservative Christian Democrats led by Friedrich Merz is expected to drive away current Prime Minister Olaf Scholz. However, the potential prime minister has already shown that he will not control the right-wing populist alternatives of Germany's (AFD) party. The German election has attracted the […]