Tuesday Morning files for bankruptcy for second time
February 15, 2023
Tuesday Morning Corp. filed for bankruptcy protection for the second time since the onset of the Covid-19 pandemic. The discount retailer filed in Texas, listing assets and liabilities of $100 million to $500 million, in its bankruptcy petition. It emerged from its last bankruptcy in January 2021 after closing about 200 stores, cutting its employee headcount and slashing debt.
Recent News
Live Nation Addresses Unlikely Breakup Amid Looming DOJ Lawsuit
In a recent discourse addressing the specter of a Department of Justice (DOJ) lawsuit, Live Nation’s chief financial officer and president, Joe Berchtold, offered insights into the impending legal predicament.
Instacart Partners With Uber Eats for Restaurant Delivery
The two delivery giants are working together to serve customers.
California Bill Could Force Stores To Close Self-Checkouts
A California bill could change regulations on self-checkouts in stores. Some businesses may have to discontinue this service altogether.
Apple Is Developing Chips for AI Software in Data Centers, According to Reports
According to a report from the Wall Street Journal, Apple has been working on chips designed to power artificial intelligence software within data centers.