Tuesday, 19 March 2024

Crafts Retailer Joann Files for Bankruptcy

After pandemic-era boom in sales, Joann has been dealing with a pullback in consumer spending on at-home projects. The retailer will become a private company owned by a group of its creditors.

from NYT > Top Stories https://ift.tt/0s1V5in

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Tesla’s Model S, Soon to Be History, Changed the Auto Industry

The company’s chief executive, Elon Musk, said this week that it would stop making the car, an electric pioneer in 2012, as well as the Mode...