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BALTIMORE — Out of the 3 million consumer complaints submitted to the Federal Trade Commission in 2018, imposter scams took the top spot. 149
At a rally in Colorado on Thursday night, President Donald Trump took issue with the Academy Awards for awarding Best Picture to a foreign film. 156
An increase in sexually transmitted diseases in Hawaii to the highest numbers reported in decades can be linked to the prevalence of online dating, officials said.Cases of chlamydia, gonorrhea and syphilis have increased significantly in the state, The Honolulu Star-Advertiser 290
As nearly 450 Pier 1 locations are set to close in the coming year, the company announced it is filing for Chapter 11 bankruptcy. Of the 450 locations set to close, 400 of them have either recently closed or started liquidating stock. In addition to the store closings, the company will shutter two distribution centers. The moves come during a rough time for brick and mortar retailers, as malls and shopping centers throughout the United States become more barren. Pier 1 said it is also in the process of securing a buyer for the company over the next six weeks. “In recent months, we have taken significant steps forward in our business transformation and cost-reduction initiatives," CEO Robert Riesbeck said. "We have worked to establish an appropriately sized and profitable store footprint, operating structure and merchandise assortment that will enable Pier 1 to better serve our customers across store and online channels. "Today’s actions are intended to provide Pier 1 with additional time and financial flexibility as we now work to unlock additional value for our stakeholders through a sale of the Company. We are moving ahead in this process with the support of our lenders and are pleased with the initial interest as we engage in discussions with potential buyers.” 1296
As COVID-19, better known as coronavirus, continues to spread in the United States, the Dow Jones Industrial Average took a nosedive on Thursday.Minutes ahead of its close, the Dow was down more than 1,100 points.Thursday's losses come after a few days of wins for the stock market. Bolstered by a surprise cut in interest rates by the Fed, the stock market peaked at 27,000 points at midday Wednesday.As of 3:30 p.m. Thursday, the down had dipped back down under the 26,000 threshold.This story is breaking and will be updated. 540