World

Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy

Published

2 months ago

March 31, 2023

Bed Bath & Beyond Inc. said it will try to sell up to $300 million of common stock in the open market while terminating a fundraising deal with hedge fund Hudson Bay Capital Management LP in the latest effort by the troubled home-goods retailer to stave off bankruptcy.

The Union, N.J.-based company broke off its equity-raising deal with Hudson Bay after reporting another sharp drop in sales in the most recent quarter. Bed Bath & Beyond also said that if its public offering fails to come through, the company expects to file for bankruptcy protection, likely wiping out holders of its common stock.

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World

Settlement Talks Prompt Delay Request in 3M ‘Forever Chemicals’ Trial

Published

5 hours ago

June 5, 2023

Informer

Attorneys for both sides in a landmark environmental battle set to begin Monday in federal court are seeking to delay the trial so they can work out the terms of a potential settlement, according to a court motion filed late Sunday.

World

Evan Gershkovich and Our Brave New World

Published

13 hours ago

June 4, 2023

Informer

Mary Anastasia O’Grady writes “The Americas,” a weekly column on politics, economics and business in Latin America and Canada that appears every Monday in the Journal. Ms. O’Grady joined the paper in August 1995 and became a senior editorial page writer in December 1999. She was appointed an editorial board member in November 2005. She is also a member of the board of directors of the Indianapolis-based Liberty Fund.

In 2012 Ms. O’Grady won the Walter Judd Freedom Award from The Fund for American Studies. In 2009 Ms. O’Grady received the Thomas Jefferson Award from The Association of Private Enterprise Education. In 2005 Ms. O’Grady won the Bastiat Prize for Journalism awarded by the International Policy Network for her articles on the World Bank, the underground economy in Brazil and the bad economic advice the U.S. often gives to Latin American countries. In 1997 Ms. O’Grady won the Inter American Press Association’s Daily Gleaner Award for editorial commentary.

Ms. O’Grady received a bachelor’s degree in English from Assumption College and an M.B.A. in financial management from Pace University.

World

Climate Change Will Upend Agriculture. Here Are Five Technologies That Could Help.

Published

15 hours ago

June 4, 2023

Informer

Agriculture faces some daunting challenges from a changing climate in coming years, scientists project. Heavy rainfall is expected to become more frequent, with resulting erosion of soil decreasing available nutrients. Growing conditions are forecast to change regionally—with some places seeing a potentially longer growing season, but others seeing drier, colder ones. Disease-causing pests and insects are expected to expand their range.

World

How Chinese Dissent Found Its Voice in New York City

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17 hours ago

June 4, 2023

Informer

A bloody shirt, ripped banners and other evidence of Beijing’s June 4, 1989, crackdown on students in Tiananmen Square went on display this week in New York City, in the latest action by Chinese political dissidents in the Big Apple.

World

Forgoing an M.B.A. Gains Popularity in Private Equity

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21 hours ago

June 4, 2023

Informer

Soon after graduating from Boston College in 2017 with a bachelor’s degree in finance, Lauren Wedell landed a job as an analyst at Chicago-based investment bank William Blair & Co. She subsequently joined technology-focused investment firm Battery Ventures in 2018 as an associate and has risen to vice president.

Wedell’s career trajectory within private equity has been typical in many ways but for one crucial decision: She said she had decided there was more value in gaining two years of deal-making experience than earning…

World

Iowa Republican Gathering Features Roast Pig, Motorcycles—And a Growing 2024 Field

Published

1 day ago

June 4, 2023

Informer

John McCormick

June 3, 2023 6:07 pm ET

DES MOINES, Iowa—A state fairgrounds stage Saturday showed just how crowded the

2024 Republican presidential field has become—even before three new entrants join next week—as candidates courted voters amid grilled pork, motorcycles and heated rhetoric.

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World

Sure, It’s Stylish. But This Pool House Was Built to Withstand a Hurricane

Published

2 days ago

June 3, 2023

Informer

By J.S. Marcus

June 3, 2023 1:00 pm ET

After relocating to greater Miami from Chicago in 2018, a Florida couple made only minor adjustments to the interior of the five-bedroom home they purchased for $7.34 million. The backyard pool area of the Coral Gables property, on the other hand, needed work. The existing open-air gazebo, they decided, was nice to look at but wouldn’t get much use in a climate marked by heat, humidity and the threat of storms.

World

Meet the Beetle a Car Museum Director Takes on Joy Rides

Published

2 days ago

June 3, 2023

Informer

By A.J. Baime | Photographs by Ethan Gulley for The Wall Street Journal

June 3, 2023 10:00 am ET

Terry L. Karges, executive director of the Petersen Automotive Museum, who lives in Santa Monica, Calif., on his 1962 Volkswagen Beetle, as told to A.J. Baime.

World

What Engagement With China Has Meant for Me

Published

2 days ago

June 3, 2023

Informer

Over the past decade, the relationship between the U.S. and China has gone from a symbiotic embrace—“Chimerica,” as some academics called it—to an ominous mutual rejection. There is now a bipartisan consensus in Washington that the longstanding strategy of deepening economic ties with Beijing has failed. China’s leadership, in turn, increasingly sees the U.S. as an existential threat. In both countries, anyone arguing in favor of a softer line is seen as politically naive or worse.

World

‘It’s Pretty Horrific but Fascinating Nonetheless.’ Inside the New Wave of Atomic Tourism.

Published

2 days ago

June 3, 2023

Informer

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