Bed Bath & Beyond is cleaving off an arm in an effort to conserve cash in what could be its final hours. A source told Yahoo Finance the company informed workers on Thursday that all of its Harmon brand stores would be closed as the embattled retailer continues on its downward trend. Harmon — which mostly focuses on the sale of beauty products — operated about 52 stores in six states, according to the company’s most recent annual report. A store employee at at NYC location told Yahoo… Source link
Read More »Bitcoin is teetering on a very key technical level
After Wednesday’s cryptocurrency collapse erased more than $500 billion in global market cap, bitcoin finds itself teetering on a very key technical level. Regardless of whether or not it was all sparked by Elon Musk tweets, or a rotation by institutional players out of bitcoin (BTC-USD) into altcoins or gold, the world’s largest crypto by market cap dipped below its 200-day moving average on Wednesday. According to historical bitcoin data from Fundstrat Global Advisors, bitcoin trading above… Source link
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