Closures

Federal Judge Orders Job Corps Centers to Stay Open After Ruling on Unlawful Closures

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A federal judge in San Francisco has ruled that Job Corps centers across the nation must remain operational, declaring that their previous closures were conducted unlawfully. This decision has significant implications for the workforce development programs aimed at assisting young people. The U.S. Department of Labor had initiated the closures as part of a broader move to streamline operations and cut costs. However, the judge found that the process lacked proper notice and violated the legal rights of those reliant on these centers for education and vocational training. The Job Corps program, which was established … Read more

US Tax Loophole closures signal a new era for fast-fashion giants Shein and Temu

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MANSFIELD, Ohio — For years, the companies Shein and Temu exploited U.S. tax loopholes to minimize shipping costs and deliver goods rapidly. However, a recent policy change enacted under President Donald Trump could alter their profitable strategy. Beginning April 2, the government introduced new regulations aimed at closing the loophole that allowed these companies to sidestep tariffs on certain imports. Critics argue that this shift responds to long-standing concerns about unfair trade practices and the fiscal implications for U.S. manufacturers. Shein and Temu, both prominent in the fast-fashion and e-commerce sectors, have built their success … Read more

Bankruptcy Expert Warns of More Retail Chain Closures Following Big Lots in 2025

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As Big Lots commences its store-wide liquidation sales, Arthur Berman, a noted bankruptcy attorney, suggests that these developments might improve the company’s prospects of attracting new ownership. The retail giant, which has been a familiar presence in the American shopping landscape, finds itself in a precarious financial condition prompting such drastic measures. The closure of Big Lots stores is part of a broader pattern of retail distress. Berman warns of a potential uptrend in similar business shutdowns as the sector grapples with various economic pressures. The persistent challenges, including increased online competition, shifting consumer habits, … Read more

San Antonio Commemorates Veterans Day with Ceremonies and Citywide Closures; Wells Fargo Settles Bias Case

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San Antonio, Texas — As the city observes Veterans Day with solemn ceremonies and closed city offices, other news including a significant legal settlement, updates from the University of Texas at San Antonio (UTSA), and noteworthy changes at San Antonio Airport, capture local attention. As temperatures in San Antonio flirt with the high 80s, a weak cold front is anticipated later this week, promising cooler weather in the high 70s. Meanwhile, the Atlantic hurricane season, still active until Nov. 30, remains calm with no significant disturbances reported in the Gulf or Caribbean regions. City Hall … Read more