Bridgeline Named a Top E-commerce Solution Provider of 2024

Bloomberg
Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal
(Bloomberg) -- Seafood restaurant chain Red Lobster filed for bankruptcy, succumbing to onerous leases, high labor costs and a disastrous unlimited shrimp promotion. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Hims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyOne of the Last Big Bears on Wall Street Turns Bullish on US Stocks
The Canadian Press
Red Lobster seeks bankruptcy protection days after closing dozens of restaurants
Red Lobster, the casual dining chain that brought seafood to the masses with inventions like popcorn shrimp and “endless” seafood deals, has filed for Chapter 11 bankruptcy protection. The 56-year-old chain made the filing late Sunday, days after shuttering dozens of restaurants. “This restructuring is the best path forward for Red Lobster. It allows us to address several financial and operational challenges and emerge stronger and re-focused on our growth," CEO Jonathan Tibus said. Tibus, a cor
South China Morning Post
AI seen as driving further growth at Hong Kong fibre optics start-up Cloud Light after acquisition by US firm
Cloud Light Technology, a maker of optical modules based out of the government-backed incubator Hong Kong Science and Technology Parks (HKSTP), anticipates a steady 50 per cent annual growth rate after its acquisition by a US company owing to the artificial intelligence (AI) boom that is boosting data centre demand. The 6-year-old start-up is a manufacturer of fibre-optic transceivers, a device used in data centres to transmit data over fibre optic cables. The company was acquired last November
GOBankingRates
9 Things You Must Do When Your Retirement Savings Reaches $250,000
You've worked hard, put money aside for retirement, and have a nest egg of $250,000 in your portfolio. Now it's time to protect and grow your savings so you can achieve financial freedom during...
Bloomberg
Russia Temporarily Allows Gasoline Exports After Meeting Local Demand
(Bloomberg) -- Russia temporarily lifted its ban on gasoline exports to avoid overstocking at refineries as domestic supplies have met demand.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Hims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyOne of the Last Big Bears on Wall Street Turns Bullish on US StocksRefiners are allowed to
CBC
Construction labour shortage weighs on Alberta businesses as growth accelerates
Alberta's population boom is increasing pressure on the construction sector to build the infrastructure to accommodate growth and business owners say they're already feeling the labour crunch.A shortfall of workers in skilled trades is an issue across Canada, but with Alberta adding more than 200,000 new residents last year, the industry needs to find a way to keep up with more road and bridge repairs, new housing development and major infrastructure work."It's literally the No. 1 issue on every
GOBankingRates
5 Best First Jobs for Remote Work That Will Make You Rich
Remote work has changed workplace culture in the last few years, and more people are seeking job opportunities based on location flexibility. According to a 2023 Pew Research Center survey, 35% of...
GOBankingRates
9 Moves for Retirement Planning to Make Now If You’re Worried About the Economy
Planning for retirement can be challenging. It's hard to know exactly how much you'll need to set aside and, perhaps more importantly, to save enough in the first place. We have a few factors working...
INSIDER
Heiress' lawyer accused of embezzling millions, using her like a 'human ATM'
David Sutherland, a lawyer for Carhartt heiress Gretchen Valade, is accused of embezzling millions of dollars from the woman's trusts.
The Canadian Press
Russian court freezes assets of 2 German banks in gas project dispute
VIENNA (AP) — A court in the Russian city of St. Petersburg has ordered the seizing of assets of Germany’s Deutsche Bank and Commerzbank in the country, the Russia state news agency Tass says. The order is in response to a lawsuit over the planned construction of a liquefied natural gas terminal in the Baltic Sea. The banks were among the guarantors in the contract for building a gas processing plant by a multinational construction firm, Renaissance Heavy Industries, and German company Linde. Bu
Bloomberg
Calpers to Oppose All Exxon Directors Amid Shareholder Dispute
(Bloomberg) -- Calpers, the largest state public pension fund in the US, will vote against all Exxon Mobil Corp. directors, saying the oil giant is undermining shareholder rights.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Hims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyOne of the Last Big Bears on Wall Street Turns Bullish
WMUR - Manchester
Walk for Sight in Concord raises more than $100,000 for Future in Sight
Dozens gathered in Concord to participate in the one-mile loop around town.
GOBankingRates
Social Security Cuts: 10 Countries America Should Learn From
As per the Social Security and Medicare Boards of Trustees, Social Security benefits are expected to be payable in full on a timely basis until 2034 -- when the trust fund reserves are projected to...
Reuters
Target lowering prices on 5,000 items in bid to lure more shoppers
Still-high food prices and borrowing costs have made cash-crunched customers more conscious of their spending on pricey items and look for cheaper products in stores and online, forcing retailers to lower prices to get more consumers to their stores. Target also faces stiff competition from larger rival Walmart that already offers products at lower prices, and last week signaled a resilient U.S. shopper, betting on easing inflationary concerns. "We know consumers are feeling pressured to make the most of their budget," Rick Gomez, chief food, essentials and beauty officer at Target, said in a statement.
Reuters
Analysis-US refiners reward shareholders with big returns despite softer Q1 profits
Major U.S. fuel makers returned billions in capital to shareholders in the first quarter and boosted share repurchase programs, even as refining margins softened from recent records and utilization rates fell. Three of the biggest U.S. independent oil refiners - Marathon Petroleum, Phillips 66, and Valero Energy - earned combined adjusted profits of $2.93 billion and returned $5.5 billion to shareholders through stock repurchases and dividends in the first quarter, according to Reuters calculations. Refiners are tapping into their exiting cash to pay for buybacks and capital returns to shareholders, said Matthew Blair, managing director at TPH&Co. Many companies are carrying excess cash because spending on growth projects has been limited, he said.
GOBankingRates
I’m a Financial Advisor: 6 Best Alternatives to a 401(k) Retirement Plan
The 401(k) is a staple in the U.S. retirement system, with these employer-sponsored plans offering workers the opportunity to save for retirement in a tax-advantaged way.Contributions to traditional...
ABC News Videos
Sean ‘Diddy’ Combs apologizes after release of video showing him assaulting Cassie
Los Angeles District Attorney said they cannot prosecute because of the statute of limitations.
GOBankingRates
5 Debts You Must Pay Off Before Retirement
It is never too early to start thinking about and planning for retirement. Whether you are in your mid-20s and just starting out in your career or within five years of retiring, you will want to think...
BBC
Water investors have withdrawn billions, says research
A report suggests shareholders have taken billons but failed to invest as water bills look set to rise.
GOBankingRates
8 Ways Middle-Class People Become Poor in Retirement
After working for most of your adult life, the last thing you want to do is stress about your finances and paying hefty bills in your golden years. You want to enjoy your retirement after committing...

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Bridgeline Named a Top E-commerce Solution Provider of 2024

Latest Stories

Red Lobster Chain Goes Bankrupt After Unlimited Shrimp Deal

Red Lobster seeks bankruptcy protection days after closing dozens of restaurants

AI seen as driving further growth at Hong Kong fibre optics start-up Cloud Light after acquisition by US firm

9 Things You Must Do When Your Retirement Savings Reaches $250,000

Russia Temporarily Allows Gasoline Exports After Meeting Local Demand

Construction labour shortage weighs on Alberta businesses as growth accelerates

5 Best First Jobs for Remote Work That Will Make You Rich

9 Moves for Retirement Planning to Make Now If You’re Worried About the Economy

Heiress' lawyer accused of embezzling millions, using her like a 'human ATM'

Russian court freezes assets of 2 German banks in gas project dispute

Calpers to Oppose All Exxon Directors Amid Shareholder Dispute

Walk for Sight in Concord raises more than $100,000 for Future in Sight

Social Security Cuts: 10 Countries America Should Learn From

Target lowering prices on 5,000 items in bid to lure more shoppers

Analysis-US refiners reward shareholders with big returns despite softer Q1 profits

I’m a Financial Advisor: 6 Best Alternatives to a 401(k) Retirement Plan

Sean ‘Diddy’ Combs apologizes after release of video showing him assaulting Cassie

5 Debts You Must Pay Off Before Retirement

Water investors have withdrawn billions, says research

8 Ways Middle-Class People Become Poor in Retirement