The company said it had assets and liabilities worth between $1 billion to $10 billion. Conn's HomePlus, a 134-year-old retailer of furniture and electronics, has recently filed for bankruptcy and announced plans to close more than 70 stores nationwide.
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Biotech Boss Jacob VanLandingham Pleads Guilty Over Welfare Fund Case
Biotech executive Jacob VanLandingham pleaded guilty to a fraud charge after allegedly improperly using welfare funds intended to develop a concussion drug in the largest public corruption case in the history of the state of Mississippi.
Wiers Farm Recalls Produce Products Due To Potential Listerian Contamination
The produce products were distributed to Adi, Kroger, and Walmart stores in 17 US states. Wiers Farm, a major farm and food distributor based in Ohio, has recently expanded a recall of its produce products due to a potential listeria contamination.
Australia’s Live Music Industry Investigated by Government Inquiry
The Australian Parliament’s Standing Committee on Communications and the Arts heard evidence from a number of live music industry stakeholders, including Arts Queensland and QMusic.
Here’s How Much CrowdStrike’s Tech Outage Caused in Damages
Airlines were the hardest hit companies, $0.86 billion in total due to the outage. Insurers are now beginning to calculate the financial damage caused by CrowdStrike's faulty software update and the subsequent global tech outage, and the estimates currently surpass $1 billion.
Latest News
Commercial spaceflight company Axiom Space announced this week that they have welcomed retired British astronaut Tim Peake into its professional astronaut pool.
The firm said the testing program used to validate security updates missed "problematic content."
HMD, the Finnish phonemaker more known for the redevelopment of the Nokia mobile phone series, announced the launch of its Better Phone project, with an aim to make mobile devices safer and friendlier for children and teenagers.
Tesla CEO Elon Musk said that the company would be delaying the launch of its long-awaited robotaxi service on Oct. 10, around two months after the planned date.
A Pennsylvania-based federal judge ruled to decline calls to block bans on noncompete agreements issued by the Federal Trade Commission, which was a divergence from an earlier decision at a Texas counterpart earlier this month.
Switzerland became one of the world’s first countries to mandate making its government website softwares to become open source with the implementation of the Federal Law on the Use of Electronic Measures for the Fulfillment of Government Tasks.
A whistleblower complaint accused OpenAI of preventing staffers from speaking to regulators about the potential risks of AI technology.
The Federal Trade Commission has ordered eight companies to provide information the agency said was offering products and services that use personal data to set prices based on a shopper’s individual characteristics.
Elon Musk previously established a super PAC to help support Donald Trump's presidential campaign.
