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Bed Bath & Beyond missed earnings expectations a week after the company warned of potential bankruptcy

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qz.com › bed-bath-beyond-stock-bbby-q3-results-losses-1849970507

Bed Bath & Beyond stock price rallied on Tuesday (Jan. 10) despite the company’s earnings results showing wider-than-expected losses, further raising the possibility of the struggling retail giant filing for bankruptcy in the coming months. The company reported a net loss of $393 million, after projecting just $386…

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Boris Johnson appeared to be edited out of a photo tweeted by his ex-minister to celebrate the Virgin Orbit launch

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qz.com › boris-johnson-virgin-orbin-grant-shapps-photo-tweet-1849969056

In a potentially embarrassing social media mishap, Grant Shapps, the UK Conservative government minister for business, energy and industrial strategy, tweeted a photo about the first UK satellite launch that seemed to have had Boris Johnson edited out of it. Unfortunately for Shapps and his department, the same photo…

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McDonald’s ex-CEO is paying an extra $400,000 for obscuring the reason behind his termination

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qz.com › mcdonald-s-ex-ceo-is-paying-an-extra-400-000-for-obscu-1849968735

The Securities and Exchange Commission found that McDonald’s dismissal of its ex-CEO Stephen J. Easterbrook was not by the book—but only the former business executive is facing repercussions for the affair.

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