Iconic 102-year-old furniture retailer closing forever

One in three of today’s babies will live to see their 100th birthday, according to British government statistics. Businesses face much longer odds, according to data from the Bureau of Labor Statistics (BLS). 79.6% survived one year. 68.9% survived two years. 50.6% survived five years. 42.8% survived seven years. 34.7% survived 10 years. Making it […]

Nine-year-old beloved cookie chain closes all locations

Launched by childhood friends Teddy Gailas and Peter Phillips out of the Queens borough of New York in 2017, Chip City Cookies was one of the early breakaway stars of the “cookie wars” that swept the country as a food craze 10 years ago. The chain made a name for itself through its large, gooey […]

61-year-old bookstore chain closes 68 stores in 3 months

Contrary to the popular belief that physical bookstores and print books are dying, the latest industry data paints a different picture. In 2025, print formats accounted for 50.6% of publishers’ revenue, versus 14% that came from digital formats, according to the Association of American Publishers. At the same time, physical retail revenue increased 7.2% to […]

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Economy
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October 4, 2026BlackRock stock has slumped into a correction: Will it rebound as earnings loom?

BlackRock’s stock has slumped over the past four weeks, mirroring the performance of other private credit players such as Blue Owl, Apollo Global, and Blackstone. The shares peaked at $1,180 in August and have since fallen by nearly 10% from that high. Despite the pullback, the company’s strong fundamentals could support a rebound. BlackRock’s business […]

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Forex
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October 4, 2026Citi Keeps a $2,100 Target on SanDisk After Micron’s…

Citi reiterated Buy on SanDisk stock with a $2,100 price target after Micron’s fiscal fourth quarter, and SanDisk stock is now trading below where it sat before the note landed. It closed 1 October at $1,787.69, up 2.75% on the day Citi published, and by midday Thursday it was at $1,737.50, down 2.81%. Analyst Atif […]

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Investing
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October 4, 2026Super Micro’s $65 Billion Guide, HPE’s $69.33…

An orbital data center is not online. On October 1, 2026, a prototype satellite for Google’s Project Suncatcher reached orbit on a SpaceX rideshare and checked in. It is a radiation-and-heat test with a handful of chips and a power budget measured in kilowatts, not a facility Alphabet can book against this quarter’s capital spending. […]

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Stock
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October 4, 2026Goldman Sachs names four ‘must own’ European stocks for 2027

Goldman Sachs has overhauled its flagship European Conviction List – Directors’ Cut this month, spotlighting key investment opportunities across the continent heading into 2027. Marking the list’s three-year anniversary, the Wall Street titan added four high-conviction equities while rotating out former favorites Naturgy, Norsk Hydro, and Smith & Nephew. Highlighting six picks with projected returns […]

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