Month: April 2026

Investing

Gold medal-winning beer brand files for Chapter 11 bankruptcy

Hundreds of high-quality craft breweries have faced economic distress during the Craft Beer Apocalypse, with many filing for bankruptcy protection to continue operating and others forced to close. The craft beer industry faced 385 brewery closures in 2023 and another 399 closings in 2024, according to the Brewers Association. The industry downturn led to more brewery closures than […]

Investing

Another iconic American restaurant shuts down after 115 years

While it’s a number you often hear cited, 90% of restaurants do not fail in the first year. That’s an exaggerated statistic meant to show the massive challenge of opening a new restaurant. It’s not real, but the actual numbers show that the business is still daunting. Bureau of Labor Statistics (BLS) data show that […]

Investing

Home Depot partner and rival closes, files Chapter 7 bankruptcy

An ongoing housing slump and consumers’ reluctance to spend in an uncertain economic environment have impacted sales at home improvement stores, forcing retailers to close down operations and, in some cases, file for bankruptcy protection. Economic conditions have affected industry leader Home Depot as the home improvement giant’s sales declined by 3.8% in its fourth […]

Investing

McDonald’s takes aim at Starbucks with new drinks menu

McDonald’s has tried for decades to win more beverage business. The fast-food giant never mentions Starbucks, but that’s the giant in the space, from which the Big Mac-maker would have to take share in order to meaningfully impact its business. It’s a move for the burger chain to unlock added sales and the higher margins […]

Investing

Target’s latest offering is so much more than a sale

Target started the year with many big moves in effort to reestablish its brand and win back customers’ trust. The latest effort is focused on the retailer’s role in the neighborhood.  Earlier in 2026, the retail giant appointed former CFO and COO Michael Fiddelke as its new CEO, a move that signaled a major transformation […]

Crypto

Tom Lee’s Bitmine Adds 101,901 ETH, Pushing Ethereum Holdings Above 5 Million

Ethereum treasury company Bitmine has announced another weekly Ethereum buy, bringing its holdings above 5 million ETH. The BMNR stock is trading flat amid the announcement of this latest purchase, even as the Ethereum treasury company is now a step closer to holding 5% of the total ETH supply. Ad Ad Bitmine Purchases 101,901 ETH […]

Crypto

Solana In Spotlight As Western Union Eyes Stablecoin Launch

Western Union is pushing further into blockchain payments, announcing it will launch a new stablecoin, USDPT, on Solana next month. The move was unveiled in the company’s first-quarter results call, with executives emphasising its move towards digital asset infrastructure. Ad Ad Western Union Chooses Solana To Launch Its Stablecoin Western Union CEO Devin McGranahan expressed […]

Crypto

Will XRP Price Hold $1.40 as MACD Turns Bearish in Descending Triangle?

XRP price hovered at $1.40 on Monday after a week of bullish trend. The token failed to sustain gains near recent highs. Momentum indicators were weak and the sellers slowly regained control.  There were mixed signals in the wider crypto market, which contributed to uncertainty.  The BTC price is trading under $78,000, following a rejection […]

Crypto

Just-In: Vivek Ramaswamy’s Strive Boosts Bitcoin Holdings With $61M BTC Purchase

Bitcoin treasury company Strive Asset Management (NYSE:ASST) has continued to buy BTC. Vivek Ramaswamy’s Strive announced purchasing over $61 million in Bitcoin on Monday, April 27. Ad Ad Vivek Ramaswamy-Backed Strive Buys Additional Bitcoin According to a recent disclosure, the company bought 789 BTC for an estimated $61.43 million, at an average price of around […]

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