Joann closing all stores after bankruptcy bid
Joann Inc announces wind down of all stores after a bid by GA Group and term lenders to acquire assets. Online store and app to remain open during going-out-of-business sales, with closure dates to be posted. final sales to run for weeks as operations end.
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Wall Street holds steadier as Nvidia helps lift trends
Wall Street steadied with the S&P 500 down 0.5 percent and the Dow up 33 points while Nvidia weighed on the market after a volatile session. Berkshire Hathaway rose 4.1 percent on strong quarterly profits but warned it holds about 334.2 billion in unused cash, suggesting limited near term purchases amid high valuations.
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Trump says tariffs on Canada and Mexico start next month
President Trump reaffirmed that tariffs on Canada and Mexico will begin next month, resuming after a brief suspension. He claimed the plan is on schedule and argued tariffs will boost revenues, create jobs, and help reduce the deficit, while critics warn shoppers bear the cost.
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Apple to invest $500 billion in U.S. over four years
Apple plans more than 500 billion for U S investment over four years, creating about 20 000 jobs and building a Houston server factory to power Apple Intelligence. Tim Cook highlighted U S commitment while Trump warns of tariffs on Chinese made iPhones.
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Fed workers return to offices amid Musk threat
Federal employees nationwide resumed in office work under Trump's mandate as Elon Musk warned via X that staff failing to return will face administrative leave. EPA headquarter attendance was cited as under 9 percent on peak days, with Edu Federal Student Aid noting some regional offices remain not ready for full in person work.
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