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Frederick’s of Hollywood Seeks Chapter 11 Bankruptcy Protection

Financiarul April 21, 2015July 19, 2024Business, Financing, Headlinesbankruptcy, Chapter 11 bankruptcy, Frederick's, Hollywood Leave a comment

On Sunday, April 19, Frederick’s of Hollywood Group Inc., a retailer known for its selection of racy women’s lingerie, filed for Chapter 11 bankruptcy protection after closing its remaining stores and settling a deal to sell itself as an online-only venture. According to Bloomberg, the Los Angeles-based company notified customers it had closed all its store locations via its website. In bankruptcy papers filed at the U.S. bankruptcy court in Wilmington, DE, Frederick’s listed $36.5 million in assets and $106 million … Continue reading “Frederick’s of Hollywood Seeks Chapter 11 Bankruptcy Protection”

Temporary Classrooms Becoming Permanent Problem in Los Angeles

Financiarul April 17, 2015July 19, 2024Headlines, TechnologyLos Angeles schools, portable classrooms, students, temporary classrooms Leave a comment

Even though the Los Angeles Unified School District has dropped billions in funding on the construction of new campuses since 2003, it’s still using thousands of “portable” or “temporary” classrooms, which are becoming quite problematic. Although LA Unified has tried to reduce the number of temporary classrooms, about 30% of available class space in LA Unifed is portable, which means there are some 8,300 portable facilities still in use. Worse, the district is required to remove about 58 temporary classrooms … Continue reading “Temporary Classrooms Becoming Permanent Problem in Los Angeles”

Federal Flood Insurance Premiums Skyrocket for High-Risk Area Homeowners

Financiarul April 6, 2015July 19, 2024Headlines, Taxes & Lawfederal insurance programs, flooding, homeowners insurance, water damage Leave a comment

Just as the winter weather is finally starting to warm up and snow-covered cities across the U.S. are starting to see sunlight, homeowners who have purchased flood insurance under the federally backed National Flood Insurance Program (NIFP) received an unwelcome surprise: starting on April 1st, policyholders have begun receiving renewal notices with substantially higher premium rates than before. According to the New York Times, the rate changes are not consistent across the board; instead, the majority of homeowners will see increases between … Continue reading “Federal Flood Insurance Premiums Skyrocket for High-Risk Area Homeowners”

World’s First Google Shop Opens in London

Financiarul March 13, 2015July 19, 2024Business, Headlinesbrick and mortar, Google, Google shop, search engine Leave a comment

The world’s first Google shop has opened inside a Currys World PC store in London. Google, perhaps known best as a search engine (owning 65% to 70% of the global search engine market), will be using the store-within-a-store to push the sale of Google hardware such as Chromebooks, Android Wear smartwatches, Chromecast streaming dongles, and Nexus tablets and smartphones. “We think it’s a genuinely unique try-before-you-buy experience,” Google’s U.K. Marketing Director James Elias told the Telegraph March 11. Although Google has not … Continue reading “World’s First Google Shop Opens in London”

Spending Money to Save It: Why Hospitals Are Investing Millions of Dollars in Urgent Care Centers

Financiarul February 18, 2015July 19, 2024Business, Headlines Leave a comment

The driving factor of the urgent care boom is to reduce annual health care spending by a whopping $4.4 billion, according to a recent report highlighting the shift towards urgent care centers and retail clinics and away from hospital emergency rooms. Due to the passing of the Affordable Care Act, urgent care centers have continued to gain traction as hospital officials seek ways to save. Designed to treat a variety of acutely arising conditions and offering a number of different … Continue reading “Spending Money to Save It: Why Hospitals Are Investing Millions of Dollars in Urgent Care Centers”

As Flu Rates Increase, Urgent Care Clinics Expand Their Locations

Financiarul January 13, 2015July 19, 2024Headlinesflu epidemic, flu season, flu symptoms, urgent care facilities Leave a comment

Everyone knows that, during the colder winter months, the flu — a viral infection that targets the body’s respiratory system — can run rampant. However, many people may be surprised to hear that this common condition can be fatal, especially when it is contracted by patients who are very old or very young. For this reason, doctors typically recommend that patients get a yearly flu vaccination and seek out medical care if they experience any symptoms. Now, due to the … Continue reading “As Flu Rates Increase, Urgent Care Clinics Expand Their Locations”

Will More Body Cameras Really Help Solve the Issue of Police Brutality?

Financiarul January 5, 2015July 19, 2024Headlines, Technology Leave a comment

With a simmering distrust brewing between minority communities and police departments across the nation, the call for police body cameras is growing louder. However, critics argue that more body cameras will not offer a viable solution. At the beginning of December, the White House asked for $263 million in funding for more police body cameras and training. On December 16, L.A. Mayor Eric Garcetti announced that the City of Angels would buy 7,000 body cameras for police, using about $1 … Continue reading “Will More Body Cameras Really Help Solve the Issue of Police Brutality?”