Apparel retailer Bebe Stores Inc said it is exploring strategic alternatives following four years of losses, sending the shares of the company up about 16 percent after market. The company, which has a market cap of about $29 million, said on Wednesday it has retained B. Riley & Co as its financial adviser. Bebe Stores also engaged a real estate adviser to help decide on options related to its lease holdings.
USA Hockey said on Wednesday it had put preparations for the upcoming world championships on hold amid a wage dispute with the U.S. women's team who have threatened to boycott the event. The women's team were originally scheduled to begin a seven-day training camp on Wednesday in Traverse City, Michigan, and play an exhibition game against Finland on Saturday but USA Hockey said neither would happen. USA Hockey also said it anticipated staging a training camp in Plymouth, Michigan, where the week-long tournament begins on March 31.
A Wisconsin man who wrote on his Facebook page and told several others that he planned to kill then-U.S. President Barack Obama has lost his appeal of his conviction and three-year prison term for threatening the president. The 7th U.S. Circuit Court of Appeals in Chicago on Wednesday rejected Brian Dutcher's request that his January 2016 jury conviction be set aside because of a lack of evidence.
WASHINGTON - President Donald Trump on Wednesday offered British Prime Minister Theresa May the full cooperation and support of the United States in responding to an attack close to the British Parliament, the White House said in a statement.
WASHINGTON - U.S. President Donald Trump and Republican congressional leaders appeared on Wednesday, March 22, to be losing the battle to get enough support in the House of Representatives to pass their Obamacare rollback bill, watched by wary investors in financial markets. The current House Republican rollback plan is scheduled for a floor vote on Thursday but faces stiff resistance from some conservative Republicans, who view it as too similar to Obamacare, and from moderates concerned it will hurt some voters.
EDINBURGH - Scotland's devolved parliament suspended a planned vote on Wednesday to give its government a mandate to seek a new independence referendum after an attack on Britain's Houses of Parliament in London which police said they were treating as a terrorist incident. No date for the debate to resume was given. The Scottish parliament issued a statement saying it would increase security measures, although no specific threat to Scotland had been detected.
Sears Holdings Corp, once the largest U.S. retailer, warned on Tuesday, March 21, about its ability to continue as a going concern after years of losses and declining sales. "Our historical operating results indicate substantial doubt exists related to the company's ability to continue as a going concern," Sears said in its annual report for the fiscal year ended Jan. 28.
SEOUL - A North Korean missile appeared to have exploded on Wednesday, March 22, just after it was launched, the U.S. and South Korean militaries said after detecting the latest in a series of weapons tests by the nuclear-armed state that have alarmed the region. The launch attempt was made from near the city of Wonsan, on North Korea's east coast, the same place from where it launched several intermediate-range missiles last year, all but one of which failed.
Chuck Barris, who tapped into Americans’ hunger to be on television by creating game shows such as “The Dating Game,” “The Newlywed Game” and his showcase for the acutely untalented, “The Gong Show,” died on Tuesday, media outlets reported. Barris died of natural causes at age 87 in Palisades, New York, Variety.com said, citing his publicist.
CHICAGO - A teenage girl in Chicago whose sexual assault by multiple attackers was broadcast on Facebook has been found by law enforcement, police said on Tuesday, March 21. The 15-year-old girl was located on the city's West Side and is being treated at a hospital for sexual assault, Chicago Police Department spokesman Frank Giancamilli said by email. All the suspects in the attack appear to be juveniles, he added.