Tag: Business - Page 6

#Business

Mrs. Jessica Morgan

Baltimore logistics giant faces bankruptcy shakeup

A longtime Baltimore logistics company, in business for nearly 40 years, just filed for Chapter 11 bankruptcy—joining a growing list of warehousing and transportation firms struggling to stay afloat. Despite the filing, Baltimore International Warehousing & Transportation says it will keep operating while it restructures under court supervision. This move highlights how even established, local businesses aren’t immune to the industry’s financial pressures, from rising costs to shifting demand. What does this mean for jobs, local shipping, and the future of Baltimore’s supply chain? Let’s talk about how these changes could ripple through our community. #Business #Baltimore #Logistics

Tristan Richards

Amazon’s Luxury Gamble: Saks Goes Bust

Here’s a money lesson from the world of high-end shopping: Saks Global tried to become the king of luxury malls by merging with Neiman Marcus, but the plan fizzled and now they’re bankrupt. Amazon even dropped $475 million to get in on the action, but that investment just went up in smoke. The big takeaway? Even the fanciest brands can trip up if they borrow too much and don’t keep up with how people shop. If you’re a Saks or Neiman Marcus shopper, your stores and gift cards are safe for now—but behind the scenes, it’s a scramble. #Business #EntrepreneurshipStartup #SaksGlobal

Vanessa Brown

Payday 3 Drama: Why Gamers Are Jumping Ship

Starbreeze, the studio behind Payday 3, just hit the layoff button again—just three months after their last round. If you’re a fan, you might’ve noticed the game’s rough launch and how Payday 2 (yep, the old one) is still more popular. For gamers, this means fewer updates and more uncertainty, so maybe stick with the classics for now. It’s a reminder: sometimes, the sequel isn’t always better for your wallet or your fun. #Business #EntrepreneurshipStartup #Payday3

Megan Garcia

Aldi’s Secret Sauce: Fast, Cheap, and Loyal Fans

Next time you’re grocery shopping, notice how Aldi is popping up everywhere. They’re on a mission to open thousands more stores, making it easier to snag affordable groceries without the endless aisles. The real hack? Aldi’s own brands fill 90% of their shelves, so you get quality for less—and that’s winning over everyone from budget shoppers to foodies. If you want to save big and shop fast, Aldi’s no-frills style is the move. #Business #LocalBusiness #Aldi

carlsongary

Costco Parking Woes: Worth the Wait?

Ever felt like you need a game plan just to park at Costco? You’re not alone. A new survey says the best Costcos are in the Midwest and South, while East Coast stores are infamous for parking nightmares and long lines. Still, fans swear by their local spot for cheap gas, free samples, and those $1.50 hot dogs. Pro tip: If you’re in a rush, try off-peak hours or check if your store lets you tally up your cart before the register. Even the 'worst' Costco is still a win for your wallet! #Business #LocalBusiness #CostcoHacks

Kathryn Olsen

The Social Security Move That Can Make or Break Retirement

Here’s a money lifehack for your coffee break: when you start Social Security can change your retirement income by hundreds of dollars a month—forever. If you grab those checks at 62, you get less every month for life. But if you wait until 70, your monthly payout could be nearly double! Middle-class folks often rush to claim early to avoid dipping into savings, but that means missing out on bigger, inflation-proof income later. Think of Social Security as your future-proof paycheck, not just a quick cash grab. #Business #MakeMoney #retirementplanning

Vanessa Brown

Fusion Energy: The Next Big Power Move?

Ever wish your electricity bill could shrink while the planet gets a break? General Fusion is going public with a wild new way to make clean energy—think less Iron Man lasers, more mechanical pistons. Their tech could mean cheaper, cleaner power for everyone, and it’s already attracting big money. If this works, your next gadget might run on fusion, not fossil fuels. Now that’s a power-up! #Business #EntrepreneurshipStartup #FusionEnergy

Kim Brown

Costco’s New Checkout Hack: In and Out Fast!

Ever wish you could breeze through Costco without the checkout slog? Good news: Costco is rolling out tech upgrades inspired by rivals to make shopping way quicker. Now, you can scan your membership at the door, use a digital wallet, and pre-scan smaller baskets. That means less time in line and more time enjoying those $1.50 hot dogs. Plus, with more locations (hello, Canada and Mexico!), expect even easier access to your bulk favorites. Shopping just got a serious glow-up! #Business #LocalBusiness #CostcoHacks

Nicholas Coleman

Akron’s own Judith Resnik: A legacy that still inspires

Judith Resnik grew up right here in Akron, dazzling teachers with her brilliance and breaking barriers as one of NASA’s first female astronauts. Her journey from a quiet, chess-playing kid on Dartmouth Avenue to the stars was fueled by curiosity, hard work, and a love of learning. Even decades after the Challenger tragedy, her story resonates—reminding us how one person’s drive can lift an entire community. How do you think Resnik’s legacy shapes Akron today? What lessons from her life can we pass on to the next generation? #Business #Industry #AkronPride

James Cook

Retiring With a Big IRA? Here’s the RMD Hack

So, you’re about to retire with a $2.6 million IRA—way above average! But now you’re sweating those required withdrawals (RMDs) and the tax hit. Here’s the scoop: you can dodge some of that tax drama by moving chunks of your IRA into a Roth account over a few years, not all at once. That way, you spread out the tax pain and keep your options open for future spending, travel, or even charity. Think of it as giving your future self more ways to enjoy your money! #Business #MakeMoney #RetirementHacks

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