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Bad Boy Furniture aiming to restructure business as it faces ‘challenging’ economy

Published Fri, 07 Feb 2025 15:14:59 GMT

TORONTO — Bad Boy Furniture Warehouse Ltd. is aiming to restructure its business through a filing made under the Bankruptcy and Insolvency Act. The Greater Toronto Area furniture company says in Ontario court filings that the move has become necessary because Bad Boy is operating in a “challenging” economic environment.The company says high interest rates, falling home sales and a tight retail climate are impacting its business.The conditions have left Bad Boy owing many of its vendors, including most of its appliance and furniture suppliers. It is also facing significant challenges sourcing more inventory, which is impacting its retail business.As a result of its challenges, Bad Boy says it is considering a liquidation sale to wind down inefficient portions of its business.The Pickering, Ont.-headquartered retailer, which started in 1990, is owned by Lastman Furniture Inc. and has 12 stores across Ontario.This report by The Canadian Press was first published Nov. 13, 20...

Chicago firefighter dies after battling fire at restaurant in Lincoln Park

Published Fri, 07 Feb 2025 15:14:59 GMT

CHICAGO — A Chicago firefighter has died after battling a fire at a restaurant in the city's Lincoln Park neighborhood.Fire officials confirmed the death Monday morning, saying "on behalf of the Fire Commisioner, it is my sad duty to report the passing of our member injured this morning at 2430 Lincoln."The fire started around 6 a.m. Monday at Lincoln Station Bar and Grill in the 2400 block of Lincoln Avenue. According to officials, a Mayday call was made while crews were responding to the fire and one firefighter was trapped and had to be rescued. The crew member was transported to Illinois Masonic Hospital in critical condition, where they later died.The cause of the fire is unknown at this time.The firefighter's death is the fourth line-of-duty death the department has dealt with this year. Lt. Kevin Ward died following a Northwest Side fire in August. In the same week in April, CFD lost Jermaine Pelt, 49, and Jan Tchoryk, 55, in separate fires.This is a developing story. Check b...

Secret Service agents protecting Biden's granddaughter open fire when 3 people try to break into SUV

Published Fri, 07 Feb 2025 15:14:59 GMT

WASHINGTON (AP) — Secret Service agents protecting President Joe Biden’s granddaughter opened fire after three people tried to break into an unmarked Secret Service vehicle in the nation’s capital, a law enforcement official told The Associated Press.The agents, assigned to protect Naomi Biden, were out with her in the Georgetown neighborhood late Sunday night when they saw the three people breaking a window of the parked and unoccupied SUV, the official said. The official could not discuss details of the investigation publicly and spoke to the AP on Monday on the condition of anonymity.A secret service agent, July 20, 2022, in New York. Secret Service agents protecting President Joe Biden's granddaughter have opened fire after three people tried to break into an unmarked Secret Service vehicle in Washington. That's according to a law enforcement official who spoke to The Associated Press on Monday. It happened Sunday night in the Georgetown neighborhood of Washington...

Dean's A-List Interviews: Comedian, Chicago native John Mulaney reminisces watching Bozo Show

Published Fri, 07 Feb 2025 15:14:59 GMT

CHICAGO -- WGN Entertainment reporter Dean Richards sits down with Chicago native, comedian John Mulaney on some of his fondest memories growing up in Chicago -- including watching the Bozo Show.Love the WGN Morning News? We love you, too. And you can have all the hijinks delivered to your inbox every weekday morning. Sign up and subscribe to our WGN Morning News newsletter.

Police: Person dead after jumping from vehicle on 183A in Cedar Park

Published Fri, 07 Feb 2025 15:14:59 GMT

CEDAR PARK, Texas (KXAN) – Police are investigating after they said a person jumped from a moving vehicle on Highway 183A and died Monday morning. Cedar Park Police shared they got a call at about 6:30 a.m. from a rideshare driver, who told them a passenger had just leapt from their vehicle while traveling northbound on the toll road. This happened in the 5900 block of 183A, which is close to the Scottsdale exit. The northbound lanes remain closed as of 9:30 a.m. Monday because of the ongoing investigation. Police said the road may reopen to traffic in one to two hours. Police initially said on social media the lanes were shut down near Whitestone Blvd. through Crystal Falls Parkway around 6:53 a.m. "for a traffic incident."This is a developing story. Stay with KXAN for more details.

Gas war in Denver area slashes prices below $2 a gallon, national average drops

Published Fri, 07 Feb 2025 15:14:59 GMT

Gas prices have been slowly coming down over the past months in Colorado and across the country, but one stretch of road is seeing prices nearly half the state average.When a new QuikTrip station opened on Arapahoe Road in Greenwood Village, a gas price war broke out among the stations on the street.Over the weekend, the price war drove gas under $2 a gallon, and as of Monday morning, the new station was selling regular gas for $1.71 a gallon, almost half Colorado’s statewide average of $3.25, according to reports from GasBuddy.Prices at other gas stations on the street hovered around $2.30 at 7:30 a.m., still more than a dollar below the average.In Denver, average gas prices have dropped 44.8 cents over the past month, putting the city average at $3.11, according to GasBuddy survey data. In the last week, prices have dropped 16.3 cents.For Colorado as a whole, prices are down 11.3 cents from last week and 41.7 cents from last month, according to GasBuddy.Nationally, prices ar...

10 Freeway closed: Los Angeles Mayor says 'damage will not be fixed in an instant'

Published Fri, 07 Feb 2025 15:14:59 GMT

Los Angeles Mayor Karen Bass and other local officials held a news conference Monday morning to update Angelenos on the closure of the 10 Freeway through downtown Los Angeles.“To the 300,000 people who would normally drive on this stretch of the 10 and to those who live, work or have appointments or schools in the area, as we made clear yesterday, this was a huge fire and the damage will not be fixed in an instant,” Bass said during her 6 a.m. address."Engineers have worked all night and are working right now to determine our path forward," Bass continued. "I have made it clear with our local, state and federal partners that any unnecessary bureaucracy or delays are not happening here."How long the freeway would be shut down remains unclear after the massive pallet yard fire over the weekend that prompted Gov. Gavin Newsom to declare a state of emergency to help facilitate cleanup and repairs. No cars are seen on the 10 Freeway through downtown Los Angeles on Nov. 13, 2023. (KTLA)Th...

Schools in Tustin remain closed Monday amid active flare-ups, cleanup process 

Published Fri, 07 Feb 2025 15:14:59 GMT

A flare-up continues to burn at the historic Tustin hangar Monday morning, as fire crews monitor the flames and disaster relief professionals continue to clean up potentially toxic debris. The City of Tustin took to X, formerly Twitter, to confirm that the western wall of the 17-story building reignited Sunday night. Orange County Fire Authority personnel remained on scene keeping watch of the blaze on Monday morning, with one firefighter telling KTLA 5’s Annie Rose Ramos that all they can do is let it burn out.  Photos: Iconic Tustin blimp hangar destroyed in fire Schools and daycare centers in the area, which were closed on Thursday due to the potentially toxic air and on Friday for Veterans Day, remain closed on Monday, officials said. Residents are being advised to remain in their homes if possible. Nearly 100 hazmat removal personnel began debris removal on Valencia Avenue on Sunday morning, and the street remains closed as more potentially dangerous materials...

Tragedy At Sea: Celebrated Fisherman Travis Meyer Loses His Livelihood

Published Fri, 07 Feb 2025 15:14:59 GMT

Ask any restaurateur along the coast from here to San Francisco who Travis Meyer is, and they’ll likely tell you he’s the halibut whisperer. He supplies restaurants from Isla and Crudo e Nudo in Santa Monica to Loquita in Santa Barbara, Industrial Eats in Buellton, Mattei’s Tavern in Los Olivos, Full of Life Flatbread in Los Alamos and several in Paso Robles.  His halibut, sea bass, and bluefin tuna are the stuff of legend in an increasingly competitive world of commercial fishing.   “Travis has connected us directly to the pristine marine life that surrounds the Channel Islands,” Jason Paluska, executive chef of  The Lark in Santa Barbara tells L.A. Weekly. “For a chef, that’s a dream come true. When we first met, he delivered a beautiful California halibut that was dispatched using the ike jime method. It was hands down the freshest and cleanest bite of raw fish that I had ever tasted.” That all changed about a week ago on a midnight run to Hollister Ranch, when Meyer ...

Jill On Money: Will 6% real estate commissions become extinct?

Published Fri, 07 Feb 2025 15:14:59 GMT

Years ago, as disruption was forcing many in the financial services industry to come to terms with declining mutual fund and trading fees, one stockbroker said to me, “I’m going into real estate, because the 6 percent commission is sacred!”Related ArticlesBusiness | The busiest days to fly during the winter holidays Business | New IRS income tax brackets and higher standard deduction. What you need to know Business | Watch for these 3 Medigap shopping surprises to avoid overpaying Business | Medical debt is disappearing from Americans’ credit reports, lifting scores Business | Does a 401(k) employer match tempt you to cash out? I thought about his comment recently, after a federal jury in the U.S. District Court for the Western District of Missouri found that the National Association of Realtors (NAR) and some big real estate brokerage companies conspired to artificially inflate commissions on home sales...