<div class=US toy retail giant Toys R Us files for bankruptcy in US, Canada
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US toy retail giant Toys R Us files for bankruptcy in US, Canada

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Thursday, September 21, 2017

On Monday night, New Jersey, US-based toy retail giant Toys R Us filed for bankruptcy in the US as well as in Canada. The retailer filed it from Richmond, Virginia for Chapter 11 bankruptcy code in the US, and a judge allowed a loan of over US$2 billion.

According to the filing, the retail chain owns US$6.6 billion in assets, but has a debt of US$7.9 billion. They were under a roughly US$5 billion debt since the company underwent a three-way acquisition in 2005. Kohlberg Kravis Roberts, Bain Capital, and Vornado Realty Trust acquired Toys R Us for around US$7 to US$7.5 billion. After the US judge approved a loan, Toys R Us received about US$3 billion from the lenders to continue the business and survive a competitive market, and restructure their business model. E-commerce giant Amazon.com, Walmart and Target are some of the competitors for the conventional ‘brick and mortar’ toy shop, with lower priced-merchandise and fast, cheap delivery. In a conference call in June, CEO Dave Brandon said “very, very aggressive pricing online” was causing problems. He also said the company was experiencing “significant weakness in demand for their products globally”. Toys R Us are to clear a debt of US$400 million by May 2018.

Toys R Us said they would continue to operate for the holiday season. Bankruptcy lawyer Jeff Gleit said Toys R Us “need to do both a financial restructuring as well as an operational restructuring” and “needs to modernize with the times”. Last holiday season, Toys R Us made sales around US$4.5 billion. Overall, the company reported a US$29 million loss in 2016. CEO Brandon said, “Our objective is to work with our debt holders and other creditors to restructure the US$5 billion of long-term debt on our balance sheet, which will provide us with greater financial flexibility to invest in our business”.

Toys R Us employs more than 60 thousand people in 38 countries around the world in more than 1600 stores. The company’s stocks fell by six percent after filing for Chapter 11 protection. US bankruptcy code Chapter 11 allows the company to restructure under a plan approved by the court. The company would also be shielded from creditors’ claims during the process. For the stores located in Canada, Toys R Us filed bankruptcy in Ontario and are to undergo reorganisation. However, 259 stores located outside the US or Canada will not undergo reorganisation, the company said.

Over 300 US-based retailers have filed for bankruptcy this year, and hundreds of stores closed.

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Better Sensual Activity Through Olfactory Enhancements}

Better Sensual Activity Through Olfactory Enhancements}

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Submitted by: J Dugan

Men in search of tips for better sensual activity are willing to go to all sorts of outrageous lengths for one simple reason: Better sensual activity is just that good! But its entirely possible that many men are overlooking an option right under their noses quite literally. Yes, considering the use of olfactory enhancements in the sensual experience (especially combined with attention to excellent good male organ care) can often lead to even better sensual activity.

Olfactory enhancements

Olfactory enhancements is a fancy way of saying Dont neglect the power of the sense of smell to add spice to the sensual experience. Most people already know the power of other senses in sensual play. The sense of touch is quite obvious, whether its fingers brushing the member or the feel of the manhood enveloped by the female organ. Taste comes very much into play with kissing, and the sound of mood music is often an exciting enticement. And any man who has ever perked up at the mere sight of a beautiful woman passing by knows how important the visual element can be.

But the sense of smell doesnt tend to get as much play as it deserves. Sure, a man will splash on some aftershave or a woman will carefully apply some perfume, to good effect. But smell more often is remembered when it carries a negative connotation, such as a person with body odor or bad breath.

[youtube]http://www.youtube.com/watch?v=0_I0DBUA_GI[/youtube]

But the fact is that paying attention to using scents and aromas can positively enhance a couples bedroom play.

Tips

So what should a man do if he wants to use olfactory enhancements in his coupling? A few hints are:

1.Consider the other person. Every person is different with different preferences and what may be pleasant or alluring to one man might be off-putting to his partner (and vice versa). A guy may like the smell of roses, but if his partner has a flower allergy, filling the bedroom with roses may be a bad idea. Or one person may find a particular cologne enticing while another wrinkles her nose up at it. Take the time to find out what scents work for ones partner and dont be afraid to simply ask them.

2.Research. Many sites offer suggestions about aromas that are supposed to intensify the intimate experience. For example, vanilla, cinnamon and jasmine are frequently cited as aromas that can help get the sensual motors running. Strike off the list those items that you already know dont appeal to you and/or to your partner. Then figure out the ones that you most want to try out with your mate.

3.Start slow. A few spritzes of a special mixture of scents is a better place to start than pouring half a bottle onto the bedsheets. Scents can linger and be hard to get rid of, so starting out too strong can lead you down an unprofitable road.

4.Expand. When you find something that works, find different ways to disseminate the scent. Vanilla, for example, can be used through baked goods, dabbed behind the ears, scented in sheets or released through burning a candle.

Olfactory enhancements are just one of the tips for better sensual activity, but its up to the man to keep his male organ healthy so he can better enjoy that sensual activity. Regular application of a top drawer male organ health crme (health professionals recommend Man1 Man Oil, which is clinically proven mild and safe for skin) is an excellent way to maintain that health. Since the olfactory angle is being explored, be sure the crme includes vitamin A, which has powerful antibacterial properties that fight nasty male organ odor. Any crme worth its salt will also include L-arginine, an amino acid. It plays a crucial role in the process by which manhood blood vessels dilate and become receptive to increased blood flow.

About the Author: Visit

menshealthfirst.com

for more information about treating common male organ health problems, including soreness, redness and loss of male organ sensation. John Dugan is a professional writer who specializes in men’s health issues and is an ongoing contributing writer to numerous online web sites.

Source:

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<div class=India’s flag lands on Moon
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India’s flag lands on Moon

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Saturday, November 15, 2008

At 8:34 pm Indian time Friday night (1504 UTC), India became the fourth country to land its flag on the Moon.

The unmanned lunar orbiter Chandrayaan-1 ejected its Moon Impact Probe (MIP), which hurtled across the surface of the Moon at 1.5 kilometres per second (3000 miles per hour), and successfully crash landed near the Moon’s south pole.Besides carrying three important scientific instruments, the lunar probe also carried the image of the Indian national flag, painted on all sides.

Chandrayaan-1 (meaning ‘Moon craft’ in Sanskrit) reached its target lunar orbit on Wednesday. The orbiter will remain in a circular orbit 102 kilometres above the Moon’s surface for two years. Its instruments will be gradually commissioned over the next few days.

With this landing, India became both the fourth country to place a flag on the Moon and the fifth group to send a spacecraft to the Moon. The other countries which have sent spacecraft to the Moon are the United States, the former Soviet Union, Japan, and China, along with the European Space Agency (ESA), a consortium of 17 countries. Japan and China currently each have scientific satellites orbiting the Moon, though China has not yet put a spacecraft on the moon’s surface.

The MIP has a mass of 29 kg, is about the size of a microwave oven, and was designed and assembled in India.After the orbiter ejected it, the probe took about 25 minutes to reach the Moon’s surface. On-board digital cameras made a high resolution movie of the surface during descent, and scientists also conducted measurements with the probe’s mass spectrometer and radar altimeter.Data was beamed back to India via the orbiter, and it is currently being processed and analysed.

Data from the altimeter experiments will be used to refine the instrument in order to control the soft landing of a future probe. Plans are already being prepared for the Chandrayaan-2 to be launched by 2012.

India’s first lunar mission was launched from the Satish Dhawan Space Centre on the Andhra Pradesh coast on October 22.The launch vehicle was an Indian designed and built rocket that had been previously proven by carrying scientific and commercial payloads to earth orbit, including weather and communications satellites.The cost of this mission is estimated at 340 crore (3.4 billion) rupees (US$78 million). The mission carries five scientific instruments built by India’s technology sector, and six developed cooperatively with foreign nations.

Goals for the orbiter include making a detailed map of the Moon’s chemical make-up and mineral resources, as well as a three-dimensional digital map of the entire surface. The mission will examine the surface for sources of water, and take comparison photos of the light side and dark sides of the surface.

Retrieved from “https://en.wikinews.org/w/index.php?title=India%27s_flag_lands_on_Moon&oldid=4230753”
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<div class=Toyota recalls up to 1.8 million automobiles
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Toyota recalls up to 1.8 million automobiles

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Saturday, January 30, 2010

The automobile manufacturer Toyota has said that it will recall up to 1.8 million cars across Europe, after a problem with the accelerator pedal was discovered.

According to the firm, eight models were affected by the problem — AYGO, iQ, Yaris, Auris, Corolla, Verso, Avensis, and RAV4 — after it was discovered that the accelerator may become stuck in a depressed position, resulting in uncontrollable speeding.

On Thursday, Toyota said it would recall 1.1 million cars in the US; a day previous, it had suspended eight models from sales. Last week, 2.3 million cars in the US were recalled due to the pedal issues.

The chief executive of Toyota Motor Europe commented on the recall. “We understand that the current situation is creating concerns and we deeply regret it,” said Tadashi Arashima. The firm, however, noted that it wasn’t aware of any accidents resulted by the malfunctioning accelerator pedals, and not many pedal problem incidents were reported in Europe. “The potential accelerator pedal issue only occurs in very rare circumstances,” Arashima added.

The National Automobile Dealers Association, meanwhile, commented that Toyota showrooms could lose as much as US$2.47 billion worth of revenue due to the incident.

“Toyota veterans will likely hear the news with disbelief and keep faith in the brand, but new customers could definitely be scared off,” remarked Robert Rademacher, who is the president of the trade group ZDK, as quoted by Business Week. “This recall has a dimension which we’ve never seen before.”

There are concerns that the problem may result in reduced consumer trust in Toyota. Hans-Peter Wodniok, an analyst for Fairesearch GmbH & Co. in Germany, noted: “If this is a one-time event, huge as it is, Toyota may be forgiven. But if something happens again in the next months and years, they will have gambled away customer trust in Europe as well.”

Analysts for Morgan Stanley, however, said they believed Toyota would not suffer much from the incident. “The company’s actions to correct the situation are timely enough to avoid major brand damage,” they remarked in a note to investors.

Retrieved from “https://en.wikinews.org/w/index.php?title=Toyota_recalls_up_to_1.8_million_automobiles&oldid=952809”
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<div class=Transport for London wins first Anti-Social Behaviour Order against graffiti vandal
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Transport for London wins first Anti-Social Behaviour Order against graffiti vandal

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Tuesday, September 25, 2007

Billy Murrell, a persistent graffiti vandal from South East London, has become the first recipient of an Anti-Social Behaviour Order (Asbo) granted to Transport for London (TfL) by Greenwich Magistrates. The civil order also bans him from the top deck of buses throughout England and Wales for three years.

Murrell, a 17-year-old from Plumstead, has a history of convictions for criminal damage on public transport, including vandalising a Tube carriage in Brixton station and for damaging buses and other public property using marker pens.

This is Transport for London’s first Anti-Social Behaviour Order against a graffiti vandal — TfL was granted the power to apply for Asbos by the Home Secretary in September 2006.

The Anti-Social Behaviour Order was issued at Greenwich Magistrates Court on 12 September and also bans him from carrying any permanent marker pens or any glass cutting equipment on London Underground, railway property or any other transport provider’s property.

Metropolitan and Transport police have been made aware of Murrell’s Asbo, and have distributed his photo.

In detail, Murrell is prohibited from:

  • Entering any depot, siding or other part of London Underground property or railway property or any transport providers property which is not expressly open to the public whether on payment or otherwise throughout England and Wales
  • Carrying the following articles, in any area specified (above) or in any public place, namely any form of unset paint in any form of container, any form of permanent marker pen, any form of shoe dye or permanent ink in any form of container, any form of paint stripper in any form of container, any form of grinding stone, glass cutting equipment, glass etching solution or paste, throughout England and Wales
  • Aiding, abetting, counselling or encourage any person who was attempting or committing any form of unlawful damage towards any property not belonging to or under the direct authorised control of the defendant throughout England and Wales
  • Travelling on the top deck of the any public transport bus within England and Wales

If without reasonable excuse the defendant does anything which he is prohibited from doing by this order, he shall be liable to a detention and training order, which has a maximum term of 24 months – 12 months of which is custodial and 12 months in the community

Upon turning 18 he will be liable to imprisonment up to five years.

Retrieved from “https://en.wikinews.org/w/index.php?title=Transport_for_London_wins_first_Anti-Social_Behaviour_Order_against_graffiti_vandal&oldid=2584802”
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Free Scholarships Means Free Money So Moms Can Return To College}

Free Scholarships Means Free Money So Moms Can Return To College}

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Free Scholarships Means Free Money So Moms Can Return To College

by

[youtube]http://www.youtube.com/watch?v=MEivUpbwnv0[/youtube]

Lindsy Emery

The stimulus package has done some good things for people in our country. But what I am so excited about is the scholarship for moms package that was included. For years I had dreamed of a college education. Because of hard work and a helpful family, I was able to attain that dream. However, I realize that I was one of the few lucky ones and I know that millions of other moms have not had that opportunity. Now that has changed. With the almost $9,000.00 per year provided to mothers who want to earn a higher education degree, they too, can go to college.

The greatest thing about this scholarship money is that it is free. You never have to make a loan payment when you are done with college. The government knows that if you have a college degree, you will earn more money and thus, you will be paying it back by providing well for your family. It is simple to get started, but you need to take that first step.1. Go online and fill out a scholarship grant application at FAFSA.org. This is the site for Free Application for Federal Student Aid.2. Find out how much money you will receive.3. Check around for a college or university that offers your course of study.4. Look at online colleges and universities as well.5. Enroll in the school and visit with the financial office there.6. Find out if you can apply for other grants and scholarships.7. Begin your classes.There are several advantages to checking out the online schools. First of all, you will not have to worry about daycare if you have younger children. Also, there will not be any traveling expenses. Another great bonus is the ability to study at home at your convenience. This means that you may continue to work if you find you need to.Once you pay for your tuition and books, the remainder of the money may be used for your other daily living expenses. The government only wants you to be able to have that education so that you can provide for your family in a better way.What are you waiting for? Begin your path towards a new future now!

**Update**

Did you know you can get a $10,000 scholarship for Moms just for registering? Apply right now for free: Scholarships for Moms

Article Source:

Free Scholarships Means Free Money So Moms Can Return To College}

<div class=U.S. ISPs to test restricting heavy Internet users
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U.S. ISPs to test restricting heavy Internet users

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Thursday, June 5, 2008

On June 3rd, 2008, two United States Internet service providers (ISPs) announced they would begin tests to slow web access for their most active customers and charge them for extra speed. Comcast and Time Warner Cable, two of the largest ISPs in North America, both made separate announcements of their plans. The actions come in the wake of an investigation by the Federal Communications Commission (FCC), over whether Comcast had restricted some customers from sharing videos, music, and similar files. The FCC investigation led to a US Congress debate over whether and how much control ISPs should have over the flow of customer data.

Public interest groups complained in November 2007 to the FCC that Comcast had specifically targeted customers using applications that made use of the BitTorrent system, a popular form of file sharing. Free Press, an advocacy group that pushes for better oversight of cable operators such as Comcast, stated that Comcast practices were discriminatory towards users of the legal technology. “The cable companies see a hammer hovering above their heads and are scrambling to find ways to reduce the appearance of wrongdoing,” said Ben Scott, head of the group.

According to Roger Entner, a senior vice president from Nielsen IAG, as little as 5 percent of all Internet users may consume as much as 50 percent of all the bandwidth on the Internet. “This is the politically correct version of doing what Comcast had been doing before, though it takes the occasional [peer-to-peer] user off the hook,” Entner said. Sena Fitzmaurice, a Comcast spokesperson, said, “This says we won’t be looking at what type of traffic that there is, even though we still need to manage the network.”

Comcast’s tests are expected to begin in Chambersburg, Pennsylvania and Warrenton, Virginia.

While Comcast will attempt to throttle the speed of all its high-volume users, Time Warner Cable intends to use a different method. They will meter and bill clients, charging more money for faster speeds and larger amounts of transmitted data, functioning more like a traditional public utility, such as an electric company or cell phone service. Their metered billing test will begin on June 5 in Beaumont, Texas for newly enrolled customers. “Instead of raising prices across the board, consumers who are excessive users would pay,” said Alex Dudley, a Time Warner Cable spokesman. “It is clearly the fairest way to fund the investment that is going to be required to support that use.”

An Associated Press report that Time Warner Cable will bill customers between $29.95 to $54.90USD per month has been confirmed by the cable operator, with clients charged an extra $1 for each gigabyte (GB) by which they exceed their purchased plan. Art Brodsky, communications director of Public Knowledge, a consumer advocacy group in Washington D.C., has expressed concerns about the Time Warner Cable plan. Time Warner Cable’s most expensive offering, $54.90, comes with 15 megabits-per-second of data transfer speed and a 40 gigabyte limit on total data transfer.

“An HD (high-definition) movie is 8GB or so, three movies is more than half your allowance for a month, and heaven knows what else you might want to watch,” Brodsky says. “This is not a relieving congestion scheme as much as it is a rationing scheme. All it does is protect an inadequate infrastructure from the cable company.”

Retrieved from “https://en.wikinews.org/w/index.php?title=U.S._ISPs_to_test_restricting_heavy_Internet_users&oldid=751619”
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<div class=Wikinews Shorts: June 13, 2007
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Wikinews Shorts: June 13, 2007

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A compilation of brief news reports for Wednesday, June 13, 2007.

Former Philippines first lady Imelda Marcos has been acquitted, due to lack of evidence, of tax evasion charges that date back to the 1980s.

The complaint said Marcos failed to pay 33.734 million Philippine pesos for earning 192.08 million pesos in 1985 and 5.736 million pesos for the Marcos estate in 1989. Without accounting for inflation, the amount tax officials said was owed totals around US$845,000. The case was filed in 1991.

“I thank the Lord that justice for the Marcoses has prevailed,” Marcos was quoted as saying outside the courthouse in Quezon City. “You can be sure that this will be followed by justice for the Filipino people.’’

Sources

  • “QC court acquits Imelda in 5 tax evasion cases filed in ’91” — GMA Network, June 13, 2007
  • Associated Press. “Manila court clears Imelda Marcos” — CNN, June 13, 2007

Thailand’s embattled former prime minister Thaksin Shinawatra had his assets in Thailand ordered frozen on Monday, but today banking officials are having trouble locating some of it.

The Assets Examination Committee ordered 52.8 billion baht (about US$1.5 billion) in 21 accounts seized, but only 43 billion baht has been found.

According to the Bank of Thailand, more than 8 billion baht was withdrawn between June 4 and Monday, with about 5.6 billion baht withdrawn in the name of Thaksin’s brother-in-law, Bhanapot Damapong.

Related

  • “Wikinews Shorts: June 12, 2007#Thai junta says Thaksin can come home” — Wikinews, June 12, 2007
  • “Ex-Thai PM Thaksin’s assets are frozen” — Wikinews, June 11, 2007

Sources

  • “Central bank follows the money” — Bangkok Post, June 13, 2007
  • “Bt8 bn more goes missing” — The Nation (Thailand), June 13, 2007

This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.
This page is archived, and is no longer publicly editable.

Articles presented on Wikinews reflect the specific time at which they were written and published, and do not attempt to encompass events or knowledge which occur or become known after their publication.

Got a correction? Add the template {{editprotected}} to the talk page along with your corrections, and it will be brought to the attention of the administrators.

Please note that due to our archival policy, we will not alter or update the content of articles that are archived, but will only accept requests to make grammatical and formatting corrections.

Note that some listed sources or external links may no longer be available online due to age.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_Shorts:_June_13,_2007&oldid=724925”
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<div class=Suspected US drone strikes kill twelve in western Pakistan
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Suspected US drone strikes kill twelve in western Pakistan

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Thursday, December 17, 2009

Pakistani intelligence officials said earlier today that two suspected US drone attacks in Taliban-dominated tribal areas of the country have killed at least a dozen people, although some reports put the number as high as seventeen.

The first attack targeted a vehicle carrying two suspected militants in the town of Dosali, in the North Waziristan tribal area near the Afghan border.

Hours later elsewhere in North Waziristan, officials reported that several drones fired seven missiles into suspected militant compounds. They added that the death toll could rise. However, it was not immediately clear how many Taliban members were killed in the strikes.

“Seven missiles were fired. They hit a cave complex, a compound and a vehicle,” said a Pakistani official, as quoted by the Reuters news agency.

Retrieved from “https://en.wikinews.org/w/index.php?title=Suspected_US_drone_strikes_kill_twelve_in_western_Pakistan&oldid=4357471”
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Learn About Your Favorite Popular Urban Designers

Learn About Your Favorite Popular Urban Designers

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By Daniel Millions

While Hip Hop continues to grow into the mainstream through music, DVD, television and the online medium , comes an increase in urban fashion designer clothing. Brands such as Sean Jean, Phat Farm and Rocawear are worn by large sectors of the world’s population. No longer isolated in just inner cities of America, urban Hip Hop fashion has gone worldwide. One of the main factors that has played a role in the rise and popularity in urban clothing is the music aspects of Hip Hop are included with it.

Much of the clothing is either owned by the Hip Hop artist or the artist themselves are involved in a partnership where they profit for promoting and marketing the brand. Many such agreements have come and gone in the wind. You can’t assume that a popular music artist will have the same impact in the clothing field. Even some of the biggest names have tried and failed at bridging the gap of urban clothing and Hip Hop music. Below is a list of some top urban fashion designer clothing companies, with some background and company information

1. Avirex: This popular clothing line has been around since 1975 and features designs based on the field of aviation. Shirts, Jackets, jeans, shorts are all available for men, women and children. All of this can be found in stores around the globe. Avirex now controls the Hip Hop clothing ECKO under the name of Marc Ecko Enterprises. This provides for a unique mixture of Hip Hop and aviation distributed through the Cockpit brand.

[youtube]http://www.youtube.com/watch?v=BgtmDJ2zkDk[/youtube]

2. FUBU: 1992 was the start of FUBU, which stands for For Us By Us. Much of FUBU’s merchandise is embroidered and they offer clothing, shoes and also accessories. The FUBU Home Collection is bedroom decor in the classic FUBU Urban style. Sheets, pillow cases and blankets are al in included in the set. FUBU also has a relationship with Def Jam records.

3. Kenneth Cole: Mens, womens, shoes and accessories are Kenneth Cole’s primary products. This twenty six year old brand has established itself in the fashion industry and also amongst charitable organizations through Kenneth Cole Productions, Inc With retail stores around the globe net revenue has reached well over $125 million.

4. Vokal: Three time Grammy Award winner Nelley and his cousin Yomi Martin who is Co-Founder/CEO operate Vokal, which was started in 1997. What started off as a 300 dollar plan to make 600 dollars has now reached the twenty million dollar mark in revenue.

5. Rapper 50 Cent and Mark Ecko teamed up in 1993 to form the G-Unit Clothing Company. However in February of 2008 the relationship between the two ended. Denim, sportswear, kids, women and men’s styles included, all in the urban AG-Unit style are made.

6. Shady ltd.: The partner ship between Rockawear and Eminem’s Shady ltd to produce fleece, outdoor wear and even the non- traditional woven has formed. This brand offers a mixture of urban style with a suburban touch.

7. Apple Bottoms: In addition to Vokal, Multi platinum selling artist Nelley also has his hand in Apple Bottoms. This clothing giant took the unorthodox approach with its business model by designing clothing for women with various shapes, outside of what’s considers average. Intimates, sunglasses, handbags and of course jeans are all produced. Sales for Apple Bottoms have reached fifty million dollars in just a few years.

About the Author: You can now purchase name brand

designer clothing

including

mens designer clothing

at discount prices.

Source:

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