Tupperware, the iconic kitchenware brand, is warning of potential bankruptcy as it struggles to stay afloat amid the pandemic. The company is exploring potential layoffs, as well as reviewing its real estate portfolio for potential money-saving efforts. Shares of the direct marketing company plunged 50% after the securities filing, and Tupperware is now in a race against time to secure additional financing and avoid bankruptcy.
Posts tagged as “Orlando”
U.S. Marshals and the Lake County Sheriff's Office have arrested 16-year-old Tahj Brewton in connection with the shooting deaths of three teenagers in Central Florida. Brewton was taken into custody on Saturday in Groveland, Florida and was wanted on outstanding warrants for carjacking with a firearm, aggravated assault, grand theft of a motor vehicle, fleeing or attempt to elude a law enforcement officer, and tampering with an electronic monitoring device. The Marion County Sheriff's Office had offered a reward of up to $10,000 for information leading to Brewton's capture.
Early Sunday morning in Orlando, Florida, a domestic violence incident resulted in the death of three people, including a young child. The suspect came out of the house and fired shots at the officers, who returned fire, resulting in the suspect's death. Two officers were unharmed, but the three victims were fatally shot. The Orlando Police Department is currently investigating the incident.
Marion County Sheriff Billy Woods announced that the shooting deaths of two 16-year-old girls and a 17-year-old boy may be linked to a “hybrid” or “wannabe gang” in Florida. The bodies of the victims were found in Ocklawaha, about 60 miles northwest of Orlando, and authorities are investigating the incident as a possible gang-related crime. Sheriff Woods is urging anyone with information to come forward and is committed to finding justice for the victims and their families.
A newly appointed board in Florida has discovered that their predecessors passed a restrictive covenant granting Disney "prior review and comment" over any changes made to properties in the district. This agreement was signed just weeks before the new board was appointed, stripping them of many of their powers. The board is now working to find ways to challenge the covenant and gain back the power that was taken away from them.
A threatening letter containing a white powder, postmarked from Orlando, Florida, was sent to the Manhattan District Attorney's office, with a note reading "I AM GOING TO KILL YOU!!!!!!!!!!!!!". This comes as former President Donald Trump is under investigation and has recently attacked the prosecutor, Alvin Bragg. Evidence against Trump has been presented to a grand jury, which will decide whether to indict him, and the case is being closely watched by the public.
House Speaker Kevin McCarthy (R-Calif.) has urged Americans to remain peaceful and respectful of the legal process in response to former President Donald Trump's potential indictment in a hush-money investigation in New York. He dismissed the investigation as politically motivated and said that President Trump does not believe he should be indicted. McCarthy's comments were a stark contrast to Trump's call to action, and instead urged Americans to not protest the potential indictment.
South Carolina Republicans Nikki Haley and Tim Scott addressed a Christian conservative forum in the early voting state, as former President Donald Trump and Florida Governor Ron DeSantis both vie for the Republican nomination for the 2024 election. The forum was an opportunity for presidential hopefuls to make their case to a crucial voting bloc, but the Republican party is aware that a fight between Trump and DeSantis could divide their 222-member conference and distract them from their goal. It remains to be seen how the party will handle the battle and its effect on their chances in the 2024 election.