Toys”R”Us Files for Bankruptcy – CNET

Retail chain Toys”R”Us has filed for bankruptcy in the United States and Canada. Per reports from several news outlets, the 60-year-old company has racked up nearly $5 billion in debt. There are currently 1,600 Toys”R”Us and Babies”R”Us retail locations worldwide, which are expected to operate as usual for now.

🕐 Top News in the Last Hour By Importance Score

#	Title	📊 i-Score
1	The North Pole could MOVE by nearly 90 feet by 2100 – causing havoc for satellite navigation, scientists warn	🔴 72 / 100
2	Drunk plane passenger urinates on fellow traveller during flight to Bangkok	🔴 72 / 100
3	Xavier Le Pichon, Who Modeled Movement of Earth’s Crust, Dies at 87	🔴 72 / 100
4	Framework raised prices and then un-raised them an hour later because of Trump	🔴 72 / 100
5	Jamie Dimon reveals what Trump must do NOW… as China trade war sparks economic Armageddon	🔴 72 / 100
6	What is 'SkinnyTok'? The weight-loss trend preaches tough love but comes with risks	🔴 65 / 100
7	They can't keep getting away with this: Star Citizen has now raised over $800 million after 13 years, and it's still in alpha	🔴 65 / 100
8	Shedeur Sanders labeled ‘fringe starter’ by NFL exec in damning draft take	🔴 65 / 100
9	Former Russian minister convicted in UK for violating British sanctions	🔴 65 / 100
10	McIlroy’s Augusta quest more about psychology as Scheffler lies in wait \| Ewan Murray	🔵 55 / 100

View More Top News ➡️