Today, we have some major news about Bed Bath & Beyond. Recently, the company announced that it was going out of business, and it filed for bankruptcy a few weeks ago. Its 360 stores across the US and its website will continue to stay open, but they have now started the clearance of all of their store items. Its stocks also plunged by over 25% after the announcement that they were bankrupt, and the collapse of the retail giant has just begun. Over 14,000 employees are now expecting to face unemployment in the near future, so many are frantically searching for new jobs as Bed Bath & Beyond transitions into the beginning of the end.
On another note, over half of the US and all of Canada saw some dazzling Northern Lights on Sunday night, with the auroras stretching from Washington to Maine and appearing as far south as Oklahoma and Arkansas. The green-blue lights were caused by a solar storm, which is a massive burst of solar energy that hits Earth's magnetic field. Think of it like this: the solar storm is like a leaf, and Earth's magnetic field is a pond. When the "leaf" hits the "water" in the "pond," a ripple is created, which are the Northern Lights. However, those "leaves" are normally drawn toward the poles, which is why you normally see the auroras in the Arctic and Antarctic Circles (above 66.5ºN or below 66.5ºS).
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