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Hudson’s Bay Battles Lender Over Ruby Liu Lease Deal in Ontario Court

Hudson’s Bay Co. is pushing back against a motion filed by its senior lender, Restore Capital LLC, which seeks to terminate a controversial lease sale to billionaire Ruby Liu. The retailer has asked the Ontario Superior Court to dismiss the motion, arguing that the deal represents its best chance to recover funds for creditors amid its ongoing liquidation. The dispute centers on Hudson’s Bay’s plan to sell up to 28 store leases—25 of which remain pending court and landlord approval—to Liu’s company, Central Walk. While three leases have already been approved for $6 million, Restore claims the remaining transaction is draining resources, citing over $18 million in rent and professional fees with no clear path to completion. Hudson’s Bay CFO Michael Culhane defended the deal, stating that Restore was fully aware of the risks and had previously supported the transaction. He emphasized that Liu has already made a $9.4 million deposit and that the sale could generate significant recoveries ...

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The Pandemic's Hidden Weight: How COVID-19 Fueled a Global Rise in Obesity


During the COVID-19 pandemic, much of the world's attention was focused on infection rates, vaccination drives, and hospital capacities. But in the background, another health crisis was quietly growing—obesity.

A recent study has revealed that global obesity rates surged following the onset of the pandemic. The reasons are multifaceted: lockdowns and stay-at-home orders drastically reduced physical activity, while stress and anxiety drove many toward comfort eating and sedentary lifestyles. With gyms closed and routines disrupted, healthy habits fell by the wayside for many people.

Children and adolescents were especially affected, as virtual schooling limited opportunities for movement and social interaction. Low-income communities experienced sharper rises due to limited access to nutritious foods and safe outdoor spaces.

Experts warn that these trends could have long-term consequences, including higher rates of diabetes, heart disease, and other chronic illnesses. Public health officials are now exploring interventions to address this growing concern, emphasizing the need for renewed focus on active living and accessible nutrition.

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