It may be the end of the line for Tupperware

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It might be the end of the line for Tupperware, the brand once so ubiquitous in American homes it became the de facto name for any kitchen storage container.

Founded in 1946, the company’s sales have slipped in recent years as younger shoppers turned away. Tupperware is also accused of being lax in some of its business practices, neglecting to file its annual 2022 report which may result in the business being de-listed from the New York Stock Exchange. Shareholders have also sued the business for not disclosing "serious issues with internal controls'' in its 2020 report and making misstatements.

Tupperware said there is “substantial doubt”?about its future and it is working with financial advisors and looking at possibilities ranging from cash management to potential layoffs to regain its footing.

If you see a public phone charging station, you might want to keep walking

When your phone battery is running low, you can be desperate to find a spot where you can charge. But the FBI has warned that those free stations you find at airports and other public spaces might expose you to hackers.

When you connect to public USB ports, hackers can tap in and transmit malware to your device, locking it or exporting your passwords and other personal information.

To be safe, the Federal Communications Commission advises you to carry your own USB cable, use an AC power outlet, and make sure you have a portable charger or external battery. ?

Commercial real estate may take another hit

The Commercial real estate market may be in real trouble.

With soaring interest rates, higher maintenance costs and a sizable chunk of the workforce continuing to do their jobs from home, the sector was already struggling. Then Silicon Valley Bank went under in March, briefly sparking a panic about the fate of other regional financial institutions.

Now, experts say the outlook for commercial real estate - which includes office buildings, multi-family apartments, shopping centers and hotels - is only getting bleaker as over half of the $2.9 trillion in commercial mortgages are up for refinancing in the next couple of years.

Commercial property prices could drop as much as 40% “rivaling the decline during the 2008 financial crisis," wrote Morgan Stanley?Chief Investment?Officer?Lisa Shalett?in a?recent report.

“These kinds of challenges can hurt not only the real estate industry, but also entire business communities related to it,”?Shalett said.

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