Good evening!

Maybe there’s hope for a revival of the classic American mall experience?

Here are the 7 things you missed today:

1. 💰 California’s Wildfires May Be The Most Expensive Fire Event in History

Wildfires are still raging in the Los Angeles area and nearly 180k people have been ordered to evacuate their homes so far, but economists are already estimating that the blazes could end up as the most expensive fire event in history at a cost between $52-57 billion. (Quartz)

2. 💪 Crush 2025 with the Right Marketing Agency

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3. 💸 Kevin O’Leary & Frank McCourt Want to Buy TikTok

Everyone’s putting a bid in for the soon-to-be-banned TikTok app, but ByteDance isn’t selling. The most recent is from a group called The People’s Bid, formed by billionaire entrepreneur and former Los Angeles Dodgers owner Frank McCourt as well as “Shark Tank” investor Kevin O’Leary. The value of the offer remains undisclosed. (CNN)

5. 🚢 A Major American Port Strike Has Been Avoided

A potentially crippling strike across America’s East and Gulf Coasts has been avoided… for now. The United States Maritime Alliance (USMX) and the International Longshoremen’s Association (ILA) jointly announced that they agreed on a six year deal that still needs to be ratified by the union’s membership. (CNN)

6. 🛍️ JCPenney is Merging With Other Once-Bankrupt Mall Brands

123-year-old department store chain JCPenney is launching a new joint venture with Sparc Group, which owns Lucky Brand, Eddie Bauer, Forever 21, Brooks Brothers, and Aeropostale. The merger will form a new company called Catalyst Brands and will hold significant sway over the future of US shopping malls. (CNN)

7. 🛬 Southwest Airlines’ CFO is Retiring

Southwest Airlines announced today its Executive Vice President and Chief Financial Officer Tammy Romo will retire from the role effective April 1, after over three decades with the Dallas-based airline. The carrier is beginning a search for Romo’s replacement, and Chief Administrative Officer Linda Rutherford is also retiring from her role on April 1 after a similar tenure. (CNBC)

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