Business, Technology, and Cryptocurrency News Update
January 25, 2025
Business
High Street Retail Closures:
This weekend, five major UK retail chains are closing stores permanently, reflecting ongoing challenges in the retail sector. The closures include Nike Factory Store in Edinburgh, WHSmith in Cambridgeshire, New Look in Wickford, FatFace in Sheffield, and The Entertainer in Luton.
Factors contributing to these shutdowns encompass rising operational costs, shifts in consumer shopping habits, and expiring leases. The Centre for Retail Research reports that approximately 13,479 stores closed last year, with an estimated 17,350 expected to close this year due to increased national insurance contributions and rises in the national minimum wage.
Source: The Sun
Technology
Marilyn Manson Legal Developments:
Marilyn Manson, born Brian Warner, has faced numerous allegations of sexual assault and abuse throughout his career. In January 2025, Los Angeles prosecutors concluded a four-year investigation, announcing that Manson would not face charges due to the statute of limitations and insufficient evidence to prove allegations beyond a reasonable doubt.
Manson's attorney expressed satisfaction with the decision, while accusers criticized the justice system's failure to act against him.
Source: Vulture
Cryptocurrency
Auction Houses Reengage Crypto Investors:
Major auction houses, including Christie's and Sotheby's, are renewing efforts to attract cryptocurrency investors as digital assets experience a resurgence. Despite previous market volatility, the recent surge in Bitcoin and Ether has prompted these institutions to accept crypto payments for select items, aiming to revitalize the art market and appeal to a younger, tech-savvy demographic.
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Motivational Ice Breakers by Jim Rohn
"Work harder on yourself than you do on your job. If you grow, everything else grows with you." - Jim Rohn
Biggest Lesson: "Success is a few disciplines practiced daily. Habits define your future."
Stay Motivated: "Remember, the seasons always change. Winter never lasts forever—spring is just around the corner. Stay consistent, and results will follow."
Reflection Question: "Who am I becoming? Success is about more than achieving goals; it’s about who you grow into along the way."
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