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Bed bath and beyond files for bankruptcy and will begin closing down all of its stores.

Plus following banking turmoil and market volatility, investors bet on a rebound.

This past first quarter was one of the busiest on record for purchases from individuals.

And it seems to signal people are feeling okay about the markets

and it seems like we're seeing the exact same trend from corporate insiders themselves.

And as the United States and others evacuate diplomats from Sudan,

civilians are left with few options to flee escalating violence.

It's Monday, April 24th. I'm Luke Vargas with the Wall Street Journal

and here is the AM edition of What's News, the top headlines and business stories moving your world today.

Home goods retailer Bed Bath and Beyond has filed for chapter 11 bankruptcy protection

and expects to eventually close all of its 480 stores.

The company had warned of a potential bankruptcy for months.

After years of losses and failed turnaround plans, left it short for cash.

However, Wall Street Journal retail reporter Suzanne Capner says that bankruptcy

gives the company breathing room to conduct going out of business sales and to court a potential buyer.

Bed Bath and Beyond said that it's going to be looking for a buyer while it's in bankruptcy.

So there is a chance that somebody could swoop in at the last minute and buy one or all of its assets.

They could buy just the IP, meaning they own the brand name and they may be relaunch it.

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