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The chief financial Officer (CFO) of Bed Bath & Beyond, Gustavo Arnal, fell from the “Jenga Tower” in New York City, in the United States of America (U.S.A.), on Friday, September 2, 2022. It is believed to have been a suicide.

“Jenga Tower”

The “Jenga Building” or “Jenga Tower” is known to be a place where celebrities, fund managers, etc., live. Some of the celebrities who have been or had been resident there are musicians Frank Ocean and actor Keegan-Michael Key.

It is located at 56 Leonard Street in lower Manhattan overlooking New York’s Tribeca. It has apartments that are $2.7 million and up, and in 2013 the penthouse went into contract for $47 million.

CFO Gustavo Arnal

Gustavo Arnal was the chief financial Officer (CFO) of Bed Bath & Beyond, which means he was responsible for the finances of the company.

Some of the duties of a CFO are:

• Tracking cash flow
• Financial planning
• Analyzing financial data
• Identifying the company’s weaknesses and strengths
• Proposing strategies
• Reconciling income and expenses

It has been reported that Gustavo worked at Procter and Gamble, Walgreens, and Avon, before being hired at Bed Bath and Beyond in 2020.

He was a husband and father of two (2) adult girls.

It was also reported that Gustavo was facing a $1.2 billion “pump and dump” lawsuit that involves other defendants like JP Morgan Securities and chewy.com founder and GameStop chairman - Ryan Cohen.

“Pump and dumping” is inflating stock or securities prices by using false information and other tactics and then selling them for a profit. It is an illegal activity.

Bed Bath and Beyond

Bed Bath and Beyond (BBBY) is a retailer that sells merchandise in the areas of beauty care, baby products, wellness, and home décor.

The Bed Bath and Beyond company operates over nine hundred (>900) stores in The United States of America (U.S.A.), Puerto Rico, and Canada.

BBBY also manages Decorist, an online interior design service that allows individuals to personalize their homes.

Bed Bath and Beyond (BBBY) wasn’t doing well financially since the 2020 covid-19 pandemic.

Since billionaire investor Ryan Cohen decided to sell his shares in Bed Bath and Beyond (BBBY), BBBY’s shares have tumbled significantly. It has been reported that the company will close over one hundred (100) stores and lay off about twenty percent (~ 20%) of its workforce.

So far, the Bed Bath and Beyond (BBBY) stock has fallen from USD$27.23 on Tuesday, March 29, 2022, to USD$8.63 on Friday, September 2, 2022, on the National Association of Securities Dealers Automatic Quotation System (Nasdaq) stock exchange.

Handling Stress

Stress can be defined as how you react when you feel pressured. It may be mild, as well as it may be chronic.

You may handle it well or do terribly in dealing with it.

Like some individuals, you may use constructive ways of dealing with stress, such as seeing a therapist and talking to a friend, or like others, you may choose destructive practices, such as drinking and taking narcotics.

Nevertheless, here are four (4) beneficial ways you can deal with your stress:

1.

Exercise

Yes, exercise can do wonders for your stress and overall health.

Tony Robbins has always spoken about changing your state for a better outcome, and exercising will help you to do that.

For exercise, you can:

* Do simple stretches

* Go on trails by yourself, with friend(s), or in a group like Sistaz 4 PAN

* Walk your dog

* Jog

* Swim

* Follow and stay fit with Paula and Antonietta

Etc.

2.

Food

Yes, you must eat to keep up your nutrition, not just to help overcome your stress, but for overall health.

Just ensure you do not overeat and that you are eating food that is beneficial to you, like:

* Vegetables, especially organic veggies such as from The Greenhouse Eatery

* Fruits

* Lean and organic meat such as from Alpenblick Farm

* Vegan food such as from Ki’s Kitchen

* Other whole foods like grains, nuts, and fish.

3.

Sleep

Ensure you are getting sufficient sleep so you can rest and recuperate.

One of the side-effects of having stress is not being able to fall asleep or not sleeping enough, which could be a condition called insomnia.

In situations like this where you can’t sleep, you may do various things like exercise, get enough sunlight, and other methods, as well as see your doctor.

4.

Relaxing

Yes, relaxing is essential as it helps to release stress and make your body less tense.

You may learn to relax in various ways, such as doing yoga and practising meditation.

Handling financial problems

With the current economic recession and some of us devastated by the 2008 financial crisis, now heading into another period of monetary assets and instruments reducing significantly in value, managing and overcoming these challenges will require focus and work.

The focus will be on the steps to take and work is implementing the plan.

The four (4) steps you can take to overcome economic problems and become financially independent and free, according to the article ‘Artemis I Mission Rocket Launch and How to Handle Financial Crisis and Economic Recession’ are:

1.

Knowing where you’re at

This is where you evaluate your situation to know what you have and what you will need.

You may use free financial tools to help you.

2.

Knowing where you want to go

After knowing where you are, you now must decide where you want to go.

In this step, you determine where you want to be in one (1) month, six (6) months, one (1) year, five (5) years, etc.

3.

Figuring out how to get to where you want to go

This is the stage where you decide how to get to where you want to be.

4.

Then do it

That’s right, just do it.

Carrying out steps 1, 2, 3, and then doing what you have decided is how you achieve whatever it is you want.

You may read articles like ‘Artemis I Mission Rocket Launch and How to Handle Financial Crisis and Economic Recession,' and books like ‘Don't Just Survive The Crisis, Become Healthy And Wealthy Too …’,for more details and guidance on surviving financial crisis and economic recession.

To discover more about health, money, lawn care, and gardening, you may follow Leroy A. Brown by clicking HERE.