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Chicago-based Dutch Farms bids ‘north of $20M’ to buy bankrupt Oberweis Dairy: Brian Boomsma, the owner of Chicago-based Dutch Farms, made the stalking horse bid ...
chicagotribune.com/2024/04/23/chicago-based-dutch-farms-makes-bid-to-buy-bankrupt-oberweis-dairy/
MAGA Blog Gateway Pundit Files Bankruptcy Amid Election Defamation Lawsuits: The far-right conspiracy website claimed it needs to “consolidate litigation” and ...
thedailybeast.com/maga-blog-gateway-pundit-files-bankruptcy-amid-election-defamation-lawsuits
Quick Glance: Gateway Pundit Files Bankruptcy Amid Election Fraud Defamation
- The Gateway Pundit, known for spreading falsehoods and conspiracy theories, has filed for bankruptcy and is facing multiple defamation lawsuits.
- The owners, Jim and Joe Hoft, are dealing with lawsuits from Georgia election workers and a former Dominion Voting Systems official.
- Jim Hoft stated that the bankruptcy is to consolidate lawsuits, although Chapter 11 bankruptcies are primarily meant to assist small businesses in restructuring.
- Despite delays, legal proceedings have significant impacts on sites like Infowars and The Gateway Pundit, as juries do not tolerate powerful individuals spreading lies and disrupting lives.
Red Lobster considers bankruptcy to deal with leases and labor costs: Seafood restaurant chain Red Lobster is mulling a Chapter 11 bankruptcy filing as it looks ...
chicagotribune.com/2024/04/17/red-lobster-considers-bankruptcy/
Quick Glance: Red Lobster Considers Bankruptcy
- The seafood chain Red Lobster is exploring a potential Chapter 11 filing to restructure its debts, based on insider insights.
- Legal guidance for Red Lobster is provided by King & Spalding. The restaurant chain is contemplating terminating long-term contracts and renegotiating a variety of leases.
- A sign reading “Open For Takeout & Free Delivery” is displayed outside a Red Lobster establishment in Secaucus, New Jersey, USA.
- Established in 1968 in Lakeland, Florida, Red Lobster started with a single restaurant. The introduction of their famous cheese-flavored biscuits occurred in 1992, and the chain now operates hundreds of locations in the US, Canada, and international franchises.
Developer of St. Paul’s Keg & Case food hall declares bankruptcy: Craig Cohen listed the West Seventh neighborhood project when filing for Chapter 7 bankruptcy ...
startribune.com/keg-case-st-paul-bankruptcy-foreclosure-craig-cohen-midwestone-bank-schmidt-brewery-rathskeller/600360763/
Giuliani loses bid to dismiss $148 million defamation judgment : Rudy Giuliani lost his bid on Monday to dismiss the $148 million verdict handed to him last year ...
thehill.com/regulation/court-battles/4595911-giuliani-loses-bid-to-dismiss-148-million-defamation-judgment/
Gateway Pundit files for bankruptcy: The far-right website Gateway Pundit is filing for Chapter 11 bankruptcy, the company’s founder said this week ...
thehill.com/homenews/media/4621268-gateway-pundit-files-chapter-11-bankruptcy/
Trump and the Risk of a US Debt Default | by William L. Silber - Project Syndicate
project-syndicate.org/commentary/trump-second-term-less-risk-averse-could-try-to-default-on-us-debt-by-william-l-silber-2024-04
Apparel retailer Express files for US bankruptcy protection, to close over 100 stores
reuters.com/business/retail-consumer/apparel-retailer-express-files-us-bankruptcy-protection-close-over-100-stores-2024-04-22/
Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations
usatoday.com/story/money/food/2024/04/22/tijuana-flats-bankruptcy-closing-locations/73409662007/
OpenAI bids for Japan business as it opens Tokyo office: Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as ...
reut.rs/3TXmsee
Co-working startup plans huge expansion of clubs in Atlanta, Nashville and other cities
ajc.com/news/business/switchyards-to-expand-co-working-clubs-in-atlanta-nashville-charlotte-and-other-cities/DDCXZWN5FZAF5EBIHPR6PT6EOQ/
Bankruptcy documents detail how GOP NC governor nominee Mark Robinson failed to file federal income taxes for 5 years
abcnews.go.com/US/bankruptcy-documents-detail-gop-nc-governor-nominee-mark/story
What’s the cheapest way to the edge of space? Ride a balloon: Spanish startup HALO Space hopes to begin commercial flights to near-space in 2026 ...
cnn.com/2024/04/16/travel/halo-space-near-space-balloon-trip/
Red Lobster may file for bankruptcy protection: report: Seafood restaurant chain Red Lobster may be headed for bankruptcy, according to a published report.
marketwatch.com/story/red-lobster-may-file-for-bankruptcy-protection-report-41f1b001
Fisker may seek bankruptcy protection in 30 days if unable to meet debt obligations
reuters.com/business/autos-transportation/fisker-may-seek-bankruptcy-protection-30-days-if-unable-meet-debt-obligations-2024-04-23/
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Meta's AI annoys, Microsoft and Amazon under scrutiny, banks go all-in: AI news roundup
qz.com/ai-news-meta-microsoft-amazon-nvidia-banks-sam-altman-1851436206
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
US to decide by late May if Boeing violated prosecution deal, sources say: U.S. Justice Department officials plan to decide as soon as late May whether Boeing ...
reuters.com/legal/litigation/us-decide-by-late-may-if-boeing-violated-prosecution-deal-sources-say-2024-04-24/
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
- Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.
- The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.
- Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.
- Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
Katie Price warned she faces arrest for missing bankruptcy hearings: Barristers for the trustees of one of Ms Price's bankruptcies said she should be ...
inews.co.uk/news/katie-price-warned-she-faces-arrest-for-missing-bankruptcy-hearings-3028741
'Buy Bitcoin' Sign Sold for Over $1M at Auction: Proceeds will go to fund the development of Bitcoin layer-2 lightning startup Tirrel Corp.
coindesk.com/business/2024/04/25/buy-bitcoin-sign-sold-for-over-1m-at-auction/
A Nvidia-backed startup just unveiled AI avatars that can express human emotions: Synthesia introduced its fourth-generation "Expressive Avatars ...
qz.com/synthesia-introduces-ai-avatars-human-expression-nvidia-1851434555
McKinsey faces US criminal probe over opioids work, sources say: McKinsey & Co is under criminal investigation in the United States over allegations that the ...
reuters.com/business/healthcare-pharmaceuticals/mckinsey-faces-us-criminal-probe-over-opioids-work-sources-say-2024-04-24/
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
Microsoft-backed Rubrik prices US IPO above range at $32/shr: Rubrik , the cybersecurity software startup that counts Microsoft among its investors ...
reuters.com/markets/deals/microsoft-backed-rubrik-prices-ipo-above-range-32-per-share-source-says-2024-04-24/
Bankrupt fast-food chain exits Chapter 11; to expand size 4 times: The Boston-based fast-food chain said it will exit bankruptcy this week with plans to expand ...
kentucky.com/news/business/article287996055.html
Nvidia acquires AI workload management startup Run:ai for $700M, sources say: Nvidia is acquiring Run:ai, a Tel Aviv-based company that makes it easier for ...
techcrunch.com/2024/04/24/nvidia-acquires-ai-workload-management-startup-runai/
Xaira, an AI drug discovery startup, launches with a massive $1B, says it’s ‘ready’ to start developing drugs
techcrunch.com/2024/04/24/xaira-an-ai-drug-discovery-startup-launches-with-a-massive-1b-says-its-ready-to-start-developing-drugs/
Florida Home Insurers With Lax Ratings Pose New Property Risk: A rash of failures of A-rated insurers points to a hidden weakness in the market, researchers say.
bloomberg.com/news/features/2024-04-24/home-insurance-with-lax-oversight-hides-florida-climate-risk
FTX Auction: Pantera Capital Buys Another Trove of Solana Tokens (SOL): Pantera Capital was among the winning bidders for another trove of discounted Solana ...
bloomberg.com/news/articles/2024-04-25/pantera-capital-buys-another-trove-of-solana-tokens-from-ftx-estate
Express filed for bankruptcy this week. These Iowa stores are closing.: Express filed for bankruptcy protection this week. Three locations in Iowa are slated to ...
desmoinesregister.com/story/money/business/retail/2024/04/26/express-bankruptcy-iowa-stores-closing/73455316007/
Fisker CEO: 4 automakers in talks to buy struggling startup: Fisker is in talks with four automakers for possible acquisition, CEO Henrik Fisker told employees ...
businessinsider.com/fisker-tells-staff-startup-in-talks-with-4-automakers-buyout-2024-4
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Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices: Two veteran security experts are launching a startup that aims to help other ...
techcrunch.com/2024/04/25/ex-nsa-ex-apple-researcher-doubleyou/
Trump Media Ropes In Congress to Pursue Claims of Illegal Shorts: Donald Trump’s social media startup publicized a letter to the heads of various US House of ...
bloomberg.com/news/articles/2024-04-24/trump-media-ropes-in-congress-to-pursue-claims-of-illegal-shorts
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Tattered Cover could have new owners by summer as bookstore files new bankruptcy reorganization plan
denverpost.com/2024/04/26/tattered-cover-files-updated-bankruptcy-plan/
Exclusive: VC firm Redesign Health looks to raise $250 million: Health startup investor and accelerator Redesign Health is targeting a fresh $250 million raise ...
businessinsider.com/exclusive-vc-firm-redesign-health-raise-250-million-2024-4
Another popular beer, brewery brand files Chapter 11 bankruptcy: It has been a dark period for breweries with countless brands going out of business.
kentucky.com/news/business/article287727930.html
Probe of PwC's Evergrande conduct casts shadow on Big Four auditors: HONG KONG -- Growing scrutiny of PwC's audit work on bankrupt developer China ...
asia.nikkei.com/Business/Markets/China-debt-crunch/Probe-of-PwC-s-Evergrande-conduct-casts-shadow-on-Big-Four-auditors
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Struggling EV startup Fisker says 4 companies are in talks to buy it: Nissan was reportedly in negotiations to give Fisker $400 million, but that apparently fell ...
qz.com/fisker-ev-startup-buyout-1851439590
The University of Saint Katherine announces sudden closure, filing for bankruptcy
sandiegouniontribune.com/news/education/story/2024-04-26/the-university-of-saint-katherine-ceases-operations
French startup FlexAI exits stealth with $30M to ease access to AI compute: With the current iteration of its product going through its paces with a handful of ...
techcrunch.com/2024/04/23/french-startup-flexai-exits-stealth-with-30m-to-ease-access-to-ai-compute/
Nationwide fast-food chain files surprise Chapter 11 bankruptcy: The nationwide chain faced deep competition that led to huge financial problems.
sacbee.com/news/business/article287854890.html
Rite Aid to close 16 more stores, including 4 in Pa.: Since October, the company has announced in bankruptcy filings the closings of more than 400 stores.
pennlive.com/business/2024/04/rite-aid-to-close-16-more-stores-including-4-in-pa.html
DeepL launches AI writing assistant for businesses trained on its own LLM: DeepL, which has been rivalling machine translation giants such as Google Translate ...
thenextweb.com/news/deepl-ai-writing-assistant-businesses
Trump Set for Another $1.3 Billion in Shares He Can’t Sell Yet: The blank-check deal that brought Donald Trump’s media startup public is set to give him another ...
bloomberg.com/news/articles/2024-04-23/trump-set-for-another-1-3-billion-in-shares-he-can-t-sell-yet
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Perplexity is raising $250M+ at a $2.5B-$3B valuation for its AI search platform, sources say
techcrunch.com/2024/04/23/perplexity-is-raising-250m-at-2-point-5-3b-valuation-ai-search-sources-say/
Chipotle's avocado-cutting robot, Coca-Cola's AI bet, Express' bankruptcy: Retail news roundup
qz.com/express-chipotle-amazon-coca-cola-lululemon-retail-news-1851436344
Restaurant chain files for bankruptcy, closes 11 locations: The chain was founded 30 years ago.
pennlive.com/business/2024/04/restaurant-chain-files-for-bankruptcy-closes-11-locations.html
Columbus retailer Express says 615 headquarter jobs at risk because of bankruptcy filing
dispatch.com/story/business/employment/2024/04/24/express-bankruptcy-filing-may-cost-615-corporate-workers-their-job/73437031007/
These Express stores in the Philadelphia region are closing : Closing sales began on Tuesday at stores in Philadelphia and South Jersey.
inquirer.com/business/retail/express-clothing-closing-locations-philadelphia-20240424.html
a16z Crypto recommends startup founders ‘never publicly sell tokens’ in US: Due to a lack of proper crypto regulations, many startups are avoiding issuing tokens ...
cointelegraph.com/news/a16z-crypto-recommends-startup-founders-never-publicly-sell-tokens-us
FTX to Auction Off More Solana Tokens This Week, Potential Bidders Say (SOL): The bankruptcy estate of the failed FTX cryptocurrency exchange plans to auction ...
bloomberg.com/news/articles/2024-04-23/ftx-to-auction-off-more-solana-this-week-potential-bidders-say
Clover Food Lab emerges from bankruptcy with growth plans: Boston’s vegetable-based fast food chain has pared back expenses but held onto most of its suppliers ...
bostonglobe.com/2024/04/24/business/clover-food-lab-bankruptcy/
Google-backed Glance pilots Android lockscreen platform in US: Glance, which operates a popular lockscreen platform targeting Android smartphones ...
techcrunch.com/2024/04/23/india-glance-pilots-android-lockscreen-platform-in-us/
Elizabeth Warren reelection: Republican Ian Cain enters Senate race: The first Black and openly gay City Council president in Quincy’s history ...
bostonglobe.com/2024/04/24/nation/quincy-ian-cain-us-senate-elizabeth-warren/
This biotech startup got the biggest venture capital deal in San Diego so far this year
sandiegouniontribune.com/business/story/2024-04-25/this-biotech-startup-got-the-biggest-venture-capital-deal-in-san-diego-so-far-this-year
NYSE mulls 24-hour trading — a move Steve Cohen may welcome: The NYSE has polled market participants about the merits of round-the-clock trading ...
businessinsider.com/new-york-stock-exchange-24-hour-trading-steve-cohen-startup-2024-4
AI Is Transforming Drug Matching for Cancer, Rare Diseases — Here's How: Pharmaceutical startup Transcripta Bio uses AI to match existing medications to new ...
entrepreneur.com/business-news/ai-is-transforming-drug-matching-for-cancer-rare-diseases/473196
Going-out-of-business sale begins at another national retail store at Northlake Mall
charlotteobserver.com/news/business/article287986540.html
Steward bankruptcy, management change possible, state officials say: A bankruptcy filing by Steward could allow the hospitals to continue running while Steward ...
bostonglobe.com/2024/04/24/business/steward-bankruptcy/
Salesforce has a new Germany boss: After long-time Germany boss Joachim Schreiner left in autumn 2023, Alexander Wallner is now taking over Salesforce's business ...
computerwoche.de/a/salesforce-hat-neuen-deutschland-chef,3698666
A Wave of AI Tools Is Set to Transform Work Meetings: An AI-powered wearable from startup Limitless promises to make meetings more productive ...
wired.com/story/taking-baby-steps-toward-the-ai-meeting-singularity/
Fashion retailer to close 16 California stores amid bankruptcy. Is yours on the list?
sacbee.com/news/california/article287993620.html
LATAM scraps plan to acquire Boeing B737s after talks end with bankrupt Gol: LATAM Airlines said on Wednesday that it was no longer seeking to acquire Boeing ...
reuters.com/business/aerospace-defense/latam-scraps-plan-acquire-boeing-b737s-after-talks-end-with-bankrupt-gol-2024-04-24/
Since Rite Aid filed for bankruptcy, these 56 Pa. stores are on the chopping block
pennlive.com/business/2024/04/since-it-filed-for-bankruptcy-rite-aid-has-announced-the-closing-of-these-56-pa-stores.html
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‘Overwhelming’ safety issues reported at North Texas nursing homes run by bankrupt company
star-telegram.com/news/local/fort-worth/article287948400.html
Why code-testing startup Nova AI uses open source LLMs more than OpenAI: Enterprises still don't trust OpenAI, while open source AI models are cheaper and ...
techcrunch.com/2024/04/24/why-code-testing-startup-nova-ai-uses-open-source-llms-more-than-openai/
Red Lobster Is Reportedly Heading For Bankruptcy After Losing Millions On Endless Shrimp
delish.com/food-news/a60524728/red-lobster-bankruptcy/
Where did the millions go? Pickleball Rocks CEO faces angry investors in bankruptcy call
indystar.com/story/news/investigations/2024/04/24/pickleball-investors-to-rodney-rocket-grubbs-where-did-the-money-go/73120570007/
Express will close more than 100 stores after filing for bankruptcy: The fashion retailer said it plans to conduct business as usual and without interruption
qz.com/express-chapter-11-bankruptcy-store-closures-1851426096
SoftBank-backed TabaPay is buying the assets of a16z-backed Synapse, after it filed for bankruptcy
techcrunch.com/2024/04/22/softbank-backed-tabapay-is-buying-the-assets-of-a16z-backed-synapse-after-it-filed-for-bankruptcy/
Pirch files for Chapter 7 bankruptcy: Luxury kitchen and bath appliance retailer is also facing multiple civil suits filed by customers ...
sandiegouniontribune.com/business/story/2024-04-22/pirch-files-for-chapter-7-bankruptcy
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Luxury appliance retailer files Chapter 7 bankruptcy to liquidate: The Vista, Calif., kitchen and bath retailer abruptly shut down its showrooms.
charlotteobserver.com/news/business/article287954495.html
China Approves US Listing for Self-Driving Firm in Easing Sign: China has greenlit a US listing by autonomous driving startup Pony.ai, raising the potential for ...
bloomberg.com/news/articles/2024-04-24/china-approves-us-listing-for-self-driving-firm-in-easing-sign
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Arlington could score 3 company headquarters this week: The city of Arlington has the opportunity to score three headquarters this week between E-Space Inc. ...
dallasnews.com/business/real-estate/2024/04/23/arlington-could-score-three-company-headquarters-this-week/
Sam Altman and others are investing $20 million in a startup tackling AI's energy problem
qz.com/sam-altman-exowatt-investment-ai-data-energy-1851425607
Apple acquires Paris-based AI company Datakalab to bolster its AI technology: Apple has reportedly acquired France-based AI startup Datakalab, specializing in AI ...
neowin.net/news/apple-acquires-paris-based-ai-company-datakalab-to-bolster-its-ai-technology/
Another popular beer, brewery brand files Chapter 11 bankruptcy
star-telegram.com/news/business/article287727930.html
See which Tijuana Flats in Tampa Bay have closed after bankruptcy filing: Other local locations will remain open.
tampabay.com/life-culture/food/food-news/2024/04/22/tampa-bay-tijuana-flats/
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