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The Scottie Scheffler Arrest Just Keeps Getting Messier
Fans were shocked to learn that Scottie Scheffler was arrested on May 17, 2024, just hours after finishing up the first round of the PGA Championship. According to the world's top-ranked golfer, it was all a misunderstanding.
Kate Middleton Isn’t Returning to Duties Before ‘Green Light’ From Doctors Despite Foundation Work
Kate Middleton Isn’t Returning to Duties Before ‘Green Light’ From Doctors Despite Foundation Work
Putin claims he isn't seeking to gain control over city of Kharkiv
CGTN Europe spoke to Pavel Felgenhauer, Russian political and defense analyst.
'Butcher of Tehran': Who was Iranian President Ebrahim Raisi?
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Trump's Truth Social Shares Are Now Worth Over $5 Billion
Two anonymous office buildings have provided Donald Trump with massive windfalls in the past. Forbes money in politics reporter Kyle Mullins joins Brittany Lewis on "Forbes Newsroom" to discuss why the former president shouldn’t count on them for cash now.
READ MORE: https://www.forbes.com/sites/kylemullins/2024/05/10/why-trumps-most-valuable-towers-would-be-so-hard-to-sell/?sh=fa67336c3d4e
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Red Lobster Says Locations Will Stay Open After Filing For Bankruptcy
Red Lobster Says , Locations Will Stay Open , After Filing For Bankruptcy.
On May 19, Red Lobster confirmed in
a statement that the company has filed for
voluntary Chapter 11 bankruptcy in Florida. .
NBC reports that the largest seafood chain in
the United States said that filing for Chapter 11 will , "drive operational improvements, simplify the business
through a reduction in locations, and pursue a sale
of substantially all of its assets as a going concern.".
In a so-called stalking horse arrangement, Red Lobster
will sell the entire business to a new entity that is
completely owned and controlled by lenders. .
According to the company, lenders have
provided $100 million in financial commitments
to fund the chain's ongoing operations.
According to the company, lenders have
provided $100 million in financial commitments
to fund the chain's ongoing operations.
NBC reports that the company's bankruptcy
petition lists Red Lobster's assets at a value
between $1 billion and $10 billion.
The chain stressed that despite closing around
99 locations across the U.S., remaining locations
will remain open during the bankruptcy process.
The company added that it has been , "working with vendors to ensure
that operations are unaffected.".
This restructuring is the best path
forward for Red Lobster. It allows
us to address several financial and
operational challenges and emerge
stronger and re-focused on our growth, Jonathan Tibus, Red Lobster CEO, via NBC.
The 56-year-old chain was founded back in 1968.
By 2019, Red Lobster had expanded to include
nearly 700 locations across the country.
NBC reports that the company has struggled
under a growing debt load after failing to regain
a foothold following the COVID-19 pandemic.
7 Pinoy, napabilang sa Forbes Asia's "30 under 30" list ngayong 2024 | 24 Oras
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Wicked | Trailer 1
At university, the awkward Elphaba befriends the popular Galinda and practices sorcery in the hopes of meeting her idol, the Wonderful Wizard of Oz.
Hinduism in Singapore | Of Beliefs & Faiths
In this pilot episode, we take a deep dive into Hinduism. Our host Edward speaks with the chief priest of Sri Sivan Temple to understand more about the colourful and vibrant Hindu faith, and experiences Maha Sivarathri, The Great Night of Shiva for the first time.
Why Rory McIlroy and Erica Stoll's Marriage Hit the 'Breaking Point': Source
Why Rory McIlroy and Erica Stoll's Marriage Hit the 'Breaking Point': Source
Emotional Farewell Marks Series Finale of CBS' Young Sheldon
Get ready for tears with the official 'Emotional Farewell' clip from the series finale of CBS' beloved comedy, Young Sheldon, created by the brilliant duo Chuck Lorre and Steven Molaro. Join the stellar cast, including Iain Armitage, Zoe Perry, Montana Jordan, and Reagan Revord, as they bring these unforgettable moments to life. Watch Young Sheldon streaming now on Paramount+!
Young Sheldon Cast:
Iain Armitage, Zoe Perry, Lance Barber, Montana Jordan, Reagan Revord, Jim Parsons, Annie Potts, Craig T. Nelson, Matt Hobby, Emily Osment, Craig T. Nelson, Melissa Peterman, Wyatt McClure, Wendie Malick, Wallace Shawn, Sarah Baker, Dan Byrd and Ed Begley Jr.
Stream Young Sheldon now on Paramount+!