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Hooters Bankruptcy Amid Declining Patronage and Financial Strain

Hooters of America is reportedly preparing to file for bankruptcy within the next two months due to declining foot traffic and financial strain. The company is collaborating with law firm Ropes & Gray and turnaround consultants Accordion Partners to restructure its operations and address its debt burden. Several creditors have also sought advice from investment bank Houlihan Lokey. While no final decision has been made, a Chapter 11 filing could occur soon.

Citigroup Walks Back DEI Efforts

Citigroup has walked back its diversity, equity, and inclusion (DEI) policies, becoming the latest financial entity to do so.

Microsoft Uses ‘New State of Matter’ for Quantum Computing Chip

Microsoft announced that it is using a "new state of matter" for its quantum chip called Majorana 1.

Argentina’s President Faces Impeachment Calls Amid Cryptocurrency Scandal

Milei is confronting impeachment demands following his promotion of the cryptocurrency $LIBRA, which experienced a rapid surge and subsequent collapse, leading to significant investor losses.

Trump Admin Weighs Response to Egg Prices

U.S. Department of Agriculture Secretary Brooke Rollins told Breitbart that President Donald Trump and his administration are planning a strategy to combat soaring egg prices.

Disney ‘Snow White’ Remake Slammed Online

The Walt Disney Company’s live-action remake of Snow White is off to a rough start, with the latest sneak peek receiving overwhelming negative feedback. The video has racked up 84,000 “dislikes” on YouTube in just two days, far outpacing the number of likes.

Taiwan Suggests Investment in U.S.

Taiwan will invest more in the United States following President Donald Trump's pledge to impose tariffs on countries, President Lai Ching-te suggested.

Soros’ Open Society Foundations Deny Receiving USAID Funds

The Open Society Foundations, established by billionaire philanthropist George Soros, have refuted claims that they received funding from the U.S. Agency for International Development (USAID) or influenced its financial decisions.

BMW Flexible EV Strategy Proves Advantageous

BMW’s conservative approach to electric vehicle (EV) adoption—investing in platforms that accommodate internal-combustion, hybrid, and electric powertrains—is paying off as the company navigates the complex transition to electrification.

Realtor.com Relocates Headquarters from California to Texas

Realtor.com, a leading online real estate services provider and subsidiary of News Corp, has announced the relocation of its corporate headquarters from Santa Clara, California, to Austin, Texas.

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