Daniel
116 posts

Daniel
@dsegan
🇺🇸 ex-NYC, current Ohioan, Learned to code








🇺🇸 HOOTERS FACES BANKRUPTCY—TOUGH TIMES FOR WINGS & SHORT SHORTS Hooters of America is prepping for a bankruptcy filing as it struggles with declining foot traffic and mounting debt—turns out, nostalgia and tight t-shirts aren’t enough to keep the lights on. The chain has hired Ropes & Gray and turnaround firm Accordion Partners to help clean up the mess, while some creditors brought in Houlihan Lokey, a major investment bank known for handling corporate restructurings and bankruptcies. Back in 2021, Hooters raised $300 million in asset-backed bonds, using things like franchise fees and restaurant assets as collateral. With shrinking sales and multiple store closures, those assets aren’t looking too hot. Is this the end of an era, or can Hooters pull off the ultimate comeback? Source: Bloomberg


Again, UBI is here, it's just unevenly distributed. Right now, you can live handsomely if you live in a blue state and are willing to commit light fraud.





Murders up 300% in NYC subway system, robberies surge: NYPD data trib.al/IPkvayu

AOC says you can't earn a billion dollars. But Paul Graham, who spent 20 years predicting which founders become billionaires, has the evidence to prove her wrong. garryslist.org/posts/yes-you-…















