Hostess Brands Inc. is preparing to file for Chapter 11 bankruptcy protection as soon as this week, said people familiar with the matter, a move that would mark the second significant court restructuring for the Twinkies and Wonder Bread baker in the past several years.
The privately held Irving, Texas, company, which employs roughly 19,000 people and carries more than $860 million in debt, has been facing a cash squeeze amid high labor costs and rising prices for sugar, flour and other ingredients, according to people familiar with the matter. Those costs together have proved higher than the company's roughly $2.5 billion in annual sales, creating losses and cash shortfalls, the people said.
Boston Dynamics: Atlas 2.0
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Via: Daily Mail: Boston Dynamics has unveiled a new version of its Atlas
humanoid robot, showing its creepy movements that make it look like
something out ...
Two Cheers for the Proposed End Kidney Deaths Act
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Giving kidney donors a $50,000 tax credit isn't as good as full
legalization of organ markets would be. But it would still be a major step
in the right dir...
Kicksta Review 2024: Is It Safe & Legit, or a Scam?
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Kicksta (aka Kickstagram) is the type of Instagram growth company you want
to check out if you’re serious about becoming an influencer online, but you
want...
The Cringy Symbolism in Jojo Siwa’s “Karma”
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In "Karma," Jojo Siwa debuts a new alter-ego that is supposedly cool and
edgy. It is not. In actuality, it is a terrible attempt at exposing her
young fa...
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Should you keep ammo in a gun safe?
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When it comes to gun safety, one of the most important aspects is the safe
storage of ammunition. There are many different ways to store ammunition,
and ...
The Hemp Industry / Staying Positive
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Air Date: Tue, 28 Apr 2020
Doug Fine discussed the many amazing properties of hemp. Followed by Eldon
Taylor on staying positive in the COVID-19 era.
Highly Facetious Comics #6
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Joinmycult.org The post Highly Facetious Comics #6 appeared first on
disinformation.
[This is a short summary; please click the story headline to read th...
DOJ Stumbles at Hearing on Detaining Immigrants
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Criticizing an attorney for the government for arguing issues he never
raised in briefing, the First Circuit seemed likely at a hearing Wednesday
to u...
Mom Has Stacked Dinner Party Roster
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GOLDEN, CO—Their eyes widening in amazement as the 43-year-old rattled off
the names of heavy hitter after heavy hitter, impressed members of the
Dreesh...
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