Categories
Selected Articles

Meghan Trainor finally admits to using weight-loss drug after dramatic transformation

The “All About That Bass” singer admitted that she used a weight loss drug to achieve a slimmer frame.
Categories
Selected Articles

4:29 4:29 Now playing, Trump’s ‘Bomb’ Threat: Iran Readies Missiles


Categories
News Review

Norway to send more gas to Europe in summer of 2025, Gassco says reut.rs/41UNdVZ

Categories
News Review

Heat win 5th straight, getting 55 from Herro and Adebayo to roll past Wizards 120-94 https://t.co/lo5GXXks52

Categories
News Review

BOJ’s top economist appointed as executive director overseeing policy reut.rs/4hOW4Nn

Categories
News Review

RFK Jr. “already vindicating his critics”: Wall Street Journal https://t.co/rp0sBB3TXU

Categories
Selected Articles

Want to Play a Game? Global Trade War Is the New Washington Pastime.

Two dozen trade experts gathered recently to simulate how a global trade war would play out. The results were surprisingly optimistic.
Categories
Selected Articles

The American consumer is on the ropes. Tariffs — and anxiety — could deliver the knockout blow

America’s economic engine is running a little rough these days.
Categories
News Review

After nine months in space, NASA astronaut Suni Williams is readjusting to life on Earth with dog walks and physical training, while also resuming work with Boeing reut.rs/3YcfXH8

Categories
Selected Articles

Hooters Files for Bankruptcy Protection

Hooters In Talks To Prepare A Bankruptcy Filing In Coming Months

BANGKOK — Hooters, the U.S.-based restaurant chain known for chicken wings and “Hooters Girls” skimpy wait-staff outfits, has filed for bankruptcy protection.

HOA Restaurant Group filed the motion for Chapter 11 protection Monday in the North Texas Bankruptcy Court in Dallas.

The company ran into financial woes as its debts mounted, but it says it intends to stay open and resolve its troubles within months. A group of the company’s original founders that own almost a third of Hooters’ U.S. locations, including about half of its biggest volume restaurants, plans to buy and operate more of the outlets, Hooters said in a news release.

[time-brightcove not-tgx=”true”]

“Our renowned Hooters restaurants are here to stay and we are taking action to strengthen our business to better serve our valued customers over the long term,” the company said in a notice on its website.

HOOTERS

Hooters, based in Atlanta, Georgia, was founded in Clearwater, Florida, in 1983. Trouble had been brewing for a while.

Hooters had sponsored the No. 9 NASCAR car driven by Chase Elliott since 2017, but last year, Hendrick Motorsports ended its ties to the longtime sponsor because it was not meeting its financial commitments.

Its business strategy has faced challenges over the years, including lawsuits over its hiring of only “Hooters Girls” to serve customers.

Last year it agreed to pay $250,000 and provide other relief to settle a race and color discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission against a Hooters outlet in Greensboro, North Carolina.

In 2022, the restaurant refuted claims it was shutting down and rebranding due to changing customer tastes.

In 2019, the Hooters hotel-casino off the Las Vegas Strip was sold to an Indian hotel company and rebranded as the OYO Hotel and Casino.

In 2017, the company tried opening a restaurant that didn’t feature wait-staff in tight tops, as a test of a different approach to its original concept.