Ollie’s Bargain Outlet Winning Bidder in Bankruptcy Auction to Acquire Eleven Former 99 Cents Only Stores | Ollie's Bargain Outlet Holdings Inc.: The Company and debtor entered into an asset purchase agreement to acquire eleven former 99 Cents Only Stores locations for $14.6 million in cash.
Lucid to trim U.S. workforce by 6% as EV demand softens: Lucid Group will reduce its workforce in the United States by 6%, or around 400 employees, it said on Friday, becoming the latest electric vehicle maker to cut jobs as the industry grapples with slower growth.
Diamond Sports' reorg confirmation hearing postponed to late July - ESPN: Diamond, which provides regional broadcasts throughout the country under the name Bally Sports, pushed its confirmation hearing back by about six weeks, from June 18 to July 29 and 30, according to a notice filed on Thursday
Fisker Cuts Deeper With Summer Layoffs: The embattled EV startup Fisker kicked off another round of layoffs on Wednesday, according to four sources with knowledge of the issue.
FreshDirect seeks rescue financing and eyes potential bankruptcy sale:
Garfield and Furiosa Box Office: Worst Memorial Day in 30 Years: The bad news doesn't end there: overall revenue for the four-day holiday also hits a 29-year low and is down a steep 36 percent from last year.
