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Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months
Crafting Trouble: Joann Declares Bankruptcy For Second Time In Less Than 12 Months Arts and crafts retailer Joann is declaring bankruptcy for the second time in less than a year, officials said. Joann filed for Chapter 11 bankruptcy in a Delaware court, the company said in a news release on Wednesday, Jan. 15. The chain known for sewing and other craft materials said the move will help facilitate a sale to maximize the business's value. Interim CEO Michael Prendergast said the bankruptcy declaration was necessary despite the chain's efforts to drastically improve its financial health. "Since becoming a private company in April [2024], the Board and management team h…

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by Chris Spiker
News
Alex Jones' InfoWars Up For Auction To Pay Sandy Hook Victims' Families: Report Alex Jones' InfoWars Up For Auction To Pay Sandy Hook Victims' Families: Report
Alex Jones' InfoWars Up For Auction To Pay Sandy Hook Victims' Families: Report The tools Alex Jones used to build his conspiracy theory and supplement-hawking empire could soon be yours, NPR reported.  A court-appointed trustee will soon begin to auction off pieces of Free Speech Systems, the parent company of InfoWars, to pay back the families of the 2012 Sandy Hook shooting victims, the report continued.  Jones owes them $1.5 billion in a defamation judgment after he claimed the massacre, which killed 26 people — 20 of them children – was a hoax.  The trustee will sell everything from chairs and production equipment to the InfoWars brand name, th…

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by Josh Lanier