Wolfspeed, a North Carolina semiconductor manufacturer for electric vehicles, has reached a bankruptcy agreement to reduce its $6.5 billion debt by over two-thirds, effectively wiping out existing shareholders. The company plans to formally file for bankruptcy soon and aims to emerge by the end of 2025, while navigating challenges from rising interest rates and changing government policies.
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Adam Treloar sidelined for at least six weeks as scans reveal another serious calf injury
Western Bulldogs midfielder Adam Treloar is expected to be sidelined for at least six weeks due to a serious calf injury sustained during a match against Richmond, marking another setback in a season where he has already missed significant play. Coach Luke Beveridge emphasized Treloar's importance to the team and hopes he can return before the finals, as the Bulldogs currently sit in eighth place. Need More Context? 🔎
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