Europe has faced challenges in 2025, with political unrest, weak economic data, and concerns about growth potential. The European Central Bank has cut its growth forecast to 1.1%, while GDP is expected to expand by 0.8% in the euro area. Despite these issues, analysts are hopeful for some bright spots in the region’s outlook for the year.
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List of over 30 Hooters restaurants abruptly closed amid bankruptcy struggle
Hooters closed over 30 company-owned locations across the U.S. on June 4 as part of its ongoing bankruptcy process, a decision described as difficult by the company. The chain, which filed for Chapter 11 protection in March, plans to transition to a franchise business model to secure its future. Although Hooters did not release a comprehensive list of the closed sites, local reports identified several locations, particularly in Florida and Georgia, that have ceased operations....
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