True Value, a 75-year old hardware store brand, has filed for bankruptcy and is selling its operations to rival company Do it Best for $153 million during the Chapter 11 process. Despite the financial struggles, True Value’s 4,500 independently operated locations will remain open, as they are not part of the bankruptcy proceedings. Do it Best CEO Dan Starr expressed confidence in the acquisition, stating it would provide the strongest opportunities for growth for True Value and independent hardware stores.
Full Article
Texas man executed decades after murdering a young mother
Could Luigi Mangione face the death penalty?Panelists Jonna Spilbor and Jay Town discuss Luigi Mangione's indictment for the murder of United Healthcare CEO Brian Thompson and the potential imposition of the death penalty during ‘America Reports.’ Separately, Moises Sandoval Mendoza, convicted of murdering Rachelle O’Neil Tolleson in 2004, was executed by lethal injection in Texas after appeals for clemency failed. Mendoza's history included prior assaults, and despite claims of personal transformation while incarcerated, he was...
Read more