How private equity played a role in Red Lobster and TGI Fridays bankruptcies
In 2024, 21 restaurant and bar chains filed for bankruptcy. Ten of those had been backed by private equity, according to PitchBook.
Deputy State Department spokesperson Vedant Patel briefed reporters as the FBI confirmed it is investigating a classified document leak related to Israel’s plans to respond to Iran’s missile attack. Patel also commented on Israel’s ongoing conflict in Lebanon against the Hezbollah militant group.
India’s education landscape in 2024 showed mixed progress, with marginal improvements in school attendance, but uneven digital literacy among students. There were notable disparities in attendance and smartphone access across states. The decline in underage enrolment is likely to positively impact long-term learning outcomes.
The acting U.S. attorney for New York’s Southern District, Danielle Sassoon, has resigned days after her office was instructed by the Justice Department to drop corruption charges against New York City Mayor Eric Adams. Criminal law professor and former NYPD detective Kirk Burkhalter joined CBS News to discuss the situation.
President Trump said he would give Hamas until noon Saturday to release all Israeli hostages.
Signs luring customers to pop-up auctions with the possibility of getting fancy cars and fine jewelry at bargain prices have been showing up across the U.S., but the goods aren’t always what they seem. Dorothy Tucker reports.
The Delhi chief electoral officer announced Rs 21 crore worth of cash and items, including liquor, have been seized within a week of the Model Code of Conduct being enforced for the upcoming assembly polls. East Delhi saw the highest seizures. Preparations for the February 5 elections are progressing smoothly with training programs and security…