Chapter 11

Consumer

TGI Fridays Files for Chapter 11 Bankruptcy

Photo by Kirk Allen via CC BY 3.0

This weekend, TGI Fridays filed for Chapter 11 bankruptcy, making it the latest in its class to raise the white flag.

1 min read

Photo by Nokia621 via CC BY-SA 4.0

Big Tech

Zuckerberg to ‘Move Out’ Meta’s Low Performers by Axing 5% of Workforce

It’s the latest in several moves — announced in swift succession — that suggest a radical overhaul in Zuckerberg’s thinking about Meta.

2 min read
Photo by Jake Walker via Unsplash

Advisor Upside

AI’s Coming for Wall Street Jobs

Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.

2 min read
Photo by Jason Briscoe via Unsplash

ETF Upside

Vanguard Flips the Script on 60/40 Rule

The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.

2 min read

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