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 JHVEPhoto via iStock

Artificial Intelligence

ByteDance is Winning the China AI Race. That’s Bad News for TikTok.

ByteDance, the China-based TikTok owner and political punching bag, is emerging as the nation’s answer to OpenAI.

2 min read
Photo by Rann Vijay via Pexels

Finance

Sixth Street Gives Affirm a Big Boost

Private credit and buy-now-pay-later firms are teaming up to cut banks out of the consumer finance supply chain.

2 min read
Photo by Roy Luck via CC BY 2.0

M&A

Nippon Steel’s $15 Billion Acquisition of US Steel Might Fall Through

The Committee on Foreign Investment is divided on if the deal presents a security risk. The split gives Biden more grounds to block the deal.

1 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.