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Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing

Lights Out For Sleep Number, Shares Crash On Potential Bankruptcy Filing Sleep Number Corporation shares crashed after multiple outlets, including The Wall Street Journal and Bloomberg, reported that the mattress and bedding retailer is preparing to file for Chapter 11 bankruptcy. WSJ said that Sleep Number is "expected to use the Chapter 11 process to restructure its balance sheet while continuing operations. The reorganization could also include a potential sale of the business." As of late 2024, Sleep Number had 640 retail stores across the US, with a footprint actively shrinking in...
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Jun 15, 2026 / Tyler Durden
EU Auto Giants Call For 'Made In Europe' Incentives Amid Rising Chinese Competition
EU Auto Giants Call For 'Made In Europe' Incentives Amid Rising Chinese Competition Europe's largest automakers are stepping up efforts to secure stronger support for domestic vehicle manufacturing as competition from Chinese electric vehicle producers intensifies. Renault, Volkswagen, and Stellantis have jointly urged EU policymakers to introduce rules that more heavily reward cars developed and produced within Europe, according to FT. The companies are advocating for a straightforward local content requirement under which vehicles sold as European would need to source the majority of their components from within the EU and...
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Jun 15, 2026 / Ron Paul
Congress’s Failure is Liberty’s Gain
Congress accidentally protected the American people’s liberty this week when it failed to extend Section 702 of the Foreign Intelligence Surveillance Act (FISA). Section 702 authorizes warrantless surveillance of foreign citizens. However, it has been “interpreted” by the FISA court to allow US intelligence agencies to wiretap conversations between a US citizen and a foreign […]
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Apr 8, 2026 / Tyler Durden
Russia Ferries 175 Russian Nuclear Scientists Out Of Iran Via Land Border With Armenia
Russia Ferries 175 Russian Nuclear Scientists Out Of Iran Via Land Border With Armenia Russia has announced that it has successfully evacuated a last main group of Russian workers from Iran's Bushehr Nuclear Power Plant (NPP), which has been hit several times by US-Israeli strikes throughout the over one-month long war. A group of 175 Russian employees of Rosatom Atomic Energy Corporation were evacuated via land route through northern Iran, before taking a flight out of the Armenian capital of Yerevan to Moscow. Anadolu Agency According to TASS, "Earlier, Alexey Likhachev, director general of...
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