Transport Topics

First Brands to Sell 12 Brands Including Autolite for $25M

Bankrupt auto parts maker First Brands Group agreed to sell some of its most-recognizable brands for $25 million after losing rescue funding and major customers. PGI Northstar will also take on ...
Transport Topics

First Brands Flails as Customers Don’t Know Who to Pay

As First Brands Group makes its way through bankruptcy court, the auto parts supplier is bumping up against an unexpected snafu: Its customers don’t seem to know who to pay. As the extent of First ...
Variety

Uwe Boll Returns With Parts 2 and 3 of Paramount+ Hit ‘First Shift,’ Eyes Possible Series (EXCLUSIVE)

Uwe Boll has wrapped principal photography on the second and third installments of his hit cop movie “First Shift” in New York City while aiming for a possible series based on the franchise. The 2024 ...
Business Wire

First Brands Group Announces Leadership Transition

ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of aftermarket automotive parts, today announced that Charles Moore has ...
The New York Times

First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned

The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit markets. By Ryan Mac The embattled chief executive of First Brands, an American auto-parts maker that ...
Reuters

First Brands' creditor says $2.3 billion 'simply vanished', seeks probe

Raistone alleges up to $2.3 billion missing at First Brands Questions the company's investigative rigor Asks the court to appoint independent examiner Oct 8 (Reuters) - Trade finance company Raistone, ...
Morningstar

The Funds Most Affected by First Brands’ Bankruptcy and What Investors Can Learn From Them

The impact of First Brands Group’s Oct. 5, 2025, bankruptcy filing will continue to ripple across the financial ecosystem, but one lesson for fund investors is immediately clear: Position sizing ...
Reuters

First Brands files for bankruptcy, revealing billions of dollars in liabilities

NEW YORK, Sept 29 (Reuters) - U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company whose ...
USA Today

First Watch plans for dozens of new restaurants in 2025. Here's where.

First Watch operates more than 580 restaurants in 31 states, and that number is expected to grow in 2025. The company said on its 2025 first quarter earnings call on May 6 it had opened 13 restaurants ...
Aclu.org

Supreme Court Affirms First Step Act Sentencing Reductions

WASHINGTON – The Supreme Court ruled today that the sentencing reductions under the First Step Act of 2018 apply to people whose pre-Act sentences are vacated and who are subject to resentencing after ...
Smithsonian Magazine

The First A.I.-Generated Art Dates Back to the 1970s

Gijon, an Aaron program that Cohen debuted in 2007, created jungle-like scenes—distinct from the figures created by the previous version of the software, Aaron KCAT. Whitney Museum of American Art, ...