Freddy's Frozen Custard Franchisee Files Bankruptcy Over Chicago Store Losses

Freddy’s Frozen Custard Franchisee Files Bankruptcy Over Chicago Store Losses | Income Tips & Side Hustles

M&M Custard, one of the largest franchisees of Freddy’s Frozen Custard and Steakburgers, filed for Chapter 11 chapter safety in the U.S. Bankruptcy Court for the District of Kansas.

The Overland Park, Kansas-based company operates 31 Freddy’s places across Illinois, Indiana, Kansas, Kentucky, Missouri and Tennessee, reporting $5.2 million in belongings against $27.7 million in liabilities owed to more than 100 collectors.

In court docket paperwork, CEO Eric Cole called the company’s 11 Chicago shops a “toxic asset” that generated unfavorable EBITDA and have become a financial drain on the whole portfolio. M&M purchased six Chicago shops in 2021 for $1 million, hoping to dominate the market with an further dedication to develop 13 more places. Three years later, Cole blamed Chicago’s “burdensome regulatory and tax environment” for its melting sales.

What This Hedge Fund Billionaire Did Differently to Fix His NFL Disaster

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When David Tepper bought the Carolina Panthers for a file $2.3 billion in 2018, he took a hands-on method — churning by way of seven coaches and 10 quarterbacks. The strategy bombed as the team received just 33% of its games and never made the playoffs. Tepper even threw a drink at a fan and acquired fined $300,000.

Now the hedge fund supervisor value $24 billion is doing one thing radically different: stepping back. Tepper employed new coaches and a GM, allow them to rebuild the roster without interference, and invested closely in analytics and amenities. The result? The Panthers are 6-5 this season and playoff-bound.

“You really know you’re successful when you know what you don’t know,” Tepper told The New York Times in a uncommon interview, admitting his early errors.

The ‘Complete Idiot’s Guide’ Franchise Gets a Hollywood Deal

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Those yellow-and-black how-to books that taught hundreds of thousands to faux their method by way of all the things are headed to your display screen.

Amasia Entertainment just snagged the franchise rights from Penguin Random House to show The Complete Idiot’s Guide collection into movies, TV exhibits, podcasts and streaming content. The deal covers each scripted and unscripted tasks across all platforms, including social media.

The transfer underscores Hollywood’s obsession with mining nostalgic IP for sure-thing content — because why create one thing new when you may repackage a 32-year-old ebook collection everybody already is aware of?

AI Teddy Bear Powered By ChatGPT Pulled from Shelves For Saying Inappropriate Things

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A $99 speaking bear meant for youths escalated conversations into graphic sexual content and supplied recommendations on discovering harmful home goods, according to a watchdog report.

The Kumma bear, manufactured in China and bought by Singapore-based FoloToy, makes use of OpenAI’s GPT-4 chatbot. Researchers from the Public Interest Research Group found that the bear mentioned sexually express subject matter. It also volunteered the place kids may discover knives and matches round the home.

The findings shed a brilliant light on how AI firms’ adult-facing technology will get repurposed for kids’s merchandise without sufficient safeguards.

FoloToy CEO Larry Wang told CNN the company is “conducting an internal safety audit” after pulling its AI-enabled toys from sale. OpenAI hasn’t commented on how its technology ended up in a kids’s toy.

AI Workers Who Train ChatGPT and Google’s Gemini Tell Their Families Not To Use It

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The people educating AI chatbots to sound human are warning family members to avoid the technology they help build.

A dozen AI raters and trainers who work on fashions including ChatGPT, Google’s Gemini and Elon Musk’s Grok told The Guardian they’ve stopped utilizing generative AI personally and actively discourage family and friends from trusting it. These staff consider AI responses for accuracy and spend their days catching bots meting out false info, revealing biases and making harmful suggestions.

Workers report imprecise directions, minimal training and unrealistic time limits—suggesting firms prioritize speed over security. Meanwhile, chatbots turned more confidently mistaken: their charge of repeating false info almost doubled from 18% to 35% between August 2024 and 2025, according to NewsGuard.

Anthropic Launches Claude Opus 4.5 AI Model After $350 Billion Valuation

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Anthropic just launched Claude Opus 4.5, its third AI mannequin in three months following Claude Sonnet 4.5 in September and Claude Haiku 4.5 in October.

The new release targets skilled software builders and information staff like financial analysts, consultants and accountants. Anthropic says the mannequin beat rivals including Google’s Gemini 3 Pro and OpenAI’s GPT-5.1 on coding checks, and even outscored every human candidate on Anthropic’s inside engineering examination.

The annoucement comes after Microsoft and Nvidia announced multi-billion-dollar investments in the startup last week, giving it a whopping $350 billion valuation.

M&M Custard, one of the largest franchisees of Freddy’s Frozen Custard and Steakburgers, filed for Chapter 11 chapter safety in the U.S. Bankruptcy Court for the District of Kansas.

The Overland Park, Kansas-based company operates 31 Freddy’s places across Illinois, Indiana, Kansas, Kentucky, Missouri and Tennessee, reporting $5.2 million in belongings against $27.7 million in liabilities owed to more than 100 collectors.

In court docket paperwork, CEO Eric Cole called the company’s 11 Chicago shops a “toxic asset” that generated unfavorable EBITDA and have become a financial drain on the whole portfolio. M&M purchased six Chicago shops in 2021 for $1 million, hoping to dominate the market with an further dedication to develop 13 more places. Three years later, Cole blamed Chicago’s “burdensome regulatory and tax environment” for its melting sales.

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