News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
collapsed inline media
So long, Denny's. Soon you will be gutted and sold for scrap, and your name will be added to the list:
https://en.wikipedia.org/wiki/List_of_private_equity_owned_companies_that_have_filed_for_bankruptcy
How can the list be that short? Hasn't this been a thing that's even recognized in pop culture since the 1980s?
I was wondering why Marvel wasn’t on the list. Turns out there is apparently a difference between a private equity firm and a holding company. So there is at least part of your answer.
Dennys ruined Dennys by being Dennys. Mostly the only reason I've ever gone there is because it was the only place open after the bars closed. During normal hours, there are about a million other restaurants I'd rather spend my money at. In this case, I don't really see the issue and hope they tank further in order to deprive these private equity firms of even more capital.
Also side note, they mentioned the one in San Francisco closing and im wondering if its the same one we visited in the early '10s on a family vacation. To this day, I wonder how much those workers could possibly have earned in the most expensive city in the country and whether it was worth what was probably a two hour commute to get there.
Exactly. Fuck private equity takeovers, but at the same time successful companies rarely get taken over by private equity.
I'm torn. No more legalizeed gambling in stock market; big corpo entities all the same. 😑
RTFA
This is how it starts. Denny's is slowly dying. Its revenue in 2025 is half what it was 20 years ago. Denny's is trying to stop the bleeding by scaling back, but it's too little too late. Private equity smells blood in the water. This will end just like Toys R Us, Sears, and so many others.
Tbf, it was garbage dining.
Oh well.
I'm a Toys-R-Us kid and I think maybe we didn't need all that fucking plastic.
We will survive without Grand Slams.
It's time to put the corporations back on the back burner of Americana.
Selling everything to private equity firms won't do that, though. Quite the opposite.
Based on how many corps bought out by private equity get stripped for parts and destroyed, I'd say the outcome is relatively similar.
I would prefer the deaths didn't enrich the oligarchs more, but I am actively trying to pull back my spend on all corporate stuff because of this exact horseshit. Lots of others are, too. Maybe others think I am just pissing in the wind, but at this point I give zero fucks what others think and vote with my wallet until I can vote for people who will regulate this shit like a functioning government is supposed to instead of this reality tv garbage.
Amen!