Sixty-five Carl’s Jr. locations in California are at risk after Friendly Franchisees Corporation filed for Chapter 11 bankruptcy protection. Friendly Franchisees Corporation filed through the U.S.

A Chapter 11 bankruptcy seeks to reorganize a company’s debts and enable the entity to remain operational and become solvent.

2025 was a significant year for Chapter. The company grew revenue 3x and surpassed $100 million in ARR, making it one of the fastest-growing companies in the country. More importantly, the company ...

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There’s a recurring joke in It Chapter Two that lead protagonist Bill Denborough — played as an adult by James McAvoy and once again as a kid by Jaeden Martel — can’t write a satisfactory ending to ...

Albert Phung has 7+ years of experience as a process improvement consultant for several businesses; currently with Alberta Health Services. Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA ...

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Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in ...

John Egan is a veteran personal finance writer whose work has been published by outlets such as Bankrate, Experian, Newsweek Vault and Investopedia. Managing Editor, Global Data and Automation for ...