Uncle Nearest’s Mystery Deal Fell Apart. Now 3 New Buyers Are Circling the Whiskey Brand

The insolvent company’s receiver says a sale is close. He plans to use Chapter 11 to transfer its assets without existing liabilities.

The insolvent company’s receiver says a sale is close. He plans to use Chapter 11 to transfer its assets without existing liabilities.
Iran is losing leverage over the Strait of Hormuz as oil exports recover under the protection of the U.S. military, but the Islamic Republic is unlikely to stand by and watch while its own economy crumbles. This past week, JPMorgan said Middle East crude exports reached about 17.5 million barrels per day, or 98% of…
Abby, a 13-year-old from Poulsbo, Washington, went to a Seattle Mariners baseball game expecting nothing more than a fun night. She left with a trading card worth $20,100, the Seattle Times reports. The card featured Jimothy, a raccoon with an unusually short, round shape who went viral this summer after videos of him wandering a…
Wendell Huang, chief financial officer of Taiwan Semiconductor Manufacturing Co. (TSMC), during a news conference in Taipei, Taiwan, on Thursday, July 16, 2026. Bloomberg | Bloomberg | Getty Images TSMC is racing to accelerate capacity at its Arizona factory as the company continues to see a “multi-year demand mega trend” from its customers, Chief Financial…
Look past the puppies, gelato, and robots and you’ll see the true future of AI and banking. I’d like to say I spent Monday lounging in the heat and humidity on Miami’s South Beach while everyone back home in New York was recovering from a nor’easter. Instead, I settled in for a different kind of…
This article was written by Follow I have been managing investments for over eight years in capital markets. By qualification I am a CFA Charter holder. I primarily look for discrepancies between the price and value of a security. With a focus on first-principal mindset, I try breaking down ideas into their core- most tangible…
Taiwan Semiconductor Manufacturing (TSM -2.11%) has clocked respectable gains of 35% on the stock market in 2026 so far. However, the foundry giant’s returns pale in comparison to the 61% spike in the PHLX Semiconductor Sector index this year. Popularly known as TSMC, the Taiwan-based foundry and semiconductor packaging specialist is one of the world’s…