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Instant Pot maker seeks bankruptcy protection as sales go cold

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The maker of Pyrex glassware and Instant Pot has filed for Chapter 11 bankruptcy protection as the company that was already struggling is stung by inflation, with Americans pulling back on spending. According to a filing with the U.S. Bankruptcy Court for the Southern District of Texas this week, Instant Brands, based outside of Chicago, has more than $500 million in both assets and liabilities. Inflation has buffeted consumers after a pandemic-fueled binge on goods for the home, but spending has also moved elsewhere as people are again able to travel, or go to restaurants and shows. Read More...

MoNique Says It Loudly

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The comedy veteran’s new special is a reintroduction: “It lets you understand why I fight the way that I fight.” Mo’Nique. Photo: John Washington Jr./Netflix Mo’Nique. Mo’Nique has been laughing off doubters for decades. She blossomed into an award-winning actor in spite of people who didn’t think much of her UPN sitcom The Parkers, which ran from 1999–2004. She refused to occupy the role of the demure celeb in the 2010s after winning an Academy Award for her harrowing performance in Precious, as film-industry figureheads (some of whom she considered friends) portrayed her spirit of independence as an air of insouciance. Read More...

New Yorker jailed during war on drugs becomes cannabis pioneer

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New York This article is more than 11 months oldThis article is more than 11 months oldRoland Conner, 50, opens pop-up marijuana shop in Greenwich Village, only second legal dispensary in the state As a New York City teenager, 50-year old Roland Conner found himself harshly punished for minor offenses related to marijuana. A 1991 arrest resulted in a months-long incarceration, as America’s flawed “war on drugs” had an unfairly disproportionate impact on Black and brown youth. Read More...

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