Phillip Young, the court-appointed receiver for the Tennessee-based distillery, has entered a non-binding letter of intent to sell the company’s assets, according to The Spirits Business. The new ...
Artificial intelligence is rapidly changing the job market, automating jobs across industries. Therefore, in such a scenario, upskilling oneself in industry-relevant AI skills becomes even more ...
Farm Credit Mid‑America, the Louisville‑based lender accusing Uncle Nearest of financial fraud, also alleges that the Tennessee‑based whiskey company hid a $20 million loan it received from MarcyPen, ...
Uncle Nearest and its largest shareholder filed a lawsuit against its main creditor on Tuesday, intensifying a nearly year-long legal saga that started over loans in default and has spiraled since.
What is a K-shaped economy? It’s a term used by a growing number of economists to describe the two-lane scenario they see playing out in the U.S., in which higher-income households on the upward arm ...
Next month, a judge will hand down a decision on the receivership of Uncle Nearest and Nearest Green, a legal saga triggered when a lender argued that the company helmed by Fawn Weaver had defaulted ...
Uncle Nearest has been wrapped up in a lawsuit, on the Black-owned whiskey brand's financial turmoil, for several months. While it remains at risk of foreclosure, new reports show that asset ...
A new study published today in Nature has found that X’s algorithm – the hidden system or “recipe” that governs which posts appear in your feed and in which order – shifts users’ political opinions in ...
Leaders across industries from airlines to packaged foods have said a growing divide between lower-income and wealthy consumers is changing their businesses. By Kailyn Rhone The U.S. economy is ...
Judge keeps Uncle Nearest in receivership pending briefs due Feb. 26, 2026. Farm Credit alleges over $100 million loan default and disputes company solvency. Receiver seeks broader control after ...
Uncle Nearest is insolvent and owes millions of dollars to vendors including WhistlePig and American Spirits, its creditors claim. The company will be involved in a hearing next week as CEO Fawn ...
Receiver reports Uncle Nearest insolvent, losing about $100K monthly under receivership. Farm Credit may stop funding and could move to foreclose; company faces ~$164M debt. Sale prospects weak: ...