Wall Street Journal

First Brands Lays Off Employees as Buyer Interest Fades

First Brands Group has been unable to find financing or a buyer to continue most of its companywide operations, the bankrupt auto-parts supplier said as it laid off employees in its aftermarket ...
Smithsonian Magazine

The First A.I.-Generated Art Dates Back to the 1970s

Gijon, an Aaron program that Cohen debuted in 2007, created jungle-like scenes—distinct from the figures created by the previous version of the software, Aaron KCAT. Whitney Museum of American Art, ...
The Atlantic

First Jobs Matter More Than We Think

When Jack Waxman, a government major at Cornell, was a senior, he faced a choice. He could pursue a job in Senator Chuck Schumer’s office, where he had interned the previous summer. Or he could commit ...
Southwest Times Record

First Bank Corp. to merge with Russellville-based First State Bank

First Bank Corp. has announced a merger with Russellville-based First State Bank. The merger expands First Bank Corp.'s presence across the Arkansas River Valley. First State Bank will continue to ...
Transport Topics

First Brands Flails as Customers Don’t Know Who to Pay

As First Brands Group makes its way through bankruptcy court, the auto parts supplier is bumping up against an unexpected snafu: Its customers don’t seem to know who to pay. As the extent of First ...
Transport Topics

First Brands Lenders Allege ‘Widespread Fraud’ in Filing

[Stay on top of transportation news: Get TTNews in your inbox.] A group of First Brands lenders have accused the auto parts supplier of “widespread fraud” and are seeking to end part of the auto parts ...
American Banker

First Citizens takes $83 million hit tied to First Brands

Key insight: Two more regional banks disclosed credit losses related to the bankruptcy of First Brands, the U.S. auto parts maker that filed for bankruptcy amid allegations that it engaged in fraud.
The Economist

First Brands is a painful but necessary warning for Wall Street

In court the firm’s lawyer described it as tremendous. That may have been true once, but today First Brands is a disaster. On October 13th Patrick James, its chief executive, resigned; America’s ...
Variety

Uwe Boll Returns With Parts 2 and 3 of Paramount+ Hit ‘First Shift,’ Eyes Possible Series (EXCLUSIVE)

Uwe Boll has wrapped principal photography on the second and third installments of his hit cop movie “First Shift” in New York City while aiming for a possible series based on the franchise. The 2024 ...
CNBC

First Brands CEO James resigns amid bankruptcy process; turnaround expert in charge

First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis, as the auto parts maker advances its ...
Business Wire

First Brands Group Announces Leadership Transition

ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of aftermarket automotive parts, today announced that Charles Moore has ...
The New York Times

First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned

The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit markets. By Ryan Mac The embattled chief executive of First Brands, an American auto-parts maker that ...