Summary of “Chapter 11 bankruptcy, explained”

Bankruptcy can play out in a number of ways, from reorganization to liquidation Just because a retailer can reorganize through bankruptcy doesn’t mean it ought to go that route.
While Chapter 11 bankruptcy is focused on a company reorganizing and paying off its debt, it has a variety of possible outcomes.
Reorganization efforts often fail, and a Chapter 11 bankruptcy can end in liquidation of some or all of the company’s assets.
Gordon Brothers is best known as a liquidator, but Toubassy led its March 2017 acquisition of Wet Seal’s brand name after the mall retailer shut down all of its stores and filed for Chapter 11 bankruptcy protection earlier that year.
It’s not uncommon for a brand to relaunch out of bankruptcy only to stumble and file for bankruptcy again – what those in the bankruptcy business jokingly call a “Chapter 22.” While Chapters 7 and 13 impose waiting periods for filing a second time, Chapter 11 bankruptcy generally comes with no such rules, and Chapter 22s have become common in the retail world recently, highlighting the challenging nature of the business right now.
For bankrupt retailers, reorganization is increasingly unlikely The system that Squire described, one in which a company can restructure via Chapter 11 bankruptcy protection, isn’t a realistic option for many retailers today.
That’s in part due to the Bankruptcy Abuse Prevention and Consumer Protection Act, a 2005 amendment to the US Bankruptcy Code.
Previously, bankrupt retailers had 60 days to either reject or accept their store leases, but they could ask the court for repeated extensions of that deadline – “Often for the full duration of a debtor’s bankruptcy case,” according to the American Bankruptcy Institute.

The orginal article.

Summary of “How America’s food giants swallowed the family farms”

Nick Dearden of Global Justice Now warned: “It is really an animal welfare issue here. If UK farmers want to compete against American imports, they will have to lower their standards or go out of business.” His words would come as no surprise to Rosemary Partridge, who farms in Sac County, western Iowa.
A decade later, the farm crisis hit as overproduction, the US grain embargo against the Soviet Union and high interest rates dramatically drove up costs and debt for family farms.
As the medium-sized family farms retreated, the businesses they helped support disappeared.
Tim Gibbons of Missouri Rural Crisis Center, a support group for family farmers set up during the 1980s farm crisis, says the cycle of economic shocks has blended with government policies to create a “Monopolisation of the livestock industry, where a few multinational corporations control a vast majority of the livestock”.
“The system has been set up for the benefit of the factory farm corporations and their shareholders at the expense of family farmers, the real people, our environment, our food system,” he adds.
The biggest pig farmer in the country is Virginia-based Smithfield Foods, which has nearly a million sows in the US. Iowa Select Farms has one of the fastest-growing Cafo operations in the country, with 800 farms spread through half of the counties in Iowa.
“They’ll hire somebody to sit in a little office somewhere and run that stuff off the computer and farm the land that way. Now what you’ve done is you have lost the innate knowledge of how to grow food and raise animals. You’ve lost a whole generation of it, probably two. Now we are going to rely on a few corporations to decide who is going to eat and who isn’t. We’re one generation away from that picture right now.”
In Williams, Schutt says he’s seeing a community of owners becoming workers: “It’s going to be like Russia with serfs. If you want to work on a farm, you’ll have to work for them. We’ll give you a job, but you’re going to be working on our terms. We control everything. Small farms can’t survive.”

The orginal article.

Summary of “Tim Berners-Lee: ‘Stop web’s downward plunge to dysfunctional future'”

Global action is required to tackle the web’s “Downward plunge to a dysfunctional future”, its inventor Sir Tim Berners-Lee has told the BBC. He made the comments in an exclusive interview to mark 30 years since he submitted his proposal for the web.
In an open letter also published on Monday, the web’s creator acknowledged that many people doubted the web could be a force for good.
“We need open web champions within government – civil servants and elected officials who will take action when private sector interests threaten the public good and who will stand up to protect the open web,” he wrote.
Wandering round the data centre at Cern, Sir Tim Berners-Lee was in a playful mood, remembering how he’d plugged the very first web server into the centre’s uninterruptible power supply over Christmas so that nobody would switch it off – only for the whole place to be powered down.
Sir Tim has a plan – the Contract for the Web – to put things back on the right track but it depends on governments and corporations doing their part, and the citizens of the web pressing them to act.
When, as my last question, I asked Sir Tim whether the overall impact of the web had been good, I expected an upbeat answer.
His brilliant creation has grown into a troubled adolescent – and Sir Tim sees it as his personal mission to put the web back on the right track.
Sir Tim’s vision was “At once utopian and realistic”, said Jonathan Zittrain, author of The Future of the Internet and How to Stop It. It rested on the idea that a free and open web would empower its users, rather than reduce them to simply being consumers, he explained.

The orginal article.

Summary of “How to Streamline Every Area of Your Life”

I strongly believe in streamlining areas of your life that are repetitive and/or annoying, if it allows you to carve out time for the things that are more important in your life.
1) You save time by avoiding multiple runs to the grocery store, thinking what to cook and where to eat every single day.
Bonus: Order your groceries online to save even more time.
By having a set of recipes that you know how to do in your sleep you are able to save time and mental energy on decision making, ingredient shopping and recipe research.
Bonus points if you do it online to save even more time.
Bonus points if you are able to outsource house work and save even more time.
The thing with errands is that they like to stay on our to-do list for a very long time, making us feel worse every time we look at it.
Workouts:Plan your workouts ahead. Having a workout schedule saves you a lot of time and increases your chances of actually working out.

The orginal article.

Summary of “Mathematically perfect rings could soundproof the world”

The pipe was actually left open save for a small, 3D-printed ring placed around the rim.
That ring cut 94% of the sound blasting from the speaker, enough to make it inaudible to the human ear.
Dubbed an “Acoustic meta-material,” the ring was printed from a mathematically modeled design, shaped in such a way that it can catch certain frequencies passing through the air and reflect them back toward their source.
Typical acoustic paneling works differently, absorbing sound and turning the vibrations into heat.
Air and light can travel through it-just sound cannot.
There’s really no limit to the possibilities, but it does sound like these silencers will need to be tailored to circumstance.
“The idea is that we can now mathematically design an object that can blocks the sounds of anything,” says Boston University professor Xin Zhang, in a press release.
Now if I can only get a pair of earmuffs to tune out the sound of my own chewing, they’ll really have something.

The orginal article.

Summary of “Samuel L. Jackson Discusses Captain Marvel, Donald Trump, Quentin Tarantino and How Long He’ll Act”

He has found his way into megafranchises like Star Wars and The Incredibles, and as former SHIELD director Nick Fury, Jackson has shot eleven different Marvel movies, including four Avengers films.
The Jackson-led M. Night Shyamalan sequel Glass opened the year atop the box office for multiple weeks, and between that and his Marvel commitments, the actor could spend the first year of his seventies with more weeks at number one than any other working actor in 2019-a remarkable feat for a man who is already the highest-grossing film actor of all time, with his movies accounting for an estimated $13 billion combined.
A scant thirty years and more than a hundred movies later, we are sitting in that country-club dining room and he is saying things like “Engage your core.” Glass, the much-awaited sequel to 2000’s gritty superhero epic Unbreakable, hit theaters in January; he is reprising his role as Nick Fury in the upcoming films Captain Marvel and Spider- Man: Far from Home; and the Brie Larson-directed Unicorn Store is slated for Netflix in April.
As a kid, did you look at movies and think, I want to do that!?We looked at movies and went home and redid the movies.
Quality movies are movies that make me happy, a movie I would’ve gone to see.
It’s a very different movie from the movie that I went there to do.
What do you think about all the controversy surrounding Quentin Tarantino’s use of the n-word in that movie? It’s some bullshit.
“I’m never going to see a Sam Jackson movie again.” Fuck I care? If you never went to another movie I did in my life, I’m not going to lose any money.

The orginal article.

Summary of “When Solving Problems, Think About What You Could Do, Not What You Should Do”

Palmieri turned to the younger boy and asked, “What would you like to have?” He answered: “Pizza!”.
A taxi showed up not long after with the pizza, and Palmieri delivered it to the table.
As Palmieri told me, “It simply took a change of course, and one pizza.”
We’ve all had colleagues who annoy us or deviate from the script with no heads-up, causing conflict or wasting time: jerks and show-offs who seem to be difficult for no good reason and people who break rules just for the sake of it and make others worse off in the process.
Sully had 155 people on board and very little time to find a place to land in a city of tall buildings.
Another problem people have with rebels at work is the conflict that sometimes results.
Some tension is a positive thing, because it can help get people to move past should to could.
We then asked another group of people to evaluate all the products the three groups created on their originality.

The orginal article.

Summary of “This is what it’s like waking up during surgery”

Nearly all the patients included said they heard voices or other sounds under general anaesthesia.
Estimates of how often anaesthesia awareness happens have varied depending on the methods used, but those relying on patient reports had tended to suggest it was very rare indeed.
The results, published in 2014, found that the overall prevalence was just 1 in 19,000 patients undergoing anaesthesia.
During the induction of the anaesthesia, the staff place a cuff around the patient’s upper arm that delays the passage of the neuromuscular agent through the arm.
“My view is that the patient is expecting to be unconscious, and, as a researcher who wants to understand the mechanisms at play, but also a clinician who wants to deliver high-quality care and meet the expectations of the patient, we are duty-bound to understand this balance and to find out the true rates and the true impact of those events, whether they have any impact or not, and the ways we can curtail them.”
Having gained strength in the years following the trauma, Donna is now trying to remedy the problem, by working with Canadian universities to educate doctors about the risks of anaesthesia awareness and the best ways to treat patients.
Although widespread signalling across the brain appears to be impaired when people are under general anaesthesia, there is evidence that certain areas – including the auditory cortex – remain responsive, suggesting that medical staff might be able to send suggestions and encouragement, while a patient is unconscious, to reduce their pain after surgery.
Clearly, no one is suggesting that you would keep a patient fully aware on purpose, but perhaps one day more anaesthetists will be able to make use of the brain’s ability to absorb information on the operating table.

The orginal article.

Summary of “Who Wins in the Name Game?”

All else being equal, changing a candidate’s name from Sue to Cameron tripled a candidate’s likelihood of becoming a judge; a change from Sue to Bruce quintupled it.
Our names can even influence what cities we live in, who we befriend, and what products we buy since, we’re attracted to things and places that share similarities to our names.
A name is, after all, perhaps the most important identifier of a person.
Something as packed full of clues as a name tends to lead to all sorts of assumptions and expectations about a person, often before any face-to-face interaction has taken place.
A first name can imply race, age, socioeconomic status, and sometimes religion, so it’s an easy-or lazy-way to judge someone’s background, character, and intelligence.
Teachers tend to hold lower expectations for students with typically black-sounding names while they set high expectations for students with typically white- and Asian-sounding names.
One could imagine these students were given the advantage of high expectations and self-perception, whether or not they had the money and support that comes with the socioeconomic background associated with those names.
What if parents from disadvantaged circumstances gave their children “Advantaged” names? Could just a name really have that great of an effect on a person’s career and future?

The orginal article.

Summary of “How I Rewired My Brain to Become Fluent in Math”

If there were a textbook example of the potential for adult neural plasticity, I’d be Exhibit A. Learning math and then science as an adult gave me passage into the empowering world of engineering.
My doctoral training in systems engineering-tying together the big picture of different STEM disciplines-and then my later research and writing focusing on how humans think have helped me make sense of recent advances in neuroscience and cognitive psychology related to learning.
In the years since I received my doctorate, thousands of students have swept through my classrooms-students who have been reared in elementary school and high school to believe that understanding math through active discussion is the talisman of learning.
In the United States, the emphasis on understanding sometimes seems to have replaced rather than complemented older teaching methods that scientists are-and have been-telling us work with the brain’s natural process to learn complex subjects like math and science.
There is an interesting connection between learning math and science, and learning a sport.
I learned these things about math and the process of learning not in the K-12 classroom but in the course of my life, as a kid who grew up reading Madeleine L’Engle and Dostoyevsky, who went on to study language at one of the world’s leading language institutes, and then to make the dramatic shift to become a professor of engineering.
In my case, from my experience becoming fluent in Russian as an adult, I suspected-or maybe I just hoped-that there might be aspects to language learning that I might apply to learning in math and science.
As I look today at the shortage of science and math majors in this country, and our current trend in how we teach people to learn, and as I reflect on my own pathway, knowing what I know now about the brain, it occurs to me that we can do better.

The orginal article.