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Mass layoffs reportedly began Tuesday in Health and Human Services agencies as part of the department’s ‘restructuring’ to align with President Donald Trump’s executive order, ‘Implementing the President’s ‘Department of Government Efficiency’ Workforce Optimization Initiative,’ as agencies undergo merges and significant downsizing.

The restructuring is expected to bring down 82,000 federal health employees to 62,000.

The department has been preparing to make major cuts in recent weeks across its health agencies, especially pertaining to administrative costs and DEI-related spending.

According to the HHS, the layoffs ‘will save taxpayers $1.8 billion per year’ and ‘streamline’ functions of the department while ensuring that essential services like Medicare and Medicaid continue without disruption. The announcement of the layoffs came last week.

The HHS oversees several major agencies that will likely see some sort of restructuring: Centers for Medicare and Medicaid Services (CMS), Centers for Disease Control and Prevention (CDC), Food and Drug Administration (FDA), National Institutes of Health (NIH), Substance Abuse and Mental Health Services Administration (SAMHSA), Health Resources and Services Administration (HRSA), Administration for Children and Families (ACF), Administration for Community Living (ACL), Agency for Healthcare Research and Quality (AHRQ), Agency for Toxic Substances and Disease Registry (ATSDR).

‘We aren’t just reducing bureaucratic sprawl. We are realigning the organization with its core mission and our new priorities in reversing the chronic disease epidemic,’ HHS Secretary Robert F. Kennedy, Jr. said in a statement. ‘This Department will do more – a lot more – at a lower cost to the taxpayer.’

The new plan will reduce the number of HHS divisions from 28 to 15. One of the key changes includes the creation of the Administration for a Healthy America (AHA), which will combine several agencies, including the Office of the Assistant Secretary for Health and the Substance Abuse and Mental Health Services Administration to ‘break down artificial divisions between similar programs.’ In addition, HHS is reorganizing its regional offices, cutting them down from 10 to 5.

Other changes, according to the HHS, include the creation of a new assistant secretary for enforcement to tackle fraud and abuse in federal health programs.

Another major focus of the restructuring is addressing America’s growing ‘epidemic of chronic illness.’ The plan focuses on clean food, water, and air, while working to eliminate environmental toxins that contribute to health problems. The CDC will also gain additional authority by absorbing the Administration for Strategic Preparedness and Response (ASPR), which handles national disaster and public health emergencies.

‘Over time, bureaucracies like HHS become wasteful and inefficient even when most of their staff are dedicated and competent civil servants,’ Kennedy said. ‘This overhaul will be a win-win for taxpayers and for those that HHS serves. That’s the entire American public, because our goal is to Make America Healthy Again.’

The Associated Press reported Tuesday morning there were hundreds of federal health employees wrapped around the HHS building in two lines to find out whether they still had a job. 

Former FDA Commissioner Dr. Robert Califf wrote in a LinkedIn Post Tuesday morning that the ‘FDA as we’ve known it is finished,’ adding that ‘most of the leaders with institutional knowledge and a deep understanding of product development and safety no longer employed.’

‘I believe that history will see this a huge mistake. I will be fad if I’m proven wrong, but even then there is no good reason to treat people this way. It will be interesting to hear from the new leadership how they plan to put ‘Humpty Dumpty’ back together again,’ Califf wrote.

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Sen. Cory Booker, D-N.J., spoke out against President Donald Trump and Elon Musk on the Senate floor throughout the night after beginning his marathon speech at 7 p.m. Monday.

The senator was still speaking on the floor as of Tuesday afternoon, more than 18 hours after he had begun.

Over 24 hours later, at 7:20 p.m. on Tuesday, Booker had broken the record for the longest Senate floor speech.

Booker yielded to Sen. Chuck Schumer so he could ask the New Jersey Senator a question.

‘Do you know you have just broken the record?’ Schumer asked. ‘Do you know how proud this caucus is of you? Do you know how proud America is of you?’

Everyone in the chamber, besides the press, gave Booker a standing ovation, including those in the gallery and senate pages.

Sen. Tina Smith, D-Minn., was seen wiping a tear from her face, while Sen. Cynthia Lummis, R-Wyo., was also seen standing and applauding.

Booker received some support from other Senate Democrats, whom he allowed to speak at times during his hourslong show of opposition against the Trump administration.

Booker said toward the beginning of his speech that Trump, in 71 days, ‘has inflicted so much harm on Americans’ safety, financial stability, the core foundations of our democracy, and even our aspirations as a people for, from our highest offices, a sense of common decency.’

The senator claimed that the Trump administration and congressional Republicans are targeting Medicaid and Medicare programs to fund tax cuts for billionaires and corporations.

He spent some of his time reading messages from people who wrote about various topics, including concerns about Medicare, Medicaid, and Social Security.

Trump has previously indicated that he will not ‘touch’ Americans’ Social Security, Medicare, or Medicaid benefits, but wants to weed out fraud.

Sen. Chris Murphy, D-Conn., who said he planned to join Booker ‘for the entirety of his speech,’ noted that he was ‘returning the favor’ as Booker joined him when he ‘launched a filibuster to demand action on gun violence nine years ago.’

Murphy was among the Democrats who provided Booker with some relief by speaking at times to punctuate the marathon session.

In the social media video, Murphy described his colleague’s effort as ‘extraordinary.’

Booker said in a video before he began his demonstration that he plans to continue speaking as long as he is ‘physically able.’

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The White House is warning President Trump may veto a Democrat-led resolution that would undo his tariffs against Canada if it passes the Senate on Tuesday.

In a statement of administrative policy obtained exclusively by Fox News Digital, the Trump White House said that if the resolution came to his desk, ‘his advisors would recommend that he veto it.’

Sen. Tim Kaine, D-Va., led several other Democrats in introducing the privileged resolution, which would specifically roll back the tariffs that the Trump administration levied on Canada. 

The resolution would reverse the national emergency that Trump declared on Feb. 1 at the northern border. 

A White House official told Fox News Digital in an exclusive statement, ‘President Trump promised to secure our borders and stop the scourge of fentanyl that’s poisoning our communities, and he’s delivering. Democrat Senator Tim Kaine is trying to undermine the President’s Emergency Declaration at our Northern Borders—a measure that prioritizes our national security—for reasons that defy logic.’

‘Under Joe Biden’s failed leadership, criminal networks, fentanyl, and terrorists ran rampant along the northern border. Today’s stunt by Tim Kaine proves once again how woefully out of touch the Democrat Party is with the American people as they use a matter of national security for political gamesmanship. The stakes are too high to reverse course; the declaration must stay in place.’

Kaine responded with his own statement, telling Fox News Digital, ‘The Trump Administration’s own threat assessment report on fentanyl did not mention Canada—not even once. Trump’s order is a blatant abuse of his authority, and it is critical that Congress push back before he inflicts even more damage to our economy and to the relationship with one of our top trading partners and closest allies.’

In a recent op-ed in the Washington Post, Kaine wrote, ‘The emergency powers Trump is invoking — based on provisions of the 1977 International Emergency Economic Powers Act — are intended for use in legitimate emergencies related to foreign threats and adversaries.’

The senator claimed that ‘Trump’s rationale for an ‘emergency’ that justifies billions in taxes on American consumers doesn’t make sense in Canada’s case.’

He also accused the president of making ‘spurious claims of a fentanyl crisis at the northern border on par with the drug situation at the southern border, but his numbers don’t add up.’

According to the White House, since the emergency was declared, border crossings from the north have fallen by 65%. 

The White House also pointed to the significant increase in encounters along the northern border under former President Joe Biden, who saw a more than 420% increase in encounters at their peak. 

In 2024, the White House further claimed U.S. Customs and Border Protection seized enough fentanyl to kill nearly 10 million people. 

Trump took to Truth Social himself on Monday to rail against Kaine’s resolution: ‘Senator Tim Kaine, who ran against me with Crooked Hillary in 2016, is trying to halt our critical Tariffs on deadly Fentanyl coming in from Canada. We are making progress to end this terrible Fentanyl Crisis, but Republicans in the Senate MUST vote to keep the National Emergency in place, so we can finish the job, and end the scourge.’

‘By their weakness, the Democrats have allowed Fentanyl to get out of hand. The Republicans and I have reversed that course, strongly and quickly. Major additional progress is being made. Don’t let the Democrats have a Victory. It would be devastating for the Republican Party and, far more importantly, for the United States. MAKE AMERICA GREAT AGAIN!’ he continued. 

Republican leadership is echoing Trump’s message in the Senate, with Senate Majority Whip John Barrasso, R-Wyo., set to make similar arguments in a floor speech on Wednesday. 

In prepared remarks obtained by Fox News Digital exclusively, Barrasso will say, ‘For four years, America’s attention has been on the southern border. Meanwhile, the criminal cartels noticed how Joe Biden and the Democrats threw open the northern border.’

He will note that Trump recognized its unique threats and ‘is taking bold, swift action to secure it.’

‘Why would we let up?’ Barrasso will ask, also pointing to the facts that ‘Canada is making changes. Canada agreed to deploy to the border more technology and more law enforcement officers. Canada also created its first ever National Fentanyl Czar.’

The resolution is expected to get a vote on Tuesday. However, it could be moved depending on the length of Sen. Cory Booker’s record-breaking floor speech, which is still ongoing. 

It will only require a simple 51-vote majority to be agreed to. This means there’s a significant chance that it advances, with some Republicans, such as Sen. Rand Paul, R-Ky., having expressed concerns about the tariffs.  

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Democrats and Republicans repeatedly clashed on Tuesday during a lengthy hearing on what the GOP calls ‘activist judges’ blocking President Donald Trump’s agenda.

The House Judiciary Committee’s subcommittees on the Constitution and on courts held the joint hearing in preparation for a House-wide vote on legislation that would limit district judges’ ability to issue nationwide injunctions. That bill is currently stalled, however, after an unrelated fight on proxy voting paralyzed the House floor.

During the hearing, Democrats repeatedly tried to press Republicans on the issue of judicial impeachments — something pushed by conservatives but that House GOP leaders have shown little appetite for pursuing.

‘Some guy I’ve never heard of, he, might be in Congress, introduced an impeachment resolution, and he’s not here,’ Rep. Eric Swalwell, D-Calif., said of an impeachment resolution targeting U.S. district Judge James Boasberg by Rep. Brandon Gill, R-Texas.

‘He hasn’t been here for at least the last hour, and every witness here is in agreement that we really shouldn’t be impeaching judges. I haven’t heard a single colleague on the other side say we should be impeaching judges.’

Rep. Darrell Issa, R-Calif., who was co-chairing the hearing alongside Rep. Chip Roy, R-Texas, asked Swalwell to yield his time — but the California Democrat refused.

‘I don’t think they have anything to talk about with the bills, since they offered a similar bill, and even the solicitor general, as late as October of last year in the Biden administration, wanted exactly what we’re moving out of committee today,’ Issa told Fox News Digital about Democrats’ ploy.

Rep. Jared Moskowitz, D-Fla., compared conservatives’ push to impeach judges to House Republicans’ impeachment inquiry efforts into former President Joe Biden — which ultimately did not end in any such proceedings.

‘I guess we’re taking a page out of [House Oversight Committee Chairman James Comer’s] playbook, we’re just doing fake impeachments,’ Moskowitz told Fox News Digital.

But Roy, who co-led the hearing with Issa, told Fox News Digital it was about ‘trying to make clear that you’ve got a handful of judges acting, clearly politically, to stop the administration from acting.’

‘It’s pretty clear that my Democratic colleagues prefer to defend the right of an MS-13 gang member, clearly here illegally, from being deported,’ Roy said.

But Rep. Scott Fitzgerald, R-Wis., another member of the committee, said at least one goal was to ‘raise the profile of the issue.’

‘Maybe the more headlines a hearing like this gets, it clearly sets it on the plate of Chief Justice Roberts, right, to take action and try to get control of the courts again,’ he said.

It’s not immediately clear when Issa’s bill will get a vote, after House Speaker Mike Johnson, R-La., announced House floor activity was canceled for the rest of this week.

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Sen. Cory Booker, D-N.J., spoke out against President Donald Trump and Elon Musk on the Senate floor throughout the night after beginning his marathon speech at 7 p.m. Monday.

More than 24 hours later, at 7:20 p.m. on Tuesday, Booker had broken the record for the longest Senate floor speech, before finally calling it quits at 8:05 p.m.

In the lead up to breaking the speech record formerly held by former Sen. Strom Thurmond, D/R-S.C., nearly 70 years ago, Booker yielded to Sen. Chuck Schumer, D-N.Y., so he could ask the New Jersey Senator a question.

‘Do you know you have just broken the record?’ Schumer asked. ‘Do you know how proud this caucus is of you? Do you know how proud America is of you?’

Everyone in the chamber, besides the press, gave Booker a standing ovation, including those in the gallery and senate pages.

Sen. Tina Smith, D-Minn., was seen wiping a tear from her face, while Sen. Cynthia Lummis, R-Wyo., was also seen standing and applauding.

Forty-five minutes later, Booker had concluded his speech.

Booker received some support from other Senate Democrats, whom he allowed to speak at times during his hours-long show of opposition against the Trump administration.

Booker said toward the beginning of his speech that Trump, in 71 days, ‘has inflicted so much harm on Americans’ safety, financial stability, the core foundations of our democracy, and even our aspirations as a people for, from our highest offices, a sense of common decency.’

The senator claimed that the Trump administration and congressional Republicans are targeting Medicaid and Medicare programs to fund tax cuts for billionaires and corporations.

He spent some of his time reading messages from people who wrote about various topics, including concerns about Medicare, Medicaid, and Social Security.

Trump has previously indicated that he will not ‘touch’ Americans’ Social Security, Medicare, or Medicaid benefits, but wants to weed out fraud.

Sen. Chris Murphy, D-Conn., who said he planned to join Booker ‘for the entirety of his speech,’ noted that he was ‘returning the favor’ as Booker joined him when he ‘launched a filibuster to demand action on gun violence nine years ago.’

Murphy was among the Democrats who provided Booker with some relief by speaking at times to punctuate the marathon session.

In the social media video, Murphy described his colleague’s effort as ‘extraordinary.’

Booker said in a video before he began his demonstration that he plans to continue speaking as long as he is ‘physically able.’

After pontificating for 25 hours, Booker took a brief moment in his office before facing a group of reporters.

He told reporters that despite fasting for days and drinking water, his muscles started to cramp up during the marathon speech. He even said he was tired and sore.

‘There’s just a lot of tactics I was using to make sure that I could stand for that long,’ Booker said.

But when asked if he felt his speech moved the needle in any way and whether Democrats should employ the same tactic going forward to protest the Trump agenda, Booker said he had not had much time to digest and think about it.

‘There’s a lot of people out there asking Democrats to do more and to take risks and do things differently,’ he said. ‘This seemed like the right thing to do, and from what my staff is telling me…a lot of people watched. And so, we’ll see what it is. I just think a lot of us have to do a lot more, including myself.’

Booker said he was aware of Strom Thurmond’s record speech, but always felt it was a strange shadow to hang over in the Senate.

‘All the issues that have come up on noble causes that people have done, or the things it took to try to stop, I just found it strange that he had the record,’ he said. ‘I didn’t want to set expectations. [The] mission was really to elevate the voices of Americans to tell some of their really painful stories, very emotional stories, and to let them let go and let God do the rest.’

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The House Foreign Affairs Committee (HFAC) is demanding that the United Nations not reappoint Special Rapporteur Francesca Albanese. Rep. Brian Mast, R-Fla., who chairs the committee, is leading the charge to oppose Albanese.

In a letter to U.N. Human Rights Council (UNHRC) President Jürg Lauber, the committee accuses Albanese of failing to uphold the council’s code of conduct. They also condemn Albanese for comments she made about Israel in the wake of Hamas’ Oct. 7 attacks.

‘Albanese unapologetically uses her position as a UN Special Rapporteur to purvey and attempt to legitimize antisemitic tropes, while serving as a Hamas apologist,’ the committee wrote in its letter. ‘In her malicious fixation, she has even called for Israel to be removed from the United Nations while likening Israel to apartheid South Africa.’

The committee not only criticized Albanese but also slammed the UNHRC, saying its leaders ‘allowed antisemitism and anti-Americanism to thrive within, with a seeming unwillingness to hold the most egregious violators of human rights to account.’

‘Francesca Albanese is an unabashed anti-Israel activist who has consistently done the bidding of Hamas terrorists responsible for the heinous October 7th attacks. Her appointment is a disgrace to the U.N. It’s time for the U.N. to claw back the integrity and accountability it has surrendered,’ Mast told Fox News Digital.

U.N. Watch Executive Director Hillel Neuer lauded the ‘much needed’ action from Congress. In a statement to Fox News Digital, Neuer said that Albanese’s reappointment would be ‘unlawful’ and called for ‘consequences’ from the U.S. if she visits the country.

‘Francesca Albanese openly supports Hamas, spreads antisemitic tropes, and tramples the U.N.’s own Code of Conduct. Under the U.N.’s own rules, the president of the Human Rights Council is now duty-bound to convey to the plenary this and other substantial objections that have been submitted, and for the delegates to formally consider Albanese’s many violations. And yet every indication is that the 47-member body — with the EU’s complicity — is instead barreling ahead with Albanese’s reappointment,’ Neuer said in a statement to Fox News Digital.

Albanese, who was appointed special rapporteur in 2022, has been condemned by the governments of multiple countries and faced accusations of antisemitism. Her response to French President Emmanuel Macron calling the Oct. 7 attacks ‘the largest antisemitic massacre of our century’ sparked backlash from France, the U.S. and Germany.

The U.S. slammed Albanese for her ‘history of using antisemitic tropes,’ and said her comments were ‘justifying, dismissing [and] denying the antisemitic undertones of Hamas’ October 7 attack are unacceptable [and] antisemitic.’

The French Mission to the U.N. condemned Albanese’s response in a post on X. According to the Anti-Defamation League’s (ADL) translation, the post read: ‘The October 7 massacre is the largest antisemitic massacre of the 21st century. To deny it is wrong. To seem to justify it, by bringing in the name of the United Nations, is a shame.’ This was just a few months after the mission condemned her ‘hate speech and antisemitism.’

Germany retweeted France’s statement and said, ‘To justify the horrific terror attacks of 7/10 & deny their antisemitic nature is appalling. Making such statements in a UN capacity is a disgrace and goes against everything the United Nations stands for.’

The Office of the High Commissioner for Human Rights did not immediately respond to Fox News Digital’s request for comment.

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The National Security Council (NSC) has clarified reporting about National Security Advisor Michael Waltz and his staffers using personal Gmail accounts for government communications.

A report published by the Washington Post on Tuesday claimed that one of Waltz’s senior aides used Gmail ‘for highly technical conversations with colleagues at other government agencies involving sensitive military positions and powerful weapons systems relating to an ongoing conflict,’ according to the piece.

‘While the NSC official used his Gmail account, his interagency colleagues used government-issued accounts, headers from the email correspondence show,’ the Post reported.

The piece comes a week after Waltz took responsibility for one of his staffers accidentally adding The Atlantic editor-in-chief Jeffrey Goldberg to a sensitive Signal chat with other officials, including Vice President JD Vance.

NSC spokesperson Brian Hughes told Fox News on Tuesday that the Post report was an attempt ‘to distract the American people from President Trump’s successful national security agenda that’s protecting our nation.’

‘Let me reiterate, NSA Waltz received emails and calendar invites from legacy contacts on his personal email and cc’d government accounts for anything since January 20th to ensure compliance with records retention, and he has never sent classified material over his personal email account or any unsecured platform,’ Hughes said.

Hughes said that he could not verify the Post’s report about the senior NSC official because the journalist ‘refused to share any part of the document reported.’

‘Any correspondence containing classified material must only be sent through secure channels and all NSC staff are informed of this,’ the official said. ‘It is also made clear to NSC personnel that any non-government correspondence must be captured and retained for record compliance.’

Speaking to a room full of reporters last week, President Donald Trump said he believes Waltz is ‘doing his best,’ and did not fault him for the Signal leak.

‘I don’t think he should apologize,’ the president said. ‘I think he’s doing his best. It’s equipment and technology that’s not perfect.’

‘And, probably, he won’t be using it again, at least not in the very near future,’ Trump continued.

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Hollywood’s blockbuster slate is heating up, and AMC Entertainment is increasing the number of its premium screens to meet demand.

The world’s largest cinema chain is adding 40 Dolby Cinema theaters to its U.S.-based AMC locations through the end of 2027. It marks a 25% increase in the number of the branded premium screens, bringing the company’s total number to more than 200.

“Premium moviegoing is defining the modern box office,” said Kevin Yeaman, president and CEO of Dolby Laboratories. “In expanding our longstanding partnership with AMC, we look forward to providing even more audiences with access to the most immersive film experiences that you can only get at Dolby Cinema.”

The announcement comes just days after AMC revealed a partnership with CJ 4DPLEX to add 65 Screen X auditoriums and 40 4DX theaters to its theaters around the globe.

Premium large format screens, often referred to as PLFs, are elevated viewing experiences that come with a higher ticket price. The physical screens are often bigger than traditional movie screens or have auditoriums that feature higher-quality sound systems or seating options.

Dolby Cinemas are specially designed auditoriums with plush, reclining seats and a combination of Dolby Vision and Dolby Atmos, which deliver crisp visuals and immersive sound. Screen X theaters feature a 270-degree panoramic screen that extends the movie image onto the side walls using multi-projection technology, and 4DX is a premium experience that features gyroscopic seats and practical effects like fog, water and wind that play in time with the movie.

The films that benefit the most from PLF ticket sales have been Hollywood’s biggest blockbusters, as audiences want to see explosive action movies and dazzling spectacles in the most state-of-the-art locations. It’s why films like Universal’s “Oppenheimer,” Disney’s “Avatar: The Way of Water” and Warner Bros.′ “Dune” and “Dune: Part Two” captured a significant portion of the PLF box office during their runs.

The 2025 and 2026 box offices are packed with blockbuster features from major franchises like Avatar, Star Wars, Jurassic Park, the Marvel Cinematic Universe, DC comics and Mission Impossible.

“The expansion of this partnership is a powerful demonstration of AMC’s ongoing commitment to deliver this premium experience — sought out by filmmakers, studio partners, and our guests — to even more of our theaters and AMC moviegoers around the United States,” Adam Aron, AMC’s CEO, said in a statement Monday about the Dolby expansion.

As of 2024, there were more than 950 theaters in North America that had PLF screens, a 33.7% jump from just five years ago, according to data from Comscore. These screens accounted for 9.1% of the domestic box office, around $600 million in 2024.

Premium ticket prices average just under $17 apiece, according to movie data firm EntTelligence, an 8% increase since 2021, when the company first started reporting these figures.

PLF receipts still represent a small portion of the overall box office, with most audiences seeing films on traditional digital screens. However, the PLF box office has grown 33% in just five years.

Disclosure: Comcast is the parent company of NBCUniversal and CNBC.

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Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by the company’s founders.

Hooters, like other casual dining restaurants, has struggled in recent years due to inflation, the high costs of labor and food and declining spending by cash-strapped American consumers. The company currently directly owns and operates 151 locations, with another 154 restaurants operated by franchisees, primarily in the United States.

The privately-owned company, which shares a private equity owner with recently-bankrupt TGI Fridays, intends to sell all corporate-owned locations to a buyer group comprised of two existing Hooters franchisees, who operate 30 high-performing Hooters locations in the U.S., mainly in Florida and Illinois.

Hooters did not disclose the purchase price of the transaction, which must be approved by a U.S. bankruptcy judge before it becomes final.

Founded in 1983, Hooters became famous for its chicken wings and its servers’ uniform of orange shorts and low-cut tank tops.

The buyer group is backed by some of Hooters’ original founders, and it pledged to take Hooters “back to its roots.”

“With over 30 years of hands-on experience across the Hooters ecosystem, we have a profound understanding of our customers and what it takes to not only meet, but consistently exceed their expectations,” said Neil Kiefer, a member of the buyer group and the current CEO of the original Hooters’ location in Clearwater, Florida.

Hooters said it expects to complete the deal and emerge from bankruptcy in three to four months. The company has lined up about $35 million in financing from its existing lender group to complete the bankruptcy transaction.

Casual dining restaurants have been hammered by rising costs in 2024, with well-known chains like TGI Fridays, Red Lobster, Bucca di Beppo, and Rubio’s Coastal Grill all filing for bankruptcy last year.

Restaurant prices have risen about 30% in the last 5 years, outpacing consumer prices overall, according to the Federal Reserve Bank of St. Louis.

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Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price.

Speaking at a town hall event in Wisconsin, Musk said his role with the so-called Department of Government Efficiency — which is pushing for widespread government job cuts — is creating backlash against his electric car company and hurting the stock.

“What they’re trying to do is put massive pressure on me, and Tesla I guess, to … stop doing this,” Musk said, according to Bloomberg News. “My Tesla stock and the stock of everyone who holds Tesla has gone, went roughly in half. I mean it’s a big deal.”

Elon Musk at a Cabinet meeting at the White House on March 24.Win McNamee / Getty Images

Shares of Tesla entered Monday already down more than 34% year to date, and the stock has been cut nearly in half from its peak in December. Shares were down an additional 6% in premarket trading Monday.

Tesla’s stock is trading at a little more than half of its highest level from December.

The drop for the stock could be a “buying opportunity” for the long term, said Musk, who was in Wisconsin ahead of a state supreme court election there. Musk has campaigned for the conservative candidate and spent more than $12 million on the race, in addition to giving $1 million each to two voters at Sunday’s rally for signing a petition against “activist judges.”

The slumping stock isn’t the only sign of public anger with Musk for his political work. Protesters demonstrated at Tesla dealerships over the weekend, and there have been reports of vandalism against vehicles and dealers across the country.

Musk’s role in politics is not limited to DOGE. He publicly campaigned with Trump in 2024 and has been a regular presence at the White House since the new administration took over in January. He also regularly comments on many different political topics on X, the social media company he owns.

The CEO’s rising political profile comes amid signs that Tesla’s core business is slowing. The automaker’s vehicle deliveries declined in 2024, and preliminary data has shown that sales are down again early this year, especially in Europe. In a note to clients Sunday, investment firm Stifel trimmed its price target on the stock and lowered its sales projections for Tesla.

Musk’s political dealings may not be the only reason for Tesla’s struggles. Other U.S. auto stocks have also labored in recent weeks, partly because of threats of higher tariffs on imported goods into the U.S. and retaliation from overseas trading partners, adding uncertainty to an industry whose supply chains are tightly woven among the U.S., Canada and Mexico.

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