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Paul Weiss law firm Chairman Brad Karp resigns after Epstein emails released

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Melania Trump says talks with Putin team continue to free Ukrainian kids

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Melania Trump says talks with Putin team continue to free Ukrainian kids


Melania Trump says talks with Putin team continue to free Ukrainian kids

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Pratt engine supply doubts weigh on Airbus output goal, sources say

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Opinion: AI etiquette a matter of manners

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Opinion: AI etiquette a matter of manners

OPINION: No-one wants to read through a lazy offering of slop, but that’s what many AI-created reports are.

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Galaxy Digital Stock Is Tumbling on an Earnings Miss. It’s a Tale of Two Businesses.

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What Keeps CEOs Up At Night. Hint: It Isn’t AI.

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What Keeps CEOs Up At Night. Hint: It Isn’t AI.

What Keeps CEOs Up At Night. Hint: It Isn’t AI.

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Oppenheimer Holdings: Public Markets Come Back, Driving ECM And Profits

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Oppenheimer Holdings: Public Markets Come Back, Driving ECM And Profits

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’Today’ show’s Savannah Guthrie pleads for safe return of missing mother

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Terrell Owens on Bill Belichick, Robert Kraft snubs

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Terrell Owens on Bill Belichick, Robert Kraft snubs
Terrell Owens on Hall of Fame snub and biggest financial mistakes

NFL Hall of Famer Terrell Owens said Wednesday that the recent snubs of New England Patriots owner Robert Kraft and former coach Bill Belichick from the institution show the system is flawed, and someone needs to be held accountable.

“It’s just plain dumb” Owens told CNBC Sport in an interview in San Francisco ahead of Super Bowl LX. “Something has to change.”

The decisions not to vote Kraft and Belichick into the Pro Football Hall of Fame raised eyebrows because of the Patriots’ success. With a win over the Seattle Seahawks on Sunday, the franchise would hold the most Super Bowl wins of any NFL team with seven. Belichick was the team’s head coach for all six of its championship victories, including one over Owens’ Philadelphia Eagles.

2018 Hall of Fame inductee Terrell Owens speaks during a ceremony at halftime of the game between the San Francisco 49ers and the Oakland Raiders at Levi’s Stadium on Nov. 1, 2018 in Santa Clara, California.

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Daniel Shirey | Getty Images

Owens suggested it may be Jim Porter, the Hall of Fame’s president, who has the power to change the system.

“He has to change or make some some adjustments or amendments into either the criteria or the mission statement of the Hall of Fame. Something has to be done,” Owens said.

He also placed the blame on the writers responsible for voting.

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“Whoever put the guidelines and the bylaws in place to ultimately land coaches and athletes in the most prestigious place that you could ever be, and that’s Canton. If the people that you’re appointed aren’t adhering to that, then something’s wrong. They should be held accountable. They should be stripped of their position,” he said.

The Pro Football Hall of Fame did not immediately respond to a request for comment.

The former six-time Pro Bowler Owens would know something about Hall of Fame voting. Owens played 15 seasons in the NFL and was inducted into the Pro Football Hall of Fame in 2018 after being passed over twice despite being ranked near the top of nearly every receiving category. Owens said it cost him financially.

“There’s a lot of complicated financial opportunity that comes with being really a first-ballot Hall of Famer. There’s a ring to it,” he added. “It used to mean so much, and now it seems to be a little bit watered down.”

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When he was inducted into the Hall of Fame, Owens opted to skip the celebration in Canton, Ohio, instead holding his own celebration at the University of Tennessee at Chattanooga, his alma mater, in protest of what he called a “flawed process,” according to ESPN.

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Toyota expected to post third straight quarterly profit drop as costs, tariffs bite

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Toyota expected to post third straight quarterly profit drop as costs, tariffs bite


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Big Rock Sports files for bankruptcy with over $100M in liabilities

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Big Rock Sports files for bankruptcy with over $100M in liabilities

A major distributor in the gun and outdoor sporting goods industry has filed for bankruptcy.

Big Rock Sports, LLC, a key supplier serving tens of thousands of retailers across the U.S. and abroad, has filed for Chapter 7 bankruptcy liquidation in the U.S. Bankruptcy Court for the Eastern District of North Carolina, according to court documents obtained by FOX Business.

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The North Carolina–based company reported more than $100.9 million in liabilities, compared with estimated assets of between $10 million and $50 million.

The bankruptcy filing does not specify what triggered the liquidation but indicates that Big Rock Sports was overwhelmed by a surge of lawsuits from property owners, suppliers and business partners, SBG Media reported.

NEARLY 100-YEAR-OLD CANDY COMPANY FILES FOR BANKRUPTCY AMID RISING COSTS, HEAVY DEBT: REPORT

Rifles and carbines lined up

A collection of rifles  (iStock / iStock)

Roughly $83 million in unsecured claims are expected to go unpaid, according to SBG Media.

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Although the company’s website is currently inaccessible, archived versions reviewed by FOX Business show Big Rock Sports claimed to serve more than 20,000 retailers across the fishing, shooting, camping, taxidermy and marine industries. 

The distributor said its operations spanned the U.S., Canada, the Caribbean region and eight other countries. 

RESTAURANT GIANT FILES FOR BANKRUPTCY UNDER MASSIVE DEBT SHORTLY AFTER TOUTING MAJOR EXPANSION

Fisherman Casting Out His Line on boat

A fisherman is pictured on a boat. (iStock / iStock)

Big Rock Sports also reported working with roughly 1,200 vendor partners and operating approximately 850,000 square feet of distribution space at warehouses in North Carolina, Minnesota and Nevada.

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“Although Big Rock is one of the largest outdoor sporting goods distributors in North America, we’re much more than that,” the company stated on its website. “We offer an exclusive array of tools and resources that are designed to give retailers a competitive edge.”

Big Rock Sports traces its roots back to 1955, when All-Sports Supply was founded in Portland, Oregon.

FRANCESCA’S ALLEGEDLY FIRES WORKERS WITHOUT WARNING AS WOMEN’S CLOTHING RETAILER SHUTS DOWN FOR GOOD

Chapter 7 Bankruptcy text

Big Rock Sports filed for Chapter 7 Bankruptcy. (iStock / iStock)

“The history of Big Rock Sports goes back more than 60 years to the founding of All-Sports Supply in Portland, [Oregon],” the company wrote. “At that time, sporting goods was a much more personal business, and distributors knew the names of their retailers as well as their families.”

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The company’s Canadian subsidiary was liquidated prior to the U.S. bankruptcy filing, according to The Street.

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Big Rock Sports could not immediately be reached by FOX Business for comment.

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