News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
If you ran a corporation, you too could benefit from this, but obviously the minority of people are in that situation, and corporations have lobbied for us to spend immense funds supporting that "kind" of socialism. They should just go bankrupt, and instead fund the people who will have lost their job, and directly invest there to get them back onto the market.
3500 million dollars to go "figure it out". It's meant for the company to make good by its clients, but we know that's not what's going to happen
I'm not sure what you mean by "that kind of socialism", but rest assured that the $3.5b didn't come from the government. Rite Aid got the money all by itself, mostly by selling off parts of its own business.
The courts are simply there to make sure Rite Aid doesn't do anything sneaky with the money before paying off its creditors.
I was talking a out bailouts specifically yeah, so not in this case.
Chapter 11 is to protect against creditors and force them to cooperate, prevent lawsuits and seizing assets. IN EXCHANGE the court promises to make sure the creditors get their share in the end.
Guess how it always ends...