Business

Parent company Chuck E. Cheese files for bankruptcy

Every kid’s favorite pizza-loving mouse has become a victim of the coronavirus. Chuck E. Cheese’s parent company, CEC Entertainment, filed for bankruptcy Wednesday night after the pandemic closed most of its family restaurants. The restaurant and arcade chain said it will use the Chapter 11 process to restructure its heavy …

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Chuck E. Cheese files for bankruptcy

Chuck E. Cheese’s parent company CEC Entertainment said Thursday that it is filing for Chapter 11 bankruptcy protection, citing the “financial strain” of massive restaurant closings due to the coronavirus pandemic. The company said it expects to continue operating many of the family-oriented restaurants, which include the Peter Piper Pizza …

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Tanzanian miner sells rare gemstones for $ 3.4 million

Saniniu Laizer has the two tanzanite gems that he mined and sold for $ 3.4 million. Filbert Rweyemamu / AFP via Getty Images Tanzanian miner Saniniu Laizer has become an overnight millionaire by selling two Tanzanian gemstones, the largest ever found in the country, for 7.7 billion Tanzanian shillings ($ …

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