Transport Topics

First Brands to Sell 12 Brands Including Autolite for $25M

Bankrupt auto parts maker First Brands Group agreed to sell some of its most-recognizable brands for $25 million after losing rescue funding and major customers. PGI Northstar will also take on ...
The Atlantic

First Jobs Matter More Than We Think

When Jack Waxman, a government major at Cornell, was a senior, he faced a choice. He could pursue a job in Senator Chuck Schumer’s office, where he had interned the previous summer. Or he could commit ...
Transport Topics

First Brands Flails as Customers Don’t Know Who to Pay

As First Brands Group makes its way through bankruptcy court, the auto parts supplier is bumping up against an unexpected snafu: Its customers don’t seem to know who to pay. As the extent of First ...
People

Woman Goes Viral for Scary Good Halloween Makeup Transformations (Exclusive)

Sarah Fritz, a 22-year-old Australian content creator, sits down with PEOPLE to break down how she ushers in the spooky season @sarahfritzmua (3) Sarah Fritz, a 22-year-old Australian content creator, ...
Variety

Uwe Boll Returns With Parts 2 and 3 of Paramount+ Hit ‘First Shift,’ Eyes Possible Series (EXCLUSIVE)

Uwe Boll has wrapped principal photography on the second and third installments of his hit cop movie “First Shift” in New York City while aiming for a possible series based on the franchise. The 2024 ...
CNBC

First Brands CEO James resigns amid bankruptcy process; turnaround expert in charge

First Brands said on Monday founder Patrick James had stepped down as CEO and will be succeeded by Chief Restructuring Officer Charles Moore on an interim basis, as the auto parts maker advances its ...
Business Wire

First Brands Group Announces Leadership Transition

ROCHESTER HILLS, Mich.--(BUSINESS WIRE)--First Brands Group, LLC (“First Brands” or the “Company”), a leading global supplier of aftermarket automotive parts, today announced that Charles Moore has ...
The New York Times

First Brands’ C.E.O. Steps Down, While Its Accounting Is Questioned

The auto-part maker’s bankruptcy has rocked Wall Street and revealed trouble in the private credit markets. By Ryan Mac The embattled chief executive of First Brands, an American auto-parts maker that ...
Reuters

First Brands' creditor says $2.3 billion 'simply vanished', seeks probe

Raistone alleges up to $2.3 billion missing at First Brands Questions the company's investigative rigor Asks the court to appoint independent examiner Oct 8 (Reuters) - Trade finance company Raistone, ...
Morningstar

The Funds Most Affected by First Brands’ Bankruptcy and What Investors Can Learn From Them

The impact of First Brands Group’s Oct. 5, 2025, bankruptcy filing will continue to ripple across the financial ecosystem, but one lesson for fund investors is immediately clear: Position sizing ...
Forbes

Why Innovation Favors First Movers

Forbes contributors publish independent expert analyses and insights. David Henkin helps organizations and individuals innovate and grow. There has always been a compelling desire to be first. We ...
Reuters

First Brands files for bankruptcy, revealing billions of dollars in liabilities

NEW YORK, Sept 29 (Reuters) - U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company whose ...