Reshmi Basu,

Reshmi Basu, Debt deal for the US telecoms firm is a sign of the tougher times facing some lenders

60%

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

75%

Examples:

  • The article implies that the company is facing tougher times without providing any evidence or context

Conflicts of Interest

50%

Examples:

  • ]99 Cents Only Store LLC has determined that an orderly wind-down was necessary due to financial strains and the inability to identify a solution to continue business
  • . LLC is considering a bankruptcy filing as the discount retailer faces a liquidity shortfall, according to people familiar with the situation.
  • The cost of closing or rebranding those stores is estimated to be around $60 million.

Contradictions

85%

Examples:

  • ]99 Cents Only Store LLC has determined that an orderly wind-down was necessary due to financial strains and the inability to identify a solution to continue business
  • . LLC is considering a bankruptcy filing as the discount retailer faces a liquidity shortfall, according to people familiar with the situation.
  • The cost of closing or rebranding those stores is estimated to be around $60 million.

Deceptions

50%

Examples:

  • ]99 Cents Only Store LLC has determined that an orderly wind-down was necessary due to financial strains and the inability to identify a solution to continue business
  • . LLC is considering a bankruptcy filing as the discount retailer faces a liquidity shortfall, according to people familiar with the situation.
  • The cost of closing or rebranding those stores is estimated to be around $60 million.

Recent Articles

99 Cents Only Stores to Close All Locations Amid Financial Challenges and Inflation

99 Cents Only Stores to Close All Locations Amid Financial Challenges and Inflation

Broke On: Saturday, 06 April 2024 99 Cents Only Stores, a discount retail chain that sells everything for 99 cents or less, is closing all its locations across the country due to financial challenges brought on by COVID-19 and inflation. Meanwhile, Dollar Tree announced it would be raising prices on many of its products to $7 in March.