When you grow up in New England you don’t see lobster as quite the luxury the rest of the country does. Lobster isn’t exactly free in coastal parts or New England but it’s often much cheaper. than anywhere else In Swampscott,

Portland, Maine, U.S.A.-based lobster processing company Cozy Harbor Seafood has filed for Chapter 11 bankruptcy, citing post-Covid price instability and uncertain tariff threats as obstacles to operating within workable margins.

Wolfspeed filed for Chapter 11 bankruptcy Monday, June 30, a step in a previously-announced restructuring plan to reduce the company’s $6.7 billion in debt by 70%.