Red Lobster’s Everyday Endless Shrimp deal seemed too good to be true. In June of 2023, the promotion was turned into a permanent menu item, offering customers unlimited servings of shrimp for just $20. The move was a head-scratcher: How could a deal like that possibly be profitable? Turns out, it wasn’t—and a new lawsuit claims that may have been on purpose. The Red Lobster GUC Trust, a liquidation trust formed when Red Lobster filed for bankruptcy in 2024, is suing former majority stakeholder Thai Union Group, a Thai seafood company. The lawsuit alleges that Thai Union treated Red Lobster…
Author: Staff Writer
War has now entered the video game stage. Ukraine has placed a literal price tag on Russian lives, paying soldiers roughly $2,200 for capturing an enemy combatant and around $330 for killing one in close combat when confirmed by video. This is the monetization of death. What better way to entice the youth than to turn war into a video game? Call of Duty-aligned missions are provided, as the Ukrainian government is providing incentives for death and destruction. The new bonuses are part of Ukraine’s broader transformation of its military into a contract-based force with higher pay, clearer service terms,…
Every year at Cannes Lions, the advertising world takes stock of itself—what’s working, what’s not, and what it’s pretending not to notice. Autodesk CMO Dara Treseder breaks down the industry’s complicated relationship with AI; weighs in on the hottest and most overrated campaigns of the year, including sharp takes on Nike, Adidas, and Starbucks; and explains why the path from CMO to CEO is suddenly the most interesting career move in business. This is an abridged transcript of an interview from Rapid Response, hosted by former Fast Company editor-in-chief Robert Safian. From the team behind the Masters of Scale podcast,…
Just to clarify, this conference is open to all. I was asked to present a session on “how the world works” as a way to pass knowledge on to the next generation, and I’m happy to say I’ve committed to doing it. So here it is. Please note: the book will be given only to those who attend the conference in person. For anyone unable to attend, a recorded video will be made available after the event. Since we’re keeping costs low, we won’t be live-streaming—so the video will be offered separately, and you won’t need a conference ticket to purchase it.…
Popular — and expensive — GLP-1 weight loss drugs just got a lot cheaper for many older Americans.Starting Wednesday, the federal government is offering a selection of the brand name medications to certain Medicare and Medicare Advantage beneficiaries for $50 a month through a new trial called Medicare GLP-1 Bridge.The temporary program, which runs until the end of 2027, is the first opportunity for most older adults to get GLP-1s, short for glucagon-like peptide-1 receptor agonists, covered by insurance when used strictly for weight loss. But there are weight and health requirements, and those who already get GLP-1s covered for…
In Kimberley Kausen’s home, a passed “sell by” date on a jug of milk means different things to different family members. For her daughter, it means the jug belongs in the trash. For her husband, it means the milk is still good for a few more days.Kausen, a chef and cooking teacher in Irvine, California, is more discerning and often uses her sense of smell before deciding what to do with the milk.“I’ll put some thought into it, and if we’re talking about meat and poultry, I’m very cautious about that and for sure will do the smell test and…
On TikTok, social media influencers can be seen extolling the virtues of just about everything. From fibermaxxing to ResearchTok, we have seen—and covered—it all. Well, at least we thought we had, until we saw the wildly popular “divorce glow up“—also known as the “divorce effect”—viral trend, in which women are posting before and after photos following the end of their marriage. And, the internet is loving it. The trend shows women, mostly in their 20s and 30s, sharing their post-divorce physical transformations on TikTok—into seemingly fitter, better dressed, and happier versions of their married selves. The trend is also spilling over…
A heatwave is blanketing most of the Central and Eastern US this week, and while some are bracing for what could be record-setting triple digit weather, others are coping with, well, memes. In the days leading up to a dangerous heat wave users are taking to social media to share America’s love of air-conditioning, an amenity that is notoriously absent in most of Europe—which went through its own record-breaking heat dome last week. “The European mind cannot comprehend this,” a post to X said, alongside an image of Emanuel Leutze’s Washington Crossing the Delaware painting, with an air-conditioning unit held…
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 increased 412.64 points or 0.59% to 70,474.96 • Shanghai increased 18.048 points or 0.44% to 4,112.445 • Hang Seng closed • ASX 200 decreased 55.80 points or -0.64% to 8,722.90 • SENSEX increased 443.97 points or 0.58% to 76,922.64 • Nifty50 increased 140.10 points or 0.59% to 24,005.85 The major Asian currency markets had a mixed day today: • AUDUSD decreased 0.00114 or -0.16% to 0.69080 • NZDUSD increased 0.00047 or 0.08% to 0.56817 • USDJPY decreased 0.209 or -0.13% to 162.360 • USDCNY increased 0.00159…
Kroger said Wednesday it plans to buy regional grocer and pharmacy retailer Giant Eagle in a deal valued at $1.65 billion. Giant Eagle, which is privately held, has 197 supermarkets and 11 standalone pharmacies across northern Ohio, western Pennsylvania, West Virginia, Maryland, and Indiana. They would continue to operate under the Giant Eagle name under the terms of the deal. Kroger, which is the largest U.S. supermarket chain, has 2,685 stores in 35 states and the District of Columbia. Its stores operate under various brand names, including Ralphs, King Soopers, Smith’s, and Fred Meyer. The transaction includes $1.25 billion in…