Archives

Red Lobster

Red Lobster Abruptly Closes at Least 48 Restaurants in US Amid Bankruptcy Reports

Red Lobster is unexpectedly shutting 48 US locations, liquidating its assets via an online auction. A sign is posted in front of a Red Lobster restaurant on May 16, 2014 in San Bruno, California.


Lawrence Wong to be Sworn in as Singapore’s 4th PM on May 15

Singaporean Deputy Prime Minister Lawrence Wong is set to be sworn in as the city-state’s prime minister and retain his finance portfolio after Lee Hsien Loong’s 20-year leadership of the ASEAN nation.

Corporate Greed Is Not the Main Driver of US Inflation: Fed Study

Corporate greed is not the main driver of US inflation, according to a new study released by the Federal Reserve Bank of San Francisco.

Sony Appoints Hermen Hulst and Hideaki Nishino as New PlayStation CEOs

Sony named Hermen Hulst and Hideaki Nishino PlayStation division CEOs starting on June 1, replacing Jim Ryan.


Latest News

Former Cruise CEO Kyle Vogt Returns to Robotics Realm, Raises $150 Million for Househoild Robot Company
Kyle Vogt, the former founder and CEO of self-driving vehicle firm Cruise, has launched a new venture-backed robots business focusing on home tasks.
Mumbai Billboard Collapse Kills 12, Injures Dozens Following Freak Accident
Tragedy struck in India's financial capital Mumbai as a billboard collapsed during a fierce storm, resulting in the loss of twelve lives and leaving at least 60 people injured, according to officials.
Singaporean AI Expert Stresses Learning How to Properly ‘Speak’ with AI to Keep Workforce Efficient
AI Singapore’s director of innovation Laurence Liew stressed the importance of properly using AI technology in order to boost the wider adoption of the technology on all companies across multiple sectors and minimize corporate hesitation.
Black Hole ChatGPT? OpenAI Explains Reason Behind New Logo
OpenAI explained the reason behind the new black hole ChatGPT logo. Here's what CTO Mira Murati said.
NICB Says Kia, Hyundai Among Most Stolen Cars—Here are Other Brands in the List
NICB announced its list of the most stolen cars, with Kia and Hyundai at the top. Here are other vehicle brands commonly targeted by thieves.
SAFRICA-POLITICS-ELECTION
South Africa faces a significant corporate exodus, raising economic concerns. Major departures like BNP Paribas and Shell highlight regulatory instability and threatening investment.
Major Airlines Target Biden Admin's Fee Disclosure Rule—Here's What They Argue
Major airlines complain about the Biden Admin's fee disclosure rule. They're now asking a federal appeals court to remove the policy.
GameStop Prepares to Report Quarterly Earnings
Roaring Kitty's return sparks meme stock surge with GameStop and AMC soaring. GameStop faces challenges despite short-term gains.
BBC Podcast Advertising Plan Concerns Media Firms—British Government Receives Complaint Letter
Many big media firms are concerned about the BBC's podcast advertising plan. A complaint letter has been sent to the British government.
Lin-Manuel Miranda In Conversation With Bill & Melinda Gates
Melinda French Gates resigned as co-chair of the Bill & Melinda Gates Foundation, citing a need to focus on her philanthropic efforts, with an additional $12.5 billion allocated for her work for women and families.