Red Lobster’s Popular Endless Shrimp Deal Ate Into Its Profits

Red Lobster’s “irresistible” all-you-can-eat shrimp promotion has indeed proved hard to resist. The Ultimate Endless Shrimp deal has been so popular that it helped cause a drop in third-quarter profit for the restaurant chain, which had to raise the price to $25 from $20. Thai Union Group, which owns a large stake in the chain, …

Elon Musk Apologizes for Endorsing Antisemitic Conspiracy Theory

Just tell me what happened. You write this tweet that says that this is the actual truth. People read that tweet — “Yes.” — and they say, ”Elon Musk is an antisemite.“ That he is riling up this base. You’re hearing it from, as I said, the White House. You’re hearing it from Jewish groups …

Paris Metro Rides During 2024 Olympics Could Cost Almost Double

With nearly 10 million people expected to throng the streets of Paris during the Olympics this summer, visitors already knew getting around the city would be a challenge. But now it will probably be a lot more expensive, too. The price of a single ride on the Metro between July 20 and Sept. 8, roughly …

Elon Musk Slams Advertisers for Pulling Back From X Over Antisemitic Posts

Elon Musk hit out at brands that have pulled their advertising from X after he endorsed an antisemitic conspiracy theory on the social media platform. Mr. Musk apologized for the post at the DealBook Summit in New York on Wednesday, but said that the advertisers were attempting to “blackmail” him. His message for those brands …

Citi Executive Sues the Bank Over Sexual Harassment

The bank asked Ms. Lindsey about their ties in 2019 during an investigation into some of Mr. Singh’s personal financial transactions, including one involving her. Citi did not report any financial wrongdoing by either one to regulators. Ms. Lindsey said at the time that the two were just friends, according to Mr. Costiglio, the Citi …

U.A.W. Announces Drive to Organize Nonunion Plants

The United Automobile Workers union announced Wednesday that it was undertaking an ambitious drive to organize plants owned by more than a dozen nonunion automakers, including Tesla and several foreign companies — a goal that has long eluded it. The move comes weeks after the U.A.W. won new contracts from General Motors, Ford Motor and …

The Dilemmas of the U.A.E., a Petrostate, Preparing to Host COP28

The choice of a leading oil producer, the United Arab Emirates, to host this year’s U.N. climate talks has angered environmental activists. But for the Emirates and other countries both highly dependent on oil and deeply vulnerable to rising temperatures, grappling with climate change is an urgent dilemma for them, too. If the world abandons …

U.S. Will Take Years to Reach Chip Independence, Nvidia C.E.O. Says

1 00:00:00,000 —> 00:00:01,940 “There is a big debate, as you know, 2 00:00:01,940 —> 00:00:04,430 about chip independence. 3 00:00:04,430 —> 00:00:06,530 The big investment that we’re making in chips 4 00:00:06,530 —> 00:00:10,250 to manufacture here in the United States, 5 00:00:10,250 —> 00:00:13,340 whether we should be exporting certain types of chips …

Herzog Says Israel Is Fighting on Behalf of the ‘Free World’

new video loaded: Herzog Says Israel Is Fighting on Behalf of the ‘Free World’ transcript Back transcript Herzog Says Israel Is Fighting on Behalf of the ‘Free World’ President Isaac Herzog of Israel said that in order “to change the equation” in the Middle East, Israel has to “uproot” Hamas. 00:00:00.000 —> 00:00:02.420 We have …

JP Morgan Will ‘Punch Back’ on Texas’ Efforts to Limit Its Business

We financed more oil and gas companies in the world than just about anybody else, which I’m proud of. The best companies, the cleanest companies, they’re reducing the oil and gas. They’re reducing the methane. They will be the biggest part of the transition, whether you think that or not. You know, and so we …